Hulley Enterprises Ltd. v. Russian Federation

CourtCourt of Appeals for the D.C. Circuit
DecidedAugust 5, 2025
Docket23-7174
StatusPublished

This text of Hulley Enterprises Ltd. v. Russian Federation (Hulley Enterprises Ltd. v. Russian Federation) is published on Counsel Stack Legal Research, covering Court of Appeals for the D.C. Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hulley Enterprises Ltd. v. Russian Federation, (D.C. Cir. 2025).

Opinion

United States Court of Appeals FOR THE DISTRICT OF COLUMBIA CIRCUIT

Argued October 18, 2024 Decided August 5, 2025

No. 23-7174

HULLEY ENTERPRISES LTD., ET AL., APPELLEES

v.

RUSSIAN FEDERATION, APPELLANT

Appeal from the United States District Court for the District of Columbia (No. 1:14-cv-01996)

David Riesenberg argued the cause and filed the briefs for appellant.

Steven M. Shepard argued the cause and filed the brief for appellees. Zachary Savage entered an appearance.

Before: SRINIVASAN, Chief Judge, WILKINS and RAO, Circuit Judges.

Opinion for the Court filed by Circuit Judge RAO.

Concurring opinion filed by Circuit Judge WILKINS. 2

RAO, Circuit Judge: From 2003 to 2004, Russia expropriated the most valuable assets of OAO Yukos Oil Company (“Yukos”), at the time the largest private oil company in the Russian Federation. Shareholders of Yukos challenged the expropriation in arbitration and secured a $50 billion award, which they seek to enforce in federal court. Russia asserts that sovereign immunity bars the suit and that the arbitration exception to the Foreign Sovereign Immunities Act (“FSIA”) does not apply. The district court held it had jurisdiction under the FSIA, in part because it was bound by the arbitral tribunal’s conclusion that an arbitration agreement existed between Russia and the Shareholders.

Whether an arbitration agreement exists is a jurisdictional fact under the FSIA that must be independently evaluated by the district court. Because the district court gave binding effect to the arbitral tribunal’s determination of this jurisdictional fact, we vacate the judgment. On remand, the district court must independently consider whether the FSIA’s arbitration exception to sovereign immunity applies.

I.

The Yukos Shareholders are several companies organized under the laws of Cyprus and the Isle of Man: Hulley Enterprises Ltd., Yukos Universal Ltd., and Veteran Petroleum Ltd. In February 2005, the Shareholders initiated arbitration proceedings alleging that Russia expropriated Yukos’s assets in violation of the Energy Charter Treaty (“Treaty”).

Designed to promote international cooperation and investment in the energy sector, the Treaty generally prohibits signatory countries from expropriating investments held by investors from other signatories. See Energy Charter Treaty art. 3 13, Dec. 17, 1994, 2080 U.N.T.S. 95. If disagreements arise, investors may submit the dispute to arbitration. Id. art. 26(3)(a). The Treaty requires a country to comply with its terms from the moment of signature, even before the Treaty is ratified, “to the extent that such provisional application is not inconsistent with [the signatory’s] constitution, laws or regulations.” Id. art. 45(1). The Vice Prime Minister of Russia signed the Treaty on December 17, 1994, but the Russian Parliament never ratified it. Russia withdrew from the Treaty in 2009.

The arbitration proceedings between Russia and the Shareholders at The Hague lasted nearly a decade. Russia consented to the jurisdiction of the arbitral tribunal (“Tribunal”) to determine arbitrability but maintained throughout the proceedings that the Tribunal lacked jurisdiction over the dispute. Russia argued it was not required to provisionally apply the arbitration clause of the Treaty because to do so would be inconsistent with Russian law. Russia also maintained the Shareholders were not investors within the meaning of the Treaty because the companies are controlled by Russian citizens and so do not qualify as investors from another state.

In November 2009, the Tribunal entered interim awards rejecting Russia’s challenge to its jurisdiction. The Tribunal concluded that the Shareholders qualified as investors under the Treaty and that Russia had agreed to arbitrate because the arbitration clause applied provisionally in Russia at the time of the expropriation. The Tribunal issued final awards in July 2014, finding that Russia had violated the Treaty and awarding the Shareholders over $50 billion in damages.

Following the Tribunal’s decision, the dispute continued, this time in the courts. Russia asked the Hague District Court (a national Dutch court) to set aside both the interim and final 4 awards. The Dutch Supreme Court ultimately held for the Shareholders on nearly all issues. It affirmed that the Tribunal had jurisdiction over the dispute, that provisional application of the arbitration clause was consistent with Russian law, and that the Shareholders were investors within the meaning of the Treaty.

While proceedings were pending in the Dutch courts, the Shareholders brought suit in the United States District Court for the District of Columbia to confirm and enforce the final awards. Russia moved to dismiss the Shareholders’ enforcement suit for lack of subject matter jurisdiction. Russia asserted sovereign immunity and argued that none of the FSIA’s exceptions to sovereign immunity applied. In particular, Russia maintained the arbitration exception did not apply because there was no valid arbitration agreement between Russia and the Shareholders. Russia offered the same arguments it raised before the Tribunal, namely that it was not required to provisionally apply the arbitration clause and that the Shareholders were not investors within the meaning of the Treaty because they were “mere shell companies owned and controlled by … [Russian] nationals.”

After the Dutch Supreme Court’s decision, the district court denied Russia’s motion to dismiss. The court concluded it had subject matter jurisdiction because the FSIA’s arbitration exception applied. See Hulley Enters. Ltd. v. Russian Federation, No. 14-cv-1996, 2023 WL 8005099, at *12 (D.D.C. Nov. 17, 2023). The district court explained the “terms of the [Treaty]” demonstrated “the existence of an agreement to arbitrate.” Id. at *13. But if there were doubt as to this fact, the Tribunal’s determination that an arbitration agreement existed between Russia and the Shareholders was “binding” on the court. Id. at *16. The district court likewise treated as 5 binding the Tribunal’s holding that Russia was required to apply the entire treaty provisionally. Id. at *21.

Russia timely appealed. We have jurisdiction under the collateral order doctrine to review the denial of Russia’s claim of sovereign immunity. See Process & Indus. Devs. Ltd. v. Federal Republic of Nigeria, 962 F.3d 576, 581 (D.C. Cir. 2020). We review the district court’s jurisdictional determination de novo. See Kilburn v. Socialist People’s Libyan Arab Jamahiriya, 376 F.3d 1123, 1127 (D.C. Cir. 2004).

II.

For the Shareholders to enforce these arbitral awards in United States courts, Russia “must not enjoy sovereign immunity from such an enforcement action.”1 Creighton Ltd. v. Government of the State of Qatar, 181 F.3d 118, 121 (D.C. Cir. 1999). Foreign sovereigns are “presumptively immune from the jurisdiction of United States courts.” Saudi Arabia v. Nelson, 507 U.S. 349, 355 (1993). The FSIA is “the sole basis for obtaining jurisdiction over a foreign state in the courts of this country.” Argentine Republic v. Amerada Hess Shipping

1 To enforce an arbitration award in federal court against a foreign sovereign, there must also “be a basis upon which a court in the United States may enforce a foreign arbitral award.” Creighton Ltd. v. Government of the State of Qatar, 181 F.3d 118, 121 (D.C. Cir. 1999). Russia does not dispute that the New York Convention provides a basis for enforcing these arbitral awards. See 9 U.S.C.

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