Archive for February, 2011

Conference in London: Arbitrating CIS Disputes through the LCIA
By 24 February, 2011 0 Comments Read More →

Conference in London: Arbitrating CIS Disputes through the LCIA

The LCIA in conjunction with the British-Russian Law Association is organizing a conference on practical issues of CIS dispute resolution in London. On 17 March 2011, the participants will discuss commencing and progressing LCIA proceedings, multiparty arbitrations, as well as on issues of costs and enforcement. Keynote participants include: James Clanchy (Registrar and Deputy Director […]

Award Based on a Void Bylaw Found Unenforceable

Award Based on a Void Bylaw Found Unenforceable

The Supreme Arbitrazh Court of Russia in the Decree No. 10848/10 dated 14.12.2010 refused recognition and enforcement of an arbitral award on the ground of contrariety to the Russian public policy. The Court upheld the reasoning of the lower instances stating that the arbitral award violated the fundamental principles of the Russian law. Arbitration court […]

Challenging Jurisdiction of Arbitral Tribunals in Russian Courts
By 14 February, 2011 0 Comments Read More →

Challenging Jurisdiction of Arbitral Tribunals in Russian Courts

It is not possible to challenge in state courts decisions on jurisdiction of arbitral tribunals constituted in accordance with the Russian Federal Law ‘On Arbitration Tribunals’. That is the ruling of the Presidium of the Supreme Commercial (Arbitrazh) Court published the Court’s web site earlier this year. The issue was whether it was possible to […]

CIS Arbitration Professionals Group to Be Launched in London
By 11 February, 2011 1 Comments Read More →

CIS Arbitration Professionals Group to Be Launched in London

British-Russian Law Association and Clifford Chance announced the creation of a new group for arbitration professionals under 40 years of age with an interest in Russia-related matters, whether based in Moscow, London or elsewhere. The idea is to organize several meetings a year to discuss arbitration involving Russian/CIS interests or parties. Future events will entail […]

The New Russian Mediation Law in Action

The New Russian Mediation Law in Action

In January 2011 the very first settlement agreement reached by means of mediation in accordance with the new Federal Law on Mediation having which became effective on January 1, 2011. The preliminary court hearing in proceedings chaired by judge Sorokina of the Arbitrazh Court of the Omsk region was broadcast via videoconferencing system from the Russian Supreme […]

The Rosneft-BP Deal Will Be Scrutinized by Arbitrators in Stockholm
By 2 February, 2011 0 Comments Read More →

The Rosneft-BP Deal Will Be Scrutinized by Arbitrators in Stockholm

Today a British court decided to suspend the multi-billion transaction of Rosneft and British Petroleum (BP). Under the terms of the BP-Rosneft $16bn share swap, Rosneft is to take a 5 per cent stake in BP. In exchange, BP will raise its holding in Rosneft from 1.25 per cent to 10.8 per cent. Both BP […]