Latest development Dec 6, 2024
The Dutch Supreme Court remanded the set-aside case to the Amsterdam Court of Appeal.
The award
- Amount awarded
- About $129M plus interest and costs
- Award holder
- Everest Estate LLC and about 17 other Ukrainian companies
- Respondent
- Russian Federation
- Forum
- PCA 2015-36 · Russia–Ukraine BIT · seat The Hague
Challenges
The Hague Court of Appeal upheld the award on July 19, 2022. On Russia’s appeal, the Dutch Supreme Court quashed that ruling on December 6, 2024 (ECLI:NL:HR:2024:1812) and remanded the case to the Amsterdam Court of Appeal, where it is pending.
Enforcement
Ukrainian court rulings in 2018–2019 (outcome not verified). No U.S. docket found.
Recovered to date
Not verified
Notes
The often-cited $150M figure is not confirmed.