Russia appoints former CJI DY Chandrachud as arbitrator in Ukraine's Oschadbank case

Former chief justice of India D Y Chandrachud has been appointed by Russia as its arbitrator in an investment treaty dispute filed by Ukrainian state-owned bank Oschadbank, according to a report by Global Arbitration Review, as cited by Bar and Bench.The dispute is being heard by a three-member arbitral tribunal under the 1998 bilateral investment treaty between Ukraine and Russia.Costa Rican arbitrator and former trade minister Dyalá Jiménez will serve as the tribunal's president after being jointly selected by both parties.Greek arbitrator and National University of Singapore professor Stavros Brekoulakis was appointed by Oschadbank, while Justice Chandrachud was appointed by Russia.Dispute concerns Oschadbank assets in four Ukrainian regionsOschadbank's claim concerns assets and operations in Donetsk, Luhansk, Kherson and Zaporizhzhia that the Ukrainian state-owned bank says it lost following Russian military actions in Ukraine, particularly after Russia's full-scale invasion in 2022.The claim is understood to be worth hundreds of millions of…