Crimea occupation: Hague tribunal to seek jurisdiction in case Kolomoysky vs. Russia

19:08 Aug. 29, 2016

Hague tribunal to seek jurisdiction in case Kolomoysky vs. Russia

Permanent Court of Arbitration, Hague, Netherlands (AP Photo)

Russian Federation boycotts court hearings

On August 29, Permanent Court of Arbitration in Hague started reviewing the case of Ukrainian businessman Igor Kolomoisky, PrivatBank, Aeroport Belbek LLC, PJSC Ukrnafta and Stabil JSC against the Russian Federation. The claimants submit that the Russian Federation breached its obligations under the Ukraine-Russia BIT by taking, as of February 2014, measures that deprived the claimants of their property, contractual and other rights to operate a passenger terminal for commercial flights at the Belbek Airport in Crimea.

Read more Hague tribunal to address Ukraine case against Russia only after war - Ukraine minister

The court is currently reviewing whether it has jurisdiction in the case and whether assets of claimants in the illegally occupied Crimea constitute an investment. Russian Federation disputes the jurisdiction of the court and does not send its representatives to the court hearings. 


comments powered by Disqus


Business11:40 Oct. 19, 2016
Poland initiates new talks on supplying helicopters to army
Business10:02 Oct. 12, 2016
Construction of Turkish Stream to kick-off in 2018
Business17:36 Oct. 11, 2016
Airbus left fuming as Poland hands helicopter deal to Lockheed - Bloomberg
Business11:09 Oct. 11, 2016
Ukraine becomes global leader in flour exports
Business13:10 Oct. 6, 2016
Made in Ukraine: Belgian cheese
Subscribe to receive regular email updates about Ukraine and Eastern Europe