Work Area: Sanctions

A panel at GAR Live New York examined the impact of sanctions on international arbitration, enforcement proceedings and settlement negotiations, considering whether they can have force majeure effect, the need for government licences to represent sanctioned parties and the complications in getting paid when sanctions are in the way.

02 October 2018

Akin Gump Strauss Hauer & Feld’s Moscow disputes head has left the firm along with 12 other lawyers, including five who practise international arbitration, to set up a new practice, citing US sanctions against Russia as the main reason for the move.

19 September 2018

Consider the following, not-impossible scenario. An arbitration in Switzerland, with UK and Iranian parties. The arbitrators are from France, Belgium and India. Do any sanctions apply? Would your answer change if one of the arbitrators were from the US? Such questions were discussed at last year’s GAR Live London, guided by Hans van Houtte, then president of the Iran-United States Claims Tribunal.

23 April 2018

The first known investment treaty case against Bahrain has made headlines after the state alleged that Iran secretly dodged sanctions for more than a decade with the help of a corrupt bank owned by the claimants that was introduced to the kingdom as a “Trojan horse”.

04 April 2018

A US court has refused to set aside the award in a dispute over the Ukrainian version of Forbes magazine - denying that the New York-seated case should have been halted after the owner of the publishing rights was placed on the US sanctions list because of his ties to exiled president Viktor Yanukovych.

11 August 2017