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Prosecuting Russian corporations for war crimes in Ukraine

Abstract:
Russian corporate assets worth billions of dollars are frozen in western capitals pursuant to a robust sanctions regime imposed in the wake of Russia’s illegal invasion of Ukraine in 2022. While frozen, those assets accrue interest. The World Bank estimates the cost of rebuilding Ukraine after the war will exceed $400 billion. This paper offers a legal framework to seize those assets through criminal prosecution of Russian corporations that were complicit in the commission of war crimes. By adapting the practice of securing international arbitration awards, which are regularly satisfied through attachment of assets by courts in foreign jurisdictions, the authors lay the legal process foundation for Ukraine to secure some of the funds that it needs to begin rebuilding its country.
Publication status:
Accepted
Peer review status:
Peer reviewed

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Institution:
University of Oxford
Division:
SSD
Department:
Blavatnik School of Government
Role:
Author
ORCID:
0000-0002-6532-2153


Publisher:
UT Law Publications
Journal:
Texas International Law Journal More from this journal
Publication date:
2024-04-03
Acceptance date:
2024-02-09
EISSN:
0163-7479
ISSN:
0163-7479


Language:
English
Pubs id:
1987206
Local pid:
pubs:1987206
Deposit date:
2024-04-02
ARK identifier:

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