Court Finds Jurisdiction Over Russia In $218M Award Case For Crimean Expropriation

( April 18, 2025, 12:52 PM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on April 17 denied the Russian Federation’s motion to dismiss a Ukrainian electricity company’s petition to confirm a Permanent Court of Arbitration (PCA) award worth more than $218 million for an expropriation of its Crimean investments and denied Russia’s motion to stay litigation pending its Dutch appeal....