Review of the most notable court cases in international commercial arbitration and under sanctions restrictions - 2nd Half of 2023 (in Russian).
Recently the judicial practice on challenging sanctions imposed on Russian persons has begun to shape. We have already written about the first successful case with the participation of Russian person Dmitry Ovsyannikov, the former governor of Sevastopol, who managed to have himself excluded from the sanctions list.
Since that case was decided in February 2023, the sanctions removal practice has enriched by several other notable cases.
On October 23, 2023, the European Commission issued updated Consolidated FAQs on the implementation of Council Regulation No 833/2014 and Council Regulation No 269/2014 regarding the definition of criteria for control of companies.
Review of the most notable court cases in international commercial arbitration and under sanctions restrictions - 1st Half of 2023 (in Russian).
The High Court of Justice on March 3, 2023 ruled on the dispute between UniCredit Bank (UK) and aviation companies Celestial Aviation Services Limited (Ireland, a subsidiary of AerCapHoldings N.V. (Netherlands)) and Constitution Aircraft Leasing (Ireland) on the issue of payment of funds under letters of credit of Sberbank.
Review of the most notable court cases in international commercial arbitration and under sanctions restrictions - 2nd Half of 2022.
Review of the most notable bankruptcy disputes in Russia - 2nd Half of 2022 (in Russian).
On February 6, 2023, the EU official journal published news about delisting Dmitry Ovsyannikov, the former governor of Sevastopol, from the sanctions list. The exclusion was preceded by the decision of the EU court of 26 October 2022 following the review of Ovsyannikov's appeal.
The Government approved amendments to the Decree No. 851 dated 11.05.2022, updating the list of legal entities of foreign states, in respect of which special economic measures are applied.
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