Cleary Gottlieb client Russia wins appeal against $50bn Yukos award
The District Court of the Hague has overturned a $50bn arbitral award against the Russian Federation in a long-standing dispute with the shareholders of oil company Yukos. The claimants’ lawyers from Shearman & Sterling and Dutch firm De Brauw Blackstone Westbroek said the court had “incorrectly applied” Russian law provisions and articles of an international […]