Carpatsky Gets Win In Ukranian Co.'s Contract Breach Suit

By Sophia Morris (November 14, 2018, 6:00 PM EST) -- A Texas federal judge granted a win to Carpatsky Petroleum Corp. Tuesday in a long-running dispute initiated by a Ukrainian oil company over a soured oil and gas development deal, ruling that a $147 million arbitral award issued in the U.S.-based company's favor precludes the Ukrainian company's claims.

U.S. District Court Judge Gray H. Miller said the 2010 decision of the Arbitration Institute of the Stockholm Chamber of Commerce panel, which resulted in the $146.9 million award, dealt properly with OJSC Ukrnafta's claims that Carpatsky misrepresented itself by failing to disclose a merger with a Delaware-based entity.

"To the extent the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!