News
Our Topics
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 […]
ArbitrationRussian Court Upholds a “Floating” Arbitration Clause Referring Disputes to the Plaintiff’s Country
St Petersburg Commercial Court confirms that an arbitration clause remains valid even without naming an arbitral institution or expressly providing procedural rules
ArbitrationParis Court Rejects Annulment Challenge Based on Alleged Fictitious Electricity Trades
The court held that allegations already debated before the arbitral tribunal did not amount to procedural fraud and that domestic rules on contractual validity could not, without more, establish a breach of French international public policy. Editorial illustration of the France Bulgaria Romania electricity trading dispute Introduction In a decision dated 2 June 2026, the […]
