@Mister Pittinger — pixabay On 20 March 2024 the first Chamber of the EU General Court once again had to decide on behalf of a person sanctioned due to their association and immediate familiar ties to a Russian businessperson. This time Nikita Mazepin (the Claimant) brought an action of annulment under Art. 263 TFEU before […]
Photo by Venti Views on Unsplash As of 1. January 2024 the Directive (EU) 2023/959 of the European Parliament and of the Council of 10. May 2023 came into effect, thereby extending the EU Emissions Trading System (EU ETS) to the maritime sector. While EU law dictates that a Directive such as this needs to […]
Photo by Linus Mimietz on Unsplash Case: №А55-24707/2022 Background facts LLC «European Biological Technologies» filed a claim with the Arbitrazh Court of the Samara region to recover from the company «Cabinplant A/S» the amount of unjust enrichment in the form of advance payment for the undelivered goods under the contract dated 12.09.2013 №92/SMB13 in the […]
The ruling of the Supreme Court of the Russian Federation № 305-ЭС23-11869 dated 20.11.2023 Case № А40-179021/2022 The Supreme Court of the Russian Federation made a ruling in case No. A40-179021/2022 on the suit of OOO “IS TEX” to JSC «Moscow Industrial Bank»(hereinafter abbreviated as MInBank”) on funds recovery in connection with the cassation appeal […]
A court in St. Petersburg has forbidden the Finnish company, Wartsila, from pursuing or continuing arbitration proceedings abroad against a Russian plant. This decision follows the court’s earlier rejection of Baltic Plant’s €7.6 million claim against Wartsila for non-compliance with six independent guarantees. Background facts The guarantees were related to a contract with the Russian […]
The Supreme Court of Uzbekistan ruled on the recognition and enforcement of a Russian arbitral award in the context of US sanctions. EU and US sanctions against Russia are not an obstacle to the recognition and enforcement of arbitral awards issued by Russian courts — a case from Uzbekistan. In Case No. 4-10-2225/540, JSC «Uzbekneftegaz» […]
BGH, Urteil vom 13. Oktober 2022 — I ZR 151/21 In a recent decision, the German federal court of justice (BGH) addressed the issue of whether the principal carrier can be held fully liable without limitation to the sender under Article 29 CMR when the breach of duty is committed by the sub-carrier concerning obligations […]