Barclays Bank PLC v PJSC Sovcombank & Anor [2024] EWHC 1338 (Comm) (24 May 2024)-(Foxton J) Commercial Court 26 Jun Written By Louise Glover Sovcombank sought damages in the Russian courts after UK Sanctions prevented Barclays making payments under a financial facility. Supporting the facility's English exclusive jurisdiction clause, the Court granted Barclays not only an anti- suit injunction against Sovcombank but also a rare anti-enforcement injunction to further guard against a Russian judgment. Commercial Court Louise Glover
Barclays Bank PLC v PJSC Sovcombank & Anor [2024] EWHC 1338 (Comm) (24 May 2024)-(Foxton J) Commercial Court 26 Jun Written By Louise Glover Sovcombank sought damages in the Russian courts after UK Sanctions prevented Barclays making payments under a financial facility. Supporting the facility's English exclusive jurisdiction clause, the Court granted Barclays not only an anti- suit injunction against Sovcombank but also a rare anti-enforcement injunction to further guard against a Russian judgment. Commercial Court Louise Glover