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)