Integrites, working with Hughes Hubbard & Reed, has successfully represented Ukrenergo in an investment treaty arbitration against Russia.
Ukrenergo is a Ukrainian transmission system operator.
According to Integrites, "on August 5, 2024, the arbitral tribunal upheld jurisdiction over Ukrenergo’s EUR 527 million claim relating to the expropriation of its Crimean assets. Ukrenergo commenced arbitration under the Ukraine–Russia Bilateral Investment Treaty in 2019. Among others, it seeks compensation for Ukrenergo’s electricity grid seized by Russia after the purported annexation of Crimea in 2014."
The Integrites team included Partners Serhii Uvarov and Dmytro Marchukov and Associate Iryna Ivanova.
