Tag: sanctions
Showing 11 out of 11 results
Supreme Court confirms suspension of payment obligations under letters of credit due to UK Russian sanctions regime
The decision also clarifies the scope of protection offered by s.44 SAMLA, where payment is withheld in the reasonable belief of compliance with sanctions.
Court of Appeal finds English courts lack jurisdiction over sanctioned individual who is not permitted to enter the UK
Commercial litigation podcast series – Episode 32: General update
High Court declines to vary interim payment order despite sanctions concerns
The decision highlights that the courts will not easily allow sanctioned parties to use sanctions as a shield against compliance with court orders.
Unfair prejudice petition: High Court continues interim injunction replacing director who breached sanctions legislation
Court of Appeal finds payment obligations under letters of credit suspended by UK Russian sanctions regime
The Court of Appeal has held that the UK sanctions regime excused a bank from making payment under various letters of credit issued in connection with …
High Court confirms actual ownership of funds must be established before offence can be made out under Russian sanctions prohibitions
The High Court has considered whether a "reasonable cause to suspect" is sufficient, on its own, to establish an offence under Regulation 11 of …
High Court decision considers force majeure and sanctions issues
The High Court has allowed a summary judgment application in relation to a breach of contract claim, finding that there was no realistic prospect of the …
Court of Appeal confirms judgments can be entered in favour of Russian sanctioned parties but leaves uncertainty in relation to the "ownership and control" test
High Court finds UK sanctions do not preclude entry of judgments in favour of Russian sanctioned parties
Navigating UK sanctions against Russian persons in English court proceedings
The UK is one of many countries which have introduced extensive sanctions against Russia, its individuals and entities in light of the military action in …