Russia appoints former CJI DY Chandrachud as arbitrator in Oschadbank dispute
Russia has appointed former Chief Justice of India DY Chandrachud as an arbitrator in an international investment treaty dispute involving Ukraine's state-owned Oschadbank. The case concerns claims of asset losses in the Donetsk, Luhansk, Kherson, and Zaporizhzhia regions following the 2022 Russian military invasion. The dispute is being adjudicated under a 1998 bilateral investment treaty between Russia and Ukraine.
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What Happened
Russia has selected former Chief Justice of India DY Chandrachud to serve as an arbitrator in a legal dispute with Ukraine's state-owned Oschadbank. He will serve as one of three members on the tribunal representing Moscow's interests. The proceedings are governed by a 1998 bilateral investment treaty between the two nations.
The dispute arises from Oschadbank's claims that its assets, including bank branches, offices, and land in the Donetsk, Luhansk, Kherson, and Zaporizhzhia regions, were lost or damaged due to the Russian military invasion in 2022. The bank is seeking compensation for these losses, alleging that the conflict rendered its operations in these areas impossible to maintain.
Key Facts
- DY Chandrachud is a former Chief Justice of India.Source not recorded
- The dispute involves Ukraine's state-owned Oschadbank.Source not recorded
- The case is being heard under a 1998 bilateral investment treaty between Russia and Ukraine.Source not recorded
- Oschadbank claims losses in the Donetsk, Luhansk, Kherson, and Zaporizhzhia regions.Source not recorded
- The bank alleges that the 2022 Russian invasion caused the loss of its branches, ATMs, and other business assets.Source not recorded
The Timeline4
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12 Aug
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- English1 of 9
- Hindiहिन्दी1 of 2
- Bengaliবাংলা1 of 2
- Teluguతెలుగు1 of 2
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- 1 outlet
- 2 or more
- NorthCarried1 of 4
- WestCarried1 of 5
- Central IndiaCarried1 of 1
- EastCarried1 of 5
- North-eastNot carried0 of 2
- SouthCarried1 of 10
9 of the 26 states we read have local coverage. Spread across the country, with no regional concentration. Also carried by 1 national masthead.
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