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Iran denied interest on ICC award because of EU sanctions

Iran denied interest on ICC award because of EU sanctions

25 July 2019

An English court has ruled that a UK government-owned supplier of military vehicles is not liable to pay interest on a £128 million award in favour of Iran’s Ministry of Defence that has accrued while it has been subject to EU sanctions.

Switzerland must post security for release of vessel and crew

Switzerland must post security for release of vessel and crew

12 July 2019

A UN court in Hamburg has ruled that Switzerland must post a bond of US$14 million to secure the immediate release of an oil tanker and four of its crew detained by the Nigerian navy more than a year ago, until an arbitral tribunal decides whether their detention violated the law of the sea.

Russia challenges Crimea awards and changes strategy

Russia challenges Crimea awards and changes strategy

06 June 2019

Russia has applied to the Swiss courts to annul a pair of investment treaty awards in favour of Ukrainian investors who had their assets seized in Crimea – as the state announces it has reversed its policy of not participating in arbitrations arising from its annexation of the territory five years ago.

Russia ordered to release Ukrainian vessels and crew

Russia ordered to release Ukrainian vessels and crew

28 May 2019

A UN court has ordered Russia to release three Ukrainian naval vessels and 24 servicemen that were detained last year in waters adjacent to Crimea – as Ukraine pursues an arbitration over their seizure.

Ukraine seeks order for release of vessels and crew

Ukraine seeks order for release of vessels and crew

18 April 2019

Ukraine has initiated arbitration against Russia over its continued detention of three Ukrainian naval vessels and 24 servicemen following an incident last year in waters adjacent to Crimea – and has asked an international court for provisional measures to ensure their immediate return.

New phase of “gas wars” begins in Stockholm

New phase of “gas wars” begins in Stockholm

31 January 2019

A newly formed tribunal at the Stockholm Chamber of Commerce has begun hearing the latest iteration of a multibillion-dollar dispute between Ukraine’s Naftogaz and Russia’s Gazprom over long-term contracts for the supply and transit of gas.

Naftogaz turns to US courts in battle with Gazprom

Naftogaz turns to US courts in battle with Gazprom

13 December 2018

Ukraine’s national oil and gas company Naftogaz has asked the US courts for help in obtaining information about Gazprom’s European assets in connection with its efforts to enforce a US$2.56 billion SCC award.

Slovenia takes Croatia to European court over unimplemented border award

Slovenia takes Croatia to European court over unimplemented border award

06 November 2018

Details have emerged of an action brought by Slovenia against Croatia in the Court of Justice of the European Union for failing to enforce an arbitral award resolving a land and sea border dispute between the two Balkan countries in light of an arbitrator’s conduct.

Iran wins measures from ICJ over US sanctions

Iran wins measures from ICJ over US sanctions

Premium article - 03 October 2018

The International Court of Justice has issued provisional measures requiring the United States to ease some of the sanctions it imposed on Iran following President Donald Trump’s decision to withdraw from the deal over the Iranian nuclear programme.

China and Philippines negotiate over South China Sea

China and Philippines negotiate over South China Sea

Premium article - 12 September 2018

China and the Philippines are negotiating a deal to jointly exploit oil and gas in the disputed waters of the South China Sea – despite an arbitration award which rejected China’s claims to historic rights over the vast majority of the maritime territory.