Organisation: Barclays
Barclays halts Russian bank's LCIA claim
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
London boutique hires from Clifford Chance
Eraldo d’Atri has left Clifford Chance to join the partnership at London disputes boutique Humphries Kerstetter.
24 September 2024
Russian bank files claim against Barclays
A Russian state-owned development bank has filed a US$150 million LCIA claim against the UK’s Barclays Bank under a derivatives agreement, having previously argued that the contract’s arbitration clause was inoperative due to international sanctions.
29 July 2024
Panel hears Kenyan electricity dispute
A tribunal is set to rule on a Spanish energy company’s under-the-radar claim against a Kenyan state-owned utility over a programme to provide electricity to impoverished areas of the country.
18 July 2024
Russian court seizes assets of European banks
A Russian court has allowed a Gazprom joint venture to seize over €700 million in assets held by UniCredit, Deutsche Bank and Commerzbank – defying UK court rulings that the litigation should be heard in ICC arbitration.
20 May 2024
UK judge finds Russia sanctions don’t make LCIA clause inoperative
A London court has rejected arguments by a Russian state-owned bank that an LCIA arbitration clause in a derivatives agreement with the UK’s Barclays Bank has become inoperative because of international sanctions.
13 May 2024
Barclays gets anti-suit injunction against Russian state-owned bank
The Commercial Court in London has restrained a Russian state-owned development bank from pursuing a US$155 million lawsuit in Moscow against the UK’s Barclays Bank, finding their derivatives dispute should be heard in LCIA arbitration.
08 May 2024
European investors bring ICC claim against Vietnam
German and Portuguese entities have launched an ICC claim against Vietnam and two state-owned banks over the alleged misappropriation of €10 billion in funds.
28 February 2023
Kazakhstan hunts claimant's assets after Soviet treaty win
After defeating a US$917 million claim under a Soviet investment treaty and winning costs, Kazakhstan has applied for discovery from various US banks to track down the claimant's assets and sources of funding.
06 November 2020
Seppälä on the past and future of construction arbitration
Chris Seppälä – the chief legal adviser to FIDIC – gave the keynote at GAR Live Construction Disputes last year, on construction arbitration’s past and the future.
27 March 2019