Enforcement of Foreign Court and Arbitration Awards in Ukraine

By: Alex Frishberg, Scott Brown

Narrated by: Virtual Voice

It seems like everywhere you turn these days, all foreign companies have disputes with their Ukrainian partners, claiming inferior quality, wrong quantity and/or refund of pre-payment. Most of the agreements contain an arbitration provision that requires the parties to submit their disputes for resolution in Kiev, before the international arbitration court at the Ukrainian Chamber of Commerce and Industry. In response to the recent increase in the number of cases involving arbitration in Ukraine, we have prepared the following series of articles that you may find useful: • Arbitration Legislation in Ukraine • The Ukrainian National Court System • Recognition and Enforcement of Foreign Court Awards • Arbitration Options for Foreign Investors • Enforcement of Foreign Arbitration Awards • Possible Defences to Enforcement of Foreign Arbitration Awards • Executive Enforcement Procedure