Dealing with Anti-Arbitration Injunctions in International Commercial Arbitration
Since the Russian invasion of Ukraine in 2022 and the European Union’s (“EU”) subsequent tightening of Russia sanctions, Western parties to international arbitration proceedings involving Russian parties have increasingly been confronted with anti-arbitration injunctions issued by Russian courts. These injunctions have their basis in Article 248 of the Russian Arbitrazh Procedural Code (“APC”), which also…