Tag: state immunity

Naftogaz and the enforcement of arbitral awards

Naftogaz and the enforcement of arbitral awards

On 28 February 2018, Ukraine’s state-owned gas entity, Naftogaz, secured an award of US$4.67 billion against Gazprom –which required Gazprom only to make a payment of US$2.56 billion on account of certain residual payments owed by Naftogaz – following a lengthy dispute between the parties concerning the supply and transit of Russian gas to consumers […]

State immunity and state-owned enterprises: a recent dispute involving Moldova

State immunity and state-owned enterprises: a recent dispute involving Moldova

In a recent judgment (27 January 2017), the Court of the Southern District of New York ordered state enterprise Moldovagaz S.A and the Republic of Moldova to pay USD 27 million to Gater Assets Limited. The judgment raises certain issues regarding the state’s liability for state-owned enterprises’ commercial activities. Given that the Government of Moldova has never been party […]

DIS Baltic Arbitration Days to Take Place in Riga on 1-2 June, 2017

DIS Baltic Arbitration Days to Take Place in Riga on 1-2 June, 2017

Riga will host 6th DIS Baltic Arbitration Days on 1–2 June, 2017. The conference concentrates on commercial arbitration involving states or state-owned entities. Focus countries: Iran, Russian Federation, Turkey, Ukraine. CIS Arbitration Forum is a media partner of the event. Ever since 2012, the Baltic Regional Group of German Institution of Arbitration together with Riga […]

New Rules on Jurisdictional Immunities of States in Russian Courts
By 13 November, 2015 0 Comments Read More →

New Rules on Jurisdictional Immunities of States in Russian Courts

The new law on Jurisdictional Immunities of Foreign States was signed by the Russian President on 3 November 2015. The law aims at discouraging foreign states from diminishing the immunity of Russian property abroad. The State Duma has drafted it in response to the arrests and freezing of Russian property in France, Belgium and Austria. After the […]