Tag: international sanctions

Enforcement of Awards Affected by Sanctions
By 21 December, 2022 0 Comments Read More →

Enforcement of Awards Affected by Sanctions

Recent decades have witnessed an upsurge in the imposition of international sanctions in various regions of the world. Time and again, we hear sanctions impinge on the practice of international commercial arbitration and can significantly interfere with the smooth functioning of arbitral proceedings in various ways. Sanctions also pose unique challenges for award creditors seeking […]

Posted in: Commercial Arbitration, Recognition and enforcement of arbitral awards
The Impact of Western Sanctions on Russian Energy Companies
By 1 November, 2017 0 Comments Read More →

The Impact of Western Sanctions on Russian Energy Companies

As a response to the Crimean crisis, in March 2014 the United States and the European Union, followed by Albania, Australia, Canada, Iceland, Montenegro and Norway, initiated sanctions on several Russian citizens and businesses. In August 2014 the Russian government responded by ordering an entry ban on several American and Canadian citizens and a total ban on […]

Posted in: Commercial Arbitration