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EuroChem v Societe Generale & Ors: a sanctions-driven barrier to payment enforcement
Posted: 27/10/2025
In a significant Commercial Court decision, LLC EuroChem North-West-2 and Eurochem Group AG brought proceedings against Societe Generale and ING Bank, seeking payment under six on-demand bonds issued in 2021–2022. These bonds, governed by English law, were intended to secure EuroChem’s obligations under construction contracts......>>
Supreme Court upholds sanctions in Shvidler and Dalston: a cautious affirmation of executive power
Posted: 15/08/2025
On 29 July 2025, the Supreme Court handed down its long-awaited decision in the joint appeals of Shvidler v Secretary of State for Foreign, Commonwealth and Development Affairs and Dalston Projects Ltd v Secretary of State for Transport [2025] UKSC 30......>>
Terminating a charterparty based on sanctions concerns: the devil really is in the detail
Posted: 06/08/2025
A recent Commercial Court decision in Tonzip Maritime Ltd v 2Rivers PTE Ltd [2025] EWHC 2036 (Comm) provides important guidance on the use of sanctions screening tools in commercial transactions and the legal threshold for terminating contracts on sanctions-related grounds. It was decided by the Commercial Court that the owner's......>>
EU’s 18th sanctions package: key impacts for trade, energy and shipping
Posted: 22/07/2025
On 18 July 2025, the European Union adopted its 18th package of sanctions against Russia, representing one of the EU’s most comprehensive sanctions packages since the outset of the war in Ukraine. It represents a sharp escalation in legal, reputational and compliance risks for the shipping, trade and energy sectors. This package targets......>>
What do the latest UK/EU sanctions against Russia mean for the shipping sector?
Posted: 04/06/2025
On 20 May 2025, the EU and the UK announced further sanctions against Russia. This marks the EU’s 17th package of restrictive measures in response to the ongoing war in Ukraine. The new measures continue to target critical points of Russia’s economic and military infrastructure, while tightening enforcement and addressing circumvention......>>

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