Researches about Ukraine

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

CIS Arbitration Forum

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

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