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621. In summary therefore, the Tribunal considers that the totality of Respondent’ steps were being structured in such a way to eliminate Yukos’ assets from the control of the company and the folks connected to Yukos. They have to be found as things from the cumulative treatment method of Yukos for what seems to are actually the intended intent. The Tribunal, in examining the various alleged breaches on the IPPA, even when the justification of a specific unique measure may be arguable being an admissible software on the applicable legislation, considers this cumulative outcome of All those many actions taken by Respondent in regard of Yukos is applicable to its final decision underneath the IPPA. An illustration is, as Claimant has identified, that despite acquiring applied practically similar tax structures, no other Russian oil organization was subjected to precisely the same relentless and rigid assaults as Yukos. In the watch from the Tribunal, they're able to only be recognized as techniques underneath a common denominator inside a pattern to demolish Yukos and achieve control in excess of its property. 622. The Tribunal now turns towards the assessment of the criteria furnished in Post 5(1) IPPA. In this particular regard, the Tribunal, devoid of repeating them, refers to the in depth arguments by equally Get-togethers summarized earlier mentioned With this Award on the different components of the alleged using as well as the Tribunal’s respective responses. 623. A evaluate constitutes an expropriation if it's the result of a substantial deprivation of property forming all or a cloth Element of the investment decision, and In the event the measure is attributable to Respondent. Whether it is an expropriation, it really is lawful if the requirements set forth in Report 5 IPPA are complied with. 624. During this context, the Tribunal has taken note in the functions’ solutions on the Tribunal’s Concerns three.four and 3.6 of PO-5. The Tribunal shares Respondent’s watch that the phrase "measures obtaining effect equivalent to nationalisation or expropriation" addresses indirect expropriation, but without dispensing Along with the need of a substantial or total deprivation of (i) the economic price of an financial commitment (as Claimant articulated the normal with the Listening to), (ii) elementary possession legal rights, in particular, Charge of an ongoing small business, or (iii) deprivation of genuine expenditure-backed expectations.

Ремонт кирхи королевы Луизы будет продолжен в Калининграде

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three.8. Should really the Events be presenting a witness or professional not testifying in English and so requiring interpretation, They can be expected to supply the interpreter Until agreed normally.

От причала Коломенское начинается круговой прогулочный маршрут по Москве-реке, его тоже приведут в порядок. Причальную площадь реконструируют.

three.seven Concerning the Participation Agreements, what's the relevance of Big apple regulation because the governing regulation, of Russian regulation and of Global legislation, especially the IPPA, for the problems to get determined by the Tribunal in the, existing situation?

3. Posting 5.1 of the UK-Soviet Little bit expresses the settlement of the uk along with the USSR that investments shall not be expropriated, except for a intent in the general public curiosity that is not discriminatory and towards the payment of prompt and efficient payment.

"Настало время провести вторую волну благоустройства и реабилитации больших московских парков.

Глава Минстроя РФ посетит подтопленные районы Оренбуржья

• "The District Courtroom is in the feeling which the class of affairs as represented... can only bring on the summary that the way through https://rosinvest.com which the additional tax assessment owed by Yukos Oil, and the scale thereof,ws assessed initially via the Russian Tax Authorities and subsequently from the tax court docket simply cannot stand the exam of criticism.

Documents [ ] exhibit that Claimant to start with turned the useful proprietor of your Yukos shares in 2007, long soon after these proceedings had been commenced and only months prior to completion of Yukos’ liquidation in bankruptcy proceedings. Always before 2007, the not long ago created files clearly show the beneficial operator on the Yukos shares to are a minimal partnership established inside the Cayman Islands, a jurisdiction not lined by the UK-Soviet BIT.

В этом году работы пройдут в Парке Горького, Сокольниках и музее-заповеднике ...

Even though the auction of almost all of Yukos’ shareholding in OAO Yuganskneftegaz ("YNG’’)—the centerpiece of Claimant’s assert—passed off a few days immediately after Claimant’s December 2004 buy of Yukos shares, most of the Russian Government’s conclusions relating to that auction had Also been taken beforehand, and were being As a result also faits accomplis.

b. the arbitration expenditures (Posting 39 SCC Arbitration Rules) shall be borne in equivalent shares among https://rosinvest.com the Claimant on just one side and also the Respondent on one other facet.

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