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7/2/2025, 4:54:59 AM
there is no coming back from this.
>On December 7, 2022, it became known that the Paris Court of Cassation upheld the decision of the international arbitration court to recover over $1.1 billion from the Russian Federation in favor of Oschadbank. The case was sent for reconsideration to the Court of Appeal, which on July 1, 2025 agreed with the conclusions of the Court of Cassation and recognized the competent international arbitration to consider the case. "In addition, he rejected the complaints of the Russian Federation regarding the violation of interstate law and order, the failure of the arbitration court to fulfill its duties and the existence of reasonable doubts about the independence and impartiality of one of the arbitrators," the communique clarifies.
>After the first decision of the Court of Appeal in 2021, Mikhail Galperin, then Deputy Minister of Justice of the Russian Federation at the European Court of Human Rights, called it a precedent case for a number of "Crimean" cases totaling more than $13 billion.
>On December 7, 2022, it became known that the Paris Court of Cassation upheld the decision of the international arbitration court to recover over $1.1 billion from the Russian Federation in favor of Oschadbank. The case was sent for reconsideration to the Court of Appeal, which on July 1, 2025 agreed with the conclusions of the Court of Cassation and recognized the competent international arbitration to consider the case. "In addition, he rejected the complaints of the Russian Federation regarding the violation of interstate law and order, the failure of the arbitration court to fulfill its duties and the existence of reasonable doubts about the independence and impartiality of one of the arbitrators," the communique clarifies.
>After the first decision of the Court of Appeal in 2021, Mikhail Galperin, then Deputy Minister of Justice of the Russian Federation at the European Court of Human Rights, called it a precedent case for a number of "Crimean" cases totaling more than $13 billion.
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