A recap of the webinar "Assessment of Damages Caused by the Russian-Ukrainian Conflict"
General Information
We are pleased to share a recap of the successful webinar titled "Assessment of Damages Caused by the Russian-Ukrainian Conflict", held on June 14, 2024. This valuable event was jointly organized by J.S. Held, a leading global consulting firm, and the State University of Trade and Economics to discuss the Mechanisms for Payment of Reparations to Ukraine and Practical Examples of Estimation of Economic Losses.
The webinar brought together nine distinguished panelists from Belgium, the Czech Republic, Singapore, and Ukraine, all experts in their respective fields.
Prof. Nataliia Mazaraki, Head of the Department of International, Civil and Commercial Law at the State University of Trade and Economics, and a highly respected legal scholar, provided opening remarks.
Divided into two focused panels, the discussion explored crucial topics:
- Mechanisms for Payment of Reparations to
Ukraine (Moderated by Tamara
Kortukova):
- Bohdan Karnaukh, a legal scholar, shared insights on national and international legal precedents related to war-related damage compensation.
- Pierre d'Argent, a highly respected Professor in international law, offered historical case studies, legal principles, and practical challenges regarding reparations. He also presented his book “War reparations in public international law”, as well as shared his experience with the DRC v. Uganda case before the ICJ.
- Mykola Yurlov, representing the Ministry of Justice of Ukraine, discussed their achievements in damage compensation and the specifics of the International Compensation Mechanism.
- Ganna Duginets provided valuable insights into the war's economic impact on Ukraine.
- Estimation of Economic Losses: Practical
Examples (Moderated by Iain
Potter):
- Sirshar Qureshi addressed the various types of damages, methodologies for damage assessment used by tribunals, evidence collection for different damage types, and offered key tips for gathering evidence.
- Olesya Prantyuk shared analysis on using the synthetic control method to estimate the conflict's impact, along with Ukrainian courts' approaches to damage assessment and expert utilization.
- Owen Hawkes explored the crucial role of experts and expert witnesses in assessing war damages.
The webinar fostered a truly collaborative environment where practitioners from various countries exchanged best practices, discussed challenges, and shared valuable lessons learned. All discussions aimed to address the complex issues surrounding legal frameworks for reparations and compensation to Ukraine, alongside methodologies for quantifying war damages.
We are deeply grateful to Iain Potter for his instrumental role in organizing this successful event.
Our sincere appreciation extends to all the panelists for their insightful presentations and valuable contributions.
We also extend our thanks to the over 650 participants whose significant interest, demonstrated by joining the webinar, is truly valued.
Looking ahead, we hope this successful collaboration serves as a springboard for continued cooperation on addressing reparations, compensation mechanisms for Ukraine, and damage assessment related to the Russian war in Ukraine.
Presentations are available here