To enforce or not to enforce, a question for the English courts - July 2014

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In the latest instalment of the Yukos v Rosneft saga (covered previously in our 2012 Alert), the English High Court considered whether an award set aside (annulled) at the seat of arbitration can nevertheless be enforced in England, and the availability of interest on such award.

The question of whether a court should ever enforce an award that has been set aside at the seat of the arbitration has been a topic of much debate and is relevant for any company attempting to enforce in multiple jurisdictions.

Please see full alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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