Russia Tells High Court Arbitration Agreement Excluded Investors Who Won $57B

( November 6, 2025, 1:09 PM EST) -- WASHINGTON, D.C. — The Russian Federation, after winning vacatur of the denial of its motion to dismiss a petition to confirm arbitral awards against it worth more than $57 billion, urges the U.S. Supreme Court in a petition for a writ of certiorari to review a circuit court conflict over whether the Foreign Sovereign Immunities Act (FSIA) requires courts reviewing jurisdiction to determine if the parties are the beneficiaries of an arbitration agreement....