Bird & Bird wins arbitration case on EU sanctions rules

Published

Sep 26 2024

Written By

I am a partner and head of our international Public Procurement group in Denmark. Besides being one of Denmark's leading public procurement law specialists, I am co-head of our Copenhagen office and our international Public Procurement group.

Søren Narv Pedersen

Partner
Denmark

I'm a partner and head of our international HR Services group in Denmark and a member of our international Trade Secrets Protection group. I've spent over 20 years specialising in labour and employment law, court and arbitration cases, trade secrets, company law and M&A.

Alexander Bastkær Stangerup

Senior Associate
Denmark

I am senior associate in our international HR team in Denmark, specialising and advising in labour and employment law.

Practices

Søren Narv Pedersen and Alexander Bastkær Stangerup at Bird & Bird win a multimillion-dollar international arbitration case on behalf of Aalborg Forsyning, a Danish multi-utility company, and prove that sanctions against Russia are enforced.

Aalborg Forsyning was justified in cancelling framework agreement with Russian coal supplier

The case was brought before the Danish Institute of Arbitration and concerned the question whether Aalborg Forsyning's cancellation of a framework agreement for the supply of coal was justified.

Aalborg Forsyning can finally breathe a sigh of relief as the international arbitration tribunal ruled that Aalborg Forsyning was justified in cancelling the supply of coal from the Russian coal company as a result of the EU sanctions against Russia.

The case is particularly important as it is one of the first cases concerning the enforcement of the sanctions rules against Russia after the sanctions rules came into force.…