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In these situations, our commercial arbitration team can advise on and facilitate the application for such relief, ensuring that the parties’ interests are protected throughout the arbitration process. [contact] The Source of the Court’s Powers Section 44 of the Arbitration Act 1996 gives the Court wide powers to make orders for the preservation of assets […]
The LCIA is introducing a number of new measures for arbitrations and mediations that will take effect from 1 December 2023 and apply to LCIA arbitrations registered on or after that date. Schedule of Costs The new measures include a new Schedule of Costs that introduces a new fee range between £250 and £650 per […]
The issue of whether a non-sanctioned company is subject to a freezing order because a designated person who has been sanctioned under the Russia Sanctions Regulations ‘controls’ the entity has recently received a binding court decision in Litasco SA v Der Mond Oil and Gas Africa SA & Locafrique Holdings SA [2023] EWHC 2866 (Comm) (“Litasco […]
Introduction The recent case of Shvidler v Secretary of State for Foreign, Commonwealth and Development Affairs [2023] EWHC 2121 (Admin) provides a helpful example as to how the High Court decides on cases where the Claimant challenges the lawfulness of a decision by the Foreign Secretary (FS) to designate a person under the Russian sanctions regime. […]
The English Law Week in Central Asia, running from September 15th to 21st, brought together law professionals and students in a unique event spanning Tashkent, Almaty, and Astana. The event marked a significant moment of sharing and exploring various aspects of English law and its intersection with Central Asian legal contexts. Here is an overview […]
The Kazakhstan Legal Forum 2023, spread across two engaging days, served as a vibrant platform for legal enthusiasts and professionals to delve into the core of modern legal challenges and advancements. The event, meticulously organised, unfolded a rich array of discussions that spanned from market regulation to the realms of digital law. The first day […]
In an attempt to address oligopolistic groups and entities implicated in large-scale corruption, President Kassym-Jomart Tokayev of Kazakhstan has sanctioned a law enabling the return of illegally acquired assets to the state. In addition, amendments have been made to the Code of Administrative Offences, the Tax Code, and the Law on the Prosecutor’s Office. In […]
UK Sanctions Do Not Prevent Access To Justice In the case of PJSC National Bank Trust and another v Mints and others [2023] EWHC 118 (Comm), the High Court held that UK sanctions in force against Russian banks did not prevent the banks from: Lawfully satisfying adverse cost orders, Providing security for costs, or Paying any […]
In the Topalsson v Rolls Royce Motor Cars case, the termination of the agreement between Topalsson and Rolls Royce Motor Cars was effectively executed through a second termination notice. The case highlights the precarious nature of entering into a general project development agreement, without identifying, in certain terms, agreed deliverables and delivery deadlines. Understanding the […]
