INTEGRITES won a $190 mln ICAC arbitration News/Projects
All news

INTEGRITES successfully represented interests of the Ukrainian state enterprise “Ukrkhimtransamiak”, one of the world major operators of ammonia pipeline, in arbitral proceedings against a Russian chemical giant Togliattiazot with over USD 190 mln at stake.

This case stemming from the long-term contract for ammonia transit through the territory of Ukraine was referred to arbitration under the Rules of the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (ICAC) in 2017. INTEGRITES’ client initiated these arbitral proceedings, while Togliattiazot filed several cross-claims. Both parties sought revision of the contractual tariff for ammonia transit through the Ukrainian part of the pipeline “Togliatti – Odessa”.

The negative outcome of the dispute could have affected the global ammonia market, because the ammonia pipeline has no market equivalent and remains the major means of transportation of ammonia produced and exported by Togliattiazot (i.e. about 11% of global ammonia exports).

INTEGRITES secured an unprecedented award revising the transit tariff sought by its client. They also helped the client defeat all cross-claims with economic effect exceeding USD 180 mln.

Supervised by partner and Head of International Arbitration Olena Perepelynska, the project team included senior associate Krystyna Khripkova and associate Anastasiia Iliashenko. Throughout the proceeding INTEGRITES team worked closely with the legal department and administration of “Ukrkhimtransamiak”.

“The case proved to be challenging and requiring analysis and application of not only the Civil and Commercial Codes of Ukraine, but of many provisions of the Tax Code of Ukraine, CIS customs convention, Ukraine-EU Association Agreement, The General Agreement on Tariffs and Trade (GATT), Vienna Convention on the Law of Treaties and many other Ukrainian laws and international treaties. Both the nature and complexity of the case make it unique among those considered by the ICAC”, – INTEGRITES partner Olena Perepelynska commented.

Эта запись также доступна на: Russian, Ukrainian

Latest news
INTEGRITES announces admission to i-Talents 2021 – practical course for law students
INTEGRITES announces admission to the fourth annual i-Talents course. It will take place on September 9-11, 2021 as an intellectual battle: teams will compete for the first client in real time. This year INTEGRITES introduces a new element to the…

Эта запись также доступна на: Russian, Ukrainian

More details
ULF 2021: INTEGRITES improves positions with 5 top-ranked departments and 3 top-ranked individuals
According to the Ukrainian Law Firms 2021. A Handbook for Foreign Clients*, INTEGRITES is top-ranked in 5 key practices – Banking & Finance, Debt Restructuring, Corporate and M&A, Energy & Natural Resources, International…

Эта запись также доступна на: Russian, Ukrainian

More details
INTEGRITES is among the world’s top law firms in arbitration according to GAR100 in 2021
GAR100* in 2021 recognizes INTEGRITES as one of the world’s top international arbitration law firms for the second year in a row. The ranking lists 191 firms from over 50 countries. The ranking mentions successful representation of Ukrainian…

Эта запись также доступна на: Russian, Ukrainian

More details
See all
Subscribe to the newsletter