Siemens appeals against Russian ruling refusing injunction against Crimean turbines

The Moscow Arbitration Court has refused to grant injunctive relief in an action by Siemens Gas Turbines Technologies LLC (SGTT) against Technopromexport LLC and Technopromexport VO OJSC (subsidiaries of Russian state conglomerate Rostec) in respect of power turbines illegally diverted to Russia-annexed Crimea in mid-2017 (in violation of EU sanctions). As part of its claim, SGTT sought an injunction preventing...