A procedural resolution on the case "PrivatBank and Finilon v. the RF"


The Arbitral Tribunal issued a procedural resolution, which established that the RF may submit their comments on the amount of damages and as to whether Privatbank be recognized as an investors, who made investments under the Agreement between the Government of Ukraine and the Russian Federation on Encouragement and Mutual Protection of Investments. The Tribunal rejected other motions of the RF, stating separately that the RF would have the right to state its objections to jurisdiction in a separate proceeding before The Hague Court of Appeal.

By its procedural resolution, the Arbitral Tribunal established that further public hearing in this case will be held from 17 to 21 May 2021.

September, 2019