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SanctionsGerman court upholds seizure of €95,800 over suspected attempt to export euro banknotes to Russia under EU sanctions
Introduction In a decision dated 7 October 2026, the Landgericht Nürnberg-Fürth (Regional Court of Nuremberg-Fürth) in case number 12 Qs 62/12 (Landgericht Nürnberg-Fürth, 12 Qs 62/12) rendered a ruling on the continued seizure of cash in an investigation concerning alleged violations of EU Russia sanctions. The court dismissed the suspect’s appeal as unfounded and held […]
- Arbitration Maritime Industry Shipping and Transportation Law
Forged Charterparty Documents and Arbitration Agreements: Singapore High Court Sets Aside Demurrage Award
In its recent decision in DZD v DZE [2026] SGHC 199, the Singapore High Court examined whether a forged charterparty and the subsequent payment of freight could establish a valid arbitration agreement. The judgment highlights the fundamental importance of contractual consent in international arbitration and provides valuable guidance on the legal consequences of forged shipping […]
Lugovoy LawSt. Petersburg Arbitrazh Court Imposes EUR 100m fine under Lugovoy Law against ING and SocGen
The Saint Petersburg Arbitrazh Court applied Articles 248.1 and 248.2 APC and imposed a EUR 100m fine under Lugovoy Law to bar Societe Generale and ING from foreign proceedings and foreign enforcement concerning independent guarantees.
Arbitration Lugovoy Law SanctionsRussian cassation court upholds EUR 1.5 million penalty for breaching anti-arbitration injunction in Siemens v RZD dispute
Introduction In a decision dated 6 October 2026, the Arbitrazh Court of the Moscow District (Russia) in case number А40-98870/2022 (АС Московского округа – Решения и постановления vom 06.10.2026 – А40-98870/2022) in the Siemens v RZD case rendered a judgment on a monetary sanction for non-compliance with a Russian court order prohibiting the initiation of […]
Investment Arbitration SanctionsCan the EU Rule Out the Enforcement of Investment Treaty Awards on Sanctions?
Orders of the General Court of 2 October 2026 in Ber v Council T-640/25 and Shelkov v Council T-655/25
Maritime Industry SanctionsEnglish Commercial Court Enforces Bareboat Charter Guarantees in Sanctions Dispute
Introduction In a decision dated 2 October 2026, the High Court of Justice, Commercial Court, in case number CL-2024-000583 (GTLK Malta Four Limited v Pola Maritime Limited & Ors [2026] EWHC 2514 (Comm)) rendered a judgment on the enforcement of joint guarantees supporting finance bareboat charters affected by EU, UK and US sanctions. Ms Lesley […]
SanctionsEU Sanctions Control in Insolvency Irish and German Courts Take Different Approaches
Introduction In decisions dated 31 July 2023 and 1 April 2026, the High Court of Ireland in case number 2023 No. 88 COS (In the Matter of GTLK Europe DAC and GTLK Europe Capital DAC [2023] IEHC 486) and the Frankfurt Higher Regional Court in case number 17 U 20/25 (ECLI:DE:OLGHE:2026:0401.17U20.25.00) rendered judgments on whether […]
