LCIA arbitration - $500 million shareholder dispute over Russian mine

CANDEY is acting for two BVI holding entities involved in a dispute over a Cypriot joint venture regarding a substantial Russian mining operation. This high stakes shareholder dispute has seen CANDEY’s clients successfully obtain a final LCIA arbitration award on substantive issues, with further proceedings ongoing in Cyprus and London as the dispute continues notwithstanding the findings in that award. The value of our clients’ claims, including with reference to the value of the underlying asset, is in excess of US$500m.

James Collins & Yuri Botiuk are the lead partners, assisted by Mei Wong.