Yukos Affair: Can Germany Seize Assets from the Russian Federation?

Overview


Dr. Sabine Konrad was pictured and quoted in this Russian language article released by a German public news network concerning the Hague Court of Arbitration’s $50 billion award to investors for the Russian government’s expropriation of Yukos energy company assets. The article discusses whether Russia will comply, and what options are available to German investors. Dr. Konrad said regarding compliance, “In fact, states that respect the law do just that. Even Venezuela, which does not have the best image from a legal point of view, has agreed to pay arbitration awards.”