Topic: Sanctions

Gearing changes course after China sanctions

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

Departures announced after China sanctions Essex Court

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

China sanctions Essex Court Chambers

UPDATED. China has imposed sanctions on Essex Court Chambers after a team of barristers issued a legal opinion suggesting the state’s treatment of Uighur Muslims amounts to crimes against humanity and genocide – raising questions over what this will mean for various high profile arbitration practitioners.

26 March 2021

PDVSA to pay out on Conoco award

Venezuela’s state-owned oil group PDVSA has agreed to pay US$48 million to ConocoPhillips to end the US energy company’s bid to enforce an ICC award over the alleged expropriation of an offshore oil project.

08 December 2020

“No conflict” between insolvency and arbitration in Singapore

The Singapore Court of Appeal has confirmed that a prima facie standard of review applies when considering whether to stay a winding-up application on the basis of an arbitration clause – in a dispute triggered by US sanctions against Russian oligarch Oleg Deripaska.

16 April 2020

Iran fails in appeal over EU sanctions

The Court of Appeal in London has confirmed that Iran’s Ministry of Defence is not entitled to interest that has accrued on a £128 million ICC award against a UK state-owned entity following the imposition of EU sanctions – saying the measures were intended to have “confiscatory consequences.”

13 February 2020

PetroVietnam faces claim from sanctioned Russian company

A Russian engineering company hit with US sanctions has reportedly brought a SIAC claim against state-owned PetroVietnam over a stalled project to build a US$1.3 billion power plant.

04 November 2019

Iran denied interest on ICC award because of EU sanctions

An English court has ruled that a UK government-owned supplier of military vehicles is not liable to pay interest on a £128 million award in favour of Iran’s Ministry of Defence that has accrued while it has been subject to EU sanctions.

25 July 2019

Iran wins measures from ICJ over US sanctions

The International Court of Justice has issued provisional measures requiring the United States to ease some of the sanctions it imposed on Iran following President Donald Trump’s decision to withdraw from the deal over the Iranian nuclear programme.

03 October 2018

GAR Live London Lookback: Sanctions – a triangular look

Consider the following, not-impossible scenario. An arbitration in Switzerland, with UK and Iranian parties. The arbitrators are from France, Belgium and India. Do any sanctions apply? Would your answer change if one of the arbitrators were from the US? Such questions were discussed at last year’s GAR Live London, guided by Hans van Houtte, then president of the Iran-United States Claims Tribunal.

23 April 2018

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