The hearing will be held July 12-14.
International court of arbitration in the Hague continues a lawsuit brought by businessman Igor Kolomoisky and LLC Airport “Belbek (Crimea) to Russia, despite the non-participation of the defendant.
According to a press release of the arbitration, claimants provide the answers to the questions of the arbitral Tribunal already determined the date of the hearing on jurisdiction and admissibility.
The hearing will be held simultaneously with the hearing on the case of PrivatBank and OOO Financial company Vinylon against Russia 12-14 July 2016.
Earlier, the arbitral Tribunal, inter alia, decided that the proceedings would continue, despite the failure of the defendant statement of defence. The arbitral Tribunal also decided to continue hearing the case on the basis of bifurcated proceedings and to address issues of jurisdiction and admissibility in the preliminary procedure.
In the case of PrivatBank and genkompanii “Vinylon” against Russia, which was considered by the same Tribunal, the responses of Russia also have not been received.
As reported, the company sought redress for loss of property that belonged to them before the annexation of Crimea.The amount of damage on the first five claims is estimated at $ 1.2 billion.