The next phase in Russian sanctions disputes: Injunctions, concurrent court proceedings, the risk and implications of Russian insolvency proceedings, and global enforcement battles

4 Jun 11:30 - 13:00

Cross-border Disputes, Restructuring & Insolvency

Registration for this event will open shortly

Concurrent cross-border proceedings, competing anti-suit and anti-enforcement injunctions, local insolvency proceedings, and the permanent enforcement threat have become a common risk factor for major UK, US and EU companies litigating in Russia.

The Russian courts have increasingly accepted "exclusive jurisdiction" over claims which have clear choice of jurisdiction clauses in favour of alternative venues.  They have also initiated “local insolvency” proceedings against foreign entities, which allows claimants to bring foreign defendants into Russian proceedings, obtain judgments and insolvency orders, and seek recognition and enforcement of such measures against assets located outside Russia.

This discussion will cover: (i) the emerging risks from the Russian litigation landscape and how they are spreading around the globe; and (ii) strategies to deal with those risks.

Members Hosts

  • Herbert Smith Freehills Kramer LLP
  • KK&P Trial Lawyers

Event Contact Details

Name: Danny Davenport

Email: danny.davenport@hsfkramer.com

Categories
Member-hosted
Venue

12 Primrose St, Broadgate, London, EC2A 2EG

Dispute Types
Arbitration, Litigation
Regions
Europe