CA heard appeal in Ukraine Law pleaded duress → Debenture countered with January judgment – FAoS doctrine. reserved. Claim by Law Debenture (Russia) for breach of Economic and military pressure contract repayment of non–justiciable international – $3 billion borrowed from treaties Russia no manageable standards public policy exception inapplicable attempt to define the precise nature and “any extent of the principle of Crown act of state is doomed to failure” (Lord Neuberger)
CA heard appeal in January – judgment reserved. Claim by Law Debenture (Russia) for breach of contract – repayment of $3 billion borrowed from Russia Ukraine pleaded duress → Law Debenture countered with FAoS doctrine. Economic and military pressure non–justiciable international treaties no manageable standards public policy exception inapplicable “any attempt to define the precise nature and extent of the principle of Crown act of state is doomed to failure” (Lord Neuberger)
Acts-of-State-Foreign-and-Crown.docx