September proved fruitful for challenging sanctions and delistings. However, not everyone succeeds in lifting sanctions even with a positive ruling from the EU Court of Justice, and lawyers are concerned about the illogical distribution of the burden of proof. Administrative review, which some Russians have successfully resorted to, is fundamentally different in this regard. At the same time, the EU Council provided important clarifications regarding the possibility of paying fees in disputes over blocked assets. Practice under the “Lugovoy Law” continues to develop in Russian courts, and the Ministry of Economic Development is preparing to sign an agreement with the UAE on trade in services and investment.
In the September issue of the International Digest, Elena Lebets, an Associate at Nordic Star’s Dispute Resolution practice, analyzed two arbitration disputes: Step Logistics versus the Italian company Rizzani de Eccher S.p.A. and Sveza Tyumen versus Finnish Raute.
Elena assessed how the courts’ approach in these cases corresponds to established practice in applying Article 248.1 of the Arbitration Procedure Code of the Russian Federation.
The commentary can be found on the Pravo.ru website.