The Yukos settlement: an insider’s view into the largest arbitration award in history

In a Feb. 6 talk sponsored by International Legal Studies, the Harvard International Arbitration Law Students Association, and the International Law Journal, Emmanuel Gaillard and Yas Banifatemi LL.M. ’97, head of international arbitration and head of public international law, respectively, at Shearman & Sterling, detailed the intricate story behind securing the historic $50 billion award for the Yukos Oil Cooperative against the Russian Federation.