Key legal question
Whether the Geneva enforcement authorities lacked local jurisdiction and the enforcement measures were null because no valid Swiss place of enforcement had been elected.
Extracted holding
The objection was rejected: the circumstances supported a valid election of domicile/place for enforcement in Geneva.
Extracted reasoning
A contractual payment location is distinct from an election of enforcement forum under Art. 50(2) LP. The prior correspondence and conduct allowed, under good faith, the inference that Russia accepted being pursued in Geneva.