How To (#10 October 2016)

What Business Needs to Know about Recognition of Foreign Judgments in Ukraine

Maryna V. Pavlеnchyk

The rapid expansion in the globalization of both businesses and individuals has resulted in a situation in which the official verdicts of authorities belonging to one state frequently require practical implementation within another state. This increase in global relations has led to the increasing popularity of international arbitration as a means to settle commercial disputes of various kinds.

How does Ukraine handle this issue, and what exactly needs to be taken into account during the different stages of dispute or arbitration proceedings abroad, when the results of these proceedings are to be applied in Ukraine?

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