Tag: Germany

Yukos Award – Beginning of a New Enforcement Saga

Yukos Award – Beginning of a New Enforcement Saga

While the recent agreement between Yukos shareholders and Rosneft settles all litigation disputes between them, it does not solve the existing disputes between Yukos and Russia as a state, in particular the $50 billion arbitration award made by the PCA in The Hague in 2014. As Russia refuses to voluntarily comply with the award, Yukos […]

Israeli Court Recognises a Russian Judgment on the Basis of Reciprocity

Israeli Court Recognises a Russian Judgment on the Basis of Reciprocity

We have already reported on the building up of Russian case law on the recognition of foreign court judgments on the basis of reciprocity and international comity. An important advantage of this practice for Russian parties and courts is that it creates a basis for the recognition and enforcement of Russian court decisions in foreign states […]