HomeEconomyThe court confirmed Ukraine's...

The court confirmed Ukraine’s success in the case of UkrnaFTA suits

Photo: Minust Ukrainian

The Court of Appeal in Stockholm agreed with the argument that plaintiffs did not make an actual contribution to UKRNAFTA’s authorized capital.

Court of Appeal in Stockholm confirmed Ukraine’s success in case of arbitration in claim to sue UKRNAFTA. This was reported by the Ministry of Justice on its Facebook page.

“On January 31, 2025, the SVEA Appeal Court (Stockholm) refused to satisfy the statements of Littop Enterpriseslimited, Bordo Management Limited and Bridgemontvers Limited about the arbitration of the arbitration tribunal in case the Littop Enterprises case, Bordo Management, Bordo Management case Management limited and bridgemont ventureslimited V 2015/092), adopted on February 4, 2021 in favor of Ukraine.

The Cyprus Littop Littop Companies Limited, Bordo Management Limited and Bridgemont Ventures Limited, with a total of 40.100% of PJSC sharing UKRNAFTAIn 2015, the manufacture of arbitration against Ukraine was initiated, demanding compensation for more than six billion US dollars with interest.

Claims of the plaintiffs are based on several basic aspects:

  • Selection of NAC’s gas Naftogaz of Ukraine From gas storages UKRNAFTA at low prices or no charge for population needs;

  • failure to fulfill the decisions of Ukrainian courts to restore selected gas; Increasing rate of rent fee for subsoil use;

  • Legislative changes to reduce the quorum to conduct a general meeting of joint companies of joint.

The court concludes Ukraine’s main argument that plaintiffs have not made an actual contribution to the PJSC authorized capital UKRNAFTAAnd therefore, they did not invested in accordance with the contract with the energy charter and did not have the right to file an arbitration claim.

By decision of the court, the plaintiffs are obliged to pay Ukraine:

  • Costs for arbitration production – 18 927 177.62 US dollars, as well as interest in accordance with Article 6 of the Swedish Law of Interest from February 4, 2021 to the time of payment;

  • Legal costs (for jurisdiction proceedings) – 2,669,131 US dollars, as well as interest in accordance with Article 6 of Swedish Law, beginning January 31, 2025 to the moment of payment;

  • Court costs in case (for litigation for legal costs): 549,674 US dollars and 2,800 Swedish croes with interest in accordance with Article 6 of Sweden interest from January 31, 2025 to payment.

Concern, according to the results of the activities in 2023, OJSC UKRNAFTA Received a net income of 23.6 billion UAH.

UKRNAFTA increased annual gas and oil production

New Vid CORRESPONDENT.NET On the telegram that whatsapp. PIDS Insialle Our Channel https://t.me/KorresPondentNet Ta WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The DPRK was promised by the “unclear” Poddjakke of Russia in the war against Ukraine

Russian military criminal, secretary of the Russian Council Sergey Shayga, visited Phogyan, where he met with Kim Jong. He promised him that the DPRK would support Russia, in particular, in the war against Ukraine. The parties discussed a joint operation in the Kursk...

In Pryluky, RF Postal House -Topl in the leader of the leader

In Pryluky, a hostile drone hit the house of the head of the local fire department. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } His family was killed: his wife,...

Russians were pushed to Constant and could be shot by a garden from artillery

The Russians have advanced towards Konstantinovka and are already shooting from artillery Ukrainian positions near the city. This is indicated in the report of the Institute of Military Research (ISW). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

RF terrorist at night was beaten by Shahmed on Priluki and Kharkov, many deaths (photo, video)

Five people were killed from the Russian attack with drones in Priluki in the inkworm. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Among the dead is two women and...