Russian Claim for Interest on Indemnities (Russia / Turkey)

This case concerned a commitment by the Turkish government to indemnify the Russian government for losses suffered by Russian subjects during the 1877/1878 war.

 

The amount was not contested by Turkey but the Turkish government postponed payment for a period of more than twenty years. Russia demanded interest by reason of the delay in payment. The Parties agreed to submit the matter to arbitration. The Tribunal ruled that, in principle, moratory interest could be granted; however, based on the diplomatic correspondence exchanged between the Parties, in which Russia had not claimed interest of any kind, the Tribunal found that Russia had renounced the interest. 


Case information

Name(s) of Claimant(s)
Name(s) of Respondent(s) ()
Names of Parties

Representatives of Russia:

Mr. Henri Fromageot (Agent)

Mr. Francis Rey (Secretary)

 

Representatives of Turkey:

Mr. Edouard Clunet (Agent)

Mr. Ernest Roguin (Counsel)

Mr. André Hesse (Counsel)

Mr. Youssouf Kémâl Bey (Counsel)

Mr. C. Campinchi (Secretary)

 

Case number 1910-02
Administering institution Permanent Court of Arbitration (PCA)
Case status Concluded
Type of case Inter-state arbitration
Subject matter or economic sector Post-conflict situations
Rules used in arbitral proceedings 1907 Convention for the Pacific Settlement of International Disputes
Treaty or contract under which proceedings were commenced

[Other]


Language of Proceeding French
Seat of Arbitration (by Country) Netherlands
Arbitrator(s)

His Excellency Mr. Lardy

His Excellency Baron Michael von Taube

Mr. André Mandelstam

Mr. Herante Abro Bey

Mr. Ahmed Réchid Bey

Representatives of the Claimant(s) -
Representatives of the Respondent(s) -
Representatives of the Parties
Number of Arbitrators in case 5
Date of commencement of proceeding 01 January 1910
Date of issue of final award 11 November 1912
Length of Proceedings 2-3 years
Additional notes -

Attachments

Award or other decision
Award of the Tribunal
Other
Compromis of Arbitration

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