The 2026 Gabrielle Kaufmann-Kohler Award Winner Best LL.M. Thesis in International Arbitration

The MIDS (Master in International Dispute Settlement) programme proudly announces the winner of the 2026 Gabrielle Kaufmann-Kohler Award, which recognises the best thesis submitted by a member of the graduating class in the field of international dispute settlement.

An award honoring a visionary legacy

Established in 2024 by the MIDS Committee, the Gabrielle Kaufmann-Kohler Award (GKK Award) honors Professor Gabrielle Kaufmann-Kohler (external link)'s visionary leadership in founding the MIDS program and her enduring commitment to its excellence. Each year, the award is presented to the most outstanding LL.M. thesis submitted by a member of the graduating cohort, in the field of international dispute settlement, recognizing:

  • Academic rigor
  • Originality of thought
  • Depth of legal analysis
  • Relevance to international arbitration and investment law

The finalists were selected by the MIDS Committee from among the highest-ranked theses submitted by the 2025-2026 graduating class and the winner, by Prof. Pierre Tercier (external link).

    2026 GKK award winner: Daria TOKAREVA

    We are delighted to announce that Daria Tokareva (external link) has been awarded the 2026 Gabrielle Kaufmann-Kohler Award for her thesis, "No Claims" Provisions in Sanctions-Related Arbitration: Between Legislative Intent and Arbitral Reality, supervised by Professor Georgios Petrochilos.

    Her work explores the growing significance of "no claims" provisions in sanctions-related disputes and their impact on international commercial arbitration. Through a comprehensive analysis of UN, EU, UK, Swiss, and US sanctions regimes, the thesis examines how these provisions evolved from relatively uncontroversial mechanisms designed to protect parties complying with sanctions into complex legal tools operating within today's fragmented sanctions landscape.

    Addressing questions of applicable law, arbitral jurisdiction, public policy, and the enforcement of awards, the thesis highlights the challenges tribunals face when determining whether sanctions-related claims should be barred or merely suspended. It offers timely insights into one of the most rapidly developing areas of international dispute resolution and contributes significantly to the ongoing debate on the interaction between sanctions law and arbitration at a moment when courts and tribunals worldwide are grappling with these issues.

    Congratulations to Daria on this outstanding achievement.

    Finalists: Top MIDS theses in Dispute Settlement

    The award committee also recognised three exceptional finalist theses addressing some of the most pressing issues in international dispute settlement:

    Together, these theses showcase the intellectual rigour, originality, and global relevance that characterise the MIDS programme, addressing some of the most pressing challenges facing international arbitration and dispute settlement today.

    "“No Claims” Provisions in Sanctions-Related Arbitration: Between Legislative Intent and Arbitral Reality" by Daria Tokareva

    This award-winning thesis explores one of the most timely and underexamined issues in contemporary international arbitration: the growing role of "no claims" provisions in sanctions-related disputes. Originally developed within United Nations sanctions regimes to protect parties complying with mandatory sanctions, these provisions have evolved into powerful tools embedded in regional and national sanctions frameworks, particularly within the European Union.

    As sanctions increasingly affect international commerce and cross-border contractual relationships, arbitral tribunals are being called upon to determine how, when, and to what extent such provisions should be applied. Through a comprehensive doctrinal and comparative analysis of UN, EU, UK, Swiss, and emerging US sanctions regimes, the thesis demonstrates that the seemingly simple wording of "no claims" clauses conceals complex questions of applicable law, public policy, party autonomy, and award enforceability. It argues that tribunals cannot apply sanctions-related restrictions mechanically. Instead, they must carefully assess the legal source of the provision, its connection to the dispute, and its compatibility with the applicable legal framework and transnational public policy. At the heart of the thesis lies a fundamental unresolved question: do "no claims" provisions permanently extinguish sanctions-related claims, or do they merely suspend them while sanctions remain in force?

    The thesis shows how the answer to this question influences every stage of the arbitral process, from the merits of a dispute to the recognition and enforcement of arbitral awards. By examining recent developments arising from sanctions against Russia, it highlights an emerging debate that is likely to shape the future of sanctions-related arbitration. Ultimately, the thesis reveals how a mechanism once rooted in broad international consensus has become a focal point of legal uncertainty in a fragmented sanctions landscape.

    By offering a structured framework for understanding and applying "no claims" provisions, it makes a significant contribution to the ongoing dialogue on the intersection of sanctions law, international arbitration, and global economic governance.

    Download “No Claims” Provisions in Sanctions-Related Arbitration: Between Legislative Intent and Arbitral Reality by Daria Tokareva

    Learn more about the MIDS programme (external link), a leading postgraduate programme in international dispute settlement and arbitration. Through rigorous training in international commercial arbitration (external link), investment treaty arbitration (external link),  law of international commercial contracts, (external link) and  state-to-state dispute settlement  (external link), the MIDS prepares graduates for careers in law firms, international organisations, arbitral institutions, government, and academia.