Two Weeks in Review, 7 November – 20 November

Author: Tal Gross
Published: 20.11.2022
Javier García Olmedo and Lorenzo Gradoni offer insights on the recent events leading to the seizing of assets of AMIC Ukraine, by the Bureau of Economic Security of Ukraine (ESBU). AMIC Ukraine is the local subsidiary of AMIC Energy, an Austrian private equity firm. The Ukrainian authorities acted on charges of tax fraud, money laundering and the company’s connection to Russia. AMIC Ukraine, backed by Austia’s Ambassador to Ukraine stated in a press conference that, if necessary, they will file claims to international tribunals. The writers note, that this is the first time that a corporation threatens to file an ISDS claim…