December 07, 2018
A Texas federal judge has finalized his judgment confirming U.S.-based Carpatsky Petroleum Corp.’s $147 million arbitration award against Ukrainian company OJSC Ukrnafta over a soured oil and gas development deal, after allowing the latter to drop some of its remaining claims and severing the allegations it still wants to pursue.
November 14, 2018
A Texas federal judge has granted a win to Carpatsky Petroleum Corp. 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.
March 22, 2018
Carpatsky Petroleum Corp. on Wednesday urged a Texas federal court to dismiss a Ukrainian oil company's claims over a soured oil and gas development deal, arguing that arbitrators have already weighed the dispute, rejected the company's arguments and awarded it $147 million.
October 03, 2017
A Texas federal judge on Monday confirmed a $146.9 million arbitration award in favor of a U.S.-based Kuwait Energy subsidiary against a Ukrainian oil company, finding that a Ukrainian court ruling invalidating the parties' arbitration clause did not apply because the companies agreed to binding Swedish law.
July 17, 2017
A Ukrainian oil company doubled down on efforts to stop a U.S.-based Kuwait Energy subsidiary from confirming a $146.9 million arbitration award against it, telling a Texas federal court Friday that its former venture partner has mischaracterized the role of the Ukrainian government in the company to sidestep inconvenient laws.
June 15, 2017
A U.S.-based Kuwait Energy subsidiary doubled down on its efforts to confirm a $146.9 million arbitration award against a former Ukrainian oil field joint venture partner, telling a Texas federal court Wednesday that its former partner has failed to find a narrow exception under an international enforcement agreement.
March 06, 2017
A U.S.-based Kuwait Energy subsidiary asked a Texas federal judge Friday to finally end a long-running dispute with a former Ukrainian oil field joint venture partner and confirm a $146.9 million arbitration award, arguing its former partner has run out of overseas challenges.