PCA Issues Jurisdictional Award In Treaty Arbitrations Against Russia

(March 10, 2017, 8:30 AM EST) -- THE HAGUE, Netherlands — The Permanent Court of Arbitration (PCA) on March 9 announced that it has issued an interim award in two cases in which investors assert claims against the Russian Federation for violation of a bilateral investment treaty, ruling on issues of jurisdiction and admissibility (PJSC CB PrivatBank, et al. v. Russian Federation, No. 2015-21, PCA)....