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VTB Capital PLC v Continental Capital Markets Ltd The yet to be decided case of VTB Capital PLC v Continental Capital Markets Ltd (case number LM-2025-000237), which concerns settling securities trades for a sanctioned Russian company, illustrates how sanctions can result in costly legal disputes concerning contractual non-performance. The decision in VTB Capital PLC v […]
Rashid and Charles discussed the dispute-resolution landscape in Central Asia, from differences in jurisdiction and enforcement between states to the rise of construction and renewable-energy claims, and the overlap between commercial and investor-state cases. They also touched on headline matters around the Kashagan and Karachaganak oil fields, using them to illustrate recurring themes such as […]
A commentary on s.44 of the Arbitration Act 2025 Confusing, unsatisfactory, inconsistent. These are some of the words that could be used to describe Section 44 of the Arbitration Act 1996 (“s.44”) just last year. With the Arbitration Act 2025 coming into force in August 2025, reforms have been introduced which aim to enhance efficiency […]
Can a company remove a director for mismanagement in the UK? Yes. Under UK company law, you can remove a company director for mismanagement but doing so requires a strategic, well-documented approach to minimise risk and ensure compliance with the Companies Act 2006. Director mismanagement may include: Breaching statutory directors’ duties. Failure to manage commercial […]
Lead Agency & External Counsel Host states can improve their internal dispute-management processes by designating lead agencies that are competent and technically capable of handling investor claims and liaising with the relevant state organs. This internal team or lead agency should have sufficient capacity to coordinate all parts of the dispute process, including the identification […]
Choice of Governing law The data from the ICC over the past three years confirms the preference for English and Welsh governing law in international arbitration. A steady and consistent use of English law has been reported, with 125 cases governed by it in 2024, maintaining its primary position. In contrast, the use of U.S. […]
Link to Rashid’s Lexology page: https://www.lexology.com/firms/eldwick-law/rashid_gaissin
By involving a solicitor early on, there is a greater chance of resolving matters through mediation, negotiation, or other non-court dispute resolution methods. What Is Unfair Prejudice? Under section 994 of the Companies Act 2006, company members can bring a claim of unfair prejudice if they can prove: That the company is being run, or […]
Introduction Following the fall of the Assad regime, the United States, European Union, and United Kingdom have taken initial measures to start easing sanctions on Syria in order to allow it to rebuild its political framework, infrastructure, and economy. The lifting of these sanctions is, however, conditional on the new Syrian government demonstrating a commitment […]
