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Clifford Chance

Clifford Chance
Briefings

Briefings

New compensation mechanism in EU state courts against Russian Expropriation Measures

22 July 2024

On 24 June 2024, the European Commission introduced a new legal basis for EU nationals and companies to obtain compensation in EU Member State Courts in cases where Russia imposed measures to take control over Russian assets owned or managed by investors from EU Member States.

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