Commerzbank AG v RusChemAlliance LLC 2023 EWHC 2510 Comm - 31 August 2023
Country
Year
2023
Summary
There is before me this afternoon an urgent without notice application under section 37(1) of the Senior Courts Act 1981 ("the SCA 1981") for an interim anti-suit injunction ("ASI") seeking to restrain the Respondent ("RusChem") from pursuing proceedings before the Arbitrazh Court of St. Petersburg and Leningrad Oblast ("the Arbitrazh Court") against Commerzbank in breach of an arbitration agreement ("the Arbitration Agreement") contained in an On Demand Performance Bond dated 1 October 2021 ("the Bond").