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Directors’ liability in the event of refusal to pay: when is a director personally liable?
A director may be personally liable if he causes, or permits, a company to fail to pay a debt, whilst he should have seriously considered the likelihood that that debt would have to be settled in the near future. This applies not only to clear-cut ‘walk-away’ schemes, but also, for example, where a director allows […]
EU sanctions and claims for damages: can a Russian party claim damages in the event of non-delivery?
A Russian or sanctioned party may seek damages, specific performance or a refund if a European company fails to deliver due to EU sanctions. Article 11 of EU Regulation 833/2014 may offer protection in such a situation. This ‘no-claims’ provision is intended to prevent a party from seeking, through the courts, to derive benefit from […]
EU’s 18th Sanctions Package Against Russia
On July 18 2025, the EU unveiled its 18th package of sanctions against Russia, described as one of the most far-reaching yet. With measures ramping up pressure on the Russian energy, banking, and defense sectors. But, what do these measures mean in practice? Our interdisciplinary team of sanctions and litigation experts has taken a closer look. In this focused […]
