Topic: Attachments and freezing orders

A Paris court has blocked a Dutch supplier of night vision goggles from executing a two-decade-old pair of ICC awards against Iraqi state assets that were previously frozen because of EU sanctions.

07 March 2025

A Swiss court has reportedly ordered the seizure of a historic building in Zurich owned by the Italian state, at the request of German and Austrian investment funds seeking to collect on an Energy Charter Treaty award now worth over €28 million. 

05 March 2025

The Amsterdam Court of Appeal has enforced an ICC award worth US$85 million plus interest against an Iraqi state entity over a salvage contract while setting off amounts it was granted in a separate award. 

04 March 2025

Toronto-listed mining company Gold Reserve says a Portuguese court has confirmed its decade-old investment treaty award against Venezuela now worth more than US$1.1 billion. 

25 February 2025

An ICSID tribunal hearing a claim against Azerbaijan has refused to order the state to lift a travel ban on the claimants’ representative or unfreeze their bank accounts – saying the request was premature.

30 January 2025

A Belgian court has rejected Albania’s latest bid to unfreeze air traffic control revenues that were attached by ICSID creditors including prominent Italian businessman Francesco Becchetti – also fining the state for abusive conduct.

05 November 2024

A Russian court has ordered industrial gases conglomerate Linde to pay around €1 billion to a Gazprom affiliate for halting work on an LNG plant – refusing to enforce an HKIAC arbitration clause in the project contract. 

04 November 2024

Ukraine’s Naftogaz says a Finnish court has granted its request to freeze Russian state-owned assets worth tens of millions of dollars in aid of its bid to enforce a US$5 billion investment treaty award. 

28 October 2024

The Singapore Court of Appeal has upheld the enforcement of interim measures issued by a DIAC tribunal under an arbitration clause specifying the now-defunct DIFC-LCIA, finding that the respondent had submitted to the tribunal’s jurisdiction for the purposes of the interim relief application. 

23 October 2024

The main shareholders of Austrian engineering group Strabag have filed for arbitration in Amsterdam against a sanctioned minority investor previously linked to Russian oligarch Oleg Deripaska. 

10 October 2024