Recovery of damage from russian federation

The military aggression of the russian federation against Ukraine has become an unprecedented violation of international law. The aggressor state must bear responsibility for every act of terrorism, war crimes against humanity and genocide of the Ukrainian people. Russia must compensate for the damages incurred by the country, people and business. Compensation the businesses for damages will contribute to the economic recovery of our country and help rebuild modern and prosperous Ukraine!

Potential options for recovery of business damages:

1. Recovery in accordance with the decision of specially created national, interstate or international commission;
2. individual claims to the russian federation for (i) recovery of damages by a decision of a Ukrainian court with its subsequent execution in a foreign jurisdiction or(ii) recovery of damages by a foreign court and with subsequent enforcement of the relevant award in foreign jurisdiction.;
3. International investment arbitration
4. Recourse to ECHR and\or the International Court of Justice.

Regardless of the option that will be chosen for recovery of damages, it is necessary to record the event, document the fact of destruction or damages to property, provide documentary proof of property rights and conduct an assessment of damages and evaluation of lost profits.

LCF associates assist Ukrainian businesses by providing services for recording, documenting and evaluating damages and pleading cases for their recovery from russian federation.

Legal support for recording, documentation, and evaluation of damages.

1. Development of algorithms for recording and documenting of damages, with regard to the specifics of the business and the type of destroyed or damaged property;
2. Support for assessment of damages;
3. Drafting of the unified document on the matters of damages for submitting to the compensating authority.

Legal support for claims on recovery of damages.

1. Legal opinion on the options, prospects and probability of compensation (incl. assessment the grounds and jurisdiction for the filings in foreign jurisdictions);
2. Tracing of the assets owned by the russian federation and its residents in foreign jurisdiction with subsequent assessment of the probability for enforcement of the judicial award for recovery of damages with foreclosure of the relevant assets.
3. Legal advice and support for litigation in Ukraine or foreign jurisdiction.
4. Legal advice and support for recognition and enforcement of the awards issued by Ukrainian or foreign court in a foreign jurisdiction;
5. Legal advice and support for application to ECHR.