Sedelmayer v. Russia Mr. Franz Sedelmayer v. The Russian Federation
Russian Federation
Property rights in joint stock company engaged in the delivery of law enforcement equipment and relevant training.
Claims arising out of the alleged confiscation of the investor's property as a result of certain directive issued by the President of the Russian Federation ordering transfer of the claimant's assets to a state agency.
Tertiary: N - Administrative and support service activities
80 - Security and investigation activities
SCC (Stockholm Chamber of Commerce)
SCC (Stockholm Chamber of Commerce)
Magnusson, S.
Wachler, J. P.
Zykin, I. S.
Decided in favour of investor
Dissenting Opinion of Arbitrator Prof. Ivan S. Zykin (Arbitration Award)
7.60 mln USD
2.30 mln USD
Direct expropriation
Direct expropriation
Judicial review by national courts
Judicial review by national courts
Award/decision upheld