The 1958 Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which governs
the enforcement of arbitral awards worldwide, has been ratified by all EU Member States and will be unaffected by the UK's departure from the EU.
Elektrim SA v Vivendi Universal SA & Ors [2007] 2 Lloyd's Rep 8: grounds for restraining by injunction an arbitration; as well as several leading cases dealing with interim relief in aid
of international
arbitral proceedings including Mobil Cerro Negor Ltd v Petroleos de Venezuela SA [2008] 1 Lloyd's Rep 684 (expropriation
of Mobil's oil fields in Venezuela; successfully discharged
worldwide freezing order for US$ 12 billion under s. 44
of the Arbitration Act 1996); ETI NV v Republic
of Bolivia [2009] 1 WLR 665 (CA): (nationalisation
of company; successfully discharged a freezing order obtained under s. 25
of the CJJA 1982 and s. 44
of the AA 1996 in aid
of an ICSID arbitration); Telenor v Vimpelcom & Altimo Group (pre-arbitration interim relief in S$ 3bn telecommunications shareholder dispute); Yukos Oil v Rosneft (US$ 425m freezing order in support
of enforcement of Russian
arbitral awards);