A Russian court has ordered a Czech state-owned gas transporter to halt a Prague arbitration against Gazprom’s exports arm or face a €113 million penalty.
07 March 2024
German state-owned energy group Uniper has put Russia on notice of a potential investment treaty claim over a decree that placed its Russian assets under temporary state control.
29 February 2024
Finland’s majority state-owned energy company has launched an investment treaty claim against Russia, seeking several billion euros in damages over the seizure of its operations in the country.
27 February 2024
A Dutch appeal court has rejected Russia’s arguments that awards worth US$60 billion in favour of the former majority shareholders of Yukos were tainted by procedural fraud, finding that the allegations were time-barred and unlikely to have changed the outcome of the arbitration.
20 February 2024
UPDATED. A sanctioned Russian engineering company has won more than US$500 million in a SIAC arbitration with Vietnam’s national oil and gas company, after defeating a much larger counterclaim.
12 February 2024
An ICSID additional facility tribunal has thrown out a claim worth up to US$234 million brought by a Russian railway company against Belarus, after it found the investor engaged in a fraudulent scheme.
02 February 2024
The former majority of shareholders of Yukos have seized a London property owned by Russia to satisfy the legal costs of their battle to enforce awards worth US$60 billion.
02 February 2024
The International Court of Justice has ruled that Russia breached international conventions against the financing of terrorism and racial discrimination following its annexation of the Crimean Peninsula – but rejected Ukraine’s requests for further relief, including its claims for damages.
31 January 2024
DECISION NOW PUBLISHED: The Court of Appeal of England and Wales has issued a final anti-suit injunction to enforce a Paris-seated ICC arbitration agreement – restraining a Gazprom subsidiary from pursuing a €448 million lawsuit against a German bank in the Russian courts.
30 January 2024
A Russian company has warned Bolivia of a potential arbitration over payments reportedly owed for supplies of Russia’s state-developed covid-19 vaccine.
23 January 2024
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