Topic: Sanctions

A French court has upheld a US$30 million ICC award in favour of Yemen despite arguments the proceeds could be used to fund terrorist groups including Al-Qaeda and thereby violate human rights and international sanctions.

07 October 2021

Lawyers from Aitkulov & Partners report on a Russian Supreme Court case that may make it easier for Russian parties facing sanctions to obtain injunctions restraining arbitrations abroad.

05 October 2021

The US government has once again refused to allow Crystallex to sell off Venezuelan state-owned assets to satisfy an ICSID award, despite the Canadian mining company’s warning that it may pursue a NAFTA claim against the United States as a result.

24 September 2021

The heirs of a Saudi official have once again failed to enforce an US$18 billion award against Chevron in the United States, as their counsel face the prospect of court sanctions for allegedly relying on a “fabricated” news article.

17 August 2021

A Peruvian contractor has hit back at allegations that its victory in an ICC dispute over a refinery project was tainted by two lawyers’ move to a different law firm, calling it “nothing more than an eleventh hour tantrum”.

03 August 2021

The Russian Supreme Court has refused to restrain a Stockholm Chamber of Commerce arbitration on the basis of recent legislation providing for the exclusive jurisdiction of Russia’s courts over disputes involving sanctioned Russian parties.

14 June 2021

In a keynote for GAR Connect Moscow, LCIA director general Jacomijn van Haersolte-van Hof discussed the pressure sanctions and the heightened regulatory framework put on arbitrators, as they strive to maintain their independence and impartiality and deliver justice.

21 May 2021

A full recording of our GAR Connect Moscow Workshop can be found here.

14 May 2021

Matthew Gearing QC, Allen & Overy's former co-head of global arbitration, is to join Fountain Court Chambers as a barrister after his plan to take his predominantly Asia-related practice to Essex Court Chambers was thrown into disarray by China's sanctions against the set.

26 April 2021

Essex Court Chambers has announced the departure of Toby Landau QC and other members of its affiliate practice in Singapore following China's imposition of sanctions on the London-based set; while Jern-Fei Ng QC is moving to another chambers in London.

29 March 2021