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Dispute Resolution 2010

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Award levelHighly commended
InnovationUsing the Energy Charter Treaty (ECT) for energy investors in Russia
Originality6
Rationale7
Impact6
Total19
DescriptionEstablished that Russia is bound by the ECT without ratifying it. This enables the former shareholder of Yukos Oil to pursue its $98bn expropriation claim, and permits all pre-October 2009 foreign investors to bring claims against Russia