Ukraine asks the High Court to weigh 172 million dollars

By Lauren Berg (July 8, 2022, 9:30 p.m. EDT) – Ukraine has asked the United States Supreme Court to weigh a DC Circuit decision enforcing a $172 million arbitration award to a Russian oil company, claiming the High Court must unravel a divided circuit and decide whether foreign award confirmation suits can be launched on inconvenient forum grounds.

The merits of the award given to Russian oil company Tatneft are not the focus at this stage, but rather where the company should enforce the award, Ukraine said in its High Court docket application Wednesday, arguing that the Second Circuit considers that the doctrine of forum non conveniens can…

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Melvin B. Baillie