UK High Court of Justice upholds final award on $5 bln damages caused to Naftogaz due to seizure of its assets in Crimea by Russia

Naftogaz, together with five companies of the Naftogaz Group, has secured an order from the High Court of Justice of England & Wales recognizing its $5 billion final award on damages (including interest) against Russia, as well as the underlying partial award on jurisdiction and liability, on December 5, 2023.

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