Legal News

Paris Court of Appeal set aside investment arbitral award for lack of jurisdiction ratione temporis (Russia v Oschadbank)

Paris Court of Appeal set aside investment arbitral award for lack of jurisdiction ratione temporis (Russia v Oschadbank)
Published on: 09 April 2021
Published by: LexisPSL
  • Paris Court of Appeal set aside investment arbitral award for lack of jurisdiction ratione temporis (Russia v Oschadbank)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?
  • Case details

Article summary

Arbitration analysis: On 30 March 2021, the Paris Court of Appeal set aside a Crimea-related bilateral investment treaty (BIT) award, holding that the tribunal had wrongly upheld its jurisdiction ratione temporis. The Russia-Ukraine BIT expressly provides that it applies only to investments made after 1 January 1992. According to the court, Oschadbank was already operating in Crimea before that date. Written by Ekaterina Grivnova, Juriste-doctorante at Allen & Overy (Paris). or take a trial to read the full analysis.

Popular documents