Technical State University of Kaliningrad v Yukos - Hulley and Veteran - Order of the Antwerp Court of First Instance - Flemmish and English translation - 27 June 2016
Country
Year
2016
Summary
Case report (free download)
Case Report by Xiaojun Wang and Maria I. Pradilla Picas
Summary
Following the annulment of the arbitral awards of Yukos v. Russia by the court of The Hague on 20 April 2016, on 27 June 2016, the Court of First Instance Antwerp (the "Court") granted the application filed by Technical State University Of Kaliningrad to prohibit Hulley Enterprises Limited, Veteran Petroleum Limited, and Yukos Universal Limited from levying any type of attachment on two sailing ships on the basis of the above annulled awards. In doing so, the Court relied on Article 18 and Article 584, second section of the Belgian Judicial Code, which permits the introduction of a claim to prevent the violation of a seriously endangered right, so long as the elements of necessary urgency and absolute necessity are met.
Main issues
Enforcement of Annulment - Interim Measure under Belgian Judicial Code
Case report provided by International Arbitration Case Law (IACL)