Derains & Gharavi International

Cases

II-30 Counsel to Joseph Lemire, an American investor, in an ICSID arbitration No. ARB/06/18 against the Ukraine for breach regarding an investment in the radio industry leading to the Decision dated January 21, 2010 in favor of Joseph Lemire on jurisdiction and liability obtained on March 28, 2011, an Award in the amount of 8,717,850 USD, with partial legal costs in the amount of 750,000 USD. It is the first international award holding a State liable for breach of international law in relation to tenders, namely in the case at hand for the award of frequencies in the radio industry.

Counsel to Joseph Lemire, an American investor, in an ICSID arbitration No. ARB/06/18 against the Ukraine for breach regarding an investment in the radio industry leading to the Decision dated January 21, 2010 in favor of Joseph Lemire on jurisdiction and liability obtained on March 28, 2011, an Award in the amount of 8,717,850 USD, with partial legal costs in the amount of 750,000 USD. It is the first international award holding a State liable for breach of international law in relation to tenders, namely in the case at hand for the award of frequencies in the radio industry.