SYNOPSIS Governments are increasingly enforcing their values through sanctions on commercial parties, with far-reaching effect.  Whilst sanctions have been part of the arbitration landscape for decades, from Iran through North Korea to Myanmar, the global response to Russian aggression in Ukraine has been uniquely widespread and universal, with repercussions that will be felt for years to come. 

This seminar will assess the issues from a conflicts of laws perspectives.  What are the relevant choice of law rules, and how to they apply to disputes being resolved before the Singapore Courts or in Singapore seated arbitrations?  Which sanctions must be given effect to, and how; and what about the blocking statutes that may be enacted in response?  What practical issues might arise, for the sanctioned or other non-sanctioned party?

MODERATOR

Tomas Furlong (Partner, Herbert Smith Freehills)

PANELLISTS

• Nathanael Lin (Partner, Rajah & Tann Singapore LLP)
• Charis Tan (Partner, Peter & Kim)
• Julie Raneda (Partner, Schellenberg Wittmer)
• Juan Pablo Argentato,(Managing Counsel, ICC International Court of Arbitration)