In a decision rendered on 27 November 2014 the Rostov Region Commercial Court voided an optional dispute resolution clause (“lender’s option”) in a facility agreement. The said provision empowered only one of the parties to institute proceedings before any competent state courts despite the arbitration clause and an alternative provision providing for the exclusive jurisdiction of English courts. […]
Last year the Presidium of the International Centre for Dispute Resolution at the Economic Court of the Commonwealth of Independent States (ICDR) adopted the amended procedure for the settlement of disputes in the ICDR. The most significant changes occurred in the ICDR Arbitration Rules and Conciliation Rules. The ICDR was established by the CIS Economic Court, the […]
Unlike in the United Kingdom or the United States, international forum shopping is rarely at issue in Russian case law or legal doctrine. However, disputes related to forum shopping do arise in Russia: it happens that the same disputes fall within the jurisdiction of national courts of several states, e.g. the national court of the […]
On 29 November—1 December 2014, ICC Lex Mercatoria — the III International Students’ Contest in International Trade Law and International Commercial Arbitration hosted by the Law Faculty of the Belarusian State University — took place in Minsk. The Aims of the Competition ICC Lex Mercatoria, the annual international students contest in Belarus, every year attracts more participants, […]
20th Anniversary ICAL Conference in Stockholm on 31.08 and 01.09
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