Sanctions and Seizures: English Courts Hold the Arbitration Line

Tecnimont S.p.A. (Italian) (“Tecnimont”) and MT Russia LLC (“MTR”) were engaged by LLC EuroChem North-West-2 (“NW2”), a Russian company, as contractors to build a urea and ammonia plant in Russia. The dispute resolution clauses were materially identical and provided for London-seated ICC arbitration.... By: Morrison & Foerster LLP