Investor Lawsuits Against States: How Russian Oligarchs Sue Governments
TL;DR
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Investors are using protection agreements to sue states before private arbitration tribunals, leading to claims of billions of US dollars. Since 2022, Russian oligarchs have filed 23 lawsuits against EU states, referencing sanctions and demanding over $42 billion. The EU plans measures to prevent the recognition and payment of these judgments.
Source: taz.de
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