March 2, 2026
The Commercial Court has handed down judgment in favour of the former majority shareholders of Yukos, allowing them to enforce against the Russian Federation what are reputed to be the largest arbitration awards ever made, amounting to over $66 billion (including interest).
Jonathan Crow CVO, KC and Guy Olliff-Cooper (together with David Peters KC and Naomi Hart at Essex Court Chambers) represented the successful claimants.
Read the judgment.
