Arbitral Digest

Matter

Krederi Limited v. Ukraine (ICSID Case No. ARB/14/17)

Case no.
ARB/14/17
Applicable rules
ICSID Arbitration Rules in force as of April 2006
  1. 2 July 2018Arbitration

    2 July 2018Arbitration

    Award dated 2 July 2018

    International Centre for Settlement of Investment Disputes

    Decision summary
    By majority, the Tribunal found that it had jurisdiction over the claims and unanimously dismissed all claims. Each Party was ordered to bear its own costs, the Parties were ordered to bear the costs of the proceedings in equal shares, and Ukraine was ordered to reimburse Krederi Limited USD 313,711.67 for its share of the costs advanced by Krederi Limited.

    Supporting details

    5 authorities · 35 participants
    Krederi Limited
    Representative
    Loukas Mistelis (For: Krederi Limited)
    Representative
    Maria Kitromilidou (For: Krederi Limited)
    Representative
    Harris Bor (For: Krederi Limited)
    Representative
    Roberto Castro de Figueiredo (For: Krederi Limited)
    Representative
    Oksana Malenko (For: Krederi Limited)
    Representative
    Armenak Ohanesian (For: Krederi Limited)
    Representative
    Mistelis & Haddadin Ltd (For: Krederi Limited)
    Representative
    Attorney's Partnership Interactio (For: Krederi Limited)
    Representative
    Ohanesian's Law Office (For: Krederi Limited)
    Representative
    Kannava, Kitromilidou & Co LLC (For: Krederi Limited)
    Ukraine
    Representative
    Andrei Yakovlev (For: Ukraine)
    Representative
    Dorothy Murray (For: Ukraine)
    Representative
    Alexis Namdar (For: Ukraine)
    Representative
    Edmund Northcott (For: Ukraine)
    Representative
    Andrei Kolupaev (For: Ukraine)
    Representative
    Tatiana Kolga (For: Ukraine)
    Representative
    Igor Nagai (For: Ukraine)
    Representative
    Michael Siroyezhko (For: Ukraine)
    Representative
    Artem Zubko (For: Ukraine)
    Representative
    King & Wood Mallesons (For: Ukraine)
    Representative
    KWM Europe LLP (For: Ukraine)
    Representative
    Lexwell & Partners (For: Ukraine)
    Representative
    Ministry of Justice of Ukraine (For: Ukraine)
    International Centre for Settlement of Investment Disputes
    Arbitrator
    August Reinisch
    Arbitrator
    Markus Wirth
    Arbitrator
    Gavan Griffith
    Tribunal secretary
    Ella Rosenberg
    Institutional administrator
    Diana Burden
    Institutional administrator
    Laurie Carlisle
    Institutional administrator
    Ludmila Davis
    Institutional administrator
    Boris Kovaltchouk
    Institutional administrator
    Oleks Nesnov

    Authorities cited

    5
    • United Kingdom-Ukraine Bilateral Investment Agreement for the Promotion and Reciprocal Protection of Investments (United Kingdom-Ukraine Bilateral Investment Agreement, 10 February 1993)
      treaty
    • Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (ICSID Convention, 18 March 1965)
      treaty
    • Vienna Convention on the Law of Treaties, 23 May 1969
      treaty
    • Civil Code of Ukraine
      statute
    • Commercial Code of Ukraine
      statute

Matter record

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Krederi Limited v. Ukraine (ICSID Case No. ARB/14/17) · Matter