Russia Appeals to Block $60B Yukos Award Enforcement, Citing State Immunity

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The shareholders are also fighting sovereign immunity claims from Russia in a parallel legal battle in the U.S.

Russia is represented by Vernon Flynn KC of Brick Court Chambers and Mark Wassouf, Cameron Miles, and Maud Mullan of 3 Verulam Buildings, instructed by Pinna Goldberg.

The investors are Jonathan Crow KC of 4 Stone Buildings and David Peters KC and Naomi Hart of Essex Court Chambers, instructed by Stephenson Harwood LLP.

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The case is The Russian Federation v. Hulley Enterprises Ltd. and others, case number CA-2023-002278, in the Court of Appeal.