In December, Motor Sich stakeholders launched international arbitration against the government of Ukraine for $3.6 billion in compensation

Friday, March 12, 2021
In December, Motor Sich stakeholders launched international arbitration against the government of Ukraine for $3.6 billion in compensation

In December, Motor Sich stakeholders launched international arbitration against the government of Ukraine for $3.6 billion in compensation, arguing officials expropriated investments and violated the “intergovernmental agreement on the encouragement and mutual protection of investments between Ukraine and China” signed by Kyiv and Beijing in October 1992. The plaintiffs are represented by law firms WilmerHale, DLA Piper, and Bird & Bird.

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