Region: Russian Federation

Russian investor threatens treaty claim against South Africa

A Russian-owned company has threatened to bring a treaty claim against South Africa over an investment in a US$400 million mine, alleging it was defrauded of mining rights by a local businessman in collaboration with government officials.

24 August 2021

Russia on the hook again over Yukos

A Geneva-seated tribunal has reportedly ordered Russia to pay US$5 billion to a former affiliate of Yukos, in one of the second wave of treaty claims filed over the oil company’s collapse.

28 July 2021

Discovery order for Baltic treaty claim upheld

A US appeals court has upheld an order requiring consulting firm AlixPartners and its CEO to produce evidence in aid of a Russian fund’s investment treaty claim against Lithuania – concluding that the arbitration is a proceeding before a foreign tribunal for the purposes of US discovery law.

16 July 2021

Sberbank escapes conspiracy claims in London

The Commercial Court in London has refused to hear conspiracy claims worth US$300 million against Russia’s largest bank – a dispute over an insolvent refinery that has also given rise to an LCIA arbitration.

08 July 2021

Russia can present new evidence in Yukos challenge

A Canadian appeal court has ruled that Russia can submit new evidence in its bid to set aside a jurisdictional award in a US$700 million Energy Charter Treaty case brought by a Yukos investor.

07 July 2021

Sanctioned Russian entity fails to restrain SCC case

The Russian Supreme Court has refused to restrain a Stockholm Chamber of Commerce arbitration on the basis of recent legislation providing for the exclusive jurisdiction of Russia’s courts over disputes involving sanctioned Russian parties.

14 June 2021

Turkish gas buyer loses challenge to Gazprom price review award

A Turkish state-owned energy company has failed to set aside an award favouring Gazprom’s exports arm in a gas price review arbitration at the Stockholm Chamber of Commerce – as challenges to awards in similar cases continue in the Swedish courts.

10 June 2021

Russian state lawyer returns to Moscow firm

Olga Tsvetkova has left the Russian Ministry of Justice to rejoin Moscow-based firm Egorov Puginsky Afanasiev & Partners as counsel and co-head of its international arbitration group.

02 June 2021

Ukrainian state entity puts Russia on notice of Crimea claim

Ukraine’s national nuclear energy company has notified Russia of its intention to file a US$100 million treaty claim over the expropriation of a wind farm in Crimea.

28 May 2021

The "uncomfortable squeeze" of sanctions

In a keynote for GAR Connect Moscow, LCIA director general Jacomijn van Haersolte-van Hof discussed the pressure sanctions and the heightened regulatory framework put on arbitrators, as they strive to maintain their independence and impartiality and deliver justice.

21 May 2021

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