: :inin Kyiv (EET)

Crimea-related arbitral award annulled for lack of ratione temporis jurisdiction

On 30 March 2021, the Paris Court of Appeal annulled a 1.1 billion US dollars award against Russia in favour of the Ukrainian state-owned bank Oschadbank for the expropriation of its assets in Crimea. The Court found that the Oschadbank’s investments did not fall within the temporal scope of the Russia-Ukraine 1998 BIT, and therefore […] …read more

Source:: CIS Arbitration Forum


Share This

Share this post with your friends!