Archive for November, 2011

Russia Defeats Investment Arbitration Claim Arising Out of Soviet-time Trade Debt
By 15 November, 2011 1 Comments Read More →

Russia Defeats Investment Arbitration Claim Arising Out of Soviet-time Trade Debt

This summer an UNCITRAL tribunal sitting in Stockholm held that it had no jurisdiction over a case submitted by Italian company Cesare Galdabini under Italy-Russian Federation BIT. According to media reports the claim arose out Russian Federation refusal to settle a debt owed for  EUR 278’000 worth of equipment, which Galdabini supplied in the end […]

Posted in: Investor-State Arbitration
Public Policy in Russia and India – Which State is More Arbitration-Friendly?
By 8 November, 2011 0 Comments Read More →

Public Policy in Russia and India – Which State is More Arbitration-Friendly?

The highest judicial authorities of India and Russia recently considered two cases involving the enforcement of foreign arbitral awards where they had to deal with the concept of ordre public. Both states are perceived as arbitration-hostile jurisdictions, however, their approaches in analysing the identical issue were quite different. In Phulchand Exports Ltd. v OOO Patriot (2011) the […]

Posted in: Commercial Arbitration