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 […]
Category: Investment Arbitration
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 […]