21 March 2022
Are We in for a New Wave of Investment Arbitrations?
In response to the sanctions imposed on Russia, the country has doubled-down and announced a set of retaliatory measures affecting investors from ‘unfriendly’ countries. The scale of potential losses foreign investors face in Russia is probably the largest since the aftermath of the revolution in 1917, which saw mass nationalization and Russia’s default on the foreign debt. However, the legal landscape protecting foreign investors has significantly changed since 1918. Consequently, they have much better legal options today for redressing their financial losses.
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