(1) Limited Liability Company Lugzor, (2) Limited Liability Company Libset, (3) Limited Liability Company Ukrinterinvest, (4) Public Joint Stock Company DniproAzot, (5) Limited Liability Company Aberon Ltd v. The Russian Federation

The PCA acts as registry in this arbitration, which is being conducted under the UNCITRAL Arbitration Rules 1976 pursuant to the Agreement between the Government of the Russian Federation and the Cabinet of Ministers of Ukraine on the Encouragement and Mutual Protection of Investments dated 27 November 1998.

Case information

Name(s) of Claimant(s) Limited Liability Company Lugzor (Private entity )
Limited Liability Company Libset (Private entity )
Limited Liability Company Ukrinterinvest (Private entity )
Public Joint Stock Company DniproAzot (Private entity )
Limited Liability Company Aberon Ltd (Private entity )
Name(s) of Respondent(s) The Russian Federation (State)
Names of Parties -
Case number 2015-29
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector Real estate
Rules used in arbitral proceedings UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced

[Bilateral treaty]
Agreement between the Government of the Russian Federation and the Cabinet of Ministers of Ukraine on the Encouragement and Mutual Protection of Investments, dated 27 November 1998
Country A: Russian Federation
Country B: Ukraine

Language of Proceeding English
Seat of Arbitration (by Country) Netherlands

Professor Donald M. McRae (Presiding Arbitrator)

Judge Bruno Simma

Dr. Eduardo Zuleta Jaramillo

Representatives of the Claimant(s)

Ms. Alexandra Underwood

Ms. Tracey Wright

Fieldfisher LLP

(London, United Kingdom)


Mr. Jim Sharkey 

Fieldfisher LLP

(Birmingham, United Kingdom)


Professor Zachary Douglas QC

Mr. Luis González García

Matrix Chambers

(London, United Kingdom)


Mr. Richard Boulton QC

Ms. Rachel Oakeshott

One Essex Court

(London, United Kingdom)

Representatives of the Respondent(s)

Mr. Mikhail Vinogradov
Prosecutor General’s Office
(Moscow, Russian Federation)


Mr. Andrey Kondakov
Mr. Sergey Morozov
Mr. Konstantin Ksenofontov
International Centre for Legal Protection
(Moscow, Russian Federation)

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 26 May 2015
Date of issue of final award -
Length of Proceedings Pending
Additional notes -


Press Release
Press Release dated 13 December 2017
Пресс-релиз от 13 декабря 2017 года (неофициальный перевод)
Press Release dated 28 November 2019
Пресс-релиз от 28 ноября 2019 года (неофициальный перевод)