A recent D.C. Circuit ruling that Spain must comply with $395 million in arbitration awards awarded to Yukos Oil’s financing arm undermines the company’s $5 billion claim against Russia because the country, unlike Spain, never ratified the international treaty on which the court relied, Russia told the D.C. District Court.
Russia Says DC Circ. Ruling Erodes $5B Award To Yukos
by usoftax_admin | Sep 9, 2024 | Tax News