The Wintershall Dea Saga is continuing and in its “third round” now. This time, the geographical scope is further expanded, and old problems are addressed with a renewed strategy. We have already covered the development that Russian courts have awarded claims of more than EUR 7.5bn against counsel, arbitrators and Wintershall Dea itself (read more […]
Category: Investment Arbitration
Arbitrator biased: Paris CoA sets aside investment treaty award due to arbitrator’s firm’s published “no-Russia” policy and media likes
Cour d’appel de Paris, France, 15 January 2026, RG 22/19397
Introduction: On 15 January 2026, the Paris Court of Appeal (Cour d’appel de Paris, Pôle 5 – Chambre 16) issued a decision annulling a partial arbitral award rendered under the auspices of the Permanent Court of Arbitration (PCA, Case No. 2019-34). The dispute involves the expropriation of Crimean real estate assets following Russia’s occupation of […]
Russian Court issues injunction against Claimant, Arbitrators and Counsel in Energy Treaty dispute
Russia acts not only against foreign parties, but also against counsel and arbitrators
On 29 April 2025, the Moscow Arbitrazh Court (Case Number: А40-92702/25-56-674) granted a motion applied for by the General Prosecutor’s Office of the Russian Federation for interim relief, ordering the suspension of all arbitration procedures in the case of Wintershall Dea GmbH v. Russian Federation. The order applies until the court issues a final ruling […]
The Yukos Saga Took Another Twist
On the 18th of February, the Court of Appeal in The Hague reversed the lower court’s decision annulling the award rendered against the Russian Federation in the Yukos case. The award ordering the Russian Federation to pay more than USD 50 billion is therefore revived. Background. In July 2014, a PCA tribunal ordered Russia to pay […]