Russia sanctions litigation - recent developments and future risks

There had been several important developments since our last webinar on Russia sanctions litigation in October 2024. Firms continued to face risks from litigation commenced by Russian sanctioned entities in the Russian courts.

In this webinar, Adam Brown, Basil Woodd-Walker, and Tom Bowen (Simmons & Simmons), along with Sergey Petrachkov and Polina Perova (Alrud law firm), provided an update on recent trends in Russia sanctions litigation, including:

• The joint liability of group companies with a Russian subsidiary in Russian litigation.
• Recent developments concerning western parties seeking anti-suit relief outside of Russia.
• Trends in the enforcement of Russian judgments, both inside and outside Russia.
• Practical implications for sanctions compliance.

They also scanned the horizon for risks, including:

• Anticipated legislation on the confiscation of assets.
• The impact of the latest UK and EU sanctions measures.
• The anticipated increase in claims before expiry of the Russian limitation period.