Why Hague Court cancelled arbitration decision between Yukos and Russia?

Dispute resolution in Lithuania

Senior associate Rimantas Daujotas contributed an article “Why Hague court canceled arbitration decision between Yukos and Russia for 50 milliard USD?”

2016-04-20 Hague district court accepted the Russian Federation complaint and let them not pay the compensation to nationalized energy company’s Yukos shareholders. This Hague court decision is particularly important to correctly interpret the Energy Charter Treaty and international agreements validity principles.

You can read the full article here (only in Lithuanian).

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