The London Court of International Arbitration has been granted a general licence allowing it to process payments from parties subject to the UK’s recent financial sanctions against Russia and Belarus to cover their arbitration costs.
17 October 2022
A conference organised by the Swiss Arbitration Association (ASA) considered economic sanctions and the many ways they can affect international arbitration and cause “sleepless nights” for practitioners. Chloé Terrapon Chassot of Walder Wyss reports.
12 October 2022
Ukraine is petitioning the United Nations to create a commission to resolve claims against Russia for financial damages arising out of the war – amid speculation that some US$300 billion in frozen Russian central bank assets could be targeted for enforcement.
10 October 2022
A panel at GAR Live Energy Disputes in Edinburgh considered the increasingly volatile global energy market resulting from the war in Ukraine, including the resurgence of fossil fuel and potential investment treaty claims.
29 September 2022
Gazprom has warned Ukraine’s Naftogaz that it must drop an ICC claim over gas transportation fees or risk sanctions that could result in the closure of a critical Russian pipeline supplying Europe.
28 September 2022
A conference in Prague considered how arbitrators and quantum experts should deal with the impact of sanctions, counter-sanctions and high inflation. Tatiana Rukhliada, Martin Kozak and Katerina Skryjova of PwC in Prague report.
23 September 2022
A Dutch court has ruled that the dean of the Hague Bar was wrong to refuse to appoint replacement legal representation for Russia in various set-aside proceedings after the state’s original counsel resigned following the outbreak of war in Ukraine.
21 September 2022
Rosneft has threatened to bring a claim against Germany after the state seized control of oil refinery assets worth €4.6 billion to shore up energy supplies.
20 September 2022
Ukraine’s state-owned oil and gas company Naftogaz says it has launched an ICC claim against Gazprom over its failure to pay for gas transportation following the Russian invasion of the country.
12 September 2022
UPDATED: Ukraine has invoked the Energy Charter Treaty’s denial of benefits provision to refuse protection to Russian-owned investments, as the state is threatened with a potential claim over the seizure of assets belonging to a chain of petrol stations.
22 August 2022
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