The Law Debenture Trust Corporation plc v Ukraine

Ukraine has succeeded in the Supreme Court in resisting Law Debenture (acting for Russia)’s appeal relating to its claim under $3bn of Eurobonds. The Supreme Court unanimously held that the defence of duress on the basis of Russia’s threats should proceed to trial.

The full judgment can be found here.

The press release can be found here.

Ben Jaffey KC acted for Ukraine.