Emerging markets risks

Lawmaker from Yatsenyuk's party accused of wresting distillery from French company

To foreign investors, the following scenario is all too familiar.
A Western firm buys an asset in Ukraine, makes millions of dollars of upgrades, and then loses the business in court to a local entity or erstwhile partner.
It happened this year to Zurich-based Swissport, a leading airport cargo handler, which lost its $25 million local subsidiary to Ihor Kolomoisky’s Ukraine International Airlines.