PCA tribunal rejects application to stay PrivatBank arbitration because of effect of sanctions on legal team

17 August 2022

PCA tribunal rejects application to stay PrivatBank arbitration because of effect of sanctions on legal team

In March 2022, the Permanent Court of Arbitration is reported to have rejected Russia’s request to stay Privatbank’s BIT arbitration proceedings after its legal team resigned after Russia sanctions. Statement. The tribunal said it...

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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