Yukos shareholders win the latest round against Russia

November 1, 2023

Former shareholders in Yukos, represented by Jonathan Crow KC, have won the latest round in their long-running battle to enforce a $50+ billion arbitration award against the Russian Federation.  The Commercial Court held that issue estoppel based on a foreign judgment was available for the purpose of deciding whether Russia had agreed in writing to submit to arbitration the disputes that were subject of the award.

Download the judgment.