Court dismisses appeal where Russia was allowed to introduce new evidence

By Anosha Khan (June 2, 2023, 4:42 PM EDT) -- The Ontario Court of Appeal has dismissed an appeal against Russia brought by a Cyprus company. Both parties engaged in arbitration in the province where the tribunal found it had jurisdiction to hear matters concerning the company’s claim where it was seeking US$701 million in damages for Russia allegedly not adhering to a United Nations treaty. ...