International arbitration News, analytics and practice

16Sep/141

Enforcement of Arbitration Awards in Ukraine: Chances are Measured

By , Cai & Lenard

From http://kluwerarbitrationblog.com

Arbitration awards enforcement Ukraine Enforcement of Arbitration Awards in Ukraine: Chances are Measured

Ukraine has a reputation of a country with an imperfect justice system. No wonder that the country is also pictured by many arbitration practitioners as one unfriendly to arbitration, though refusals to grant the leave for enforcement of arbitral awards in Ukraine are relatively rare – 10% and 18% of all requests considered in 2013 and 2014 respectively, according to the Statistical Report “Ukraine. Arbitration-friendly jurisdiction: 2013-2014” prepared by Cai & Lenard.