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Home»Explore by countries»Hong Kong»Hong Kong court rejects Canadian bank’s sanctions defence
Hong Kong

Hong Kong court rejects Canadian bank’s sanctions defence

By IslaJune 11, 20261 Min Read
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Hong Kong court rejects Canadian bank’s sanctions defence


The court prioritised Hong Kong’s pro-arbitration public policy (Credit: Shutterstock/akturer)

A Hong Kong court has upheld the enforcement of a €30 million LCIA award won by a major Russian nickel producer against a Canadian bank, dismissing objections that payment risked breaching international sanctions. 

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