Court: Commercial Court (England and Wales)
UK court rules India’s immunity not precluded by New York Convention
The Commercial Court in London has ruled that India’s ratification of the New York Convention is not in itself a waiver of sovereign immunity from the jurisdiction of the English courts in an action to enforce a US$194 million investment treaty award.
22 April 2025
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
Barclays challenges Russian bank’s LCIA claim
A UK court has agreed to consider Barclays’ challenge to the jurisdiction of a sole arbitrator hearing an LCIA claim worth US$150 million brought by a Russian state-owned development bank – a dispute the British bank says must be heard in the English courts.
26 November 2024
“Smoke signals”: Wolfson considers the future of London arbitration at LIDW
In a keynote at London International Disputes Week, Lord Wolfson KC considered the “smoke signals” of the challenges the city is facing as an arbitration hub – and the steps necessary to ensure it “keeps its crown”.
03 June 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
UK judge refuses to issue “anti-anti-arbitration injunction”
A UK judge has refused to restrain an Emirati trading company from enforcing an anti-arbitration injunction issued by the Malaysian courts in a dispute over shipments of oil that allegedly violate US sanctions.
30 April 2024
Kosovo fails to overturn power plant award
The Commercial Court in London has upheld an ICC award ordering Kosovo to pay €20 million to a British company over a terminated power plant project near Pristina.
26 April 2024
UK court orders transfer of Iranian property to award creditor
An English judge has ruled that a £100 million property in London linked to the National Iranian Oil Company should be transferred to UAE-based Crescent Petroleum to partially satisfy a US$2.6 billion award.
15 April 2024
UK judge bars Czech Republic’s “multi-nationality” objection to treaty award
An English judge has refused to allow the Czech Republic to amend its challenge to a US$730 million treaty award over a blood plasma business to introduce a new objection based on the multiple nationalities of one of the claimants.
28 March 2024