Olexander Droug

Olexander specialises in international arbitration and cross-border commercial litigation and restructuring. 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 judgements.

Mr Droug has represented clients in proceedings relating to banking, financial services, securities, M&A, shareholders, trade, telecommunication, construction, energy, aviation, product liability, and 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.

Turnaround Management Association

Board Member of Ukrainian Arbitration Association

Ukrainian Bar Association, member of Committee on ADR

American Chamber of Commerce in Ukraine

European Business Association

International Bar Association

ICSID Tribunal Discontinues USD 947 Million Investor-State Claim Against Ukraine in Gilward v. Ukraine

Assisted Ukraine in defending a challenge in a Swedish court against a favourable USD 6 billion ECT award and securing a USD 18.9 million cost decision

Secured a victory for a Swiss digital asset company in a USD 42 million SCC arbitration

Secured a win for a leading German bank in the recognition and enforcement in Ukraine of a multi-million ICC arbitral award

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

Recommended in Dispute Resolution by The Legal 500, 2025, Chambers Global 2026 and Chambers Europe 2025, Benchmark Litigation 2025

Recognised in arbitration by Lexology Index: Thought Leaders - Arbitration 2026 and Commercial Litigation 2025

Recognised among the leading individuals in International Arbitration and among notable practitioners in Cross-border Litigation by Ukrainian Law Firms 2025

Shortlisted for the CENTRAL & EASTERN EUROPE LITIGATOR OF THE YEAR nomination by Benchmark Litigation Europe Awards 2025