Case Law (#01-02 January-February 2011)

The Alpha Projektholding Award, Ukraine’s First Defeat in ICSID Arbitration

Sergiy Y. Gryshko

On 8 November 2010 a three-member arbitration tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes (ICSID) rendered a first ever final award against the State of Ukraine. This award was issued in Alpha Projektholding GmbH vs. Ukraine (ICSID Case No.ARB/07/16) case (the Alpha award)…

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