Oschadbank v. Russia Oschadbank v. Russian Federation (PCA Case No. 2016-14)
Russian Federation
Ownership of a bank branch in Crimea.
Claims arising out of alleged seizure of a branch of Oschadbank in Crimea following the annexation of this territory by the Russian Federation in 2014.
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
PCA (Permanent Court of Arbitration)
Williams, D. A. R.
Brower, C. N.
Perezcano Diaz, H.
Decided in favour of investor
Award dated 26 November 2018
15000.00 mln UAH (680.00 mln USD)
1111.30 mln USD
Direct expropriation
Direct expropriation
Judicial review by national courts
Judicial review by national courts