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In Europe

Baker McKenzie International Arbitration Yearbook 2019-2020 – Russia

by 21 Mins Read

RUSSIA Irinia Varyushina A. LEGISLATION AND RULES A.1 Legislation International arbitration in Russia continues to be governed by Law on International Commercial Arbitration[1]. Certain issues concerning international commercial arbitration such as requirements to arbitral institutions for administering disputes in Russia, resolving corporate disputes, are governed by the Law on Arbitration in Russia (“Law on Domestic Arbitration.”)[2] In March 2019 certain important changes to the Law on Domestic Arbitration, which also apply to international commercial arbitration…

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In Asia-Pacific

Zimbabwe, Part II: Foreign Investors Faced With Zimbabwe Diamond Mine Nationalization May Have Legal Options

by and 6 Mins Read

Editor’s Note: This is the second of two articles on recent developments related to expropriations in Zimbabwe. This article deals with new legislation concerning the nationalization of the diamond mining industry, while the first article, by Andy Moody and Richard Allen, covers a recently leaked ICSID award concerning Zimbabwean land reforms. Within the last few weeks, the Government of Zimbabwe under President Robert Mugabe announced that it would nationalize the entirety of Zimbabwe’s diamond mining…

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In Arbitration Procedure

European Court of Justice upholds arbitral tribunal anti-suit injunctions

by and 3 Mins Read

In a highly anticipated decision (Gazprom C-536/13) the European Court of Justice (the “ECJ”) has clarified that anti-suit injunctions issued by arbitral tribunals are not contrary to the provisions of the Brussels I Regulation. Gazprom and the Lithuanian Ministry of Energy (the “Ministry”) were both shareholders in a Lithuanian natural gas company, Lietuvos Dujos. The Shareholders’ Agreement provided for the resolution of disputes to be referred to arbitration under the Rules of the Stockholm Chamber…

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