Region: Russian Federation
Pellet and Curtis cease counsel work for Russia
Leading public international lawyer Alain Pellet and Curtis Mallet-Prevost Colt & Mosle have withdrawn from Russia’s counsel team in a set of state-to-state disputes with Ukraine.
01 March 2022
Ukraine instructs Covington for ICJ claim against Russia
Ukraine has retained Covington & Burling as it launches a new claim at the International Court of Justice accusing Russia of using false claims of “genocide” to justify its invasion of the country.
28 February 2022
LCIA award surfaces in Russian bank fraud case
Sons of a prominent Russian businessman took part in a “dishonest scheme” with a bank executive to replace US$500 million worth of secured loans with “unmarketable” bonds, according to a now-public LCIA award.
22 February 2022
Russian court rules unlicensed foreign institutions can act as appointing authority
A Moscow court has ruled that foreign arbitral institutions without a licence to administer cases in Russia can nonetheless perform certain functions in relation to ad hoc arbitrations in the country, including appointing arbitrators.
18 February 2022
Gazprom launches new price review over Polish supplies
UPDATED: Gazprom’s exports arm says it has launched another price review claim under a long-term gas sale agreement with Polish state utility PGNiG – while it continues to try to overturn the outcome of a prior arbitration.
17 January 2022
Existence of sanctions justifies anti-arbitration injunctions in Russia
The Russian Supreme Court has ruled for the first time that sanctioned Russian parties need not prove that sanctions have actually impeded their access to justice to obtain an injunction restraining a foreign arbitration. Timur Aitkulov and Galina Valentirova of Aitkulov & Partners in Moscow report.
13 January 2022
Oligarch fails to revive treaty claim against Russia
Former banker Sergei Pugachev has failed to persuade a Spanish court to revive his US$14.5 billion investment treaty claim against Russia.
10 January 2022
LCIA panel upholds Russian bank fraud claim
An LCIA tribunal has reportedly upheld fraud claims by two bailed-out banks against companies linked to the family of a Russian property tycoon but is still to rule on a claim for US$475 million in losses.
17 December 2021
What the Dutch Supreme Court decided in the Yukos case
Stan Putter of Smallegange Lawyers explains why the recent Dutch Supreme Court judgment on the US$50 billion Yukos awards against Russia didn’t bring the closure the parties were expecting and leaves the status of the awards “ambiguous”.
17 December 2021
Russian and Italian banks win round of oil services dispute
An English court has upheld a US$43 million LCIA award in favour of Russia’s Gazprombank and its Italian partner in an oil services venture while refusing to disqualify the arbitrators from related arbitrations.
14 December 2021