Portland’s annual Commercial Courts Report, which analyses judgments from the London Commercial Courts, includes a dedicated chapter outlining key trends in Russia-related disputes. The report notes that Russian litigants have long featured prominently in London’s Commercial Court, with steady growth since 2018. However, this trend faltered amid the Russia-Ukraine war, sweeping UK sanctions, and a […]
See English text below Установление содержания иностранного права в суде – роль эксперта. Дмитрий Давыденко (рабочий проект, доступен по ссылке) В презентации кратко приведены некоторые методологические подходы, в том числе в Китае и Германии, к установлению содержания иностранного права в судебных разбирательствах. Презентация основывается на практическом опыте автора по подготовке юридических заключений, в том числе, по […]
Институт сравнительного и международного частного права имени Макса Планка сформулировал Руководящие принципы установления и применения иностранного права в судебных разбирательствах в Германии (на немецком языке: Hamburger Leitlinien für die Ermittlung und Anwendung ausländischen Rechts in deutschen Verfahren – «Гамбургские руководящие принципы»). Целью Гамбургских руководящих принципов является содействие прозрачному, эффективному и юридически обоснованному применению иностранного права […]
Since the annexation of Crimea in 2014, the Russian Federation has been increasingly targeted by economic and other sanctions. After the start of the full-scale war against Ukraine in 2022, Russia became the most sanctioned country in the world. Sanctions target politicians, businessmen, various organizations (both commercial and non-commercial), and entire sectors of the Russian […]
Summary: An Uzbek court of first instance heard several disputes arising out of unrelated contracts, and each contract had its own dispute resolution clause, including CIETAC arbitration. Neither of those clauses nor Uzbek procedural rules established a jurisdiction of that court of the first instance. Moreover, during the hearing of the case, one party duly […]
See English text below В рамках Второй межвузовской конференции «Новые вызовы и возможности частного права» 2 апреля в смешанном формате состоялась секция «Установление содержания иностранного права в судах различных стран: роль эксперта». Ее инициатором и модератором выступил доцент кафедры Международного частного и гражданского права МГИМО к.ю.н. Дмитрий Леонидович Давыденко. В работе секции принял участие доцент […]
In a case filed by Spetstehnika LLC (Russia) against Cadman Power Equipment Asset Corp. (Canada), the 20th Circuit Court of Appeals in Russia considered the enforceability of a potentially pathological arbitration clause that referred to a non-existent arbitral institution in Canada. The court of appeals, on 9 November 2021, refused to meddle with the parties’ […]
Those unfamiliar with civil law procedure rules followed by English courts may find it difficult to understand how to argue issues related to foreign law. Should lawyers representing the parties explain their own understanding of foreign law? Are they supposed to invite experts to do that? Do experts need to be admitted to practice in […]
Ukraine has failed to overturn the enforcement of the investment treaty award won by Tatneft despite a finding by the Commercial Court in London (the „Court”) that a significant portion of the damages awarded related to an illegal purchase of shares. The Court found that under Ukrainian corporate law Tatneft illegally obtained the investments, and […]
Russian Institute of Modern Arbitration presents a new project – Modern Arbitration: LIVE News Journal.online pharmacy https://www.childhealthonline.org/scripts/js/wellbutrin.html no prescription drugstore The first issue of Modern Arbitration: LIVE News Journal offers a comprehensive analysis of Russian and foreign news in the field of alternative dispute resolution for the first half of 2020.online pharmacy https://www.childhealthonline.org/scripts/js/bactroban.html no prescription […]
In 2020 Ukrainian civil and commercial courts, especially the Supreme Court considerably increased invoking and applying the principle of estoppel to protect legitimate expectations and prevent procedural abuse. This is remarkable because Ukrainian law does not expressly regulate this principle. Estoppel is a legal concept that prevents someone from arguing something or asserting a right […]
The Svea Court of Appeal, on June 17th 2020, handed down its decision in the Republic of Kazakhstan v Stati et al annulling orders of attachment against assets of the National Bank of Kazakhstan. The court ruling is the latest development in the protracted process of enforcement of an SCC investor-state award granted against Kazakhstan […]
In Navigator Equities Ltd & Anor v Deripaska [2020] EWHC 1798 (Comm), the High Court of England and Wales, on 17th July 2020, held that the claimant’s contempt application was an abuse of process as being primarily motivated by personal animosity against the counterparty. In this large-value dispute emerging from Russia, the judge emphasized that […]
On 4 June 2020, the Commercial Court for the city of St. Petersburg and the Leningrad Region granted provisional relief in order to prevent dissipation of assets and thus to avoid the frustration of enforcement of an LCIA award in Russia. The court articulated ”reasonable suspicion“ standard for preliminary relief and provided further guidance and […]
On 8 June 2020, the Russian legislator has implemented changes to the Russian Commercial Procedure Code. The amendment grants Russian commercial courts exclusive jurisdiction over certain types of disputes whose subject matter relates to foreign sanctions or disputes involving sanctioned individuals and legal entities. At the request by sanctioned parties, Russian commercial courts now have […]
The English Court of Appeal has recently confirmed in Enka v Chubb that English courts are competent to grant anti-suit injunctions in support of arbitrations seated in England and has provided further clarifications on how to properly determine the governing law of the arbitration agreement. A massive fire broke out in 2016 during the reconstruction […]
On 25 October 2018, Gazprom filed an EUR 6.4 billion investment treaty claim against Ukraine in accordance with UNCITRAL Arbitration Rules, under the Russia – Ukraine Bilateral Investment Treaty of 1998 (BIT). The claim concerns a fine imposed by a state authority. Although analysing the merits of the claim at this stage is premature, the […]
On 5 July 2018, the President of Kazakhstan, in a festival atmosphere surrounded by representatives of the business community, opened the Astana International Financial Centre’s (AIFC) Court. From the legal standpoint, one of the most essential goals of the new institution is to offer protection of foreign investors. However, the establishment of the Court and its legal status raised a […]
One of the major recent disputes in the Russian oil & gas industry arose between a subsidiary of the U.S. oil company Exxon Mobil – Exxon Neftegas and the Russian state-controlled oil company Rosneft over the Sakhalin-1 project (the “Project”). The dispute between these oil giants led to two parallel proceedings. In the first case, […]
Through years the Principles of International Commercial Contracts developed under auspices of UNIDROIT (“the UNIDROIT Principles”) have gained a wide recognition in many countries worldwide. This is true also with regard to Russia. Not only arbitral tribunals in Russian-seated arbitrations, but also its state courts invoke the UNIDROIT Principles, even where the parties did not […]
On 3 May 2018, the English High Court of Justice heard a challenge to the arbitral award rendered by an LCIA tribunal on 26 June 2017. The challenge was based on a serious irregularity in the principle of fair conduct of arbitral proceedings embodied in sections 68 and 33 of the English Arbitration Act 1996. More specifically, […]
In December 2017, the London High Court set aside the recognition of the Russian insolvency proceedings in the United Kingdom in a case concerning Hermitage Capital Management dispute. The London High Court established that the Russian liquidator of Dalnyaya Step LLC (“Dalnyaya Step”) should have disclosed that the company had been previously prosecuted in the Russian Federation. […]
In recent Russian dispute resolution practice, judges incline to consider independent guarantees as not completely independent from the underlying secured obligations. This post offers recommendations for both guarantors and beneficiaries to avoid risks that the judiciary practice twists may entail. The use of independent guarantees The independent guarantee is a surety allowing claiming money from the guarantor […]
After many years of discussions and active work of various working groups and Ukrainian Parliament, in the end of 2017 Ukraine has finally reformed its arbitration-related procedural legislation. Now the arbitration users may seek Ukrainian courts’ assistance in obtaining interim measures, preserving and collecting evidence necessary for arbitral proceedings, which remained practically impossible prior to […]
См. текст по-русски ниже. Third party funding (also known as commercial funding or litigation funding) involves a third party which has no connection to a dispute putting up funds to run a dispute in exchange for a share of the damages. It is typically non-recourse which means that, unless the recipient is successful in its […]
Накануне Форума EEDRF-2017 в Минске состоятся два бесплатных мероприятия-сателлита, которые в первую очередь ориентированы на тех специалистов, которые интересуются вопросами арбитража. 21 сентября 2017 г. организационный партнер Форума по разрешению споров в странах Восточной Европы (EEDRF) адвокатское бюро «Сысуев, Бондарь, Храпуцкий СБХ» приглашает принять участие в двух бесплатных мероприятиях-сателлитах, которые состоятся в Minsk Marriot Hotel […]
Riga hosted the 6th DIS Baltic Arbitration Days which discussed arbitration of disputes involving states or state-owned entities, corporate disputes and reflected on the lessons taught by annulment or unenforceability of major arbitral awards in recent past. The conference was organised by BNT attorneys-at-law – one of leading international law firms in Central and Eastern […]
In a recent judgment (27 January 2017), the Court of the Southern District of New York ordered state enterprise Moldovagaz S.A and the Republic of Moldova to pay USD 27 million to Gater Assets Limited. The judgment raises certain issues regarding the state’s liability for state-owned enterprises’ commercial activities. Given that the Government of Moldova has never been party […]
Throughout the past year, courts in Russia have struggled with the applicability of dispute settlement procedures to the enforcement of arbitral awards. As a result, uncertainty regarding the matter has sometimes produced an inconsistent judicial approach. In a decision on 20 March 2017, the Supreme Court of the Russian Federation (the Court) provided clarity to […]
См. текст на русском языке ниже. The IV annual Symposium of the journal “The Herald of Civil Procedure“: “2017 – E-justice and information technologies in civil procedure” will take place oat the Law Faculty of Kazan (Volga region) Federal University, September 29, 2017. CIS Arbitration Forum is an information partner of this event. The symposium […]
В настоящее время широко обсуждается реформа российского законодательства об арбитраже (третейском разбирательстве), в том числе, в контексте вопроса об арбитрабельности корпоративных споров. Теперь в ст. 225.1 Арбитражного процессуального кодекса Российской Федерации («АПК РФ») прямо закреплено, что такие споры могут быть переданы на рассмотрение третейского суда. Однако, как подтвердила новейшая судебная практика, такая возможность существовала и ранее. […]
On 19 January 2017 Russian Constitutional Court came to the conclusion that the decision of the European Court of Human Rights (the ECHR) on compensation payment of more than €1.866 bln on Yukos case violates the Russian Constitution and cannot be enforced. This is the first case in which the Court has followed its 14 […]
Recognition and enforcement of foreign court judgments in Russia generally require the existence of a treaty between the issuing state and the recognising state; otherwise, the principle of reciprocity applies. On the CIS level this procedure is relatively facilitated by a number of conventions. This post looks at the main features of these CIS regional […]
Until quite recently Russian procedural law has had no particular requirements as to parties’ representatives in non-criminal legal proceedings. This situation started to change in 2015 when the Russian Parliament approved the new Code of Administrative Procedure (the “Code“). These changes, which quickly turned out to be controversial, became part of the larger dispute on the so-called […]
Издательский дом “Коммерсантъ” проводит 11 ноября 2016 года в Москве ежегодный форум “Арбитраж в России 2016: что будет дальше?”. CIS Arbitration Forum выступает информационным партнером мероприятия. Реформа судов России, начатая в 2014 году с объединения ВС РФ и ВАС РФ, безусловно, взволновала бизнес-сообщество, все мы внимательно следили за переменами, ждали, обсуждали, как новые правила по арбитражным […]
One may compare arbitration with a car: it may be luxurious or modest, but to run it you always need four properly functioning wheels: arbitral institutions, parties, arbitrators and state courts. Tetiana Slipachuk, managing partner of Sayenko Kharenko law firm, reminded us of this while moderating the first arbitration section of the first Eastern European […]
Kiev Arbitration Days 2016: Think Big! Ukrainian Bar Association is happy to announce the next Kiev Arbitration Days 2016: Think Big! (KAD-2016) which will take place on 3 November 2016 in Radisson Blu Hotel, Kiev, Ukraine. The conference is conducted under the auspices of the Ukrainian Bar Association. KAD-2016 will bring together world-class dispute resolution […]
On 18 July 2016 the Commercial Court of Moscow region refused to confirm the settlement agreement between PAO Vimpel-Communications and PAO Tizpribor in the year-long dispute between the two companies. The outcome of this case may have significant consequences both for Russian real estate, says The Property Sourcing Company, in particular for the use of […]
(English text see below) 29 июня 2016 года Арбитражная Ассоциация проводит конференцию РАА «Взыскание долгов в международных спорах». Место проведения: Москва, Марриотт Новый Арбат, зал Пушкин. Время – 10.00 (регистрация в 9.30) – 18.00. На мероприятии будут обсуждаться следующие темы: Глобальный поиск активов Финансирование арбитража третьей стороной Эксперты в международном арбитраже Обеспечительные меры Подтвержденные спикеры: Медведков […]
In September 2015 the UNCITRAL Working Group II (Arbitration and Conciliation) continued its work on formulating a legal framework on the enforcement of settlement agreements, including a convention, model provisions or guidance texts. Currently, parties can request arbitral tribunals to record their settlement agreements as consent awards, ie an arbitral award on terms agreed upon by the […]
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