PCA To Proceed Despite Russia's Failure To File Defense, Will Bifurcate

(January 6, 2016, 1:56 PM EST) -- THE HAGUE, Netherlands — After the Russian Federation objected to jurisdiction and failed to file a statement of defense to claims related to the operation of a passenger terminal at an airport, the Permanent Court of Arbitration (PCA) on Jan. 6 said it has decided to proceed and to bifurcate the issues of jurisdiction and admissibility in a preliminary procedure (Aeroport Belbek LLC and Mr. Igor Valerievich Kolomoisky v. The Russian Federation, No. 2015-07, PCA).

On Jan. 9, 2015, Aeroport Belbek LLC and Igor Valerievich Kolomoisky...
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