UNITED KINGDOM 17 July 2026 Yukos Capital

High Court of Justice, Business and Property Courts of England and Wales, Commercial Court (KBD), 17 July 2026, Case No: CL-2023-000799

(Yukos Capital Limited (Formerly Yukos Capital S.A.R.L.) v. The Russian Federation)

17 - 07 - 2026

UNITED KINGDOM 17 July 2026 Yukos Capital

Jurisdiction United Kingdom
Summary

in the context of the action by which the claimant sought an order recognizing and enforcing a Swiss award rendered in an arbitration commenced pursuant to the Energy Charter Treaty, the High Court held that the Swiss decision setting the award aside did not give rise to transnational issue estoppel precluding the Russian Federation from denying that it agreed in writing to arbitration.

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)
UNITED KINGDOM 17 July 2026 Yukos Capital