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London

Founded in 2012, Signature Litigation has grown into one of London’s pre-eminent specialist dispute resolution practices. From the outset, we set out to do things differently: a conflict-free, disputes-only platform designed to give clients the undivided focus and strategic agility that complex, high-stakes matters demand.

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Gibraltar

Established in 2017, Signature Litigation's Gibraltar office was founded to address growing demand for specialist expertise in commercial litigation and private wealth disputes on the Rock.

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Paris

Signature Litigation AARPI houses one of France’s most enviable product liability practices, with the team also handling commercial and corporate litigation, insurance and reinsurance, toxic tort and ESG, civil fraud and asset tracing, international arbitration, administrative and public law.

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Frankfurt

Frankfurt has emerged as one of Europe's foremost financial and commercial centres and, increasingly, as a bridge between European and Asian markets. With that growth comes an increasing demand for sophisticated dispute resolution. Signature Litigation established its Frankfurt office to meet this need, bringing our conflict-free, disputes-only platform to the German market.

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Sanctions against Russia and the impact on arbitration procedures

8 September 2022

The economic sanctions imposed notably by the European Union pose a number of challenges to the conduct of arbitration proceedings.Arbitral institutions have had to heighten their efforts of regularly investigating, throughout the proceedings, whether any of the parties to an arbitration was targeted by a sanctions programme, in particular in regards to the issue of the payment of registration fees and advances on costs. Nonetheless, under the relevant EU Regulation, an explicit carve-out is provided for the payment of legal services, and the EU confirmed on 21 July 2022 that transactions with Russian state-owned entities are exempt from its sanctions regime where they are strictly necessary to ensure access to arbitral proceedings.

A Russian legislation granting exclusive jurisdiction to Russian courts as regards sanctioned persons could generate a great deal of enforcement issues for arbitral awards condemning sanctioned parties. Furthermore, beyond the issue of jurisdiction, the manner in which arbitral tribunals should deal with sanctions regimes remains very uncertain. We anticipate that the multiplication and multilateralization of sanctions could lead jurisdictions to incorporate international sanctions as part of their public policy.

You can read the analysis by Partner Flore Poloni and Associate Kimberley Bazelais published by Option Droit & Affaires here.