The claimants submit that the Russian Federation breached its obligations under the Ukraine-Russia BIT by taking measures that deprived the claimants of their property.
A Dutch court found that Russia doesn’t have to pay $50 billion to Yukos shareholders. Here’s the big catch: international investment law is so complicated that Russia might have to pay anyway.
In a major victory for the Russian government, a Dutch court overturned an award of more than $50 billion to former shareholders of the defunct oil company Yukos.
Un tribunal de la Haye a reconnu que la Cour d’arbitrage de La Haye, qui a condamné la Russie à verser 50 milliards de dollars aux anciens actionnaires de la compagnie Ioukos, n’avait pas les compétences nécessaires à ces fins.
Russian space agency Roscosmos has won a court action in France concerning $700 million in payments owed to the company, which were seized by French authorities.
L’agence spatiale russe Roskosmos a gagné le procès en France dans l’affaire de la saisie des comptes de la société d’Etat dans le cadre de l’affaire Ioukos.