JSC CB PrivatBank v. The Russian Federation

The PCA provides administrative support 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) JSC CB PrivatBank (Private entity )
Name(s) of Respondent(s) The Russian Federation (State)
Names of Parties -
Case number 2015-21
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector International investment law
Procedural rules 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
Arbitrator(s), Conciliator(s), Other Neutral(s)

Prof. Pierre Marie-Dupuy (Presiding Arbitrator)
Sir Daniel Bethlehem KC
Dr. Václav Mikulka

Representatives of the Claimant(s)

Mr. Alex Gerbi

Mr. Epaminontas Triantafilou

Ms. Hafsa Zayyan

Mr. Rupert Goodway

Dr. Odysseas Repousis

Ms. Anna Parfjonova

Mr. Ion Tzifras

Ms. Tetyana Yaremko


(London, United Kingdom)

Mr. Philippe Pinsolle


(Paris, France)


Mr. Oleksiy Didkovskiy

Ms. Oksana Legka

Mr. Dmytro Shemelin

Mr. Oleksandr Frolov


(Kyiv, Ukraine)

Representatives of the Respondent(s)

Mr. Mikhail Vinogradov

Director General

General Department of International Legal Cooperation

Prosecutor General's Office of the Russian Federation

(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 13 April 2015
Date of issue of final award -
Length of Proceedings -
Additional notes -


Procedural Documents
Procedural Order No. 4
Procedural Order No. 5
Procedural Order No. 6
Procedural Order No. 7
Procedural Order No. 8
Procedural Order No. 9
Procedural Order No. 11 without annex
Procedural Order No. 12
Procedural Order No. 13
Procedural Order No. 14
Procedural Order No. 16
Procedural Order No. 17
Procedural Order No. 18
Procedural Order No. 19
Procedural Order No. 20
Procedural Order No. 21
Procedural Order No. 22
Procedural Order No. 23
Procedural Order No. 24
Procedural Order No. 25
Award or other decision
Interim Award
Partial Award
Press Release
Press release dated 30 March 2016
Пресс-релиз от 30 марта 2016 года (неофициальный перевод)
Communiqué de presse du 30 mars 2016
Press release dated 15 August 2016
Communiqué de presse du 15 août 2016
Пресс-релиз от 15 августа 2016 года (неофициальный перевод)
Press release dated 9 March 2017
Communiqué de presse du 9 mars 2017
Пресс-релиз от 9 марта 2017 (неофициальный перевод)
Press Release dated 6 December 2017
Пресс-релиз от 6 декабря 2017 года (неофициальный перевод)
Communiqué de presse du 6 décembre 2017
Press Release dated 15 February 2019
Communiqué de presse du 15 fevrier 2019
Пресс-релиз от 15 февраля 2019 года (неофициальный перевод)
Press Release dated 22 November 2019
Пресс-релиз от 22 ноября 2019 года (неофициальный перевод)
Communiqué de presse du 22 novembre 2019