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Ilyashev & Partners Convinces Kyiv Court of Appeal to Enforce Arbitration Award Against Ukraine

Ilyashev & Partners Convinces Kyiv Court of Appeal to Enforce Arbitration Award Against Ukraine

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Ilyashev & Partners has successfully represented British company JKX Oil & Gas PLC before the Kyiv Court of Appeal in its claim to have an award of over USD 12 million from the Permanent Court of Arbitration in London recognized and enforced in Ukraine.

The losses suffered by JKX Oil & Gas were incurred, Ilyashev & Partners reports, "as a result of the violation by Ukraine of its commitments under an agreement with the United Kingdom on Promotion and Mutual Protection of Investments."

JKX Oil & Gas PLC is engaged in exploration and production of oil and gas in the European and North American countries. The company is listed on the London Stock Exchange and has been operating in Ukraine since 1994.

The Ilyashev & Partners team was led by Senior Partner Roman Marchenko. 

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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