Commercial Court of the Yamalo-Nenets Autonomous District accepts sanctions restrictions as grounds for freezing injunction in support of future arbitration claim

In Case No A81-7665/2023, the Commercial Court of the Yamalo-Nenets Autonomous District arrested the assets of a US oilfield services company’s local subsidiary in support of a future ICC arbitration. The arrest was required due to sanctions restrictions and, as a consequence, the subsidiary’s withdrawal from the Russian market. Maxim Kulkov (Managing Partner) and Anastasiya […]
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