International Arbitration: English Court of Appeal Upholds Refusal of Anti-Suit Injunction in UniCredit Dispute

In a judgment handed down on 17 April 2026, the English Court of Appeal (CoA) upheld the Commercial Court’s decision to refuse an anti-suit injunction (ASI) preventing the defendant from pursuing foreclosure proceedings in Russia based on an alleged breach of an arbitration agreement mandating arbitration under the rules of the Vienna International Arbitration Centre (VIAC).... By: Akin Gump Strauss Hauer & Feld LLP