Olexander Droug is a counsel at Sayenko Kharenko, with more than ten years of experience who specialises in dispute resolution and restructuring with a special focus on arbitration and commercial litigation.
Olexander Droug advises local and foreign clients on all stages of dispute resolution proceedings, including in complex multi-jurisdictional proceedings involving Ukraine, the UK, Cyprus, the BVI, Switzerland, The Netherlands and other fora, as well as arbitration under arbitration rules of all major international arbitral institutions (LCIA, ICC, SCC), CIS-based arbitral institutions and UNCITRAL Arbitration Rules. Mr Droug also advises clients on obtaining and implementing interim relief, including in support of arbitration proceedings and litigation, as well as on recognition and enforcement in Ukraine of arbitral awards and foreign court judgments.
Mr Droug has represented the clients in the proceedings relating to banking, financial, securities, M&A, shareholders, trade, telecommunication, construction, aviation, product liability, as well as sports-related disputes. He also has significant experience in representing both lenders and borrowers in financial restructurings and related disputes.
For a number of years, Mr Droug has acted as a coach of the Kyiv National Taras Shevchenko University team and an arbitrator at the Willem C. Vis International Commercial Arbitration Moot.
Mr Droug is regularly invited to contribute to some of the key legislation in the areas of arbitration, litigation and restructuring. For example, Mr Droug has recently been involved in drafting/amending the following draft legislation and/or regulations:
- participation in the working group of the Ukrainian Arbitration Association on development of a draft law on improvement of judicial support to international arbitration by the Ukrainian courts;
- advising World Bank on development of a draft law on financial restructuring (establishing a legislative framework for informal workouts and pre-packaged restructurings)
- advising EBRD on development of a draft law on derivatives (addressing close-out netting).
In March 2017, Olexander was included in the list of arbitrators elected to settle disputes arising in financial restructuring procedures for both financial restructuring procedures: general procedure and approval of the restructuring plan.
Education:
- LL.M. from the Institute of International Relations of the Kyiv National Taras Shevchenko University.