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Gazprom has provided more details about an award issued in an arbitration with a Finnish state-owned gas importer, saying the tribunal ruled the Russian company is owed over €300 million and was entitled to cut off supplies owing to force majeure.
17 November 2022
The United Nations General Assembly has recognised the need for an international mechanism to seek reparations from Russia for its war in Ukraine, while recommending the creation of a register of damage to substantiate future claims.
15 November 2022
Ukrainian disputes lawyer Olga Hamama, co-founder of an NGO that helps refugees from Russia's war in Ukraine, is joining Clifford Chance's Frankfurt office as special counsel.
14 November 2022
ExxonMobil says it is reserving its right to pursue arbitration against Russia over the “expropriation” of its interest in a multibillion-dollar oil and gas project.
02 November 2022
UK financial sanctions agency OFSI has simplified the process for lawyers accepting payments from clients on Russian and Belarusian sanctions lists.
01 November 2022
Months after White & Case announced it would cease acting for Russian and Belarusian state clients in response to the invasion of Ukraine, the law firm has withdrawn as counsel to Belarus in one ICSID case but remains on the record in another.
24 October 2022
The London Court of International Arbitration has been granted a general licence allowing it to process payments from parties subject to the UK’s recent financial sanctions against Russia and Belarus to cover their arbitration costs.
17 October 2022
A conference organised by the Swiss Arbitration Association (ASA) considered economic sanctions and the many ways they can affect international arbitration and cause “sleepless nights” for practitioners. Chloé Terrapon Chassot of Walder Wyss reports.
12 October 2022
Ukraine is petitioning the United Nations to create a commission to resolve claims against Russia for financial damages arising out of the war – amid speculation that some US$300 billion in frozen Russian central bank assets could be targeted for enforcement.
10 October 2022
A panel at GAR Live Energy Disputes in Edinburgh considered the increasingly volatile global energy market resulting from the war in Ukraine, including the resurgence of fossil fuel and potential investment treaty claims.
29 September 2022
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