Organisation: Linde
Russian court stays Gazprom venture’s lawsuits pending UK anti-suit appeal
A Russian court has stayed two lawsuits worth over €680 million that a Gazprom subsidiary is pursuing against Deutsche Bank and Unicredit until a UK appeal court has ruled on an anti-suit injunction request to enforce Paris-seated ICC arbitration.
12 December 2023
Russian court restrains HKIAC claim against state-owned bank
A St Petersburg court has restrained a subsidiary of Russia’s VTB Bank from bringing an HKIAC arbitration against the state-controlled lender – which is pursuing litigation to recover €112 million in alleged debts.
08 November 2023
Russian court restrains billion-dollar claim against Gazprom unit
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
Gazprom unit asks Russian court to block billion-dollar SCC claim
Gazprom’s export arm has asked a Russian court to block a US$1.5 billion SCC arbitration brought by a Polish pipeline company over halted gas deliveries.
17 October 2023
A game of seats: Hong Kong and CIS disputes
A panel at Hong Kong Arbitration Week discussed the future of Russian and CIS disputes – including whether Hong Kong is a preferred option for parties from the region, how sanctions affect the handling of cases and the potential for asking a tribunal to move a previously agreed seat.
17 October 2023
Gazprom venture revealed as target of UK anti-suit injunctions
A subsidiary of Russia’s Gazprom has been revealed as the target of a set of recent English anti-suit injunction requests by German banks seeking to enforce Paris-seated ICC arbitration clauses.
11 October 2023
Hong Kong court maintains anti-suit injunction against Gazprom venture
A Hong Kong court has upheld an injunction restraining a Gazprom joint venture from pursuing Russian litigation while an HKIAC arbitration is pending, rejecting allegations the sanctioned entity cannot be guaranteed a fair trial at the arbitral institution.
09 October 2023
UK court refuses to grant anti-suit injunction in aid of French arbitration
The Commercial Court in London has refused to grant an anti-suit injunction to support a Paris-seated ICC arbitration, saying it would be inconsistent with the French courts’ approach and go against the parties’ intentions.
22 August 2023
Russian court freezes Baker Hughes assets ahead of ICC case
A Russian gas venture has frozen more than US$50 million in assets held by a Baker Hughes subsidiary as it prepares to file an ICC claim over a terminated contract.
18 August 2023
Russian court refuses to stay lawsuit for HKIAC arbitration
A Russian court has refused to suspend a billion-euro lawsuit in favour of HKIAC arbitration – finding there was reason to doubt the sanctioned defendant would be guaranteed a fair trial at the Hong Kong centre.
05 July 2023