Abstract
Chelsea Football Club, Sean Baker’s Academy Award-winning film “Anora,” and billionaire parties in St. Barth’s: the rapid rise of Russian capital since the collapse of the Soviet Union has permeated international popular culture and underscores the modern global economy. However, Vladimir Putin’s invasions into Ukraine in 2014 and 2022 have caused the international community — particularly the West — to sanction Russia, challenging its place in an increasingly globalized supply chain, and harkening anti-Russian sentiment not seen since the Cold War. In response to sanctions, Russia has begun nationalizing Western assets left behind within its borders, leaving company owners scrambling to reclaim their assets. Through an examination into customary international law, bilateral investment treaties, and potential Russian interests and counterarguments, this paper will seek to outline potential legal remedies for property owners whose assets have been nationalized by Russia. This analysis will attempt to outline the limits of bilateral investment treaties when working with a country who has no intentions of honoring these treaties — or any standards of fair and equitable treatment — and will posit a unique path forward for companies looking to get their assets out of Russia.
Recommended Citation
Anthony Liberatori,
From Russia Without Love: A Unique Path Forward for Western Asset Holders Looking to Recover Expropriated Property In Russia,
46
Nw. J. Int'l L. & Bus.
277
(2026).
https://scholarlycommons.law.northwestern.edu/njilb/vol46/iss2/3
Included in
International Law Commons, Law and Politics Commons, Property Law and Real Estate Commons
