Region: Russian Federation

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

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

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

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

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

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

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

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

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

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