A Dutch court has overturned a $50 billion award against Russia over its break-up of oil firm Yukos, prompting the company’s former CEO to accuse judges of playing politics.
The District Court in The Hague said on Wednesday (20 April) that the Permanent Court of Arbitration, also in the Dutch capital, was wrong when it ruled, in 2014, that former Yukos shareholders could seek damages under the Energy Charter Treaty.
The treaty was designed to protect international investors in th...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.