PCA To Hold Hearing On Jurisdiction In BIT Cases Filed Against Russia

(May 13, 2016, 9:19 AM EDT) -- THE HAGUE, Netherlands — A tribunal for the Permanent Court of Arbitration (PCA) on May 2 announced that it has scheduled a hearing on jurisdiction in two arbitrations filed against the Russian Federation in relation to the alleged seizure of petrol station operations (PJSC Ukrnafta v. the Russian Federation, No. 2015-34, PCA; (i) Stabil LLC, (ii) Rubenor LLC, (iii) Rustel LLC, (iv) Novel-Estate LLC, (v) PII Kirovograd-Nafta LLC, (vi) Crimea-Petrol LLC, (vii) Pirsan LLC, (viii) Trade-Trust LLC, (ix) Elefteria LLC, (x) VKF Satek LLC,(xi) Stemv Group...
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