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NEWSru.co.il :: Верховному суду Нидерландов рекомендовано отклонить жалобу России по компенсации бывшим акционерам ЮКОСа

NEWSru.co.il :: Верховному суду Нидерландов рекомендовано отклонить жалобу России по компенсации бывшим акционерам ЮКОСа
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Challenge to the court's jurisdiction on the grounds of state immunity: confirmation of the English court's powers under s103(5) of the Arbitration Act | White & Case LLP

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In its recent decision in (1) Hulley Enterprises Limited, (2) Yukos Universal Limited, (3) Veteran Petroleum Limited v The Russian Federation,
1 the High Court concluded that where a party has challenged the jurisdiction of the court under the State Immunity Act 1978 ( the SIA ), the English courts do not have the power under s103(5) of the Arbitration Act 1996 (the Arbitration Act ) to order an adjournment of or grant security in aid of proceedings for recognition or enforcement of an arbitral award.
In his judgment, Mr Justice Henshaw reaffirmed the well-established principle that state immunity is a preliminary issue, which must be decided before any other issues in the case. He clarified that any exercise of powers under s103(5) would constitute the assertion of adjudicative jurisdiction over a state in circumstances where the court has not yet determined such jurisdiction to exist. ....

Republic Of Bolivia , Russian Federation , Justice Henshaw , Jasmine Mann , Justice Leggatt , Soleh Boneh , Yukos Oil , A Co Ltdv Republic , High Court Decision , Dutch Supreme Court , Euro Telecom International , Hulley Enterprises , Yukos Universal , District Court , Yukos Oil Company , Energy Charter Treaty , Permanent Court , European Court , High Court , White Case , Hulley Enterprises Limited , Yukos Universal Limited , Veteran Petroleum Limited , State Immunity Act , Arbitration Act , Yukos Shareholders ,