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Russian Supreme Court denies enforcement of award based on the allegedly unfriendly nationalities of arbitrators

The Russian Supreme Court has denied the enforcement of an arbitral award issued by a tribunal seated in London, on the grounds that the arbitrators’ nationalities were “unfriendly”. This is the latest example of Russian...more

Client Alert Russian Counter Sanctions II

Over two years since the full-scale invasion of Ukraine triggered the imposition of worldwide sanctions against Russia, Moscow has continued to respond in the form of new counter-sanctions. We have previously summarized...more

Russian Supreme Court says sanctioned persons may ignore arbitration clauses

On 9 December 2021, Russian Supreme Court published its decision on the appeal in the case of Uraltransmash vs PESA, which was of great interest for every party doing business with Russian companies....more

Sustainability-linked loans in Russia: a hot market

When it comes to sustainable lending, the Russian loan market is punching above its weight. Many of Russia’s leading corporates have raised ESG or sustainability-linked loans (in some cases, multiple loans) over the last...more

Global Financial Regulatory Trends Related to ESG Issues Outside the EU

When it comes to sustainable lending, the Russian loan market is punching above its weight. Many of Russia’s leading corporates have raised ESG or sustainability-linked loans (in some cases, multiple loans) over the last...more

Developments in US sanctions targeting Russia

The Biden administration has issued new sanctions on Russian individuals and entities as well as prohibitions on US financial institutions' transactions with Russia's Central Bank, National Wealth Fund, and Ministry of...more

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