For justice and compensation. Ukraine takes Russia to the international courts. OSW Commentary NUMBER 271 | 11.06.2018
Journal: Archive of European Integration (AEI) (University of Pittsburgh)
Year: 2018

On 2 May, the Permanent Court of Arbitration based in The Hague passed a ruling in a case brought by a group of Ukrainian companies and one individual against the Russian Federation. It unanimously granted their claims to the assets lost as a consequence of the annexation of Crimea and imposed an obligation on the Russian side to pay US$159 million in compensation. This verdict is the first to have been delivered in a number of cases brought by Ukrainian private companies and the Ukrainian state