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Privatbank and Finilon v. Russia

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Case Details

Year of Filing: 2015

Claimant(s): Privatbank and Finance Company Finilon LLC

Respondent(s): Russian Federation

Arbitral Rules: UNCITRAL and/or Ad-Hoc

Legal Instrument: Treaty

Treaty: Russia-Ukraine BIT

Administrative Case Number: PCA Case No. 2015-21

Arbitral Tribunal

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Counsel

Counsel for Claimant:

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Prior IAReporter Coverage of Privatbank and Finilon v. Russia

Russia round-up: An update on 19 treaty-based arbitrations against the state May 17, 2020
UPDATED: Privatbank announces that BIT tribunal has refused to reconsider its jurisdiction and liability award in Russia/Crimea case Sep 13, 2019
Russia held liable for expropriation of bank operations in billion dollar arbitration, as well as of airport Feb 15, 2019
An update on disputes under the Russia-Ukraine BIT Jul 6, 2017
In jurisdiction ruling, arbitrators rule that Russia is obliged under BIT to protect Ukrainian investors in Crimea following annexation Mar 9, 2017
Russia claims round-up: Swiss company is latest to invoke investment treaty rights against Russian Federation, as treaty claims mount Nov 3, 2015
First UNCITRAL arbitral tribunal is finalized to hear claim that Russia is liable for harm befalling investments in annexed Crimean peninsula Jul 14, 2015
A second UNCITRAL arbitral tribunal is constituted to hear Crimea claims against Russia, as tribunal selection begins in three further cases Jul 14, 2015