Topic: Attachments and freezing orders

The Dutch Supreme Court has rejected Russia’s appeal against the seizure of state-owned vodka trademarks by the former majority shareholders of Yukos Oil Company.

25 March 2024

An English court has upheld a freezing order against the owners of a Ukrainian grain terminal operator in support of a US$150 million LCIA arbitration over loan guarantees.

15 February 2024

A businessman seeking to enforce an ICSID award against Albania has attempted to seize €135 million in funds allocated to the Balkan state under a controversial migration deal with Italy – as he threatens a further arbitration.

22 November 2023

A jailed oligarch who claims he is the victim of a Russian state-led conspiracy to seize nearly US$14 billion worth of his assets has failed to obtain UK injunctions against various parties involved in the alleged scheme – as details emerge of two related LCIA arbitrations.

01 November 2023

A Russian court has restrained a Polish pipeline company from bringing a US$1.5 billion SCC arbitration against Gazprom’s export arm over halted gas deliveries.

31 October 2023

Subsidiaries of the Trump Organization have persuaded a first-instance court in Bermuda to appoint a receiver over the profits from a Marriott hotel in Panama so that they can collect on an ICC award.

19 October 2023

Moldovan investors engaged in a decade-long campaign to enforce a US$500 million Energy Charter Treaty award against Kazakhstan have failed to reinstate a Dutch attachment against a sovereign wealth fund – after reporting favourable rulings in Sweden, the US and Gibraltar.

13 October 2023

A Trafigura subsidiary has moved closer to seizing Ghanaian state properties in London to satisfy a US$140 million award after a court ruled the state didn’t need to be served with interim charging orders through diplomatic channels.

12 October 2023

A South African investment fund has applied to courts in New York and Chicago to enforce a US$60 million LCIA award against a Ghanaian businessman arising from a loan guarantee.

06 September 2023

A UK-based energy company has asked a US court to freeze US$151 million in funds held by Citibank pending an ICC arbitration with Chad over an oil pipeline venture – putting an emergency arbitrator order in the public domain.

04 September 2023