Russia has reportedly asked its own courts to restrain a German oil and gas producer from pursuing an Energy Charter Treaty claim on pain of a €7.5 billion penalty, while seeking to have the arbitrators and the investor’s German law firm held jointly liable if the arbitration proceeds.
17 April 2025
UPDATED WITH COUNSEL. Germany’s Wintershall Dea has filed two investment treaty claims against Russia, seeking several billions of euros in damages over the alleged expropriation of its assets in the country.
01 October 2024
The LCIA has appointed a referee to resolve a dispute between Shell and a UK supplier of crude oil after the pricing structure in their contracts was affected by European sanctions against Russia.
26 January 2024
Unlock unlimited access to all Global Arbitration Review content