News
Публикации
SanctionsAmsterdam court orders ING to keep Gazprom account open, citing upcoming “basic business payment account” right
Introduction In a decision dated 19 October 2026, the Rechtbank Amsterdam (District Court of Amsterdam) in case number C/13/794179 / KG ZA 26-837 LV/MV (ECLI:NL:RBAMS:2026:10265) rendered a judgment on a bank’s ability to terminate a corporate banking relationship in summary proceedings, against the backdrop of imminent Dutch AML legislation creating a right to a basic business payment account. The court (sitting […]
Arbitration Maritime Industry Recognition of foreign decisionsAnti-Suit Injunctions and Parallel Proceedings: Singapore Court Restrains Litigation in China
In its recent decision in Xu Xiangrong v Fu Xianwei [2026] SGHC(I) 23, the Singapore International Commercial Court examined the circumstances in which parallel foreign proceedings may be restrained through an anti-suit injunction.
Arbitration SanctionsCJEU: Indirect Access to Arbitral-Award Payments must be proven, not hypothecial
Introduction In a decision dated 15 October 2026, the Court of Justice of the European Union, Fifth Chamber, in Case C‑842/24, DNO Yemen (ECLI:EU:C:2026:868), rendered a judgment on whether payment of an arbitral award to Yemeni public entities could indirectly make funds available to persons subject to EU restrictive measures. The proceedings concerned Article 2(2) […]
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 […]
