Work Area: Sanctions

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

The Bar Councils of England and Wales, Northern Ireland and Ireland and the Faculty of Advocates of Scotland have condemned China's recent imposition of sanctions on Essex Court Chambers, which has led to prominent arbitration practitioners leaving the set, and called on other national and international Bar associations to do the same.

28 April 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

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

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

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

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