PCA Holds Merits Hearing In Real Estate Investment Arbitration Against Russia

(October 26, 2017, 1:17 PM EDT) -- THE HAGUE, Netherlands — The Permanent Court of Arbitration (PCA) on Oct. 26 announced several updates in an arbitration commenced by real estate investors against the Russian Federation, noting that it recently held a hearing on the merits and that Russia has yet to participate in the case (Everest Estate LLC, et al.  v. The Russian Federation, No. 2015-36, PCA)....