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CMS Cameron McKenna delivered a presentation during Kiev Arbitration Days 2011
Newsletters from CMS Cameron McKenna, Kyiv, Ukraine
5 January, 2012
Sergiy Gryshko, Senior Associate and coordinator of the disputes resolution practice group in the Kyiv office of CMS Cameron McKenna delivered a presentation on “State-Entities and Veil Piercing: Seek or hide the assets” during recent conference Kiev Arbitration Days organized by Ukrainian Bar Association on 17-18 November 2011 in Radisson BLU Hotel.
During the presentation Sergiy spoke about reasons for enforcement of arbitral awards against foreign States and state entities, the primary being the availability of State-owned assets and restricted sovereign immunity from execution in certain jurisdictions. He also explained different approaches to jurisdiction of an enforcing court to determine who is the genuine award debtor in England, the USA and Canada. In particular, Sergiy described the difference between the Norsk Hydro, Bancec and TMR approaches as well as their effects and implications.
Kyiv Arbitration Days conference was dedicated to problems and prospects of international arbitration in Ukraine and worldwide. The event gathered together many arbitration practitioners from around the globe who shared their views and experience of modern international arbitration system.
About CMS Cameron McKenna in Kyiv: CMS Cameron McKenna opened its doors in Kyiv in September 2007 and was the first UK-headquartered law firm to open in Ukraine. The office comprises of 32 lawyers, including five partners, and represents major international and Ukrainian companies working in various sectors. We are consistently highly ranked by the major international directories such as Chambers Global, IFLR, Legal 500, PLC Which Lawyer? and others. Recently Yurydychna Practyka awarded us (for the third year in a row) Best International Law Firm at their annual Legal Awards 2011 Ceremony.
Notes to Editors:
CMS provides a deep local understanding of legal, tax and business issues and delivers client-focused services through a joint strategy executed locally across 29 jurisdictions with 54 offices in Western and Central Europe and beyond.
The CMS nine member firms are: CMS Adonnino Ascoli & Cavasola Scamoni (Italy); CMS Albiсana & Suбrez de Lezo (Spain); CMS Bureau Francis Lefebvre (France); CMS Cameron McKenna LLP (UK); CMS DeBacker (Belgium); CMS Derks Star Busmann (Netherlands); CMS von Erlach Henrici Ltd. (Switzerland); CMS Hasche Sigle (Germany); and CMS Reich-Rohrwig Hainz (Austria).
