12th Package of EU Sanctions – The “No Russia Rule” and how this affects aviation contracts
This article looks at the No Russia Rule contained in the 12th package of EU sanctions.
This article looks at the No Russia Rule contained in the 12th package of EU sanctions.
In a recent decision, the English Commercial Court has held there to be strong reasons to override Russian jurisdiction clauses and hear the claims brought by aircraft lessors against reinsurers in the English court.
On 5 December 2022, the long-awaited Russian oil price cap measures and related sanctions came into effect. This article highlights some of the challenges and risks that may be posed to the maritime industry in attempting to comply.