EU sanctions against Russia prohibit EU companies from supplying certain goods to Russian entities, for which the latter have often already made advance payments. As a result, there has been a…
Since 1993, Russian arbitration law has supported arbitration and required courts to uphold and enforce arbitration clauses. However, in response to Western sanctions imposed on Russian individuals…
A foreign arbitral award that provides for a payment obligation that is contrary to EU sanctions violates public order pursuant to Article V(2)(b) of the New York Convention and thus cannot be…
