Tag: Yukos
The term legal imperialism was coined in relation to the Argentina’s public debt. A New York court admitted a number of private claims to hand down a verdict. By a stroke of hand a judge increased the country’s debt up to $120 billion, according to experts’ estimates. The essence of legal imperialism is the support rendered by Anglo-Saxon legal system to financial vultures… The decision handed down by the Hague-based International Arbitration Court in the Russian oil giant Yukos case upon the claim of foreign shareholders is the example of how the legal imperialism works…
The eve of 2012 was marked by simultaneous adoption of two decisions on Russia taken by the European Court of Human Rights. The both of them quite remarkable going far beyond ordinary complaints. The first applies to Georgia versus Russia – 2 case. Shouldn’t be confused with the similar case lodged by a number of Georgian citizens against Russia (so called Georgia vs. Russia – 1). The new case was lodged not by citizens but by the government of Georgia. This is a real rare occasion in the European Court of Human Rights practice…