It is believed that Russian entrepreneurs have already filed over ten confidential claims in arbitration against countries in the European Union, including Germany, France, Italy, the Baltic states, and Poland. These disputes, which could take years and require significant financial investment, could allow Russian companies to successfully seek the arrest and seizure of the defendants' assets in 170 countries worldwide.

Indeed, after the introduction of EU sanctions, Russian businessmen have not only pursued public lawsuits but also a more complex and lengthy scheme of international arbitration based on Russia's bilateral investment protection treaties. In certain contexts, "the game is worth the candle," lawyers comment.

Stanislav Dobshevich, KKMP Partner, commented on the existence of such cases:

Yes, there are, but isolated cases. Rather, we are facing regular inquiries about how helpful this option will be to clients, but few are willing to resort to it before waiting for the first decisions.