A Russian court has upheld injunctions obtained by a Gazprom affiliate in a long-running dispute with UniCredit over unpaid bonds that has led to conflicting decisions between the Russian and UK courts.
10 April 2025
The Court of Appeal in London has refused to restrain Russian litigation against entities linked to the Renaissance Capital group to enforce an LCIA arbitration clause, saying it had been “deliberately kept in the dark” about the relationship between the party seeking the injunction and the defendants in Russia.
10 April 2025
The Court of Appeal in London has granted UniCredit’s request to lift an anti-suit injunction it won against a Gazprom joint venture after the bank said it wanted to avoid an “eye-watering” fine from the Russian courts.
11 February 2025
Italy’s UniCredit has asked a UK court to lift an anti-suit injunction it won against a Gazprom joint venture because it faces “potentially draconian financial consequences” in parallel proceedings in Russia – and says two other European banks have made similar applications.
06 February 2025
A Russian court has ordered Germany’s Commerzbank to withdraw a €95 million ICC case against a Gazprom affiliate over a guarantee for a gas plant project and seek to overturn an English anti-suit injunction issued in support of the arbitration.
11 December 2024
The Commercial Court in London has ruled that a Russian state-owned bank’s US$150 million claim against Barclays should be heard in the English courts rather than LCIA arbitration.
03 December 2024
A Singapore court has restrained a BVI-incorporated company from pursuing litigation in Hong Kong against a US developer of stablecoins, finding the case should be heard in SIAC arbitration.
02 December 2024
A London event hosted by Mayer Brown discussed market trends in the selection of arbitral seats, recent English court decisions on anti-suit injunctions, and the expected impact of the UK’s pending arbitration reforms.
02 December 2024
The Singapore Court of Appeal has restrained a cargo owner from pursuing a US$269 million litigation in Indonesia over a ship collision, while clarifying how courts should approach requests for anti-suit injunctions based on an arbitration clause.
25 November 2024
The Singapore Court of Appeal has partially set aside an anti-suit injunction against Korea’s Asiana Airlines, saying it should not be prevented from pursuing litigation in its home courts against directors of a Swiss catering group who were not party to an arbitration agreement.
01 November 2024
Unlock unlimited access to all Global Arbitration Review content