ICSID arbitration Philip Morris v Ukraine

Sergii Koziakov & Partners jointly with Paris office of Clyde&Co acts for Ukraine in ICSID investment arbitration under USD 40 mln claims of Philip Morris group

Philip Morris group has filed a lawsuit at the International Center for Settlement of Investment Disputes (Washington, DC) for investment arbitration against the government of Ukraine in connection with the decision of the Antimonopoly Committee of Ukraine to fine them UAH 1.2 billion in the case on anticompetitive concerted actions.

The Investor-state dispute was initiated in accordance with the agreements between the United States and Ukraine and between Switzerland and Ukraine on a fair and equitable treatment of their investments in Ukraine and protection from arbitrary and discriminatory actions.

Sergii Koziakov & Partners kawyers in the project are Mykola Podpalov, Andrii Pylypenko and Yurii Prokopenko.