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.
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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)