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Russia Versus Ukraine: The $3 Billion Court Case Begins

Russia issues proceedings against Ukraine for £3 billion debt in London's High Court.

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This post first appeared on Russia Insider


On Wednesday Russia issued legal proceedings against Ukraine for payment of the $3 billion debt Ukraine owes Russia.

As we originally predicted the case is being brought in the Commercial Court in London, which is part of the High Court.   Reports that appeared at the end of last year that the case would be brought in the London Court of International Arbitration have turned out to be wrong.

Russia Insider will be following the case and will attend the hearings. 


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