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US court rules against Aeroflot for contract breech

01 December 2004

The US Supreme Court has upheld a lower court ruling recognizing a 2002 Swiss arbitration decision against Aeroflot for $13 million plus all interest and litigation expenses.

Read more: US Supreme Court Aeroflot Russo Ventures

The US Supreme Court has upheld a lower court ruling recognizing a 2002 Swiss arbitration decision against Aeroflot for $13 million plus all interest and litigation expenses. The arbitral decision related to a breach by Aeroflot of a 1992 contract with an...


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"A lot of people hoped these proposals would die under their own weight"

Michael Inglese, chief financial officer, Aircastle on the proposed new accounting standards

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