(i) Stabil LLC, (ii) Rubenor LLC, (iii) Rustel LLC, (iv) Novel-Estate LLC, (v) PII Kirovograd-Nafta LLC, (vi) Crimea-Petrol LLC, (vii) Pirsan LLC, (viii) Trade-Trust LLC, (ix) Elefteria LLC, (x) VKF Satek LLC,(xi) Stemv Group LLC v. The Russian Federation
Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 1976
Why it matters
Stabil LLC (Private entity )Rubenor LLC (Private entity )Rustel LLC (Private entity )Novel-Estate LLC (Private entity )PII Kirovograd-Nafta LLC (Private entity )Crimea-Petrol LLC (Private entity )Pirsan LLC (Private entity )Trade-Trust LLC (Private entity )Elefteria LLC (Private entity )VKF Satek LLC (Private entity )Stemv Group LLC (Private entity ) v. The Russian Federation, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Stabil LLC, (ii) Rubenor LLC, (iii) Rustel LLC, (iv) Novel-Estate LLC, (v) PII Kirovograd-Nafta LLC, (vi) Crimea-Petrol LLC, (vii) Pirsan LLC, (viii) Trade-Trust LLC, (ix) Elefteria LLC, (x) VKF Satek LLC,(xi) Stemv Group LLC v. The Russian Federation. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
Summary
Stabil LLC (Private entity )Rubenor LLC (Private entity )Rustel LLC (Private entity )Novel-Estate LLC (Private entity )PII Kirovograd-Nafta LLC (Private entity )Crimea-Petrol LLC (Private entity )Pirsan LLC (Private entity )Trade-Trust LLC (Private entity )Elefteria LLC (Private entity )VKF Satek LLC (Private entity )Stemv Group LLC (Private entity ) v. The Russian Federation, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Stabil LLC, (ii) Rubenor LLC, (iii) Rustel LLC, (iv) Novel-Estate LLC, (v) PII Kirovograd-Nafta LLC, (vi) Crimea-Petrol LLC, (vii) Pirsan LLC, (viii) Trade-Trust LLC, (ix) Elefteria LLC, (x) VKF Satek LLC,(xi) Stemv Group LLC v. The Russian Federation. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
The detail
Parties: Stabil LLC (Private entity )Rubenor LLC (Private entity )Rustel LLC (Private entity )Novel-Estate LLC (Private entity )PII Kirovograd-Nafta LLC (Private entity )Crimea-Petrol LLC (Private entity )Pirsan LLC (Private entity )Trade-Trust LLC (Private entity )Elefteria LLC (Private entity )VKF Satek LLC (Private entity )Stemv Group LLC (Private entity ) v. The Russian Federation
Case number: 2015-35
Outcome: Status: Concluded
Applicable law: The applicable treaty, contract or arbitration rules; see the original.
Issues in play: Public international law / investment law
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