Kluwer: EU Sanctions Meet International Commercial Arbitration (Again): Lithuanian Court Reference in Axpo Nordic
Published on January 9, 2026
On 22 September 2025, the Court of Appeal of Lithuania (“Court”) rendered a decision to refer for a preliminary ruling to the Court of Justice of the European Union (“CJEU”) in a dispute involving the recognition and enforcement of an arbitral award rendered by an arbitral tribunal seated outside of the European Union (“EU”), which explicitly refused to apply EU sanctions law