In 2022 global crises, inflationary pressure, regulatory
scrutiny, and judicial clarity have driven activity in
international arbitration, competition litigation, and class
actions and will continue to do so in 2023. David Dearman, Gary
Davies, and Rob Jones of Ankura highlight these key
developments.
At the outset of 2022, Covid-19 continued to dominate everyday
life, and many expected a number of new disputes to arise from the
economic disruption caused by the pandemic. However, in February
2022 Russia's sudden and devastating invasion of Ukraine
triggered a global crisis and conditions that will lead to disputes
for many years to come.
The international reaction to the invasion of Ukraine was swift.
Companies worldwide announced a cessation of Russian operations and
withdrawal from the country, facing the complex issue of unwinding
years of Russian investments and contracts. It has also had a
profound impact on companies with Russian investments, and
