In October 2024 an attempt by Egyptian businessman Michel Lakah to set aside a 2018 ICDR award was rejected by the United States District Court for the Southern District of New York (“SDNY”), marking what the Respondent...more
The international arbitration landscape has been significantly reshaped in recent years, particularly in the wake of the ongoing war in Ukraine. The surge in commercial and investor-state Russia-related disputes shows no sign...more
PART 4: JURISDICTIONAL BATTLEGROUND IN DISPUTES WITH SANCTIONED RUSSIAN PERSONS -
In a wave of recent decisions, including in proceedings involving a number of Western banks, the Russian courts have disapplied the...more
PART 2: LAUNCH OF THE REGISTER OF DAMAGE FOR UKRAINE -
This week, the Register of Damage for Ukraine (the “Register”) officially launched, meaning that the claims submission process for those seeking compensation for the...more
Part 1: US warns of serious risks of continuing business in Russia: key options for foreign investors -
In its recent business advisory, dated 23 February 2024, the United States (“US”) Government warns businesses and...more