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Olexander Droug - Sayenko Kharenko
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Olexander Droug

Partner

Practices:
  • Bankruptcy & Debt Restructuring
  • International Arbitration
  • Litigation
Industries:
  • Energy
  • Financial Institutions
  • Media, Technologies and Communications
  • Public Sector
  • Technology & Communications
  • Transport & Infrastructure

Olexander specialises in dispute resolution and restructuring with a focus on international arbitration and cross-border commercial litigation. His experience includes advising local and foreign clients at all stages of complex multi-jurisdictional proceedings involving the BVI, Cyprus, the Netherlands, Switzerland, Ukraine, the UK, and other fora, as well as commercial and investment arbitration under the arbitration rules of all major international arbitration institutions (LCIA, ICC, SCC), CIS-based arbitration institutions, ICSID Arbitration Rules 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 arbitration awards and foreign court judgments.

Mr Droug has represented clients in proceedings relating to banking, financial services, securities, M&A, shareholders, trade, telecommunication, construction, energy, aviation, and product liability, as well as sports-related disputes. He also has significant experience representing both lenders and borrowers in financial restructuring and related disputes. In March 2017, Olexander was added to the list of arbitrators elected to settle disputes arising in financial restructuring procedures.

Mr Droug regularly contributes to key legislation in the areas of arbitration, litigation and restructuring.

Recognitions

  • Recognized among Top Three leading practitioners in International Arbitration by Ukrainian Law Firms 2020
  • Named Future Leader in Arbitration by Who’s Who Legal: Arbitration 2021
  • Recognized among leading practitioners in International Arbitration and Arbitration & Mediation by Best Lawyers in Ukraine 2021
  • Recommended in Dispute Resolution by The Legal 500, 2020, Chambers Global 2021 and Chambers Europe 2020
  • Shortlisted for the “International Arbitration Lawyer of the Year” according to Legal Awards 2018, Yuridicheskaya Practika
  • Recognized among leading practitioners in Arbitration Powerlist 2020: CIS and Caucasus,The Legal 500

Admissions

  • Ukraine

Education

  • LL.M. from the Institute of International Relations at the Taras Shevchenko National University of Kyiv

Professional membership and involvement

  • Turnaround Management Association
  • Board Member of Ukrainian Arbitration Association
  • Ukrainian Bar Association
  • American Chamber of Commerce in Ukraine
  • European Business Association
  • International Bar Association
Experience
Sayenko Kharenko helps Ukraine to win its largest investment arbitration case
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Sayenko Kharenko has successfully defended the interests of MHP
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Sayenko Kharenko advised the EBRD on the derivatives and corporate bonds reforms
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Sayenko Kharenko advised a global supplier of aftermarket aircraft, engines, OEM material and asset management services ...
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Sayenko Kharenko won two arbitration cases before the ICAC at the UCCI regarding enforcement of pledge for the total amo...
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Sayenko Kharenko defended the client’s interests relating to recognition of a foreign arbitral award in Ukraine
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Sayenko Kharenko represented Basketball Club “Azovmash” in CAS appeal proceedings
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Sayenko Kharenko defended the client’s interests in the debt collection dispute over the equipment supply contract
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Media & Insight

The Dispute Resolution Review: Ukraine

by Olexander Droug & Olena Sukmanova & Oleksiy Koltok

GAR Investment Treaty Arbitration – Ukraine

by Olexander Droug

The principle of iura novit curia in international arbitration

by Olexander Droug & Andriy Stetsenko

Financial and insolvency measures: legislative fallout from the COVID-19 outbreak. Ukraine

by Vladimir Sayenko & Anton Korobeynikov & Olexander Droug & Denis Nakonechnyi

Wrongful trading – the Baltic CEE and SEE landscape

by Vladimir Sayenko & Olexander Droug

The Dispute Resolution Review - еdition 12

by Olexander Droug & Olena Sukmanova & Oleksiy Koltok

The third party litigation funding law review - edition 3

by Olexander Droug

GAR Investment Treaty Arbitration – Ukraine

by Olexander Droug & Olesia Gontar

Problematic aspects of recognition and enforcement in Ukraine of decisions of international arbitration against sovereign states (In Ukrainian)

by Olexander Droug & Alina Danyleiko

New Approach to State Immunity in Ukraine

by Olexander Droug & Alina Danyleiko

GAR Investment Treaty Arbitration - Ukraine

by Olexander Droug & Olesia Gontar

The Third Party Litigation Funding Law Review - Edition 2

by Olexander Droug