Senator Yevgeny Tarlo has asked the Constitutional Committee of the parliament to ‘determine who, and on what basis, asked a foreign law firm to accept the jurisdiction of some obscure Hague Arbitration Court, created, perhaps, especially for this case’. The case was an arbitration in the Hague’s Permanent Court of Arbitration, decided in July, between former shareholders in oil giant Yukos and the Russian government.
Shearman & Sterling
Russia was ordered to pay £60m of the fees of Shearman & Sterling which had been brought into the case by shareholders in Yukos. The firm’s total fees were $80m and Russia was ordered to pay 75% of them. Senator Tarlo also called on the committee to examine how foreign firms were paid in the case. Source: Moscow Times
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