Judge Lifts Stay On Bid To Enforce $57B Award Against Russia, Citing Ukraine War

Mealey's (April 15, 2022, 12:37 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on April 13 denied the Russian Federation’s motion to extend a stay on a group of shareholders’ petition to enforce arbitral awards worth more than $57 billion pending its appeal in the Netherlands, citing “concerns about asset liquidation in the wake of the Russian Federation’s war against Ukraine” and recent D.C. Circuit precedent on sovereign immunity....

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