Lloyd's Law Reporter
VTB BANK PJSC V MEJLUMYAN
[2021] EWHC 1386 (Comm), Queen’s Bench Division, Commercial Court, Mr Justice Butcher, 25 May 2021
Arbitration – Anti-suit injunction – Delay – Submission to jurisdiction – Senior Courts Act 1981, section 37
VTB BANK PJSC (VTB) sought an anti-suit injunction to restrain proceedings brought in Armenia for the enforcement of a facility agreement covering a licence to develop and exploit a copper mine. The facility agreement contained a London arbitration clause. It was common ground that the arbitration clause covered the dispute.