Global Arbitration Review has unveiled its annual ranking of the world’s leading international arbitration practices, with Wikborg Rein exclusively listed.

The past few years have illustrated with a vast intensity the relevance of international sanctions for an ever expanding number of businesses and sectors. This backdrop has also led to a significant increase in sanctions related disputes, which in turn has led to discussions regarding enforcement of arbitral awards that contravene applicable sanctions.

In arbitration, you have to prove your case even if the opponent does not show up. The no-show creates some pitfalls to avoid.

The massive and unprecedented sanctions imposed against Russia have required significant efforts to manage the risks and impact of sanctions, particularly in view of creative attempts to circumvent by some parties. In this article we explain why you should update your sanctions clause, and how to ensure that it is fit for purpose.

Russia has announced and implemented several countermeasures against so-called "unfriendly states". Some of these countermeasures involve intellectual property rights (IPR), meaning that entities of so-called "unfriendly states" now face countermeasures limiting the protection of their IPR in Russia. Entities of such states that do not anticipate continuing to do business in Russia can expect to see their intellectual property utilised in Russia without compensation.

In the last week, Russia has announced and implemented several countermeasures against so-called "unfriendly states", i.e. states that recently have imposed sanctions against Russia in response to Russia's military aggression against Ukraine.

Arbitration often involves resolving complex and technical matters which call for specific knowledge or experience, including determining the value or quantum of a claim. Expert witnesses are often instructed by parties to do this through written statements and oral testimony before the arbitral tribunal. Generally, in most high value, large and/or complex arbitrations, the parties will benefit from having a party-appointed expert to assess quantum, or to rebut an opposing party’s assessment of quantum. In some instances, relying on experts will simply be a prerequisite to convince the tribunal. In this article, we discuss key considerations when appointing such an expert.

Handelsrett

Internasjonale sanksjoner og eksportkontroll

Olje og gass

Kontraktsrett og entreprise

Tvisteløsning

Partner

Aadne er ekspert på internasjonal voldgift. Spesialiteten hans er tvister under langsiktige internasjonale avtaler om transport og kjøp og salg av gass og andre råvarer. Aadne har rådgitt og representert industrielle og statlige klienter innenfor petroleums- og prosessindustrien i kontraktsforhandlinger og tvister i 20 år. Tvistene har blant annet sprunget ut av prisrevisjoner, joint ventures, sanksjoner og oppkjøp og fusjoner. Han har erfaring fra både institusjonell, ad-hoc og investeringsvoldgift. Aadne leser og snakker russisk og har særlig erfaring med tvister fra det tidligere Sovjetunionen, ikke minst med å representere ukrainske Naftogaz i milliardtvister mot Gazprom

Oslo

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Aadne leder firmaets fagområde for gasstvister. Han er ekspert på langsiktige internasjonale avtaler om transport og kjøp og salg av gass og andre råvarer, og har spesialisert seg på tvisteløsning innenfor dette området, særlig internasjonal voldgift.