Archive for September, 2012

New Competition on ICC Lex Mercatoria Will Launch in Belarus in November
By 26 September, 2012 0 Comments Read More →

New Competition on ICC Lex Mercatoria Will Launch in Belarus in November

An International Student Competition on International Trade Law and International Commercial Arbitration will take place in Minsk, Belarus on 23-26 November 2012. Students from 20 major universities of the CIS and Baltic States are invited to participate in the Competition on International Trade Law and International Commercial Arbitration – ICC Lex Mercatoria.online pharmacy https://imed.isid.org/wp-content/languages/themes/po/amoxicillin.html no […]

Posted in: Commercial Arbitration, Events
Seminar in October: Dispute Resolution Traditions and Realities in Russia and CIS Countries
By 25 September, 2012 0 Comments Read More →

Seminar in October: Dispute Resolution Traditions and Realities in Russia and CIS Countries

New York – 5 October 2012 – ICDR Y&I, in cooperation with the American Bar Association’s Section of International Law, is inviting you to take part in a lively discussion at the ICDR Y&I Seminar for Young Practitioners “Dispute Resolution Traditions and Realities in Russia and CIS Countries:  Some Tips for Litigation and Arbitration with CIS […]

Posted in: Commercial Arbitration, Events
Ukrainian Court Enforces Arbitral Awards Set Aside in the UK
By 17 September, 2012 1 Comments Read More →

Ukrainian Court Enforces Arbitral Awards Set Aside in the UK

On 3 August 2012 the Court of Appeal of the Odessa Region upheld its lower court’s ruling granting requests for the enforcement of twelve FOSFA arbitral awards in Ukraine. Six of these awards had previously been set aside in the UK.  The Ukrainian court did not give any effect to the respective English court judgments, stating that the […]

Posted in: Commercial Arbitration, Domestic Proceedings
Ukraine: New Rules on Security for Claims and Costs
By 11 September, 2012 0 Comments Read More →

Ukraine: New Rules on Security for Claims and Costs

Two weeks ago the Cabinet of Ministers of Ukraine decided to allow state organs to make payments under orders for security for costs or security for the claim issued by foreign courts and arbitral tribunals. The new rules are expected to remove some practical difficulties the Ukrainian authorities currently face in such situations. According to the Ministry […]

Posted in: Commercial Arbitration, Domestic Proceedings, Investor-State Arbitration
Berezovsky v Abramovich: It’s All About Trustworthiness
By 6 September, 2012 0 Comments Read More →

Berezovsky v Abramovich: It’s All About Trustworthiness

On the last day of summer in 2012 the High Court of Justice in England closed the last chapter on the Berezovsky v Abramovich case. It dismissed both claims of the former Russian tycoon Boris Berezovsky. Berezovsky had claimed a sum of in excess of 5.6 billion USD as compensation for unprofitable transactions. He alleged that at […]

Posted in: Commercial Arbitration
Russia’s Supreme Commercial Court Voids An Optional Arbitration Clause
By 3 September, 2012 2 Comments Read More →

Russia’s Supreme Commercial Court Voids An Optional Arbitration Clause

Russia’s highest commercial court has ruled that an optional arbitration clause creates an unfair advantage for one of the parties and hence is contrary to the equality of arms principle. Pursuant to the clause in question both parties were required to submit any disputes among them to arbitration under the ICC rules. However, the seller […]

Posted in: Commercial Arbitration, Domestic Proceedings