SINGAPORE 22 September 2026 Veteran Yukos Hulley

Court of Appeal of the Republic of Singapore, 22 September 2026

(The Russian Federation v. Veteran Petroleum Ltd, Yukos Universal Ltd, Hulley Enterprises Ltd)

 

22 - 09 - 2026

SINGAPORE 22 September 2026 Veteran Yukos Hulley

Jurisdiction Singapore
Summary

The Court confirmed on appeal the finding of the Singapore International Commercial Court (Singapore 2026-5) dismissing Russia’s immunity claims based on transnational issue estoppel in the Yukos shareholders’ enforcement case.

Related topics
105

The court discusses issues relating to the quality of the parties, as physical or legal persons against whom enforcement of an arbitral award is sought, including the incapacity of a State to enter into an arbitration agreement, and questions relating to sovereign immunity. For the related defenses to enforcement, see Art. V(1)(a).

"Persons, whether physical or legal" (paragraph 1) (including sovereign immunity)
SINGAPORE 22 September 2026 Veteran Yukos Hulley