Category: EU Sanctions

Wintershall Dea Round 3: The Moscow Dubai Arbitration Clash the Russian Federation is in contempt of court

The Wintershall Dea Saga is continuing and in its “third round” now. This time, the geographical scope is further expanded, and old problems are addressed with a renewed strategy. We have already covered the development that Russian courts have awarded claims of more than EUR 7.5bn against counsel, arbitrators and Wintershall Dea itself (read more […]

Arbitrator biased: Paris CoA sets aside investment treaty award due to arbitrator’s firm’s published “no-Russia” policy and social media likes

Cour d’appel de Paris, France, 15 January 2026, RG 22/19397

Introduction: On 15 January 2026, the Paris Court of Appeal (Cour d’appel de Paris, Pôle 5 – Chambre 16) issued a decision annulling a partial arbitral award rendered under the auspices of the Permanent Court of Arbitration (PCA, Case No. 2019-34). The dispute involves the expropriation of Crimean real estate assets following Russia’s occupation of […]

Russian Court Recognizes Latvian Bankruptcy Ruling on Trademarks: A Remarkable Decision Amidst an Anti-Western Climate

IntroductionIn an environment characterized by increasing legal isolation and skepticism towards judgments from Western or so-called “unfriendly” countries, a recent ruling by the Moscow Arbitrazh Court (Case No. A40-300609/2024, published on 11 November 2025) stands out. The court confirmed the recognition of a Latvian court decision impacting high-value international trademarks, even as diplomatic relations between […]

Indirect Transactions Involving Frozen Assets under Regulation (EU) No 269/2014

Comment on General Court judgment in Case T-102/23 Introduction In a noteworthy judgment, the General Court (First Chamber) addressed the issue of indirect transactions involving frozen assets under Regulation (EU) No 269/2014 (OJ 2022, L 193, p. 133). The case (T-102/23) provides important guidance on the scope of the prohibition on disposal and the concept […]

No enforcement against frozen property without prior authorisation

The Federal Court of Justice (BGH) decided on January 25, 2024, under case number IX ZR 19/22, that without authorization from the German Federal Bank, frozen funds and economic resources cannot be seized under Regulation (EU) 2016/44. The case involved G. GmbH, which secured an arbitration award against the Libyan state fund L., entitling it […]