Yukos Capital S.à.r.l v. Russian Federation, PCA Case No. 2013-31
- >Claimant : Yukos Capital SARL
- >Nationality : Luxembourg
- >Respondent : Russian Federation
- >Procedural rules applied :
UNCITRAL (PCA)
- >Chair :
Campbell McLachlan
- >Arbitrator appointed by Claimant :
William Rowley
- >Arbitrator appointed by Respondent :
Brigitte Stern
- >Invoked instruments :
ECT
- >Articles mentioned :
Article 45 (6)
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, Article 45 (3)
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, Article 45 (2)
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, Article 45 (1)
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, Article 26 (2)
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, Article 26 (3)
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, Article 26 (4)
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, Article 26 (6)
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, Article 26 (8)
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, Article 17 (1)
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, Article 13 (1)
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, Article 13 (2)
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, Article 10 (7)
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, Article 1 (2)
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, Article 1 (5)
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, Article 1 (6)
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, Article 1 (7)
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, Article 1 (8)
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, Article 1 (9)
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, Article 1 (10)
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, Article 1
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, Article 2
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, Article 13
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, Article 17
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, Article 26
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, Article 32
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, Article 38
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, Article 39
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, Article 44
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, Article 45
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, Article 46
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>Breaches alleged :
- > Breaches alleged :
- >Breaches found :
(13.1) Expropriation
- >Case status :
Award rendered
- >Year of the award or agreement :
2021
- >Follow-on proceedings :
Pending national court decision on annulment
- >Year of registration :
2013
- >Subject matter of the dispute: Claims arising out of the Government’s alleged illegal expropriation of claimant’s investments in Yukos Oil Company
- >Amount claimed: USD 2,697,000,000 (loan principal) + contractual interest under loan agreement
- >Amount awarded: USD 2,630,706,272.17 + contractual interest under loan agreement
- >Valuation method: actual investment (loan principal + contractual interest under loan agreement)
- >Interest rate: RUB commmercial lending rate (3-month) + 1%; LIBOR (6-month) + 1%
- >Costs of arbitration: EUR 3,115,016.84
- >Award legal costs: Claimant was awarded USD 20,552,462.46
- >Award costs of arbitration: Costs follow the award
ARBITRAL DECISIONS
ANNULMENT PROCEEDINGS (INTERIM AWARD ON JURISDICTION)
