Archive for July, 2016

Arbitration in Lithuania – Practitioner’s Report

Arbitration in Lithuania – Practitioner’s Report

International arbitration practitioner Rimantas Daujotas from “Motieka & Audzevicius” PLP in Vilnius has published the first comprehensive report on arbitration in Lithuania in English. Here, the author comments on the new publication and trends in the Lithuanian arbitration market. Lithuania’s arbitration potential  The Lithuanian economy is on the rise and Vilnius has the potential of becoming […]

Interim Relief Against the Host State: Analysis of Emergency Awards against Moldova

Interim Relief Against the Host State: Analysis of Emergency Awards against Moldova

Applications for interim relief have become a frequently used procedural tool among foreign investors arbitrating against CIS states. Emergency arbitration proceedings under the Stockholm Chamber of Commerce (SCC) Arbitration Rules are particularly in demand: at least four applications for interim reliefs against CIS states have been filed since 2014 (TSIKInvest v Republic of Moldova; JKX Oil & […]

Форум по разрешению споров в странах Восточной Европы (EEDRF) пройдет в Минске

Форум по разрешению споров в странах Восточной Европы (EEDRF) пройдет в Минске

(English text see below) Форум по разрешению споров в странах Восточной Европы (EEDRF) – это первый и самый крупный практический Форум, объединяющий различные юрисдикции и проводимый в Беларуси. Целью Форума является обсуждение наиболее актуальных тенденций и практики, которые формируются в настоящее время в сфере разрешения споров в странах СНГ и Восточной Европы. В рамках Форума […]

Kompozit LLC v Republic of Moldova (SCC Emergency Arbitration)

Kompozit LLC v Republic of Moldova (SCC Emergency Arbitration)

In June 2016 Kompozit LLC, a Russian shareholder of JSC Moldova Agroindbank (MAIB)  applied for interim relief from SCC Emergency Arbitrator Mr. José Rosell. The dispute arose out of the actions by the National Bank of Moldova impairing the Claimant’s shareholding in MAIB: finding that Claimant failed to receive its approval of obtaining substantive shareholding, subsequent suspension of its shareholding […]

Evrobalt LLC v. Republic of Moldova (SCC Emergency Arbitration)

Evrobalt LLC v. Republic of Moldova (SCC Emergency Arbitration)

In May 2016 Evrobalt LLC, a Russian shareholder of JSC Moldova Agroindbank (MAIB) applied for interim relief from SCC Emergency Arbitrator Mr. Georgios Petrochilos. The dispute arose out of the actions by the National Bank of Moldova impairing the Claimant’s shareholding in MAIB: finding that Claimant failed to receive its approval of obtaining substantive shareholding, subsequent suspension of its […]

Recent Investment Arbitration Cases involving CIS States

Recent Investment Arbitration Cases involving CIS States

While the spotlight of the CIS arbitration community is currently focused on investment disputes between Ukrainian claimants and the Russian Federation, moving to jurisdictional phase in mid-July 2016, other CIS states have also provided some noteworthy developments. This post highlights general trends identified in CIS-related Investor-State Dispute Settlement (“ISDS“) since 2015, and addresses certain cases that […]