As specialists in the somewhat rarefied world of international arbitration, Emmanuel Gaillard and Yas Banifatemi of Shearman & Sterling aren’t often in the public eye.

But there’s no way to shun publicity when you win a $50 billion judgment, as the Paris-based duo revealed they had done on Monday in the long-running arbitration over Russia’s treatment of OAO Yukos Oil Company. Their clients, the men who once controlled Yukos, are happy to trumpet the historic win. So Gaillard and Banifatemi are savoring an unusually high-profile victory, even as they prepare for years of follow-on litigation with the Russian government to enforce the arbitral award.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]