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Russia Says DC Circ. Ruling Erodes $5B Award To Yukos

By David Hansen (September 9, 2024, 6:25 PM EDT) -- A recent D.C. Circuit ruling that Spain must comply with $395 million in arbitration awards awarded to Yukos Oil's financing arm undermines the company's $5 billion claim against Russia because the country, unlike Spain, never ratified the international treaty on which the court relied, Russia has told a D.C. federal court....

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