The ICSID in the case Eugene Kazmin v. Latvia issued its Award discontinuing the arbitration and ordering the Claimant, Ukrainian citizen Kazmin, to bear the costs of the proceeding.
The companies of the Philip Morris International group on December 21, 2020 filed a claim about bilateral investment arbitration against the government of Ukraine.
The Paris Court of appeal set aside the arbitral award issued in the dispute Oschadbank v. the Russian Federation, finding that the tribunal lacked temporal jurisdiction.
Oschadbank plans to immediately appeal against the judgment of the Paris Court of Appeal, which rejected the award in the case against Russia over compensation for losses caused by the occupation of Crimea.
Chinese investors of PJSC Motor Sich have increased the preliminary cost of claims against Ukraine in international arbitration from $3.5 billion to $3.6 billion.
US Optima Ventures intend to file a lawsuit against the United States seeking compensation of $23 million in response to two civil forfeiture actions targeting their assets in Louisville.
Chinese investors have brought a $3.5 billion arbitration case against Ukraine for blocking the sale of a strategic aircraft engine maker whose fate Washington is closely following.
Philip Morris Ukraine, a large tobacco manufacturer, will file a motion with the ICSID in response to the decision of the Antimonopoly Committee of Ukraine on a UAH 1.2 billion fine.
Investors in renewable energy projects in Ukraine are considering legal action after feed-in tariffs for solar and onshore wind power plants were reduced retroactively to 2015, according to an expert.
Imperial Tobacco is working on available legal instruments of protection, including an international investment arbitration tribunal, to contest a fine imposed by Ukraine for anticompetitive concerted actions.