Law360 (September 2, 2020, 6:38 PM EDT) — A D.C. federal court on Wednesday allowed Russia to file an extra reply to former Yukos Oil Co. shareholders, in which it insists proposed clarifications to a treaty justify an ongoing stay in litigation to enforce $50 billion in arbitral awards against the Kremlin.
The former shareholders argued last month that debates among Energy Charter Treaty signatory nations over the treaty’s modernization are strictly forward-looking, and therefore won’t have any impact on the 1994 text of the treaty relevant to this case.
But Russia called this argument “baseless” in its proposed reply dated on Saturday, citing statements by ECT officials that changes…
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!