Remington Worldwide Ltd. v. Ukraine, SCC

>Claimant : Remington Worldwide Ltd
>Nationality : UK (Gibraltar)
>Respondent : Ukraine
>Procedural rules applied : SCC
>Chair : Gabriele Crespi Reghizzi
>Arbitrator appointed by Claimant : Alexander Komarov
>Arbitrator appointed by Respondent : Evgeny Kubko
>Invoked instruments : ECT
>Articles mentioned : Article 10 (12)
, Article 10 (1)
>Breaches alleged :
- (10.1) Stable, equitable, favourable and transparent conditions
> Breaches alleged :
- (10.12) Effective means for the assertion of claims and the enforcement of rights
>Breaches found :(10.1) Stable, equitable, favourable and transparent conditions
>Case status : Award rendered
>Year of the award or agreement : 2011
>Follow-on proceedings : Award upheld by national court
>Year of registration : 2008

>Subject matter of the dispute: Alleged non-enforcement in Ukraine of a judgment rendered by the Russian courts in favour of Remington regarding unpaid debts owed under a sales contract by the Ukrainian state enterprise “Energoatom”
>Amount claimed: USD 35,923,997.16
>Amount awarded: USD 4,493,464.97
>Costs of arbitration: N/A
>Award legal costs: N/A
>Award costs of arbitration: N/A

ENFORCEMENT PROCEEDINGS

26 April 2012 - Enforcement Decision by the Pechersky District Court of Kyiv