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Hulley Enterprises Ltd. (Cyprus) v. Russian Federation

Counsel

Shearman & Sterling (E. Gaillard, Y. Banifatemi, P. Pinsolle) v. Cleary Gottlieb Steen & Hamilton LLP (R.T. Greig, C. Annacker)


Case registered

03.02.2005


Forum & reference

Ad hoc UNCITRAL Arbitration Rules; arbitration administered by the Permanent Court of Arbitration (PCA) in The Hague


Arbitrators

L. Yves Fortier (chair); Charles Poncet (replacing Daniel Price); Stephen Schwebel


Subject matter

Discriminatory measures and expropriation of investments


Status of proceeding

30.11.2009 - Interim Award on Jurisdiction and Admissibility rendered

18.07.2014 - Final Award rendered

20.04.2016 - Interim Award quashed by The Hague District Court 

Currently, the Court of Appeal of The Hague is considering whether to reinstate the award.


Claim

USD 100 billion (total amount of compensation sought for disputes 6, 7, 8 - www.globalarbitrationreview.com)


Award

Award

District Court Decision