Russian Company Pays Largest Legal Award In History — Almost $2 Billion — For Devastating Arctic Fuel Spill

File Photos of Law Books and Gavel, adapted from image at fjc.gov

… [T]he Krasnoyarsk City Court of Arbitration ruled that almost all of the sum, the largest legal award in Russian history, must go to the federal treasury […]

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JRL NEWSWATCH: “Russia’s Richest Man Owns More Melting Arctic Than Anyone” – Bloomberg/ Yuliya Fedorinova, Laura Millan Lombrana

Cartoon Sun and Thermometer, adapted from cdc.gov

“Vladimir Potanin’s sprawling Siberian mining operations make him the billionaire most exposed to the permafrost crisis.” “Vladimir Potanin, one of the [world’s] 50 richest people … stood awkwardly on … Siberian tundra near … remote mining city … Norilsk. … less than a week since a spill[,] … one of Russia’s worst [Arctic] disasters …, caused … by an aging […]

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Russia’s Richest Billionaire: Impact of Sanctions Is Waning

Cash, Calculator, Pen

(Bloomberg – bloomberg.com – Ryan Chilcote, Yuliya Fedorinova – May 18, 2015) Russia’s richest man said international investors are coming back to the country and the impact of sanctions has peaked. “Now it’s getting clear that the situation is more politically stable or predictable,” Vladimir Potanin, who heads Russia’s biggest miner, OAO GMK Norilsk Nickel, said in an interview with […]

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