Region: Europe

Gazprom venture revealed as target of UK anti-suit injunctions

A subsidiary of Russia’s Gazprom has been revealed as the target of a set of recent English anti-suit injunction requests by German banks seeking to enforce Paris-seated ICC arbitration clauses.

11 October 2023

Sweden

Featured in The European Arbitration Review 2024

11 October 2023

Belgium

Featured in The European Arbitration Review 2024

11 October 2023

Recent Arbitration Developments in Finland

Featured in The European Arbitration Review 2024

11 October 2023

Shipping groups settle dispute over failed multibillion merger

A Belgian shipping company has settled an arbitration it filed against a Norwegian transporter after their US$4.2 billion merger fell through.

10 October 2023

Asset finance investor pursues claim against Ethiopia

A US-based investor in leasing of agricultural machinery is pursuing a claim against Ethiopia at the Permanent Court of Arbitration in The Hague, it has emerged.

10 October 2023

Kosovo liable over power plant project

A British power company has reportedly won €20 million in an ICC arbitration against Kosovo over a scrapped power plant – a dispute that also saw a discontinued ICSID proceeding.

10 October 2023

Hong Kong court maintains anti-suit injunction against Gazprom venture

A Hong Kong court has upheld an injunction restraining a Gazprom joint venture from pursuing Russian litigation while an HKIAC arbitration is pending, rejecting allegations the sanctioned entity cannot be guaranteed a fair trial at the arbitral institution.

09 October 2023

UK appeal court finds Russia sanctions don’t prevent fraud suit

The Court of Appeal in London has confirmed that the UK sanctions regime does not prevent courts from entering judgment in favour of sanctioned persons in civil litigation – meaning an US$850 million fraud suit brought by two Russian banks can proceed.

09 October 2023

UK judge digs into award challenge data

In a keynote speech at GAR Live London, Mrs Justice Cockerill of the Commercial Court examined the statistics for award challenges in the English courts – warning those involved in reforming the Arbitration Act that it would be counterproductive to limit the courts' ability to manage challenges.

09 October 2023

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