Work Area: Sanctions

A sanctioned Russian chemicals group says it will pursue international arbitration after Polish authorities seized control of its stake in a local fertiliser producer.

14 July 2023

Finland’s majority state-owned energy company has threatened Russia with an investment treaty claim worth several billion euros after its operations in the country were seized under a presidential decree.

13 July 2023

Mozambique has seen the end of four arbitrations lodged by an Abu Dhabi-based shipbuilder that the state accused of paying bribes to procure sovereign guarantees for lenders – allegations at the centre of a US$2 billion lawsuit pending in the UK courts.

12 July 2023

A Russian court has refused to suspend a billion-euro lawsuit in favour of HKIAC arbitration – finding there was reason to doubt the sanctioned defendant would be guaranteed a fair trial at the Hong Kong centre.

05 July 2023

The Court of Appeal in London has affirmed that Italian engineering group Tecnimont breached an anti-suit injunction issued in aid of a billion-euro ICC arbitration over a Russian ammonia plant disrupted by international sanctions.

03 July 2023

Airbus is pursuing an ICC claim against a Russian state-owned leasing company over aircraft supply contracts disrupted by international sanctions.

20 June 2023

A Korean shipbuilder is reportedly facing a US$890 million SIAC claim from three Russian companies after it cancelled contracts over sanctions and alleged non-payment.

02 June 2023

An Irish leasing company has filed a US$600 million LCIA claim against Russian airline Aeroflot – one of several arbitrations the flag carrier is facing over planes left stranded in Russia following its invasion of Ukraine.

01 June 2023

Poland’s Europol Gaz has filed an SCC arbitration against Gazprom reportedly seeking US$1.47 billion over delayed gas deliveries – as an Indian state entity also lodges a claim against a former unit of the Russian company over halted supplies.

19 May 2023

On the opening day of London International Disputes Week, a panel discussed new challenges for London as a centre for Russian disputes – as well as broader issues such as the impact of sanctions, seizing Russian assets and the potential for new investment treaty cases.

15 May 2023