Valeriya Grebenkova

Arbitration Counsel (Russian qualified)
Civil Litigation and Arbitration
Valeriya is a Russian qualified lawyer who was in charge of the largest international arbitration and litigation projects in Eastern Europe and CIS before moving to the UK to continue practicing international arbitration.

Valeriya specialises in state court litigation, international commercial and investor-state arbitration.

She represents individual clients and sovereign states in various investor-state arbitration fora including ICSID and PCA. In addition, Valeriya is actively involved as counsel in commercial arbitrations under major institutional rules including LCIA, ICC, SCC and ICAC (Moscow). She sits as an arbitrator in commercial arbitration disputes. She also represents both states and individuals in the European Court of Human Rights.

Languages spoken: English, Russian
Notable Experience
Commercial arbitration:
• Represented a European bank in an LCIA arbitration in a dispute concerning subordinated loans.
• Represented the majority shareholder of a Russian oil refinery in an SCC dispute with minority shareholders.
• Represented a European shipping company in a construction dispute.

Investment arbitration:
• Representing an investor from an Eastern European state against Grand Duchy of Luxembourg in the dispute governed by UNCITRAL Rules.

• Represented an Eastern European state in ICSID investment arbitration proceedings connected to the alleged expropriation of real estate assets.
• Represented a CIS state in six investor-state disputes with a total value of circa $3 billion connected to expropriation and FET claims (in sectors including real estate, energy and infrastructure, aviation business and banking).
• Represented CIS states in set aside proceedings for arbitral awards rendered against them in investment arbitrations seated in the Netherlands, Switzerland and France.
• Represented a UK national in his dispute against an Eastern European government in ICSID proceedings.

Admissions and Memberships

admitted to practice in Russia, 2016

Recognitions and Publications

Financial Sanction and Investment Treaty Arbitration, Journal of International Banking & Financial Law.
Investment Treaty Arbitration – China, Lexology Panoramic.
Search for Justice in an Imperfect World: Gazprom Export v Uniper Global Commodities SE and Methanhandel Gmbh, Kluwer Arbitration (co-authored with Olivia Kaye and Leila Kanametova).
Supreme Court Ruling on Proper Forum for Anti-Suit Injunctions: UniCredit v RusChemAlliance (co-authored with Leila Kanametova).

Recognized as a top-10 arbitration lawyer by Russian Arbitration Association

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