Volga-Dnepr Airlines LLC (Russian Federation) v. Canada

This arbitration was commenced pursuant to the Agreement between the Government of Canada and the Government of the Union of Soviet Socialist Republics for the Promotion and Reciprocal Protection of Investments. It is being conducted pursuant to the 1976 UNCITRAL Arbitration Rules. The PCA acts as fundholder and the repository in this arbitration.


Case information

Name(s) of Claimant(s) Volga-Dnepr Airlines LLC (Russian Federation) (Private entity )
Name(s) of Respondent(s) Canada (State)
Names of Parties -
Case number 2025-09
Administering institution Ad hoc
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector Transportation and storage
Procedural rules UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced

Bilateral treaty
The Agreement between the Government of Canada and the Government of the Union of Soviet Socialist Republics for the Promotion and Reciprocal Protection of Investments
Country A: Canada
Country B: Russian Federation

Language of Proceeding English
Seat of Arbitration (by Country) Singapore
Arbitrator(s), Conciliator(s), Other Neutral(s)

Professor Lawrence Boo (Presiding Arbitrator)

Professor Georges Affaki

Ms. Jean E. Kalicki

Representatives of the Claimant(s)

Mr. Kirill Udovichenko

Mr. Nikolay Zinovyev

Ms. Anna Kostina

Mr. Sergey Lysov

Mr. Oleg Kondrashov

Mr. Ilia Cherezov

Ms. Anna Gavkalyuk

Ms. Daria Zavershinskaya

Monastyrsky, Zyuba, Stepanov & Partners

Representatives of the Respondent(s)

Ms. Heather Squires

Mr. Mark A. Luz

Mr. Adam Douglas

Ms. Camille Hamel

Ms. Kayla McMullen

Ms. Natalie Benischek

Trade Law Bureau, Global Affairs Canada

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 23 August 2024
Date of issue of final award -
Length of Proceedings Pending
Additional notes -

Documents

Procedural Documents
Procedural Order No. 1
Procedural Order No. 2