Update on intermediate decisions rendered in the arbitration and litigation proceedings
The Arbitration Institute of the Stockholm Chamber of Commenrce decided that the final arbitration award in the arbitration case JSC Ukrgasvydobuvannya v Misen Enteprises AB and Karpatygaz shall be rendered no later than 31 May 2019. In a previously reported proceeding, commenced by National Anticorruption Bureau of Ukraine upon a criminal complaint submitted by JSC Ukrgasvydobuvannya, Kyiv Economic Court dismissed a claim what regards, among other issues, invalidation of the Amendment No.4 to the JAA No.3 in its entirety. This decision is subject to an appeal before the court of appeal.