Asters Successful for Ukraine Before UK Supreme Court in USD 3 Billion Eurobond Case

Asters Successful for Ukraine Before UK Supreme Court in USD 3 Billion Eurobond Case

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Asters, working with Quinn Emanuel Urquhart & Sullivan, has successfully represented the interests of the Republic of Ukraine before the UK Supreme Court in a dispute with Russia concerning a USD 3 billion eurobond issuance from 2013. 

According to Asters, the “UK Supreme Court has handed down its judgment to send for a full public trial the legal proceedings initiated on behalf of Russia relating to the USD 3 billion in eurobonds issued by Ukraine in December 2013. This landmark ruling permits Ukraine to defend the claim in the English courts on the ground of duress exercised by Russia against Ukraine through threats of aggression back in 2013, and Russia's subsequent behavior could not realistically be ignored. The full disclosure will adduce another evidence that Ukraine has truth and right on its side.”

The Asters team included Co-Managing Partner Oleksiy Didkovskiy, Senior Partner Armen Khachaturyan, Counsels Oksana Legka and Anna Tkachova, and Associate Anna Lalaiants.