In Kiev, they decided on a legal company that will defend Ukraine from China's claim against Motor Sich

The law firm King & Spalding will defend Ukraine against the claim of Chinese investors in Motor Sich in the amount of $ 3,5 billion. This is reported by the Ministry of Justice of Ukraine.

So, Kiev has identified its representative, who will advise and represent the interests of Ukraine in the claim of the Chinese shareholders of Motor Sich PJSC in the amount of $ 3,5 billion. For its services, the British branch of an international law firm requested $ 369.

When the consideration of the claim will begin and in which country, it has not yet been reported. Kiev received a notice that Chinese companies are filing a claim against Ukraine in the amount of $ 3,5 billion in early December last year. 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.

As a reminder, Chinese investors own 56% of Motor Sich's shares purchased in 2016. Despite this, a decision was made in Kiev to "nationalize" the enterprise and transfer it to state ownership. In March of this year, all 100% of the company's shares were arrested and transferred to the management of the National Agency of Ukraine for the identification, search and management of assets received from corruption and other crimes (ARMA). In addition to the shares, all the company's property was also arrested.

Zelenskiy later signed a decree enacting the decision of the National Security and Defense Council of Ukraine on the "nationalization" of the enterprise. Despite the "nationalization", Kiev has already offered to buy the enterprise from Turkey.

Comments

[Mouse]

Think they built their ass? And those and those will have ...

[Ruslan Sulima]

By the way, yes) And 3,5 billion, and plus 10% with a tail for the services of lawyers ...
So to speak, one more step towards Europe of the peach ukra.

[mitroha]

For its services, the British branch of an international law firm requested $ 369.

Knowing the lawyers is just the beginning. Then there will be arbitrations separately, protests separately, etc.
In general, besides the Chinese, the British will also take part in the undressing of Motor Sich

[hirurg]

The Ukrainians' business is losing.
Accordingly, the costs of the Chinese lawyers will have to be paid if they lose.
And I think the amount will not be less than that of the Ukrainian representatives.
Thus, the price of the issue for Ukrainians will increase by one and a half times, at least.

[NKT]

And it would not hurt us to return our $ 3 billion, and with interest and all five

[Cananecat]

Quote: Ruslan Sulima

And 3,5 billion, and plus 10% plus a tail for the services of lawyers ...

If they prove the corruption component in the purchase, and they will definitely prove it, hell will China get it. And how and to whom the SBU will sew this component, one can imagine. I would not be surprised if they have everything ready and the main corrupt official in this matter either dumped or is already feeding the worms.
One thing is certain, China will beat off these 3.5 lard ... in three years.

[Ruslan Sulima]

If they prove the corruption component in the purchase, and they will definitely prove it, hell will China get it. And how and to whom the SBU will sew this component, one can imagine. I would not be surprised if they have everything ready and the main corrupt official in this matter either dumped or is already feeding the worms.

Well, as I say, the whole world lives by the rules, but it is difficult to judge Ukraine alone. On the one hand, Themis, guaranteeing justice on a global scale, realizing that the Ukrainians threw China, on the other hand, political expediency) And so in all matters relating to this territory.
Where the HZ Curve of International Justice Will Take ...

[210ox]

But everyone here haunts Ukraine. If you look at it, then such actions should be done for many companies in Russia. And first of all, strategic. What does not allow? Zarathustra is liberal, I suppose.

[XXXIII]

Quote: Canecat

If they prove the corruption component in the purchase, and they will definitely prove it, hell will China get it.

Well, yes, khana motorsich now, the payments will still be, not full, but there will be, the court will decide. And this will put Ukraine in a bankrupt position, it will not be able to pay even half. The losses will be much greater for the most independent. The court will win China, China's investments are large in Europe, they know where to grease. Here, state fraud is evident, Kiev signed an investment protection agreement. So corruption does not play any role here. If they prove that China made a fraudulent deal, then yes, but this is unlikely, the Chinese contracts are working out well. China never invests money just like that!

[Invoce]

Quote: Mouse

Think they built their ass? And those and those will have ...

Lawyers for each side will benefit. China, even if it loses the lawsuit, will take its toll. Ukraine will lose in any case, in its image, first of all, as an unreliable partner. Few, or rather not all will want to invest in the economy of the Zalezhnoy ... Foolishness at every step of the UkroState. Uzhos

[Brturin]

Quote: Invoce

in the image, first of all, as an unreliable partner

Their image does not seem very much .. how many stories there were with marriage of military equipment, eggs with salmonella in Israel ... from the latter, the Swedes gathered to sue after raising the "rent for the use of subsoil for the extraction of natural gas to 70% within the framework of agreements on joint activities . "The amount of the claims has not been determined for today. In this request for arbitration, the plaintiffs refer to their intention to assert hundreds of millions of dollars in damages, with the exact amount to be determined in further written explanations and during the final hearings "https://tass.ru/ekonomika/11265901

[Roma 1977]

Turks will want to buy anyway. Ukraine has not lost anything, except the location of 1.5 billion earthlings.

[Mouse]

Image is nothing ... thirst is everything!

[FIR FIR]

Quote: Mouse

Think they built their ass? And those and these will have ...

And how!
The dragon is not a bird with a crooked beak, he will fry the heels of businessmen from the Square.
But whatever this business ends up, it will fly to the working collective anyway, and the fate of this enterprise is unenviable.

[XXXIII]

Quote: Mouse

Think they built their ass? And those and those will have ...

This is for sure, naive fat.

[Real Pilot]

When will the consideration of the claim begin and in which country, it has not yet been reported

The fact is that in such contracts, the country and the applicable law are clearly indicated.
It could be London, Frankfurt am Main, Paris, even Singapore ... And law as a body of laws can be chosen.
There is no particular riddle here, you need to look in the "dispute resolution" section. But this is between private parties, which were the Chinese and the shareholders of Motor Sich.

On the other hand, there are individual cases of illegal expropriation or nationalization by states of the property of foreign investors (with or without compensation, note). And now this is no longer just the civil law of a separate state, but international private or international public law (there are aspects in both forms). There may be different variations of the trial, let's wait for the news.

[prior]

What can I say, even lard as a lubricant will not help here.
It will really hurt.

[bk316]

Despite the "nationalization", Kiev has already offered to buy the enterprise from Turkey.

So this is a classic. "Sell" to the Chinese, then "sell" it to the Turks ... Then to some other suckers like Bulgaria. The main thing here is to get out in time.

[mitroha]

Zelenskiy later signed a decree enacting the decision of the National Security and Defense Council of Ukraine on the "nationalization" of the enterprise. Despite the "nationalization", Kiev has already offered to buy the enterprise from Turkey.

Ze lived in the USSR, and he should know the national folklore, that for every cunning woman .. there is a threaded bolt. The expression did not appear out of nowhere. The Chinese are not your peace-loving Russian brothers.

[bk316]

The Chinese are not your peace-loving Russian brothers.

And the sultan can get angry at kidalovo ...

[notingem]

And what will the Sultan do? Will he order the Crimean Tatars to launch a raid on Kiev? Will rub like the Chinese with sweaty trousers

[bk316]

And what will the Sultan do?

Yes, dofiga can do anything, from an embargo on their drones to the recognition of Crimea as Russian.

[notingem]

He can do it all. Only hands are short. And Crimea will recognize Russian tomorrow afternoon.

[Avior]

... When the consideration of the claim will begin and in which country, it has not yet been reported.

Interestingly
It is not known where the lawsuit is filed, so it is not known who and where will be considered
An unusual case in legal practice

[Viktor Sergeev]

They will also pay legal costs, plus interest, I think at least 20 million. Ukraine is a rich country, it will pay for everything.

[Murmur 55]

From December last year to April ONLY the defense company was chosen, and the whole process, if it is clear, will take years, and by that time it is not clear what will become of this world, plus Ukraine has a "roof" at the moment more authoritative than all the courts.

[Andrei Nikolaevich]

Ukraine does not have a roof, Ukraine has an active partner. True, during the sekolkie centuries, partners have changed. But Ukraine remained passive.

[impostor]

It was in vain that the non-brothers of the Chinese threw them with grain and with a motor section. To dig the Black Sea and dig the Pacific Ocean - these are, yak gutar in Odessa, two big differences

[Andrei Nikolaevich]

Our neighbors, due to their rural mentality and small-town narrow-mindedness, cannot understand in any way that China does not have “brotherly peoples,” the Chinese are pragmatists and look at things rationally and soberly. And let the chubby lads hire at least ten law firms, the Chinese will crush them for deception. And given the state of the shared economy, the chances of being a fool are very high and very real. Drive yourself into your stupid little heads, sly neighbors!

[Simon]

Yes, at least some law firms let them take! Only, in the form of China, they made an enemy for themselves!

[Kushka]

Quote: Victor Sergeev

They will also pay legal costs, plus interest, I think at least 20 million. Ukraine is a rich country, it will pay for everything.

Ukraine is hot on the side.
Even China's official statement said,
that in a dispute between two PRIVATE COMMERCIAL
companies, the Chinese government HOPES that
the government of Ukraine will protect the rights of investors
from China.

[Ruslan Sulima]

Ukraine is hot on the side.

Don't tell. Ukraine nationalized Motor Sich. The usual scheme, with the same Kolomoisky gave a ride. But playing such games with foreign partners, who until now were not engaged in anal investments, but in the supply of real money, is the height of idiocy.
Nothing new happened, the Ukrainians again acted as an instrument in whose fight with China, is this news for someone?
But how the global legal system will behave, which is already slipping on all fronts, this is already interesting

[Kushka]

Boguslaev (private person) decided to sell his 56%. Permissions
he could not get it from the government. The Chinese, in spite of this,
paid for the shares. The government went crazy and the shares were arrested
in 2016 !!! (is this not nationalization?). Both sides continue
ignore the position of the state. The result is that the state freaked out again
and 56% arrested by him NATIONALIZED. Curtain.
Otherwise, my brother decided to sell his half of the parental house without
my consent. I filed a lawsuit and half of him were arrested.
Question 1 - why did the Chinese pay my brother money if he didn’t have
right to sell something ?,
Question 2 - if the Chinese paid something to my rogue brother,
from whom should they demand money?
Question 3 - Lukashenka did the same with Boguslaev and nationalized
Motor Sich enterprise on the territory of Belarus, why did no one even make a sound?

[Brturin]

Quote: Kushka

the Chinese government HOPES

"We demand that Ukraine take into account the legal rights of Chinese enterprises and investors" - "China insists that this issue be resolved in the right vein" - Foreign Ministry spokesman Zhao Lijian

[Kushka]

And not a single word about WHO embezzled the money of the Chinese and who
threw them in this deal.
And they paid to a PRIVATE person, ONE OF THE OWNERS
plant - Boguslaev. Knowing at the same time that he obtain permission
for sale from the second owner-STATE, could not.
Moreover, they gave him a loan. Those. they knew who they were buying from, they knew who
lent - what do they now want from the second owner - Ukraine?
After all, Ukraine did not take money from them and did not sell its share of the plant.
Moreover, the court forbade the second owner to do this - a private trader.
Do they want justice? Then in court and there will be justice for them!

[Brturin]

A private person or not a private person ... but the lawsuit was filed against the state and the state "recognizes" this by hiring lawyers ... what will happen next ... will prove the "criminality" of the transaction, that it does not fall under the investment protection law ... accuse the Chinese that they cannot calculate the moves and arguments of the opponent, I would not ... the process is running ... wait

[Kushka]

From the same opera:

Ukrainian enterprises that have lost their property and profits due to Russian aggression have filed claims in 12 commercial arbitrations. The amount of claims is over $ 4,5 billion, said the Deputy Foreign Minister of Ukraine Yevgeny Yenin on the air of the Dom TV channel.
"The government actively encourages our enterprises that have lost their property, lost profits, in order to go to arbitration and sue, sue and again sue the Russian side for everything they have lost," the diplomat emphasized.
According to him, there are already the first positive results. "On three of them (commercial arbitrations - ed.), At least, there are already the first positive decisions. This is somewhere around $ 250 million," the deputy minister said.
According to him, Ukraine does not intend to stop at this and "the main lawsuits are still ahead."

[archiroll]

How's it going with our 3 yards? Let the Chinese take care of themselves ...

[xorek]

Quote: arhitroll

How's it going with our 3 yards? Let the Chinese take care of themselves ...

Forget ..

[Guru]

Forget ..

Why forget that? We can pick up the land, the same Donetsk and Lugansk and everything that is there. Of course, there are much more there, but that is interest.

[notingem]

Who will take it? Gref is afraid even to go to the Russian Crimea

[xorek]

Quote: Guru

Forget ..

Why forget that? We can pick up the land, the same Donetsk and Lugansk and everything that is there. Of course, there are much more there, but that is interest.

Better then take Kiev .. How many nasty things the Kiev Bandera junta has done to us ... They will have to pay for more than one generation
Calculations are being made and everything is recorded .. But the first with the presentation, there are residents of Donbass !!!! It is difficult to show something in monetary terms there ..

[Incvizitor]

We will return the lands.

[Cat]

The story with the shelf off Zmeiny Island will repeat itself.

[xorek]

It will be like in a joke: a Jew and a Ukrainian were suing, the judge was given five years

[Ruslan Sulima]

Smiled)
They also grabbed the witness, he was ten)

[xorek]

Quote: Ruslan Sulima

Smiled)
They also grabbed the witness, he was ten)

To the point .. They know how to judge and yell

[Prisoner]

Will the company pay themselves or the one who framed the comedian under the Chinese dragon? Here the Americans know how to milk suckers. You can't take that away from them. So relax "self" and try to have fun.

[xorek]

Quote: Captive

Will the company pay themselves or the one who framed the comedian under the Chinese dragon? Here the Americans know how to milk suckers. You can't take that away from them. So relax "self" and try to have fun.

Nicely thrown! But I think the legal office with its pack of Jewish lawyers, China will be fooled .. On this was the calculation Ours got out of the gas theft as they are already suing, they have presented so much to us that Gazprom can become the property of Kiev.
And Khodor brought a claim against Russia, we all owe him 50 lard !!!
And if others present, then goodbye Russia Suing such people is more expensive for themselves .. Then you need to act differently, first join forces with China, then they will screech ..

[Guru]

Chinese investors own 56% of Motor Sich shares, purchased in 2016

You can't write off Yanukovych, it's very interesting how they will get out and whether they will be at all

[NF68]

Well yes. It was yours, it is ours. And we also got pennies. And he will even defend this case to his death in court.

[Puppeteer 111]

I'm just interested in one question))) Is the amount of the contract on PROZORRO?)))

[Puppeteer 111]

Figure it out in your ass
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.youtube.com/watch%3Fv%3DJJblj5OX9fA&ved=2ahUKEwig5rz-u6bwAhVB2SoKHdjhBc0Q3e4CMAF6BAgDEAw&usg=AOvVaw3ivOOnQiMTCRAhvJjtYxj8

[DominickS]

What are the same degenerates, by God. China will definitely not forgive them for such a "scam".

[aszzz888]

For its services, the British branch of an international law firm requested $ 369.

And what will the Nazis pay? Again for a communal apartment, will gas prices rise?

[lvov_aleksey]

everything is simple. I sold it to you, then to you, you want to please. I do not like it - good luck !!!!!!!!