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Naftogaz victory the latest blow in Russian arbitration series

Media Mention April 23, 2019

Naftogaz victory the latest blow in Russian arbitration series

April 23, 2019, Commercial Dispute Resolution

Commercial Dispute Resolution mentioned Covington as legal counsel to Naftogaz, Ukraine’s state-owned oil and gas company, advising the company in its victory over the Russian government that illegally expropriated the oil company’s assets in Crimea.

 

David Pinsky described it as “an important day” for the oil company, explaining: “Russia targeted Naftogaz’s oil and gas assets in Crimea, and a neutral tribunal has held Russia accountable.”

 

Marney Cheek says, “This award makes clear that Russia is not above the law and it cannot evade responsibility for its actions in Crimea.”

 

Jeremy Wilson, Erin Thomas, Josh Picker, William Lowery, and Alex Gudko’s contributions were highlighted in the article as well.

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