Deripaska company fails to revive Montenegro claim
Oleg Deripaska at the World Economic Forum (Credit: wikicommons/World Economic Forum)
As Russia’s Oleg Deripaska feels the bite of US sanctions, an ICSID annulment committee has rejected a bid by one of his companies to revive a €600 million investment treaty claim against Montenegro over an insolvent aluminium smelting plant – but a related treaty case filed by the oligarch personally continues.
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