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Investment Arbitration in Russia under the 2020 Investment Law

06/09/2020 by Aceris Law LLC

New Russian foreign investment law

Russia has participated in several major investment arbitration cases, including the largest arbitration award ever, the so-called Yukos arbitration. However, when it realized that bilateral investment treaties (BIT’s) may have serious ramifications, most traditional investment treaty work was suspended. The newest Russian BIT, signed with Palestine, dates back to 2016. Most existing Russian BITs date […]

Filed Under: Russia Arbitration

Russian Sanctions and Arbitration: Analysis of New Russian Law Transferring Exclusive Jurisdiction to State Courts

11/07/2020 by Aceris Law LLC

Russian Ant-Arbitration Injunctions

Six years after the introduction of Russian sanctions by the United States and the European Union, the Russian Parliament has adopted a new law to allow sanctioned Russian entities to avoid arbitration. Arbitrations against companies and individuals targeted by Russian sanctions have today been transferred to the exclusive jurisdiction of Russian State Courts by a […]

Filed Under: Russia Arbitration

Инвестиционные споры с участием России

28/03/2019 by Aceris Law LLC

Несомненно, самыми известными инвестиционными спорами с участием России являются дела бывших акционеров ЮКОСа, рассмотренные арбитражем ad hoc при Постоянной палате третейского суда в Гааге.[1] Сейчас они находятся на рассмотрении Апелляционного суда Гааги и остаются одной из главных тем для обсуждения в арбитражной среде. При этом другие акционеры компании продолжают разбирательства в рамках так называемой “второй […]

Filed Under: Investment Arbitration, Russia Arbitration

William Kirtley Discusses Enforcement of SCC Arbitration Award against Gazprom with Russian Newspaper Novaya Gazeta

01/11/2018 by Aceris Law LLC

  As explained by international arbitration lawyer William Kirtley in the Russian-language article, the use of international arbitration is quite standard to resolve international disputes involving the gas industry. SCC arbitration in particular is commonly used to resolve disputes involving countries of the former Soviet Union. Since Naftogaz received an arbitration award in its favour […]

Filed Under: About Aceris, Russia Arbitration, SCC Arbitration, Switzerland Arbitration

Arctic Sunrise Arbitration (PCA case 2014-02) – Russia to pay €5.4 million in damages

01/08/2017 by Aceris Law LLC

Arctic Sunrise Arbitration

On 10 July 2017, a PCA Arbitral Tribunal seated in The Hague rendered its award on compensation in another politically sensitive arbitration between Russia and the Netherlands (also known as the “Arctic Sunrise Arbitration”). The PCA Tribunal ordered Russia to pay €5.4 million in damages to the Netherlands for the capture and detention of a […]

Filed Under: International Arbitration, Netherlands Arbitration, PCA Arbitration, Public International Law, Russia Arbitration

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