Skip to main content

Yukos Universal Ltd. (UK - Isle of Man) v. Russian Federation


Shearman & Sterling (E. Gaillard, Y. Banifatemi, P. Pinsolle) v. Cleary Gottlieb Steen & Hamilton LLP (R.T. Greig, C. Annacker)

Case registered


Forum & reference

Ad hoc UNCITRAL Arbitration Rules; arbitration administered by the Permanent Court of Arbitration (PCA) in The Hague


L. Yves Fortier (chair); Charles Poncet (replacing Daniel Price); Stephen Schwebel

Subject matter

Discriminatory measures and expropriation of investments

Status of proceeding

30.11.2009 - Interim Award on Jurisdiction and Admissibility rendered

18.07.2014 - Final Award rendered

20.04.2016 - Interim Award quashed by The Hague District Court

Currently, the Court of Appeal of The Hague is considering whether to reinstate the award.


USD 100 billion (total amount of compensation sought for disputes 6, 7, 8 -



District Court Decision