Contents tagged with lawsuit

  • Ukraine may sue Gazprom for up to $50 billion

    Ukraine can be awarded approximately 50 billion dollars from the Russian gas company, Gazprom, in the Stockholm arbitration, as was stated during an interview with Andriy Kobolyev, the Chief Executive Officer of Ukrainian state energy company Naftogaz, on TV Channel 5, Ukrinform reports.

    "In September of this year we will have a final hearing of the case on the gas purchase and sale contract in Stockholm. After that, within six months of the completion of all procedures, we will have a …

  • Claim of Naftogaz and Gazprom in Stockholm exceeds $65 billion

    The next court hearing is scheduled in autumn.

    The total amount of the claim between the National Joint-Stock Company, Naftogaz of Ukraine, and the Public Joint Stock Company, Gazprom in the Stockholm Arbitrage Court has exceeded 65 billion dollars, as Naftogaz reports on its Facebook page.

    According to the statement, the amount of Naftogaz’s claim on the contracts for the purchase, sale and transit of natural gas amounts to more than 26.6 billion dollars.

    In turn, the amount of the …

  • Ukraine's Antonov wins $2.9 million suit against Russian aviation plant

    As reported by the press-service of law firm Ilyashev & Partners, which represents the interests of the company in court, the Antonov State Company won a suit against Russian company Aviakor Aviation Plant for $2.9 million.

    “Pursuant to the court judgment of July 4, 2016, the claims of the State Enterprise Antonov for more than USD 2.9 million were satisfied and shall be recovered in favor of our client,” the statement read.

    The subject of the dispute was the payment of royalties for use of …

  • Kiev asserts that the seizure of Russian property abroad is possible after court ruling

    The First Deputy Minister of Justice of Ukraine, Natalia Sevostyanova, stated that the seizure of Russia’s property abroad may become one outcome of Ukraine’s lawsuit against Russia in the European Court of Human Rights (ECHR). The law suite was submitted as a result of the events in Crimea and the Donbas in 2014.

    “The Court can’t issue a decision, for example, to return Crimea to Ukraine. But it can determine that the rights of citizens and the property rights of the State [Ukraine] were …

  • Ukrainian Finance Minister: Russia's debt recovery lawsuit could take up to two years

    According to the Ukrainian Minister of Finance, Alexander Danyluk, proceedings in the debt recovery lawsuit between Russia and Ukraine may continue for up to two years. The case involves $3 billion worth of financial assistance provided to Ukraine while the country was being led by former president, Viktor Yanukovych. Danyluk made these statements during an interview with 24 Channel on the 1st of June.

    Danyluk says that “developments may vary. It may take up to two years for the process to …

  • US attorney wants to sue Putin for downing of MH17

    Jerry Skinner, a US attorney, hopes to lay out a case against Russian President Vladimir Putin with the European Court of Human Rights. He wants to sue Putin for $330 million in compensation for relatives of the victims of the MH17 disaster. He wants Putin to be held accountable for shooting down the Malaysia Airlines plane while it was flying over the Donbas region in July 2014.

    According to Reuters, Skinner, through the Australian LHD law firm, represents the relatives of the victims. …

  • The Kremlin says it is unaware of the lawsuit against Russia over MH17 crash

    The Kremlin appears to still be unaware of the fact that relatives of some passengers of the Boeing-777 that crashed over the Donbas filed a lawsuit against Russia and its President, Vladimir Putin with the European Court of Human Rights. Dmitry Peskov, the Press Secretary for the President of Russia told Interfax that he has no information on this lawsuit yet.

    On July 17, 2014, Malaysian Airlines flight MH17 from Amsterdam to Kuala Lumpur was shot down over the Donbas. All 298 people on board …

  • Poroshenko issues appeal to world community over the ban of the Crimean Tatar Mejlis

    The President of Ukraine, Petro Poroshenko, addressed the international community in connection with the decision of the Prosecutor General of the Republic of Crimea, Natalia Poklonskaya, who was appointed by the Kremlin, on the suspension of the activity of the Mejlis of the Crimean Tatar People. The head of the State wrote on his Facebook page that the timely de-occupation of the Crimean peninsula is the only way to stop this anarchy, Krym.Realii reported.

    “I appeal to the international …

  • Criminal proceedings initiated against Duma Deputy for criticizing Putin

    The Investigation Committee of Russia has initiated its second case against the Deputy of the Kursk Regional Duma, Olga Lee, for bringing accusations against Russian President Vladimir Putin and criticizing his actions. According to the Investigation Committee’s website, the case was filed under part 1 of article 282, “Inciting hatred or enmity.”According to the investigation, Lee posted her remarks on her Vkontakte social network page and published videos of her performances on the web that, …

  • Naftogaz to expand its claims against Gazprom

    As of the first quarter of 2016, NJSC Naftogaz of Ukraine will increase its claims against Gazprom up to $1 billion under the gas transit contract, as reported by Business Development Director, Yury Vitrenko, on his Facebook page. “We will receive nearly $1 billion from Gazprom for the first quarter of 2016 for underpayment of gas transit costs,” he said.

    According to Vitrenko, the claims under the gas purchase contract will be also expanded.

    “Both parties will expand their claims before the …