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Russian Courts Take Contrasting Approaches to Geneva ICC Clauses Under Sanctions
Not all ICC-arbitration clauses are disregarded by Russian courts Two Russian courts were recently seized with the question whether an ICC-arbitration with seat in Geneva is an obstacle to proceedings on the merits in Russian. The one court (St. Petersburg) referred the Finnish claimant to arbitration in Geneva against the Russian defendant, the other (AS […]
Lugovoy Law can be invoked against Russian Parties
Cassation Court Orders Reconsideration of Jurisdiction In a decision dated 4 August 2026, the Arbitrazh Court of the Moscow Circuit in case number A40-27279/2026 rendered a judgment on the jurisdiction of Russian courts over a claim concerning Alfa Holding Issuance PLC eurobonds. The decision clarifies certain elements of art. 248.1 APK, known as „Lugovoy Law“. […]
