Large-scale privatisation in Ukraine took a hit as a result of the COVID-19 pandemic and was temporarily suspended in March 2020 as a quarantine measure. On 4 February 2021, the draft law No. 4543, which unblocks the ability to hold large-scale privatisation auctions, passed the first reading in the Ukrainian parliament.

In Riverrock Securities Limited v International Bank of St Petersburg (Joint Stock Company) [2020] EWHC 2483 (Comm) the High Court granted Riverrock Securities Limited (“RSL”) an interim anti-suit injunction against bankruptcy proceedings brought against RSL by the receiver of the International Bank of St Petersburg (“IBSP”) (the Bankruptcy Proceedings).

The case of Philpott & Orton v Lycee Francais Charles De Gaulle Schoolserves as a welcome reminder that the English court will strictly enforce agreements to arbitrate by ordering a mandatory stay of court proceedings, even in contexts where court procedures may traditionally apply.