International arbitration News, analytics and practice

10Aug/100

A court is not obliged to read an arbitration clause

This is another post in the Ukraine – arbitration-friendly jurisdiction set of comments. The Highest Economic Court of Ukraine being a body that is responsible for elaboration of the unified court practice of resolution of commercial disputes in Ukraine, adopted the ruling that answers the question: “Is a court obliged to terminate proceedings if a dispute is based on a contract that contains valid arbitration clause?”

24Jun/100

All or Nothing? – A Debate on the Production of Documents

On 15 September 2010, Young Arbitrators Stockholm (YAS) will host a seminar together with ICDR Y&I, the International Centre for Dispute Resolution Young & International.

 The program will take the form of a debate, titled "All or Nothing - A Debate on the production of documents", and will be moderated by Patricia Shaughnessy (Stockholm Centre for Commercial Law, Sweden) and Mark Kantor (Georgetown University, Washington, USA).All or Nothing Arbitration2 All or Nothing? – A Debate on the Production of Documents

10Jun/102

Stockholm Court Rules Against Naftogaz Ukrainy in RosUkrEnergo Gas Arbitration Case

RosUkrEnergo, the controversial former intermediary in the supply of Russian and Central Asian gas to Ukraine, has won a key ruling in its arbitration case against Naftogaz, but the Stockholm Arbitration Tribunal has said that the cash-strapped Ukrainian state gas firm Naftogaz must restore 12.1 bcm of gas in storage to RosUkrEnergo rather than paying cash as compensation.

IHS Global Insight Perspective  
Significance The Stockholm Arbitration Tribunal ruling essentially restores ownership title to RosUkrEnergo of 11 bcm of gas in Ukrainian storage that the intermediary claimed was "expropriated" by Naftogaz in the aftermath of the political deal that ended the January 2009 Russia-Ukraine gas dispute and awards a further 1.1 bcm of gas in lieu of damages.
Implications The court ruled that Naftogaz (which has already been held responsible for paying US$197 million in damages to RosUkrEnergo), must provide this 12.1 bcm by 1 September, giving it nearly three months to pump additional supplies into storage and transfer title to this gas to RosUkrEnergo—or come up with another solution.
Outlook Although the arbitration court's ruling is a clear victory for RosUkrEnergo, the decision to award the company (a joint venture between Centragas and Gazprom) in gas rather than in cash means that state-owned Ukrainian firm Naftogaz—which could scarcely afford to pay several billion dollars in cash damages—has dodged a bullet that could have pushed it into bankruptcy.

21May/10Off

RosUkrEnergo is demanding the Stockholm Arbitration that Naftohaz Ukrainy compensate some USD 5.4 billion of losses

RosUkrEnergo (Switzerland) is demanding the Arbitration Institute of the Stockholm Chamber of Commerce that Naftohaz Ukrainy national joint-stock company compensate some USD 5.4 billion of losses for withdrawal of 11 billion cubic meters of gas stored in the Ukrainian repositories, RosUkrEnergo press secretary Andrii Knutov has informed Ukrainian News.

In his words the arbitration court opened hearings within the framework of consideration the dispute between RosUkrEnergo and the national oil and gas company.

19May/10Off

Entwicklung der alternativen Streitbeilegung

Seit Kurzem stellt die Deutsche Institution für Schiedsgerichtsbarkeit  auf ihrer Homepage (http://www.dis-arb.de/) mit der DIS–Konfliktmanagementordnung (DIS-KMO), der DIS-Mediationsordnung (DIS-MedO), der DIS-Schiedsgutachtensordnung (DIS-SchGO) und der DIS-Gutachtensordnung (DIS-GO) vier neue Regelwerke für den Bereich der alternativen Streitbeilegung zur Verfügung. Alle Regelwerke sind zum 1. Mai 2010 in Kraft getreten.

14May/10Off

ICSID Panel Denies Ukraine’s Challenge to Arbitrator

On March 19, 2010 two members of an ICSID arbitral tribunal – the Honourable Davis R. Robinson (President) and Dr. Stanimir A. Alexandrov – dismissed the Ukraine’s challenge to the tribunal’s third member, Dr. Yoram Turbowicz, reported Investment Treaty News.

Arbitral proceedings between Alpha Projektholding GMBH (Alpha) and the Ukraine began in 2007 after the Austrian company alleged violations of the Austria-Ukraine BIT in relation to its investment in a hotel-development project in Kiev in the mid-1990s.

12May/10Off

“Naftohas Ukrajiny” muss “RosUkrEnergo” 197 Mio. Dollar zahlen

Wie dem “Dserkalo Tyshnja“ bekannt wurde, hat das Stockholmer Schiedsgericht in einem Zwischenurteil, bezüglich der Forderungen von “RosUkrEnergo” an “Naftohas Ukrajiny”, “Naftohas” verpflichtet, dem Kläger 197 Mio. Dollar zu zahlen.

Die erste Klage von “RosUkrEnergo” an “Naftohas” wurde im April 2008 eingereicht. Im Januar 2009 reichte “RosUkrEnergo” noch weitere drei Klagen gegen “Naftohas” beim Schiedsgericht in Stockholm ein. “Naftohas” reichte seinerseits vier Gegenklagen gegenüber “RosUkrEnergo” ein.

Alle Klagen seitens “RosUkrEnergo” und von Seiten “Naftohas Ukrajiny” wurden zu einer Sache zusammengefasst, die beim Schiedsinstitut bei der Handelskammer in Stockholm verhandelt wurden.

Quelle: Ukraine Nachrichten

Mehr Informationen finden sich auf Ukrainisch hier und auf Russisch hier.

11May/10Off

Summary Proceedings in International Arbitration

The separation of the state courts’ and of the arbitrators’ respective spheres of competence, which is uncontroversial with respect to the merits of a dispute, is much more problematic in relation to summary proceedings, i.e. proceedings aimed at obtaining a rapid decision on one or more aspects of dispute. Whether, and to what extent, arbitral tribunals and state courts have jurisdiction to hear applications for summary judgments in the presence of an arbitration agreement on merits of the dispute, is one of the major problems of international arbitration, and the solutions adopted differ significantly from one jurisdiction to another.

rome arbitration1 Summary Proceedings in International Arbitration

29Apr/10Off

The future of arbitration in Sweden – challenges and opportunities

Annette Magnusson is the new Secretary General at the Arbitrations Institute of the Stockholm Chamber of Commerce, the SCC. On Monday 17 May she will speak on the topic “The future of arbitration in Sweden – challenges and opportunities” during the seminar to be hosted by Stockholm Chamber of Commerce. So – take the opportunity and ask Annette Magnusson her opinions on how arbitration will develop in Sweden!stockholm arbitration 500x500 The future of arbitration in Sweden – challenges and opportunities

26Apr/10Off

International Commercial Arbitration: Study of a mock case under the ICC Rules

ICC presents “International Contracts: Study of a mock case under the ICC Rules of Arbitration (PIDA training in English and French)”, 17 - 20 May 2010 ICC - 38, Cours Albert 1er, 75008 Paris, France.

Drawn upon the experience of renowned arbitrators in a multicultural and international environment, the training will meet the practical needs of those involved in international trade and will simulate ICC arbitration, highlighting differences in cultures and legal practices.

21Apr/10Off

Three judges in two courts know what mediation is

To elaborate and present to the Government

the bill on mediation not later than February 2008

(Action plan aimed at realization of the foreground

tasks of the Ministry of Justice of Ukraine for 2008)

There are activities plans adopted by the Ukrainian state bodies that envisage the development of mediation as one of the most effective instruments of alternative dispute resolution. Several times mediation was mentioned in governmental programs. It means that the mediation is well-known among statesmen.

However, how it may happen in that case that the Ukrainian courts’ decisions mention “mediation” only as a way of conciliation between a victim and a criminal. There are only eight judgments in criminal cases passed by three judges in two courts (Kyiv and Poltava Regions) where that instrument mentioned.

19Apr/10Off

Enforcement of Arbitration Awards in Russia and Ukraine: Dream or Reality?

Recently we have reached one interesting publication “Enforcement of Arbitration Awards in Russia and Ukraine: Dream or Reality?”, prepared under the auspices of the American Bar Association, Section of International Law and the Center for Continuing Legal Education.

Though I do not completely agree with certain opinions of the authors (in some cases they sound too critically, I think) I recommend to read that material. Not only because some of the authors are my colleagues and acquaintances. The publication is full of practical situations illustrated by cases.

7Apr/10Off

Die Unabhangigkeit des Schiedsrichters: Theorie und Praxis

Die Unabhangigkeit des Schiedsrichters ist ein wesentliches Element eines fairen Verfahrens. Was aber genau bedeutet „Unabhangigkeit“?handelskammer hamburg3 Die Unabhangigkeit des Schiedsrichters: Theorie und Praxis

6Apr/10Off

“Naftohas Ukrajiny” muss “RosUkrEnergo” 197 Mio. Dollar zahlen

Wie dem “Dserkalo Tyshnja“ bekannt wurde, hat das Stockholmer Schiedsgericht in einem Zwischenurteil, bezüglich der Forderungen von “RosUkrEnergo” an “Naftohas Ukrajiny”, “Naftohas” verpflichtet, dem Kläger 197 Mio. Dollar zu zahlen.

6Apr/10Off

Arbitration tribunal of SCC ordered USD 197 Million in favor of RosUkrEnergo

The tribunal of the Arbitration Institute of the Stockholm Chamber of Commerce has issued a intermediate decision on RosUkrEnergo's case against National Joint Stock Company “Naftogaz Ukrayiny” for approximately USD 2 million,  www.rbc.ua reports. The court has ordered the Ukrainian state company to return USD 197 million to RosUkrEnergo. RosUkrEnergo alleged, that Naftogaz took 11 billion cubic meters of gas in Ukrainian underground gas storage facilities from RosUkrEnergo.