The Hague Court of Appeal fixes the dates for oral hearing

22nd January 2019

(The Hague, 22 January 2019): Following the order of Court of Appeal in The Hague (“CoA”) dated 18 December 2018, wherein the CoA paved the course for the further conduct of the appeal proceedings, on 22 January 2019, the CoA fixed the dates for the oral hearings in this matter. The oral hearings shall be conducted before the CoA on 23 and 24 September 2019, with the date of 30 September 2019 reserved for rebuttal arguments and questions from the CoA.

Prior to this, by its ruling dated 18 December 2018, the CoA had fixed the dates of (i) 26 February 2019, for the former Yukos shareholders, Hulley Enterprises Ltd., Veteran Petroleum Ltd. and Yukos Universal Ltd. (“HVY”) to file comments and evidence relating to the Russian Federation’s arguments concerning HVY’s “unclean hands” and illegal conduct, including in relation to violations of public policy; and (ii) 25 June 2019, for the Russian Federation to file comments and evidence in response to the new documents submitted and arguments made by HVY.

This ruling was made in the aftermath of the CoA’s ruling dated 25 September 2018, wherein the CoA had rightly dismissed nearly all procedural objections raised by HVY against the scope of the Russian Federation’s Defence on Appeal dated 28 November 2017. As a result of this ruling, the Russian Federation’s arguments pertaining to the rampant illegalities of HVY and the Yukos Oligarchs controlling HVY and the illegitimacy of their alleged investments in the Russian Federation, are maintained within the scope of the ongoing proceedings before the CoA. On 23, 24 and 30 September 2019, the CoA shall hear the Parties’ oral arguments on these matters, together with the other arguments raised by the Russian Federation challenging the Permanent Court of Arbitration awards dated 30 November 2009 and 18 July 2014.



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