Eric De Brabandere on payment Russia to Yukos shareholders
Russia is required to pay billions of dollars to shareholders of Russian oil company Yukos. This was decided by the appeals court in The Hague.
The decision concerns a payment because the company was seized by the Russian authorities in 2006 and went bankrupt. The total amount at stake is around 50 billion dollars.
In British magazine The Economist (€) Professor of International Dispute Settlement Eric De Brabandere comments on the Court’s decision.