Chinese investors of Motor Sich filed for Ukraine in international arbitration

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Chinese investors of Motor Sich filed for Ukraine in international arbitration

Chinese investors of the Ukrainian Motor Sich applied to international arbitration to recover USD 3,5 billion from Ukraine. This was reported by the press service of the DCH group.

The interests of the plaintiffs will be represented by three international law firms that have established themselves as one of the most reputable in the world. These are WilmerHale, DLA Piper and Bird & Bird. Arzinger was involved as consultants on Ukrainian legislation.



On December 2020, XNUMX, the Chinese investors of Motor Sich PJSC sent the Ukrainian government an appeal to international arbitration against Ukraine in accordance with the agreement between the government of Ukraine and the government of the PRC on the support and mutual protection of investments

- said in a statement.

In November 2020, the Antimonopoly Committee of Ukraine (AMCU) for the third time without consideration returned the application of the DCH group (Development Construction Holding) and the Chinese investor Motor Sich PJSC Skyrizon for obtaining approval for the concentration of a controlling stake.

Last year, Motor Sich announced its intention to sell half of the company's shares to the Chinese, but the Ukrainian authorities demanded to stop the deal and freeze the company's accounts. The United States also expressed dissatisfaction with the deal. Apparently, everything happened with the American filing.

De facto, the controlling stake in Motor Sich already belongs to China, but the Ukrainian authorities have seized it, preventing the Chinese from concentrating the entire stake in one hand.
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    1. +40
      7 December 2020 16: 49
      Good luck to the Chinese: throwing must be punished
      1. +4
        7 December 2020 17: 08
        They will squeeze. There is something to reap.
        At the end of 2012, Ukraine and China signed two large-scale loan agreements: on financing projects in the Ukrainian agricultural sector worth $ 3 billion, as well as projects in the energy sector of Ukraine worth almost $ 3,7 billion. In mid-2013, the Export-Import Bank of China opened financing of the National Project "Air Express". The total loan amount was $ 372 million.

        The Independent has not paid off these loans yet.
        At the end of 2019, China became Ukraine's largest trading partner, displacing Russia. The State Statistics Service estimates exports to China at $ 3,59 billion, imports from China at $ 9,19 billion. The share of China in Ukrainian exports was 7,2%, and in imports - 15,1%. Over the past year, exports to China grew by 63,3%, and imports from there - by almost 21%.

        There is room for maneuver ...
        1. +4
          7 December 2020 18: 52
          Quote: Doccor18
          There is room for maneuver ...

          This is not room for maneuver, it means that any refusal on the part of China will put the country on the brink of bankruptcy, and China will receive Motor Sich, already for debts
          1. +3
            7 December 2020 19: 05
            China will receive Motor Sich, already for debts

            China has already bought Motor Sich, and for the debts it will take away energy facilities, port infrastructure and the last Ukrainian wealth - black earth ...
            1. +4
              7 December 2020 20: 01
              Quote: Doccor18
              China has already bought Motor Sich, and for the debts it will take away energy facilities, port infrastructure and the last Ukrainian wealth - black earth ...

              He would take a lot of things, but who will give him ... all the assets of Ukraine have already been divided ...
            2. +8
              7 December 2020 20: 31
              Quote: Doccor18
              China will receive Motor Sich, already for debts

              China has already bought Motor Sich, and for the debts it will take away energy facilities, port infrastructure and the last Ukrainian wealth - black earth ...

              Will not take anything yet.
              The Sumerians will mock to sting to Uncle Sam, lick the dry heels of a mummy named Biden.
              He will say: do not give.
              And they will broadcast to everyone: tse we told Biden ... the owner ...
            3. DAQ
              +1
              7 December 2020 20: 53
              China has already bought Motor Sich, and for the debts it will take energy facilities, port infrastructure and the last Ukrainian wealth - black earth

              This has never happened because of debt.

              There is a saying: if you owe the bank $ 100.000, then these are your problems. If you owe the bank $ 100.000.000 this is the bank's problem.

              For debts in modern history, no one has taken away land or property from any country.
              The Greeks won't let them lie. They collected even more debt from the IMF, the ECB and the Eurogroup. And they were given money, if only they did not default.

              There is such a term: default. This does not mean debt relief. This is a deferral of debt repayment. Often unilaterally, without negotiations. Sometimes they stupidly refuse to pay if there is no money.

              If the company cannot pay off the debts, bankruptcy proceedings begin. It is different everywhere. But in any country there may be restrictions on the leakage of technology, especially the military.

              Not everything is clear in this story.
              1. +4
                7 December 2020 22: 18
                Quote: Nasdaq
                There is such a term: default. This does not mean debt relief. This is a deferral of debt repayment. Often unilaterally, without negotiations. Sometimes they stupidly refuse to pay if there is no money.
                If the company cannot pay off the debts, bankruptcy proceedings begin. It is different everywhere. Not everything is clear in this story.
                The fact of the matter is that not everything is so simple. The default makes the country toxic for any investor, and this means the suspension of investment and lending, as well as the winding down of business and the departure of the investor along with the capital. Lack of money does not mean that the creditor will agree to restructure the debt and may well turn into the fact that the property of Ukraine will be sold under the hammer to pay off the debt and accrued interest. Stupidly refusing to pay will not work.
                Quote: Nasdaq
                But in any country restrictions may be placed on technology leakage, especially the military.

                So in the country, that is, the state, for which it must have sovereignty. Ukraine is no longer such and is a colony under external control, with Gauleiter Zelensky at the head, who replaced the same Gauleiter Poroshenko, acting as the chairman (not president) of the liquidation commission, which is entrusted with the function of dismantling the Ukrainian statehood.
                1. DAQ
                  +3
                  7 December 2020 22: 51
                  But any country can impose restrictions on technology leakage, especially military

                  So it is in the country, that is to say, the state, for which it must have sovereignty. Ukraine is no longer such and is a colony under external control, with Gauleiter Zelensky at the head, who replaced the same Gauleiter Poroshenko, acting as the chairman (not president) of the liquidation commission, which is entrusted with the function of dismantling the Ukrainian statehood.

                  The United States will guard the intellectual property of the USSR laughing They will stand up for Motor Sich as a mountain, they do not want to give technology to the Chinese.
          2. 0
            8 December 2020 03: 45
            There is such a formula: "To everyone I owe, I forgive." The Chinese will have to wipe themselves off with this formula, because there is no real means of pressure, such as Ukrainian property in China or at least in third countries, on which to lay a paw, from the word AT ALL. And arbitration with its decisions will easily be sent on an intimate pedestrian journey.
            1. -1
              8 December 2020 14: 55
              I worked with the Chinese ... Very difficult in cooperation. But if you have or had experience working with them and it is profitable for them, you can count on the most generous investments. But if they didn’t work out with you ... And I’m not talking about kidalovo , then just forget about this country ... They say, "Moscow is a small city", and so China is also small. Although, such things are the norm for the current Galitsai villagers. Eh, what have the farmers done to such a country ...
          3. 0
            8 December 2020 10: 35
            Quote: APASUS
            China will receive Motor Sich, already for debts
            Remains of the MS. But in fact, China will receive the rest of the MC, not for debt, but for persistence.
            Stupidly drag the maximum number of people to their territories and that's it!
        2. +3
          7 December 2020 18: 57
          We left, China began to invest billions in Ukraine. So that Ukraine does not jump off, he built a grain terminal, has farmland but wants more, invests in energy and communications. The funniest thing is looking for gas, will find it will sell ukram gas at its own prices. So China has gone well.
          1. +4
            7 December 2020 19: 08
            So China has gone well.

            And Ukrainian political puppets will not be able to wriggle out.
            1. +3
              7 December 2020 19: 32
              It won't work, half of delicious Africa is so close to China, I will not be surprised at the next elections, the candidate "Ukrainian and Chinese are brothers forever!"
        3. +8
          7 December 2020 19: 10
          Quote: Doccor18
          The Independent has not paid off these loans yet.

          In the field of non-repayment of loans, Ukraine can give a master class. hi
          1. 0
            7 December 2020 19: 39
            Unfortunately, for now, only to us. China is able to pick up the key, while only they have a minus with SICH. The same English and Swedish courts will hand over Ukraine with giblets. And China with the world trillions of turnover, squeeze money. They will take in kind, i.e. land.
          2. 0
            7 December 2020 19: 48
            Quote: DymOk_v_dYmke
            Quote: Doccor18
            The Independent has not paid off these loans yet.

            In the field of non-repayment of loans, Ukraine can give a master class. hi

            The "master" cannot cope with this task ...
            1. 0
              7 December 2020 22: 52
              Quote: FIR FIR
              The "master" cannot cope with this task ...

              The striped mentor will help. hi
        4. BAI
          0
          7 December 2020 21: 08
          2012, 2013. Ukraine already has a tested preparation - this is a bribe to Yanukovych. It is necessary to watch since 2014.
      2. +4
        7 December 2020 17: 22
        Quote: Olgovich
        Good luck to the Chinese: throwing must be punished

        Precisely "Not everything for the cat is Shrovetide."
        1. BAI
          +1
          7 December 2020 21: 09
          it will be more accurate - Not all cattle are Shrovetide.
      3. +3
        7 December 2020 20: 10
        Quote: Olgovich
        Good luck to the Chinese: throwing must be punished

        I agree. And borscht RUSSIAN tongue
        1. +1
          8 December 2020 15: 56
          Quote: svp67
          And borscht RUSSIAN

          Russian borsch, and the rest - Romanian hominy.
          1. +1
            8 December 2020 17: 15
            Quote: tihonmarine
            the rest of the Romanian hominy.

            And this is at best wink
    2. +7
      7 December 2020 16: 51
      The Chinese may, of course, win the courts, but they will wait for money from Ukraine, like Russia, a previously issued loan.
      And when the country disintegrates, they won't get anything at all.
      Who will pay the debts for Ukraine is an open question and I would not want it to be Russia.
      1. -4
        7 December 2020 16: 59
        Well, they will not take the land with money, and if they win, then the mriya with all those of their dejuro and de facto will be.
        1. 0
          7 December 2020 17: 47
          Already. Mriya is in China, documentation is in the same place, hard workers are in the same place.
          1. -2
            7 December 2020 18: 52
            This is so-but the Antonov brand and the license is apparently still in the homeland of Adam and Eve. Perhaps because of this grater. Usually, China does not pull rubber with a copier, at least it uses separate techs one to one, well, adjusted for its materials (stick rice and kaku binder)
            1. +1
              7 December 2020 19: 27
              Quote: evgen1221
              brand Antonov and license apparently still in the homeland of Adam and Eve

              As practice shows, the Chinese wanted to spit on different "brands", "schmens" and the rest of the patent law taken together. lol .
          2. -1
            7 December 2020 20: 09
            Quote: Cowbra
            Mriya in China

            please provide FLightradar data
            although no
            Non-displayed aircraft types on the "Flytradar" map (without ADS-B sensors)
            - An-225 "Mriya";

            the last flight as far as I can see.
            GML
            GOSTOMEL, UKRAINE
            MONDAY 3 AUG 2020
            20:48 PM EDT
            (Scheduled)
            MONDAY 3 AUG 2020
            23:48 PM EEST
            I haven’t left Gostomel yet.
      2. 0
        7 December 2020 18: 59
        These will be squeezed out, they have seriously entered Ukraine. African option: no money, we will take land and will not blather!
      3. +1
        7 December 2020 19: 15
        Quote: credo
        The Chinese may, of course, win the courts, but they will wait for money from Ukraine, like Russia, a previously issued loan.
        And when the country disintegrates, they won't get anything at all.

        It is not clear why they need to consolidate blocks of shares, if so
        De facto, the controlling stake in Motor Sich already belongs to China, but the Ukrainian authorities have seized it, preventing the Chinese from concentrating the entire stake in one hand.
    3. 0
      7 December 2020 16: 57
      Rather, the Chinese need to send a wagon of money to a lobbyist in the US Senate and decide on a quiet issue there. Because arbitration in spite of any arguments and bribes will do what the regional committee orders, plus the Ukrainians turned any laws as they wanted. However, the Chinese can economically scare off a lot if anyone is really an artist. In general, this is their showdown in the manner of ours with the Boeing will be.
    4. +3
      7 December 2020 16: 59
      We owe us another 5 billion dollars. We'll pick it up anyway.
      1. +19
        9 December 2020 21: 09
        Quote: Fungus
        We will pick it up anyway.

        Just one question: HOW?
    5. +5
      7 December 2020 17: 00
      I wonder if the Chinese will get money from non-brothers? Or they will throw them like everyone else .......
      1. -3
        7 December 2020 19: 00
        The Chinese will not be thrown in Ukraine.
      2. +19
        9 December 2020 21: 08
        I would pose a question a little differently. If China wins arbitration against Ukraine, how will the Kiev rulers pay with China?
    6. +2
      7 December 2020 17: 05
      Well, hold on to the Papuans!)
    7. +8
      7 December 2020 17: 19
      it's time for the Ukrainian government to remember that China is communist ...
      1. +6
        7 December 2020 17: 55
        and declare him sanctions?
        1. +2
          7 December 2020 19: 41
          in Kiev it is called decommunization)
          1. +20
            9 December 2020 21: 06
            Quote: TAMBU
            in Kiev it is called decommunization)

            They will tear their navel in the process of de-communization of China)))
    8. +4
      7 December 2020 17: 20
      There is a reason to raise utility rates ...
    9. +1
      7 December 2020 17: 22
      Let's see how things go. And we have SCIENCE! And VVP so believes in all noble and honest incorruptible courts ... From Niedergland, Nemetchina to the Castle on the hill ... It's time to understand, xy from xy.
    10. +5
      7 December 2020 17: 25
      Let the Natsiks now ride, burn the Chinese flags, it will be interesting to see all this. wassat
      1. 0
        8 December 2020 18: 35
        Quote: Klingon
        let the naziks ride now,

        Yes, they "jump" on any occasion and yell "peremoga". This disease is called "Leaping Frenchman" syndrome, the main symptom of this disease is a strong fear at the origin of something unexpected. At the same time, a person susceptible to this disease jumps up, starts screaming, waves his arms, stumbles, falls, starts rolling on the floor, and cannot calm down for a long time.
      2. +18
        9 December 2020 21: 04
        Everything will be trite with them. We will not see anything new in their races ...
    11. +4
      7 December 2020 17: 42
      Apart from old skipping ropes, you can hardly take anything from them.
    12. -1
      7 December 2020 17: 46
      The last "kidok" of the Chinese ended with the fact that they had to give as compensation to the State Grain Company + Antonov's entire documentation. Well, they signed a grain contract during the Yanyka period. They took the money, and the new Vlad decided - they would be interrupted and so. Did not interrupt what
      What will you give now? The Chinese won't take the half-burnt tires and dried cookies from Mandan ...
      1. -2
        8 December 2020 05: 21
        Quote: Cowbra
        What will you give now? The Chinese won't take the half-burnt tires and dried cookies from Mandan ...

        There is such a formula: "To everyone I owe, I forgive."
    13. +2
      7 December 2020 17: 55
      China can put pressure on Ukraine by recognizing Crimea and Donbass, and there the recognition will fly like an avalanche and there is no Ukraine. Well, after these "Svydomykh dances" who will invest in Ukraine.
      1. +2
        7 December 2020 18: 29
        Apparently, everything happened with the American filing.

        Not visible, but real. Today in Europe there is no state lying lower than the Anglo-Saxon plinth than Ukraine.
      2. BAI
        +1
        7 December 2020 21: 12
        recognition of Crimea and Donbass

        Absolutely impossible.
    14. +1
      7 December 2020 18: 31
      So arbitration of this scale is not done in less than 10 years
    15. -3
      7 December 2020 19: 15
      Quote: Cowbra
      The last "kidok" of the Chinese ended with the fact that they had to give as compensation to the State Grain Company + Antonov's entire documentation. Well, they signed a grain contract during the Yanyka period. They took the money, and the new Vlad decided - they would be interrupted and so. Did not interrupt what
      What will you give now? The Chinese won't take the half-burnt tires and dried cookies from Mandan ...

      ports ...
      1. 0
        8 December 2020 05: 23
        Quote: Vlad Pervovich
        Quote: Cowbra
        The last "kidok" of the Chinese ended with the fact that they had to give as compensation to the State Grain Company + Antonov's entire documentation. Well, they signed a grain contract during the Yanyka period. They took the money, and the new Vlad decided - they would be interrupted and so. Did not interrupt what
        What will you give now? The Chinese won't take the half-burnt tires and dried cookies from Mandan ...

        ports ...

        Who needs Ukrainian trousers?
    16. 0
      7 December 2020 20: 02
      Quote: Doccor18
      So China has gone well.

      And Ukrainian political puppets will not be able to wriggle out.

      But here they can guess the mattress covers for the Chinese, and the Ukrainians know about it, so they behave this way freely.
    17. 0
      7 December 2020 20: 39
      Oh, dupy svidomitov crackle-Celestial vaseline does not use.
    18. +1
      8 December 2020 07: 58
      Found someone to contact.
    19. +1
      8 December 2020 13: 37
      It's not gonna go. All courts are American. And they won't let you make the right decision.
    20. +19
      9 December 2020 21: 01
      Chinese investors of Motor Sich filed for Ukraine in international arbitration

      Good luck to the Chinese lawyers in arbitration with Ukraine.
      1. +24
        12 December 2020 01: 52
        Gazprom's lawyers could not ... Maybe at least China will succeed ...

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