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Oschadbank v. Russia (I), Respondent's Letter to the PCA Regarding Resumption of Arbitration, July 19, 2026

19 Jul 2026
Joint Stock Company "State Savings Bank of Ukraine" (JSC Oschadbank) v. Russian Federation (I), PCA Case No. 2016-14
Respondent's Letter to the PCA Regarding Resumption of Arbitration
Document Details:
LISTED PARTICIPANTS
Respondent's Letter to the PCA Regarding Resumption of Arbitration
Participants listed are for this document only and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Respondent appointee
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's law firm
Respondent's law firm
Other counsel
Claimant's expert
Claimant's expert firm
Respondent's expert
Respondent's expert firm
Claimant's witness
Respondent's witness
Other witnesses
Tribunal assistant
Third-party funder
Country
Print reporter
Document Summary
Respondent's Letter to the PCA Regarding Resumption of Arbitration
This summary note is machine-generated. Always consult the original materials.

This document comprises a formal communication from counsel for the Respondent, the Russian Federation, to the Permanent Court of Arbitration (PCA), requesting the immediate resumption of the arbitration proceedings. The procedural catalyst for this request is a judgment rendered by the Paris Cour d’appel on 23 June 2026, which annulled the original arbitral tribunal’s 11 December 2023 Decision dismissing the Respondent’s Application for Revision of the 26 November 2018 Award.

In its correspondence, the Respondent asserts that, as a direct consequence of the annulment by the French courts, its underlying Revision Application remains undecided. Relying on Article 1502 of the French Code of Civil Procedure, the Respondent contends that the application must now be adjudicated afresh by a newly constituted arbitral tribunal. To that end, the Respondent formally appoints Professor Georges Affaki as its co-arbitrator pursuant to Article 7 of the 1976 UNCITRAL Rules.

Furthermore, the Respondent requests that the PCA invite the Claimant, JSC Oschadbank, to appoint its respective co-arbitrator without delay to facilitate the prompt resumption of the proceedings. The communication concludes by updating the record with the Respondent's designated legal representatives and points of contact for all future correspondence.