Introduction When bankruptcy proceedings are opened against a Ukraine-registered debtor company, a register of creditors’ claims must be formed in order to decide on debt repayments. If a creditor does not file an application for entry into the register, its claim will be considered discharged. To be entered into the register, the creditor’s claim must […]
It has emerged that a US$4.5 million SCC award arising out of the first Russian-language Energy Charter Treaty claim was successfully recognised and enforced against Ukraine last month – but a Russian court is now considering whether to overturn the judgment debt that the award upheld.
GAR: The president of the Supreme Arbitrazh Court of the Russian Federation, Anton Ivanov, has told a conference in St Petersburg that the Russian courts should be granted powers to set aside foreign court judgments and international arbitration awards that prejudice interests of Russian parties.