2015
Ukrnafta v. Russia PJSC Ukrnafta v. The Russian Federation (PCA Case No. 2015-34)
Russian Federation
Ukraine
Ownership of 16 petrol stations in the region of Crimea.
Claims arising out of the alleged expropriation of petrol stations in Crimea following the 2014 Russian annexation of that territory.
Tertiary: G - Wholesale and retail trade; repair of motor vehicles and motorcycles
47 - Retail trade, except of motor vehicles and motorcycles
UNCITRAL
PCA (Permanent Court of Arbitration)
Kaufmann-Kohler, G.
Price, D. M.
Stern, B.
Decided in favour of investor
Award on Jurisdiction dated 26 June 2017
Final Award dated 12 April 2019
50.30 mln USD
44.50 mln USD
Direct expropriation
Direct expropriation
Judicial review by national courts
Judicial review by national courts
Judicial review by national courts
Award/decision upheld
Judicial review by national courts
Award/decision upheld
http://www.iareporter.com/articles/a-second-uncitral-arbitral-tribunal-is-constituted-to-hear-crimea-claims-against-russia-as-tribunal-selection-begins-in-three-further-cases/ (requires subscription)
http://globalarbitrationreview.com/news/article/34042/hughes-hubbard-quinn-emanuel-russia-crimea/ (requires subscription)
http://www.pcacases.com/web/view/121
http://www.iareporter.com/articles/russia-claims-round-up-swiss-company-is-latest-to-invoke-investment-treaty-rights-against-russian-federation/ (requires subscription)
http://www.ukrnafta.com/en/media/press_releases/show/109
http://www.pcacases.com/web/sendAttach/2184
http://globalarbitrationreview.com/article/1143949/more-crimea-claims-clear-threshold (requires subscription)
https://www.iareporter.com/articles/an-update-on-disputes-under-the-russia-ukraine-bit/ (requires subscription)
https://www.iareporter.com/articles/russia-set-aside-round-up-swiss-court-rules-that-russia-does-not-need-to-post-security-for-costs-as-it-seeks-to-set-aside-crimea-bit-award-set-aside-applications-continue-in-first-and-second-wave-yu/ (requires subscription)
https://www.iareporter.com/articles/in-now-public-decisions-swiss-federal-tribunal-clarifies-reasons-for-dismissing-challenges-to-two-crimea-related-investment-treaty-awards-against-russia/ (requires subscription)
https://www.iareporter.com/articles/as-russia-is-held-liable-in-two-new-bit-cases-and-ordered-to-pay-upwards-of-100-million-we-round-up-developments-in-crimea-related-arbitrations/ (requires subscription)
https://globalarbitrationreview.com/article/1190269/russia-ordered-to-pay-for-petrol-stations-seized-in-crimea (requires subscription)
https://www.ukrnafta.com/en/ukrnafta-defeats-russian-federation-in-an-international-arbitration-tribunal
https://globalarbitrationreview.com/article/1212232/russia-fails-to-overturn-crimea-awards (requires subscription)