Mohamed Sacranie

Service out of anti-suit injunction arbitration claims: two areas of uncertainty

This article considers the Court of Appeal’s decision in FH Holding Moscow Limited v AO UniCredit Bank and UniCredit S.p.A. [2026] EWCA Civ 468. It briefly discusses the Court of Appeal’s rejection of the anti-suit injunction (ASI) claim on the merits. It then focuses on two issues raised but not decided in the case relating to service out of ASI arbitration claims.

When AI trading bots go rogue, think outside the (black) box

Chatbots have been dominating the headlines with some wildly entertaining reminders of the importance of understanding AI’s limitations. Trading bots deserve some attention too, not least because a lot of trading in financial markets is automated through software programs which could (and in some cases already do) use AI. We have seen cases where deterministic bots have concluded trades in the middle of the night at bizarre prices, or have gone shopping on the dark web and been arrested (confiscated) for doing so. This article swaps out the deterministic bots for AI bots and considers whether conventional legal principles still work.

Blue pill or red pill? Into the Tulip Trading rabbit hole