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FisherBroyles partners Gene M. Burd and Yine Rodríguez Pérez spoke at the seminar presented to the CEO Club Ukraine on the potential U.S. Venues for Recovery of Damages Caused by Russian Aggression in Ukraine.

Jun 29, 2022
  • FisherBroyles News

(Washington, D.C.—June 29, 2022)— FisherBroyles partners Gene M. Burd and Yine Rodríguez Pérez discussed existing legal mechanisms that could be utilized to recover damages caused by Russian aggression, including claims under investment and multilateral treaties and actions in U.S. courts under the current legislative framework. The speakers also addressed laws governing foreign sovereign immunity and compensation to victims of torture and other violations of international law. The FisherBroyles partners also discussed proposals for establishing U.S. and international reparations mechanisms based on the historical precedents.

The program was organized by the CEO Club of Ukraine together with Arzinger Law Firm, Kyiv, Ukraine. Sergii Shkliar, founding partner of Arzinger Law Firm said: “We are thankful to Gene M. Burd and Yine Rodríguez Pérez for this webinar. This is a very relevant topic for Ukraine. We anticipate further development and analysis of appropriate legal mechanisms to respond to Russia’s aggression. We understand that the issue of compensation for damages caused by Russia, is complex and unprecedented, given the large scale of military aggression against Ukraine”

Roman Valesiuk, CEO of Investment Holding Managing Partner, who attended the webinar stated: “It was interesting to hear the views of international lawyers on the possibility of compensation for losses to Ukrainian businesses caused by Russian aggression. This issue is of relevance to numerous Ukrainian businesses, which suffered great losses, such as, destroyed industrial and commercial facilities, burned warehouses, ruined construction sites and shopping centers. This is also relevant to digital technology companies, which lost users and supply chain. In one way or another, these losses were caused by Russia’s aggression. It was also interesting to hear how the relationship between clients and law firms can be structured and to discuss possible options for funding of legal claims.”

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