International arbitration

Foreign trade operations between Ukrainian and foreign subjects of business activity are sometimes performed with violation of obligations stipulated in foreign economic contracts, legislative norms and common business practice. These circumstances frequently result in disputes of private legal nature in the sphere foreign business activity.

For the settlement private international commercial disputes, the world practice disposes a wide range of legal mechanisms and special bodies the activity of which serves for the mentioned purpose.

As of now, an application for legal protection to an arbitration institution is considered to be the fastest and most efficient way of settling private international commercial disputes.

The rules of arbitration may vary significantly depending on the arbitration institution chosen for private international commercial dispute settlement. Moreover, proceedings may be complicated for one of the parties by choice of law applicable to the legal relationship in accordance with the foreign economic contract, as well as the law regulating the very arbitration proceedings.

Thus, it should be noted that the procedure of recognition and forced execution of the arbitration institution’s decision has proper specifics and peculiarities.

Professionals of our company have experience in handling cases under the rules of ICC, UNCITRAL, SCC, LCIA, ICSID, and ICAC at the UCCI. Ukriniurkoleguia counsels have all required skills and extensive work experience at their disposal to protect our clients from foreign legislation and arbitration pitfalls, renewing their rights and contributing to effective execution of arbitration decisions for our clients’ benefit.