Domestic Proceedings

Supreme Commercial Court: Provisional Arbitral Awards Are Not Enforceable in Russia
By 12 December, 2010 1 Comments Read More →

Supreme Commercial Court: Provisional Arbitral Awards Are Not Enforceable in Russia

In a recently published decision, the Presidium of the Russian Supreme Arbitrazh Court (“SC”) held that provisional awards of arbitral tribunals are not enforceable in the Russian Federation. The SC said Russian law only provides for enforcement of awards that are final and actually resolve the substance of the dispute. Facts of the case Living […]

The Yukos Legal Insurgency
By 7 December, 2010 1 Comments Read More →

The Yukos Legal Insurgency

When former Yukos shareholders promised a “life-long litigation” for their assets, very few took it seriously. After all, until recently there have been no precedents of successful enforcement of arbitration awards against the Russian Federation. But this perception has been changing over the last last few months, with Yukos shareholders advancing on at least three […]