๐ท๐บ๐ฏ๐ต Neither an arbitration clause nor a jurisdiction clause applies if a party to litigation, a Russian one, has been affected by sanctions. A new decision has just been issued. A court orders a Japan bank to pay about JPY 95 million to a Russian sanctioned bank, while objections to jurisdiction based on a jurisdiction clause in favour of a Japan court rejected (Case No. ะ40-226781/2023). #Japan
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