Judgment clarifies the exceptional circumstances in which anti-arbitration injunctions against foreign-seated arbitrations might be granted.
In Sabbagh v Khoury, Justice Knowles in the High Court issued an anti-arbitration...more
Judgement clarifies that the Brussels Recast Regulation does not reverse the West Tankers decision.
In Nori Holdings v Bank Otkritie, Justice Males in the High Court issued an anti-suit injunction to restrain court...more
Judgment confirms the effectiveness of contractual provisions that prevent the parties from varying their contract orally.
The Supreme Court of the United Kingdom recently held that an oral variation of a contract was...more
Arbitrators should disclose subsequent appointments to related arbitration proceedings, particularly if cases materially overlap.
In the Halliburton v Chubb ruling, the Court of Appeal held that an arbitrator who did not...more
Withdrawal from the JCPOA will lead to re-imposition of several categories of US sanctions.
On May 8, 2018, President Trump announced that the United States will withdraw from the Joint Comprehensive Plan of Action...more
Two recent English court decisions provide useful reminders that parties to arbitration agreements must take care to properly serve arbitration proceedings on the other party. In doing so, parties will avoid the risk of the...more
On 6 June 2017, the High Court held that there was sufficient evidence that an award of over US$500 million in damages against the Republic of Kazakhstan may be tainted by fraud and that this should be examined at trial...more
On 1 March 2017 the UK Supreme Court1 overturned an order of the Court of Appeal and decided that Nigerian National Petroleum Corporation (NNPC) could not be required to provide monetary security as a condition for resisting...more
5/8/2017
/ Arbitration ,
Brussels Convention ,
Chamber of Commerce ,
Criminal Prosecution ,
ICSID ,
International Arbitration ,
International Chamber of Commerce (ICC) ,
ISDA Master Agreement ,
Jurisdiction ,
New York Convention ,
SIAC
On 1 March 2017 the Supreme Court overturned an order of the Court of Appeal and decided that Nigerian National Petroleum Corporation (NNPC) could not be required to provide monetary security as a condition for resisting...more
London has long enjoyed a reputation as one of the most popular and trusted arbitral seats in the world. The use of arbitration in England is long-standing and a legislative framework recognizing and seeking to encourage the...more
A recent High Court decision provides a timely reminder that parties to an arbitration agreement must take care to ensure that arbitration proceedings are properly served to avoid an award being set aside or refused...more
The Stockholm Chamber of Commerce’s (SCC) revised draft Rules for Expedited Arbitration (the “Expedited Rules”) and the SCC’s draft Arbitration Rules (“the Arbitration Rules”) (together “the Rules”), due to come into force in...more
Privy Council clarifies the nature of arbitration clauses, but uncertainties about the clauses’ effect still remain.
“Non-exclusive” arbitration clauses provide that disputes “may” be referred to arbitration (rather than...more
7/14/2016
/ Arbitration Agreements ,
Arbitration Awards ,
Arbitrators ,
Bilateral Investment Treaties ,
Canada ,
Conflicts of Interest ,
Enforceability ,
EU ,
Financial Institutions ,
Forum Selection ,
Free Trade Agreements ,
ICSID ,
Implementation Day ,
International Arbitration ,
International Chamber of Commerce (ICC) ,
Investor State Dispute Settlement (ISDS) ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Restitution ,
Romania ,
SDN List ,
Sovereign Immunity ,
SWIFT ,
Switzerland ,
Venezuela ,
Zimbabwe
Case: Expofrut SA & Others v Melville Services Inc and Lavinia Corporation [2015] EWHC 1950 (Comm)
The English High Court has ruled that an extension to a contractually agreed period in which arbitration proceedings must...more
Case: JSC BTA Bank v Ablyazov [2015] UKSC 64
Introduction -
A freezing order is an interim injunction that prevents a party to litigation from dealing with their assets until judgment (and on occasion, after...more
The EU and UN terminate most of their sanctions on Iran, while the US implements more limited changes to its longstanding embargo.
On January 16, 2016, the International Atomic Energy Agency (IAEA) verified that Iran...more
Recent and upcoming milestones fuel expectations of Iran opportunities in 2016.
As reported in our Client Alert dated July 16, 2015, the Joint Comprehensive Plan of Action (JCPOA) provides for the eventual termination of...more
The Iran sanctions landscape is poised to change in early 2016, but US persons and US companies will see far fewer opportunities than their European counterparts.
On July 14, 2015, the P5+1 countries (the United...more
7/17/2015
/ Aircraft ,
Aircraft Equipment ,
EU ,
Export Controls ,
IAEA ,
Imports ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Nuclear Power ,
Nuclear Weapons ,
P5+1 Nations ,
Popular ,
Trade Relations ,
UN Security Council ,
United Nations
The US and EU take coordinated action to broaden and align their Russia-related sanctions — which may evolve further depending on Ukraine peace plan progress.
On September 12, 2014, the US and the EU announced new and...more
9/16/2014
/ Asset Freeze ,
Banking Sector ,
Banks ,
Debt Financing ,
Equity Financing ,
EU ,
Export Controls ,
Russia ,
Sanctions ,
SSI List ,
Travel Ban ,
Ukraine