Transparency and International Arbitration
Commercial international arbitration is a popular alternative dispute resolution method for resolving commercial disputes across borders. One of the fundamental principles of international arbitration is transparency, which refers to the openness of the arbitration process. Transparency is essential for ensuring the integrity of the arbitral process and increasing public confidence in international arbitration. The […]
Oleksiy Chernyshov: Court in The Hague ordered russia to pay $5bn in compensation for losses and lost property of Naftogaz in Crimea
Russia must pay Naftogaz USD 5 billion for losses caused by the seizure of Naftogaz Group’s assets in the Autonomous Republic of Crimea in 2014, according to a ruling by The Hague’s Arbitration Tribunal at the Permanent Court of Arbitration on April 12, 2023. Read more