Organisation: UniCredit
UniCredit fails to overturn Gazprom’s Russian injunctions
A Russian court has upheld injunctions obtained by a Gazprom affiliate in a long-running dispute with UniCredit over unpaid bonds that has led to conflicting decisions between the Russian and UK courts.
10 April 2025
UK appeal court reverses injunction against Gazprom venture
The Court of Appeal in London has granted UniCredit’s request to lift an anti-suit injunction it won against a Gazprom joint venture after the bank said it wanted to avoid an “eye-watering” fine from the Russian courts.
11 February 2025
European banks seek to reverse injunctions against Gazprom venture
Italy’s UniCredit has asked a UK court to lift an anti-suit injunction it won against a Gazprom joint venture because it faces “potentially draconian financial consequences” in parallel proceedings in Russia – and says two other European banks have made similar applications.
06 February 2025
Russian court injuncts Deutsche Bank’s ICC claim against Gazprom venture
A Russian court has ordered Deutsche Bank to discontinue an ICC claim against a Gazprom venture over stalled work on a gas processing plant, despite the UK Supreme Court ruling that the dispute belonged in arbitration.
22 October 2024
Russian court grants billion-dollar asset freeze against German contractor
A Russian court has allowed a Gazprom affiliate to freeze US$1.15 billion in assets owned by Germany’s Linde in a dispute over a stalled gas processing project – months after ordering the engineering group to discontinue a parallel HKIAC arbitration.
15 August 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
Uniper challenges Russian anti-arbitration injunction
German state-owned energy group Uniper has appealed a Russian court ruling that ordered it to terminate a Stockholm-seated arbitration against Gazprom’s export arm or pay a €14.3 billion penalty.
07 May 2024
UK Supreme Court upholds injunction against Gazprom venture
The UK Supreme Court has dismissed a Gazprom joint venture’s challenge to an English anti-suit injunction that was granted to support a Paris-seated ICC arbitration agreement.
23 April 2024
Russian court restrains HKIAC claim against Gazprom venture
A Russian court has restrained an HKIAC arbitration against a Gazprom affiliate while refusing to impose a €1.8 billion penalty on the German claimant – as another Gazprom subsidiary asks it to block an arbitration brought by a Dutch gas pipeline operator.
19 April 2024
UK Supreme Court hears Gazprom venture’s appeal over anti-suit relief
The UK Supreme Court has heard a Gazprom joint venture’s challenge to an English anti-suit injunction that was granted to support a Paris-seated ICC arbitration agreement.
19 April 2024