On 22 June 2020 the Russian Ministry of Justice announced that the UNCITRAL tribunal hearing Mr Serghei Pugachev’s US$14.5 billion claim against the Russian Federation under France-USSR 1989 BIT (the “BIT”) lacked jurisdiction over the claimant’s claim. The tribunal found that the claimant was not a French national at the time he made his investments […]
On 25 October 2018, Gazprom filed an EUR 6.4 billion investment treaty claim against Ukraine in accordance with UNCITRAL Arbitration Rules, under the Russia – Ukraine Bilateral Investment Treaty of 1998 (BIT). The claim concerns a fine imposed by a state authority. Although analysing the merits of the claim at this stage is premature, the […]
The arbitral tribunal in Oxus Gold Plc v The Republic of Uzbekistan in the final award that became publicly available in April 2016 rejected all counterclaims raised by the host state against the British investor. The award, rendered by Prof Pierre Tercier, Prof Brigitte Stern and Hon Marc Lalonde (issuing partial dissent on another legal issue) […]
Yukos Universal Limited (Isle of Man) v. The Russian Federation, UNCITRAL, PCA Case No. AA 227 – Final Award – 18 July 2014 – Part 1 Yukos Universal Limited (Isle of Man) v. The Russian Federation, UNCITRAL, PCA Case No. AA 227 – Final Award – 18 July 2014 – Part 2 Pleading notes for […]
Veteran Petroleum Limited (Cyprus) v. The Russian Federation, UNCITRAL, PCA Case No. AA 228 – Final Award – 18 July 2014 – Part 1 Veteran Petroleum Limited (Cyprus) v. The Russian Federation, UNCITRAL, PCA Case No. AA 228 – Final Award – 18 July 2014 – Part 2 Pleading notes for Russia in Dutch court […]
In 2012 the Supreme Commercial Courts famously voided a dispute resolution clause, which entitled only one of the parties to choose between arbitration and litigation. Now the Russian courts have to decide whether to enforce a clause, which provides that the buyer should submit all its claims to arbitration, while the supplier should litigate any […]
Boeing companies v Open Joint-Stock Company S.P. Korolev Rocket and others, UNCITRAL Arbitration, 11 October 2010
Petrobart Ltd. v the Kyrgyz Republic, SCC Arbitration (No. 126:2003) Award dated 29 March 2005 Petrobart Ltd. v Kyrgyz Republic, UNCITRAL Arbitration, Award dated 13 February 2003
Sergei Paushok v Government of Mongolia, UNCITRAL Arbitration, Award 28 April 2011
A major CIS-related telecom arbitration may be initiated soon. Shareholders of Vimplecom, a major Russian mobile phone operator, dispute the proposed merger of VimpelCom and WIND TELECOM S.p.A., which controls a leading Italian telecom provider. If the deal is approved at the general meeting of shareholders, the venture will be the world’s sixth largest mobile […]
Connect
Connect with us on the following social media platforms.