Ukrainian Investors' Claims Against Russia Pass First Hurdle
By Caroline Simson (March 9, 2017, 4:53 PM EST) -- Russia will face expropriation claims in the Permanent Court of of Arbitration brought by Ukraine's largest commercial bank and the operator of a private airport after the larger nation annexed the Crimean Peninsula in 2014, Law360 learned on Thursday.
A tribunal in the Netherlands-based dispute resolution body determined on Feb. 24 that it has jurisdiction to hear both claims, according to a person with knowledge of the situation.
It's believed to be the first time that a tribunal has determined that a bilateral investment treaty is applicable to an occupying state in unrecognized possession of occupied territory. In these cases, the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!