four. The problem whether the steps of Respondent ought to be regarded as expropriations under the British isles-Soviet Little bit is transferred to the merits period of the arbitration. (one) The phrase "expenditure" shall comprise every kind of asset invested by an Trader of 1 Contracting Party within the territory of one other Contracting Par

Even assuming quod non that this Tribunal has jurisdiction above Claimant’s assert, there was no expropriation for which Claimant could Get better. Being an initial subject, Claimant alone expressly disclaims an expropriation on the Yukos shares. Claimant instead seeks, determined by a misreading of Posting five(2) of the united kingdom-Soviet BI