Arbitral Tribunal in the proceedings between “savings” and Russia by assets in Crimea

Сформирован арбитражный трибунал в разбирательстве между "Ощадбанком" и РФ по активам в Крыму

Arbitral Tribunal in the proceedings between “savings” and Russia by assets in Crimea, the press service of the Bank.

The arbitrators are judge Charles N. Brower, appointed “Oschadbank”, Mr. Hugo Diaz Perezcano assigned certain special Arbitration court by the competent authority due to the lack of the Russian Federation of actions for the appointment of a judge in a timely manner, and Mr. David A. R. Williams (Royal Advisor) appointed with the consent of two aarbitral.

We will remind, in January the state “Oschadbank” filed a message about the arbitration against Russia for the purpose of economic protection and restoration of their lost in the Crimea investment, the Bank lost $ 670 million, as a result of the annexation of the Crimea.

Source