Ukraine prevails over Russia in $3B bond dispute.
The UK Supreme Court has ruled that Ukraine can mount a defense against a Eurobond lawsuit brought by Russia, centered on billions of dollars borrowed from Moscow by pro-Russian Ukrainian President Viktor Yanukovich. The court decision hinged on Ukraine's assertion that Moscow's threats of military force amounted to illegitimate pressure on Ukraine to assume the $3 billion debt in 2013. The ruling allows Ukraine to stave off any further repayments, and the Eurobond case will now go to a full public trial.