Matter
Tecnimont S.p.A. and MT Russia LLC v LLC EuroChem North-West-2 (ICC Case No. 27195/ELU)
Arbitration over the K2 fertiliser project in Russia, with related court proceedings concerning sanctions, project bonds, injunctions and enforcement.
Procedural record
- 9 August 2022United Kingdom
9 August 2022United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case CL-2022-000420 dated 9 August 2022
High Court of Justice of England and Wales, Commercial Court
- Decision summary
- Granted an interim anti-suit injunction on EuroChem North-West-2’s without-notice application concerning interference with demands under the project bonds.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Butcher
11 days later · 11 days
- 20 August 2022United Kingdom
20 August 2022United Kingdom
Emergency arbitrator's order dated 20 August 2022
International Chamber of Commerce
- Decision summary
- Rejected the contractors’ emergency application concerning EuroChem North-West-2’s demands under the project bonds.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
International Chamber of Commerce
3 days later · 3 days
- 23 August 2022United Kingdom
23 August 2022United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case CL-2022-000420 dated 23 August 2022
High Court of Justice of England and Wales, Commercial Court
- Decision summary
- Continued the anti-suit injunction against Tecnimont and MT Russia and gave directions for the substantive return hearing concerning the project bonds.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Bryan
1 month and 13 days later · 44 days
- 6 October 2022United Kingdom
6 October 2022United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2022] EWHC 2444 (Comm) dated 6 October 2022
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2022] EWHC 2444 (Comm)
- Decision summary
- Continued the anti-suit injunction restraining the contractors from interfering through foreign proceedings with payment under the project bonds. Refused permission to bring proceedings in France or Italy and rejected the challenge based on alleged failures of full and frank disclosure.
Participants
Tecnimont S.p.A.
- Representative
- Michael McLaren KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Robin Lööf (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Christopher Knowles (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Curtis, Mallet-Prevost, Colt & Mosle LLP (For: Tecnimont S.p.A. · MT Russia LLC)
MT Russia LLC
- Representative
- Michael McLaren KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Robin Lööf (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Christopher Knowles (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Curtis, Mallet-Prevost, Colt & Mosle LLP (For: Tecnimont S.p.A. · MT Russia LLC)
LLC EuroChem North-West-2
- Representative
- Roger Stewart KC (For: LLC EuroChem North-West-2)
- Representative
- Hugh Mercer KC (For: LLC EuroChem North-West-2)
- Representative
- George McDonald (For: LLC EuroChem North-West-2)
- Representative
- Vinson & Elkins LLP (For: LLC EuroChem North-West-2)
High Court of Justice of England and Wales, Commercial Court
- Judge
- HH Judge Pelling KC
5 months later · 151 days
- 6 March 2023United Kingdom
6 March 2023United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case CL-2022-000420 dated 6 March 2023
High Court of Justice of England and Wales, Commercial Court
- Decision summary
- Held that Tecnimont breached the anti-suit injunction by applying to intervene in proceedings before the Regional Administrative Court of Lazio. Refused to vary the injunction to permit that intervention.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Henshaw
3 months and 15 days later · 107 days
- 21 June 2023United Kingdom
21 June 2023United Kingdom
Judgment of the Court of Appeal of England and Wales in case [2023] EWCA Civ 688; CA-2023-000478 dated 21 June 2023
Court of Appeal of England and Wales
- Citation
- [2023] EWCA Civ 688
- Decision summary
- Dismissed Tecnimont’s appeal against the finding that its intervention in the Lazio proceedings breached the anti-suit injunction and against the refusal to vary that injunction. The appeal concerned the restraint obtained by EuroChem North-West-2 against the contractors.
Participants
Tecnimont S.p.A.
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Curtis, Mallet-Prevost, Colt & Mosle LLP (For: Tecnimont S.p.A. · MT Russia LLC)
MT Russia LLC
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Curtis, Mallet-Prevost, Colt & Mosle LLP (For: Tecnimont S.p.A. · MT Russia LLC)
LLC EuroChem North-West-2
- Representative
- Justin Fenwick KC (For: LLC EuroChem North-West-2)
- Representative
- George McDonald (For: LLC EuroChem North-West-2)
- Representative
- Vinson & Elkins LLP (For: LLC EuroChem North-West-2)
Court of Appeal of England and Wales
- Judge
- Lord Justice Lewison
- Judge
- Lady Justice Carr
- Judge
- Lord Justice Nugee
3 months and 5 days later · 97 days
- 26 September 2023United Kingdom
26 September 2023United Kingdom
Procedural Order 2 dated 26 September 2023
International Chamber of Commerce
- Decision summary
- Directed that jurisdictional issues would be considered together with the merits in the K2 arbitration.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
International Chamber of Commerce
1 month and 8 days later · 38 days
- 3 November 2023United Kingdom
3 November 2023United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2023] EWHC 2720 (Comm); CL-2022-000456 dated 3 November 2023
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2023] EWHC 2720 (Comm)
- Decision summary
- Refused EuroChem North-West-2’s application to require the banks to pay the disputed bond amounts into court or a frozen account, or otherwise provide security pending trial. The banks disputed payment on economic-sanctions grounds.
Participants
LLC EuroChem North-West-2
- Representative
- Justin Fenwick KC (For: LLC EuroChem North-West-2)
- Representative
- George Spalton KC (For: LLC EuroChem North-West-2)
- Representative
- George McDonald (For: LLC EuroChem North-West-2)
- Representative
- Vinson & Elkins RLLP (For: LLC EuroChem North-West-2)
Société Générale S.A.
- Representative
- Richard Handyside KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- James Duffy (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Herbert Smith Freehills LLP (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
Société Générale Paris
- Representative
- Richard Handyside KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- James Duffy (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Herbert Smith Freehills LLP (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
Société Générale Milano
- Representative
- Richard Handyside KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- James Duffy (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Herbert Smith Freehills LLP (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
ING Bank N.V.
- Representative
- Camilla Bingham KC (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Clifford Chance LLP (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
ING Bank N.V., Milan Branch
- Representative
- Camilla Bingham KC (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Clifford Chance LLP (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
Tecnimont S.p.A.
- Representative
- Tom Leary (For: Tecnimont S.p.A.)
- Representative
- Curtis, Mallet-Prevost, Colt & Mosle LLP (For: Tecnimont S.p.A.)
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Butcher
6 months and 5 days later · 187 days
- 8 May 2024United Kingdom
8 May 2024United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2024] EWHC 1084 (Comm); CL-2022-000456 dated 8 May 2024
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2024] EWHC 1084 (Comm)
- Decision summary
- Dismissed Tecnimont’s jurisdiction challenge to ING’s Part 20 reimbursement claim arising from the project bonds. The judgment addressed submission to the English jurisdiction and the relationship between the bond litigation and the reimbursement arrangements.
Participants
LLC EuroChem North-West-2
Société Générale S.A.
Société Générale Paris
Société Générale Milano
ING Bank N.V.
- Representative
- Camilla Bingham KC (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- James Weale (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Clifford Chance LLP (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
ING Bank N.V., Milan Branch
- Representative
- Camilla Bingham KC (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- James Weale (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Clifford Chance LLP (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
Tecnimont S.p.A.
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A.)
- Representative
- Tom Leary (For: Tecnimont S.p.A.)
- Representative
- Curtis, Mallet-Prevost, Colt & Mosle LLP (For: Tecnimont S.p.A.)
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mrs Justice Cockerill
1 year, 2 months and 23 days later · 449 days
- 31 July 2025United Kingdom
31 July 2025United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2025] EWHC 1938 (Comm); CL-2022-000456 dated 31 July 2025
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2025] EWHC 1938 (Comm)
- Decision summary
- Dismissed the claims for payment under the project bonds. The court examined the EuroChem ownership and control structure, the EU and UK sanctions framework, the banks’ payment obligations and foreign illegality. It concluded that sanctions prevented the claimed payments.
Participants
LLC EuroChem North-West-2
- Representative
- Justin Fenwick KC (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Tim Chelmick (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Marie-Claire O’Kane (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Emile Simpson (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Helena Spector (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Vinson & Elkins RLLP (For: LLC EuroChem North-West-2 · EuroChem Group AG)
EuroChem Group AG
- Representative
- Justin Fenwick KC (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Tim Chelmick (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Marie-Claire O’Kane (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Emile Simpson (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Helena Spector (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Representative
- Vinson & Elkins RLLP (For: LLC EuroChem North-West-2 · EuroChem Group AG)
Société Générale S.A.
- Representative
- Richard Handyside KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- James Duffy KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Natasha Bennett (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Herbert Smith Freehills Kramer LLP (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
Société Générale Paris
- Representative
- Richard Handyside KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- James Duffy KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Natasha Bennett (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Herbert Smith Freehills Kramer LLP (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
Société Générale Milano
- Representative
- Richard Handyside KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- James Duffy KC (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Natasha Bennett (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Representative
- Herbert Smith Freehills Kramer LLP (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
ING Bank N.V.
- Representative
- Neil Kitchener KC (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- James Weale (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Robert Harris (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Clifford Chance LLP (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
ING Bank N.V., Milan Branch
- Representative
- Neil Kitchener KC (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- James Weale (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Robert Harris (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
- Representative
- Clifford Chance LLP (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
Tecnimont S.p.A.
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A.)
- Representative
- Tom Leary (For: Tecnimont S.p.A.)
- Representative
- McDermott Will & Emery UK LLP (For: Tecnimont S.p.A.)
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Bright
Other
- Witness
- Janis Valters (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Stephan Solzhenitsyn (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Marc Hechler (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Philip Collishe (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Dilyara Basyrova (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Ilya Beloborodov (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Andrei Fokin (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Ronald Noble (For: LLC EuroChem North-West-2 · EuroChem Group AG)
- Witness
- Michel Colbert (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Witness
- Renato Caviglia (For: Société Générale S.A. · Société Générale Paris · Société Générale Milano)
- Witness
- Enrico Falcone (For: ING Bank N.V. · ING Bank N.V., Milan Branch)
1 month and 2 days later · 33 days
- 2 September 2025United Kingdom
2 September 2025United Kingdom
Order concerning second Russian action dated 2 September 2025
International Chamber of Commerce
- Decision summary
- Directed EuroChem North-West-2 to seek a stay of the second Russian action concerning the K2 dispute.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
1 month and 4 days later · 34 days
- 6 October 2025United Kingdom
6 October 2025United Kingdom
Order concerning first anti-arbitration application dated 6 October 2025
International Chamber of Commerce
- Decision summary
- Directed withdrawal of the first Russian anti-arbitration application.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
3 days later · 3 days
- 9 October 2025United Kingdom
9 October 2025United Kingdom
Order concerning second anti-arbitration application dated 9 October 2025
International Chamber of Commerce
- Decision summary
- Directed withdrawal of the second Russian anti-arbitration application.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
4 days later · 4 days
- 13 October 2025United Kingdom
13 October 2025United Kingdom
Procedural Order 18 dated 13 October 2025
International Chamber of Commerce
- Decision summary
- Made peremptory directions requiring withdrawal of Russian proceedings brought in breach of the arbitration agreements. The order was subsequently corrected on 23 October 2025. It also granted anti-suit relief in EuroChem Group AG’s favour against the contractors.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
17 days later · 17 days
- 30 October 2025Russia
30 October 2025Russia
Judgment of the Commercial Court of the City of Moscow in case A40-231304/2025 dated 30 October 2025
Commercial Court of the City of Moscow
- Decision summary
- Ordered interim attachment of funds and property of MT Russia and Tecnimont to secure part of EuroChem North-West-2’s monetary claim arising from the K2 project.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
Commercial Court of the City of Moscow
1 day later · 1 days
- 31 October 2025United Kingdom
31 October 2025United Kingdom
Interim directions concerning Russian attachment dated 31 October 2025
International Chamber of Commerce
- Decision summary
- Directed withdrawal of the Russian application for interim measures and steps to discharge the resulting attachment orders.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
11 days later · 11 days
- 11 November 2025United Kingdom
11 November 2025United Kingdom
Procedural Order 22 dated 11 November 2025
International Chamber of Commerce
- Decision summary
- Made peremptory directions enforcing the tribunal’s order of 31 October 2025 concerning the Russian interim measures.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
3 days later · 3 days
- 14 November 2025United Kingdom
14 November 2025United Kingdom
Procedural Order 23 dated 14 November 2025
International Chamber of Commerce
- Decision summary
- Made further peremptory directions requiring withdrawal of the Russian monetary proceedings.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
7 days later · 7 days
- 21 November 2025United Kingdom
21 November 2025United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2025] EWHC 3151 (Comm); CL-2025-000477 dated 21 November 2025
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2025] EWHC 3151 (Comm)
- Decision summary
- Enforced the arbitral tribunal’s peremptory orders under section 42 of the Arbitration Act 1996, requiring EuroChem North-West-2 to withdraw Russian proceedings brought in breach of the arbitration agreements. The application against EuroChem Group AG had been resolved by consent and discontinued.
Participants
Tecnimont S.p.A.
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- McDermott Will & Schulte UK LLP (For: Tecnimont S.p.A. · MT Russia LLC)
- Expert
- Professor Yarkov (For: Tecnimont S.p.A. · MT Russia LLC)
MT Russia LLC
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- McDermott Will & Schulte UK LLP (For: Tecnimont S.p.A. · MT Russia LLC)
- Expert
- Professor Yarkov (For: Tecnimont S.p.A. · MT Russia LLC)
LLC EuroChem North-West-2
- Representative
- Richard Millett KC (For: LLC EuroChem North-West-2)
- Representative
- John Robb (For: LLC EuroChem North-West-2)
- Representative
- Collins Botiuk (For: LLC EuroChem North-West-2)
- Expert
- Mr Vyacheslavov (For: LLC EuroChem North-West-2)
EuroChem Group AG
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Butcher
11 days later · 11 days
- 2 December 2025Russia
2 December 2025Russia
Judgment of the Commercial Court of Saint Petersburg and the Leningrad Region in case A56-114566/2025 dated 2 December 2025
Commercial Court of Saint Petersburg and the Leningrad Region
- Decision summary
- Refused to accept EuroChem Group AG’s shareholder claim concerning the director’s pursuit of Russian proceedings arising from the K2 dispute.
Participants
EuroChem Group AG
LLC EuroChem North-West-2
MCC EuroChem JSC
Commercial Court of Saint Petersburg and the Leningrad Region
- Judge
- A. V. Prokofieva
1 day later · 1 days
- 3 December 2025Russia
3 December 2025Russia
Judgment of the Commercial Court of the City of Moscow in case A40-322328/2025 dated 3 December 2025
Commercial Court of the City of Moscow
- Decision summary
- Partly granted interim relief restricting Tecnimont’s exercise of rights acquired under its assignment agreement with MT Russia.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
Commercial Court of the City of Moscow
2 days later · 2 days
- 5 December 2025Russia
5 December 2025Russia
Judgment of the Commercial Court of the City of Moscow in case A40-231304/2025 dated 5 December 2025
Commercial Court of the City of Moscow
- Decision summary
- Partly allowed EuroChem North-West-2’s claims against MT Russia and Tecnimont, awarding repayment of advances, interest and damages arising from the K2 project. The operative ruling was announced on 27 November 2025; the full judgment was issued on 5 December 2025.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
Commercial Court of the City of Moscow
4 days later · 4 days
- 9 December 2025United Kingdom
9 December 2025United Kingdom
Procedural Order 25 dated 9 December 2025
International Chamber of Commerce
- Decision summary
- Granted anti-enforcement relief following the contractors’ application of 27 November 2025 concerning the Russian court proceedings.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
10 days later · 10 days
- 19 December 2025Russia
19 December 2025Russia
Judgment of the Commercial Court of Saint Petersburg and the Leningrad Region in case A56-98477/2025 dated 19 December 2025
Commercial Court of Saint Petersburg and the Leningrad Region
- Decision summary
- Granted an anti-arbitration injunction against MT Russia in the K2 dispute. The order restrained continuation of the London arbitration and related foreign proceedings. The operative ruling was announced on 10 December 2025 and the full order issued on 19 December 2025.
Participants
LLC EuroChem North-West-2
MT Russia LLC
Commercial Court of Saint Petersburg and the Leningrad Region
- 19 December 2025Russia
19 December 2025Russia
Judgment of the Commercial Court of Saint Petersburg and the Leningrad Region in case A56-98479/2025 dated 19 December 2025
Commercial Court of Saint Petersburg and the Leningrad Region
- Decision summary
- Granted a separate anti-arbitration injunction against Tecnimont in the K2 dispute, restraining the London arbitration and related foreign proceedings. This order concerns Tecnimont rather than the parallel application against MT Russia.
Participants
LLC EuroChem North-West-2
Tecnimont S.p.A.
Commercial Court of Saint Petersburg and the Leningrad Region
20 days later · 20 days
- 8 January 2026United Kingdom
8 January 2026United Kingdom
Procedural Order 28 dated 8 January 2026
International Chamber of Commerce
- Decision summary
- Made the anti-enforcement directions peremptory. The order addressed enforcement of the Russian court orders, including proceedings outside Russia.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce
- Arbitrator
- Peter Leaver KC
- Arbitrator
- Douglas Jones AO
- Arbitrator
- Thomas Webster
5 days later · 5 days
- 13 January 2026United Kingdom
13 January 2026United Kingdom
Judgment of the Court of Appeal of England and Wales in case [2026] EWCA Civ 5; CA-2025-002968 dated 13 January 2026
Court of Appeal of England and Wales
- Citation
- [2026] EWCA Civ 5
- Decision summary
- Dismissed the appeal from the section 42 enforcement order. The Court of Appeal held that section 42 of the Arbitration Act 1996 permits enforcement of a tribunal’s peremptory anti-suit orders. These reasons explain the dismissal announced on 18 December 2025.
Participants
Tecnimont S.p.A.
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- McDermott Will & Schulte UK LLP (For: Tecnimont S.p.A. · MT Russia LLC)
MT Russia LLC
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- McDermott Will & Schulte UK LLP (For: Tecnimont S.p.A. · MT Russia LLC)
LLC EuroChem North-West-2
- Representative
- Graham Dunning KC (For: LLC EuroChem North-West-2)
- Representative
- John Robb (For: LLC EuroChem North-West-2)
- Representative
- Collins Botiuk (For: LLC EuroChem North-West-2)
Court of Appeal of England and Wales
- Judge
- Lord Justice Popplewell
- Judge
- Lord Justice Phillips
- Judge
- Lady Justice May
- 13 January 2026India
13 January 2026India
Judgment of the High Court of Judicature at Bombay in case IA 569/2026 in COMS 6/2026 dated 13 January 2026
High Court of Judicature at Bombay
- Decision summary
- Recorded Tecnimont’s undertaking to maintain the position concerning its funds, except in the ordinary course of business, pending consideration of EuroChem North-West-2’s interim application.
Participants
LLC EuroChem North-West-2
Tecnimont S.p.A.
High Court of Judicature at Bombay
3 days later · 3 days
- 16 January 2026United Kingdom
16 January 2026United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case CL-2025-000593 dated 16 January 2026
High Court of Justice of England and Wales, Commercial Court
- Decision summary
- Permitted service of the arbitration claim form on EuroChem North-West-2 by alternative means, namely email, in the claim seeking enforcement of the tribunal’s anti-enforcement directions.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Bright
4 days later · 4 days
- 20 January 2026India
20 January 2026India
Judgment of the High Court of Judicature at Bombay in case IA 569/2026 in COMS 6/2026 dated 20 January 2026
High Court of Judicature at Bombay
- Decision summary
- Clarified that Tecnimont’s undertaking recorded on 13 January 2026 was limited to its actions in India.
Participants
LLC EuroChem North-West-2
Tecnimont S.p.A.
High Court of Judicature at Bombay
20 days later · 20 days
- 9 February 2026United Kingdom
9 February 2026United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2026] EWHC 255 (Comm); CL-2025-000593 dated 9 February 2026
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2026] EWHC 255 (Comm)
- Decision summary
- Granted relief under section 42 of the Arbitration Act 1996 to enforce the tribunal’s peremptory anti-enforcement order. The application concerned EuroChem North-West-2’s pursuit of enforcement of Russian orders in India and Malaysia.
Participants
Tecnimont S.p.A.
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- McDermott Will & Schulte UK LLP (For: Tecnimont S.p.A. · MT Russia LLC)
MT Russia LLC
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- Tom Leary (For: Tecnimont S.p.A. · MT Russia LLC)
- Representative
- McDermott Will & Schulte UK LLP (For: Tecnimont S.p.A. · MT Russia LLC)
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Dame Clare Moulder
Other
- Witness
- Milo Molfa (For: Tecnimont S.p.A. · MT Russia LLC)
2 days later · 2 days
- 11 February 2026India
11 February 2026India
Judgment of the High Court of Judicature at Bombay in case IA 569/2026 in COMS 6/2026 dated 11 February 2026
High Court of Judicature at Bombay
- Decision summary
- Reserved the interim application after completion of arguments and continued Tecnimont’s earlier undertaking pending the decision.
Participants
LLC EuroChem North-West-2
Tecnimont S.p.A.
High Court of Judicature at Bombay
19 days later · 19 days
- 2 March 2026Russia
2 March 2026Russia
Judgment of the Thirteenth Commercial Court of Appeal in case 13AP-1134/2026; A56-114566/2025 dated 2 March 2026
Thirteenth Commercial Court of Appeal
- Decision summary
- Reversed the refusal to accept EuroChem Group AG’s shareholder claim. The ruling concerned whether the claim could proceed, rather than a final determination of the lawfulness of the director’s conduct.
Participants
EuroChem Group AG
- Representative
- N. M. Bardzemishvili (For: EuroChem Group AG)
LLC EuroChem North-West-2
MCC EuroChem JSC
- Representative
- A. V. Meshcheryakov (For: MCC EuroChem JSC)
Thirteenth Commercial Court of Appeal
- Judge
- I. N. Barmina
- Court Secretary
- E. O. Novikov
2 days later · 2 days
- 4 March 2026Russia
4 March 2026Russia
Judgment of the Ninth Commercial Court of Appeal in case 09AP-985/2026; A40-231304/2025 dated 4 March 2026
Ninth Commercial Court of Appeal
- Decision summary
- Upheld the Moscow Commercial Court judgment of 5 December 2025 in the K2 monetary proceedings against MT Russia and Tecnimont.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
Ninth Commercial Court of Appeal
8 days later · 8 days
- 12 March 2026India
12 March 2026India
Judgment of the High Court of Judicature at Bombay in case IA 569/2026 in COMS 6/2026 dated 12 March 2026
High Court of Judicature at Bombay
- Decision summary
- Reopened the reserved interim application and permitted EuroChem North-West-2 to apply to place the subsequent Russian appellate judgment on the record.
Participants
LLC EuroChem North-West-2
Tecnimont S.p.A.
High Court of Judicature at Bombay
7 days later · 7 days
- 19 March 2026Russia
19 March 2026Russia
Judgment of the Commercial Court of the North-Western Circuit in case F07-446/2026; A56-98479/2025 dated 19 March 2026
Commercial Court of the North-Western Circuit
- Decision summary
- Considered Tecnimont’s cassation challenge to the injunction of 19 December 2025 concerning the pursuit of the London arbitration and foreign court proceedings arising from the K2 contracts.
Participants
LLC EuroChem North-West-2
- Representative
- A. V. Stankevich (For: LLC EuroChem North-West-2)
- Representative
- I. K. Zavrazhnova (For: LLC EuroChem North-West-2)
Tecnimont S.p.A.
- Representative
- B. S. Kruglikov (For: Tecnimont S.p.A.)
- Representative
- O. V. Tyusina (For: Tecnimont S.p.A.)
Commercial Court of the North-Western Circuit
- Judge
- O. R. Zhuravleva
- Judge
- I. V. Karsakova
- Judge
- Yu. A. Rodin
5 days later · 5 days
- 24 March 2026Russia
24 March 2026Russia
Judgment of the Commercial Court of the North-Western Circuit in case F07-639/2026; A56-98477/2025 dated 24 March 2026
Commercial Court of the North-Western Circuit
- Decision summary
- Considered MT Russia’s cassation challenge to the injunction of 19 December 2025 in the separate proceedings against that contractor.
Participants
LLC EuroChem North-West-2
MT Russia LLC
Commercial Court of the North-Western Circuit
13 days later · 13 days
- 6 April 2026India
6 April 2026India
Judgment of the High Court of Judicature at Bombay in case IA(L) 11217/2026 dated 6 April 2026
High Court of Judicature at Bombay
- Decision summary
- Allowed the additional Russian appellate judgment to be placed on the record. After further submissions, reserved the interim application again and continued Tecnimont’s undertaking until judgment.
Participants
LLC EuroChem North-West-2
Tecnimont S.p.A.
High Court of Judicature at Bombay
17 days later · 17 days
- 23 April 2026United Kingdom
23 April 2026United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case CL-2026-000239 dated 23 April 2026
High Court of Justice of England and Wales, Commercial Court
- Decision summary
- Granted MAIRE an interim injunction restraining EuroChem North-West-2 from pursuing Russian proceedings under the parent-company guarantees for the K2 project.
Participants
MAIRE S.p.A.
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Robin Knowles
7 days later · 7 days
- 30 April 2026Russia
30 April 2026Russia
Judgment of the Commercial Court of the North-Western Circuit in case F07-1302/2026; A56-114566/2025 dated 30 April 2026
Commercial Court of the North-Western Circuit
- Decision summary
- Left unchanged the appellate ruling reversing the refusal to accept EuroChem Group AG’s shareholder claim concerning the director’s pursuit of the Russian proceedings.
Participants
EuroChem Group AG
- Representative
- N. M. Barzemishvili (For: EuroChem Group AG)
LLC EuroChem North-West-2
- Representative
- T. N. Buribaev (For: LLC EuroChem North-West-2)
MCC EuroChem JSC
Commercial Court of the North-Western Circuit
- Judge
- A. V. Kadulin
- Judge
- S. S. Saltykova
- Judge
- I. V. Sergeeva
4 days later · 4 days
- 4 May 2026Russia
4 May 2026Russia
Judgment of the Commercial Court of the City of Moscow in case A40-322328/2025 dated 4 May 2026
Commercial Court of the City of Moscow
- Decision summary
- Held the assignment agreement between MT Russia and Tecnimont invalid. The operative ruling was announced on 21 April 2026 and the full judgment issued on 4 May 2026.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
Commercial Court of the City of Moscow
4 days later · 4 days
- 8 May 2026United Kingdom
8 May 2026United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case CL-2026-000239 dated 8 May 2026
High Court of Justice of England and Wales, Commercial Court
- Decision summary
- At the return hearing following the interim injunction, gave directions for the expedited trial of MAIRE’s claim concerning the Russian guarantee proceedings.
Participants
MAIRE S.p.A.
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mrs Justice Dias
24 days later · 24 days
- 1 June 2026Russia
1 June 2026Russia
Judgment of the Supreme Court of the Russian Federation in case 307-ES26-6264; A56-98477/2025 dated 1 June 2026
Supreme Court of the Russian Federation
- Decision summary
- Refused to transfer MT Russia’s cassation complaint to the Judicial Chamber for Economic Disputes. The judge found no statutory grounds for further review of the challenged court acts.
Participants
LLC EuroChem North-West-2
MT Russia LLC
Supreme Court of the Russian Federation
- Judge
- T. V. Zavyalova
- 1 June 2026Russia
1 June 2026Russia
Judgment of the Supreme Court of the Russian Federation in case 307-ES26-6274; A56-98479/2025 dated 1 June 2026
Supreme Court of the Russian Federation
- Decision summary
- Refused to transfer Tecnimont’s cassation complaint to the Judicial Chamber for Economic Disputes. The judge found no statutory grounds for further review of the challenged court acts.
Participants
LLC EuroChem North-West-2
Tecnimont S.p.A.
Supreme Court of the Russian Federation
- Judge
- T. V. Zavyalova
7 days later · 7 days
- 8 June 2026India
8 June 2026India
Judgment of the High Court of Judicature at Bombay in case 2026:BHC-OS:12539; IA 569/2026 in COMS 6/2026 dated 8 June 2026
High Court of Judicature at Bombay
- Citation
- 2026:BHC-OS:12539
- Decision summary
- Refused an interim asset injunction sought on the basis of the Russian judgment. The court considered the pending London arbitration, jurisdiction and natural-justice objections, and the requirements of sections 13 and 14 of the Code of Civil Procedure. The suit and final recognition issues remained for determination.
Participants
LLC EuroChem North-West-2
- Representative
- Zal Andhyarujina (For: LLC EuroChem North-West-2)
- Representative
- Prateek Bagaria (For: LLC EuroChem North-West-2)
- Representative
- Maithili Parikh (For: LLC EuroChem North-West-2)
- Representative
- Natasha Kavalakka (For: LLC EuroChem North-West-2)
- Representative
- Lakshay Arora (For: LLC EuroChem North-West-2)
- Representative
- Priyanshi Vakharia (For: LLC EuroChem North-West-2)
- Representative
- Khusboo Sharma (For: LLC EuroChem North-West-2)
- Representative
- Singularity Legal (For: LLC EuroChem North-West-2)
Tecnimont S.p.A.
- Representative
- Vikram S. Nankani (For: Tecnimont S.p.A.)
- Representative
- Alok Jain (For: Tecnimont S.p.A.)
- Representative
- Samarth Saxena (For: Tecnimont S.p.A.)
- Representative
- Ria Garg (For: Tecnimont S.p.A.)
- Representative
- Mihir Beradia (For: Tecnimont S.p.A.)
- Representative
- Samarth Pawan Saxena (For: Tecnimont S.p.A.)
High Court of Judicature at Bombay
- Judge
- Gauri Godse
9 days later · 9 days
- 17 June 2026United Kingdom
17 June 2026United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2026] EWHC 1712; CL-2025-000477 dated 17 June 2026
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2026] EWHC 1712
- Decision summary
- Allowed Tecnimont to serve its contempt application on EuroChem North-West-2 and Andrey Egorov outside the jurisdiction by alternative means. The judgment determined service of the application; it did not determine whether either respondent was in contempt.
Participants
Tecnimont S.p.A.
- Representative
- Alan Maclean KC (For: Tecnimont S.p.A.)
- Representative
- Tom Leary (For: Tecnimont S.p.A.)
- Representative
- McDermott Will & Schulte UK LLP (For: Tecnimont S.p.A.)
MT Russia LLC
LLC EuroChem North-West-2
- Representative
- Paul Lowenstein KC (For: LLC EuroChem North-West-2)
- Representative
- William Stewart-Parker (For: LLC EuroChem North-West-2)
- Representative
- Collins Botiuk (For: LLC EuroChem North-West-2)
Andrey Egorov
High Court of Justice of England and Wales, Commercial Court
- Judge
- Sean O’Sullivan KC
14 days later · 14 days
- 1 July 2026United Kingdom
1 July 2026United Kingdom
Judgment of the High Court of Justice of England and Wales, Commercial Court in case [2026] EWHC 1648 (Comm); CL-2026-000239 dated 1 July 2026
High Court of Justice of England and Wales, Commercial Court
- Citation
- [2026] EWHC 1648 (Comm)
- Decision summary
- Granted final relief restraining EuroChem North-West-2’s Russian proceedings against MAIRE under the project guarantees as vexatious and oppressive. MAIRE was not itself a party to the arbitration agreements. The judgment gives reasons for the orders made following the trial on 19 June 2026.
Participants
MAIRE S.p.A.
- Representative
- Alan Maclean KC (For: MAIRE S.p.A.)
- Representative
- Tom Leary (For: MAIRE S.p.A.)
- Representative
- McDermott Will & Schulte UK LLP (For: MAIRE S.p.A.)
- Expert
- Maria Erokhova (For: MAIRE S.p.A.)
LLC EuroChem North-West-2
High Court of Justice of England and Wales, Commercial Court
- Judge
- Mr Justice Henshaw
Other
- Witness
- Milo Molfa (For: MAIRE S.p.A.)
1 month and 27 days later · 58 days
- 28 August 2026United Kingdom
28 August 2026United Kingdom
Phase 1 Partial Final Award dated 28 August 2026
International Chamber of Commerce
- Decision summary
- Determined Phase 1 of the K2 dispute. MAIRE reported that the tribunal upheld the contractors’ suspension, found the project company’s termination wrongful, rejected its counterclaims and awarded approximately EUR 260 million against that company. EuroChem Group AG separately reported that the tribunal declined jurisdiction over it and made no award against it. Further claims and costs remained for later determination.
Participants
Tecnimont S.p.A.
MT Russia LLC
LLC EuroChem North-West-2
EuroChem Group AG
International Chamber of Commerce