Document Type
Article
Publication Date
Winter 2024
Publication Title
Texas International Law Journal
Keywords
Russia, Ukraine, corporate assets, war crimes
Abstract
Russian corporate assets worth billions of dollars are frozen in western capitals pursuant to a robust sanctions regime imposed in the wake of Russia's illegal invasion of Ukraine in 2022. While frozen, those assets accrue interest. The costs of rebuilding Ukraine after the war are estimated to exceed $400 billion. This Article offers a legal framework to seize those assets through criminal prosecution of Russian corporations that were complicit in the commission of war crimes. By adapting the practice of securing international arbitration awards, which are regularly satisfied through attachment of assets by courts in foreign jurisdictions, the authors lay the legal process foundation for Ukraine to secure some of the funds that it needs to begin rebuilding its country.
Repository Citation
Sterio, Milena; Kelly, Michael J.; D'Alessandra, Federica; Koval, Dmytro; and Korostelova, Lydia, "Prosecution of Russian Corporations for War Crimes in Ukraine" (2024). Law Faculty Articles and Essays. 1340.
https://engagedscholarship.csuohio.edu/fac_articles/1340
Volume
60
Issue
1
Included in
Comparative and Foreign Law Commons, International Humanitarian Law Commons, International Law Commons, Military, War, and Peace Commons
