AMIC Energy, an Austrian private equity firm, is threatening to sue Ukraine based on the Energy Charter Treaty after its assets were seized by Kyiv over the company’s close ties to Russia.
The Bureau of Economic Security of Ukraine (ESBU) seized the assets of one of Ukraine’s largest fuel retailers, AMIC Ukraine, the local subsidiary of AMIC Energy, an Austrian private equity firm.
La Fédération de Russie avait fait recours contre un arbitrage en faveur de la filiale du défunt groupe pétrolier russe de l’oligarque et opposant Mikhaïl Khodorkovski.
On September 30, 2022, Russian President Vladimir Putin purported to annex four Ukrainian provinces: Luhansk, Donetsk, Kherson, and Zaporizhzhia. This escalation is likely to trigger investment treaty claims against Russia.
Russia’s top lender Sberbank initiated investment arbitration proceedings against Ukraine after its parliament approved a presidential decree allowing for the forced seizure of Sberbank-owned assets in the country.
This note focuses on the relevant international law considerations, including the possible remedies that investors may seek in respect of these measures under international investment law.
La Cour suprême néerlandaise a annulé la condamnation de Moscou à verser 50 milliards de dollars d’indemnisation aux ex-actionnaires de l’ancien géant pétrolier Ioukos.