The U.K. Supreme Court ruled Wednesday that Ukraine can go to trial to avoid repaying $3 billion in loans it said it took under pressure from Russia in 2013 to prevent it from trying to join the European Union .
in December 2015, saying Moscow wouldn’t agree to terms already accepted by other international creditors.
An appeals court overturned the lower court ruling, agreeing that Ukraine could challenge repayment of the loans on the grounds of duress but rejecting several other legal claims. The Supreme Court rejected several of Ukraine’s legal arguments, including that its finance minister didn’t have authority to enter into the loan agreement and that Ukraine could decline payment as a countermeasure to Russia’s aggressions.
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