(28)

Article 11ca is replaced by the following: ‘Article 11ca 1. Without prejudice to Articles 11a and 11b, in the event that a person referred to in Article 11(1), point (a), (b) or (c), of this Regulation initiated proceedings before a Russian court in connection with any contract or transaction the performance of which has been affected, directly or indirectly, in whole or in part, by the measures imposed under this Regulation or under Regulation (EU) No 269/2014, in breach of an exclusive jurisdiction or arbitration clause, or abusively pursuant to Article 248.1 or Article 248.2 of the Arbitration Procedure Code of the Russian Federation or equivalent Russian legislation, or pursuant to any other law of the Russian Federation, or in frustration of the Union’s restrictive measures, against a natural or legal person, entity or body referred to in Article 13, point (c) or (d), of this Regulation to obtain an injunction, order, relief, judgment or other court decision, the natural or legal person, entity or body referred to in Article 13, point (c) or (d), of this Regulation shall be entitled to obtain, in judicial proceedings before the competent courts of a Member State, a court order ordering the person indicated in Article 11(1), point (a), (b) or (c), of this Regulation: 2. Failure to observe the court order referred to in paragraph 1 of this Article shall lead to financial penalties imposed by the court proportionate to the potential loss which could be incurred by the natural or legal person, entity or body referred to in Article 13, point (c) or (d), as a result of such violation. Payment of those financial penalties shall be made to the natural or legal person, entity or body referred to in Article 13, point (c) or (d), that submitted the request for the court order.’ ; to not initiate or to discontinue those legal proceedings; or to not seek to enforce, recognise, or rely upon any injunction, order, relief, judgment or other court decision, in any jurisdiction, that was or might be obtained in those legal proceedings.

← (27) · All articles · (a) →

Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.