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An insider’s view into the largest arbitration award in history
- caminante 11y agoGood luck collecting from the Russian state. Even the advocates find collection unlikely: When asked about the expectations of actually obtaining the award and the legal ramifications of the now-passed January 15 payment deadline, Gaillard said, “[...] [Enforcement] is typically very hard. [...] states have all sorts of immunities[.]" Update: Yeah. The $50B figure has been whittled down to $600M of unfrozen assets[1]. [1] http://www.ft.com/intl/cms/s/0/e95c3cd4-d87b-11e4-ba53-00144feab7de.html http://www.ft.com/intl/cms/s/0/e95c3cd4-d87b-11e4-ba53-00144...