A Dutch appeals court reinstated an international arbitration panel’s order that it should pay $50 billion compensation to shareholders in former oil company Yukos.
The Swiss Federal Court has ordered Russia to pay CHF80 million ($82.1 million) in damages to 12 Ukrainian firms confiscated after the 2014 annexation of Crimea.
The Supreme Court of Russia denied a motion lodged by Ukraine demanding reconsideration of a ruling in Ukraine’s $112 million dispute with Russia’s Tatneft oil company.
Montenegro claimed victory after an international arbitration court declined to rule on a reported 600-million-euro claim brought by Russian billionaire Oleg Deripaska.
The Russian side appealed that a number of provisions of the Energy Charter Treaty could not be applied to the Russian Federation because it did not ratify it.
Ukraine’s state energy group Naftogaz has asked the Hague Permanent Court of Arbitration to force the Russian Federation to pay the Ukrainian company $5.2 billion compensation for assets lost in annexed Crimea.