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Arbitration Lugovoy Law SanctionsRussian Court abstains from Applying Lugovoy Law and Still Issues Freezing Order
Introduction In a decision dated 28 October 2026, the Arbitrazh Court of the Moscow Region in case number A41-111202/2026 rendered a judgment on interim measures in support of SCC arbitration and the relationship between that relief and Article 248.1 of the Russian Arbitrazh Procedure Code (APC), commonly known as Lugovoy Law. The court granted JSC […]
Arbitration Lugovoy Law SanctionsPerm Court Declares Czech Loan Agreement Nul and Void Under Lugovoy Law
The Arbitrazh Court in Perm, Russia, based its jurisdiction on Lugovoy Law and declared a loan agreement with a Czech lender nul and void. The reasoning for applying Lugovoy Law provisions was based on the restrictions in art. 5n of Regulation (EU) 833/2014 on rendering legal services to Russian entities.
Arbitration Lugovoy LawBombay High Court Interprets Lugovoy Law and Finds no Competence of Russian Court
Bombay High Court Upholds Refusal of Interim Asset Restraints In a decision dated 29 October 2026, the High Court of Judicature at Bombay in Commercial Appeal (L) No. 20333 of 2026 (Limited Liability Company EuroChem North-West-2 v Tecnimont S.p.A., 2026:BHC-OS:23757) rendered a judgment on interim measures sought in India on the basis of a Russian […]
Arbitration Maritime IndustryThe Prestige Dispute: UK Supreme Court Clarifies Remedies for Breach of Arbitration Agreements by Third Parties
I. Introduction On 28 October 2026, the UK Supreme Court delivered its unanimous judgment in The Kingdom of Spain and another v The London Steam-Ship Owners’ Mutual Insurance Association Limited (No 2) [2026] UKSC 36, addressing the application of the conditional benefit principle to arbitration agreements and the remedies available when third parties disregard their […]
Arbitration Lugovoy Law SanctionsRussian Court Threatens Two Major Dutch Law Firms with €57.4 Million Penalties in Gazprom Anti-Suit Injunction
Introduction In a decision dated 22 October 2026, the Arbitrazh Court of St Petersburg and the Leningrad Region in case number A56-67016/2026 (Decision of 22 October 2026 – A56-67016/2026) rendered a judgment on Gazprom’s application to prevent the enforcement of an ICC arbitral award and the continuation of related proceedings outside Russia. The court granted […]
AllgemeinCorporate Art in Insolvency: Ownership Must Be Proven Before It Can Be Sold
Art law is usually discussed in the context of collectors, museums and auction houses. Yet it reaches into boardrooms more often than one might think. A recent judgment of the Bombay High Court shows how quickly corporate law, insolvency and the art market collide – and invites a comparison with the German approach.
Arbitration Investment Arbitration Recognition of foreign decisionsEnforcement of ICSID Awards and State Immunity: Singapore Court of Appeal Rules Against Spain
I. Introduction In its recent judgment in Kingdom of Spain v NextEra Energy Global Holdings BV and another [2026] SGCA 43, the Singapore Court of Appeal addressed the relationship between sovereign immunity and the recognition and enforcement of arbitral awards rendered under the Convention on the Settlement of Investment Disputes between States and Nationals of […]