Asters Assists Quinn Emanuel in Advising JSC Oschadbank on Restoration of Crimean Rights

Asters Assists Quinn Emanuel in Advising JSC Oschadbank on Restoration of Crimean Rights

Ukraine
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Asters is assisting Quinn Emanuel Urquhart & Sullivan, the lead counsel to JSC Oschadbank, on issues of Ukrainian law and factual developments related to the restoration of JSC Oschadbank’s Crimea-related rights and interests through an international investment protection mechanism.

On August 26, 2016 JSC Oschadbank filed a claim for recovery of over USD 1 billion in compensation for its losses in Crimea. 

According to Asters, "the Public Joint-Stock Company 'State Savings Bank of Ukraine’ is … the only Ukrainian bank that has a state guarantee envisaged by the law in respect of full protection of the monetary funds of citizens entrusted to the bank."

The Asters team working on the project includes firm Managing Partner Oleksiy Didkovskiy, Partner Svitlana Chepurna, and Associates Anna Tkachova, Maryna Golovko, and Anastasiia Bereziuk.