Moscow Chief Arbitrator: Pugachev’s arbitration claim could be awarded as early as within six months

The president of the Moscow Court of Arbitration, and a member of the Expert Council of the State Duma of the Russian Federation, Alexey Kravtsov, stated in an interview with the Russian newspaper ‘Argumenty i Facty’ [translated: Arguments and Facts] that Sergei Pugachev stands a good chance to win his $12 billion compensation claim against the Russian Federation.

Kravtsov highlighted that “the decision could be handed down in six months”. He also noted that the court may hear the case “though the prism of bilateral relations”:

“Any arbitral court belongs to its founders, in this case – to the Chamber of Commerce of the Netherlands, which, in turn, belongs to the state”.