Following an appeal of the Odessa Region Appeal Court decision in Euler Hermes Services Schweiz AG v OJSC Odessa Fat and Oil Plant, on April 8 2015 the High Specialised Court of Ukraine issued a decision which confirms that an application for recognition and enforcement of an arbitral award can be served only by the original […]
In the recent years international legal community has been widely discussing the need for, and the limits of, application of the piercing the corporate veil doctrine. Having its origins in common law countries, first and foremost the USA and the UK, the doctrine allows disregarding corporate shield of legal entities and is now quite familiar […]
Сегодня мы решили разместить в нашем блоге достаточно интересный с профессиональной точки зрения обзор порядка разрешения споров в двух отраслевых арбитражах – арбитраже под эгидой Международной ассоциации торговли зерновыми и кормовыми товарами (ГАФТА) и арбитраже при Федерации ассоциаций торговли масличными культурами, семенами и жирами (ФОСФА). Эти виды арбитража для многих производителей, трейдеров, покупателей являются обычным делом, […]
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 […]
The mitigation of damages is a well-known principle in international legal practice. However, in Ukraine there is no widely applied court and arbitration practice on the issues relating to mitigation of damages, and aggrieved parties may be unclear as to what should and can be done. Scope of mitigation rule The essence of mitigation of […]