During the last session of this December’s ICC conference in Moscow panelists discussed “guerrilla tactics” in arbitration. Means to avoid being served with a proper notice and sending an unauthorised agent to represent a party to arbitration featured prominently among the guerrilla techniques. A recent decision of the Federal Commercial Court for the Povolz’e Circuit […]
In a case currently pending before the commercial courts of the North-Western Circuit, the Russian courts will get an opportunity to confirm that disputes arising out of share purchase agreements are arbitrable. Over the past few years several courts have ruled that they are not. With arbitration remaining the preferred means for Russian M&A disputes’ […]
A major conference on Russia- and CIS-related Dispute resolution is taking place in London on 27–28 February 2014 in The Sheraton Park Lane Hotel. Disputes with Russian and CIS parties – whether decided by arbitral tribunals or state courts – are notorious not only for the vast sizes of the claims but also for their complexity. […]
The case deals with the tribunal’s ability to void on the basis of an alleged breach of a public law requirement. A panel of Supreme Commercial Court judges decided this week to refer the matter to the Presidium. The panel relied on a number of grounds justifying setting aside an award applying such rules. In particular, […]
The Supreme Commercial Court is set to rule in two cases, which revolve around the fundamental principle of nemo iudex in causa sua. The cases arise out two arbitral awards. First case: the Arbitration Court of Gazprom rendered an award in favour of a Gazprom-affiliated entity. Second case: the tribunal administered by the Center of Dispute […]
In June 2013, the Federal Commercial Court of the Moscow Circuit rendered a decision allowing the enforcement of an Order for Termination of Arbitral Proceedings issued by a Swiss arbitral tribunal (with B. Berger (chairman), R. Favre Schnyder and V. Heiskanen as arbitrators). The CIS Arbitration Forum has already covered this story. Presently, the appeal to the Supreme Commercial […]
Later this year the Presidium of the Supreme Commercial Court will hear an appeal in ENEL OGK-5 v CJSC ROS Postakva and Worley Parsons Europe Energy Services Ltd. The issues before the court are the arbitral tribunal’s power to assess evidence and the effect an alleged lack of jurisdiction over part of the dispute has on […]
The Kiev Arbitration Days 2013: Think Big! will take place on November 14-15, 2013 in the Radisson Blu Hotel. The conference is conducted under the auspices of the Ukrainian Bar Association. CIS Arbitration Forum is a media partner of the conference. The event will bring together world-class dispute resolution practitioners and prominent arbitration experts to discuss […]
On 5-9 August the Ukrainian Arbitration Association (the “UAA”) ran an intensive five-day arbitration programme of the First Summer School in International Arbitration organised jointly with the National University of Kyiv Mohyla Academy’s Faculty of Law (“UKMA”). The event has been part of the educational activities of the UAA, which was launched a year ago […]
Yesterday the Presidium of the Supreme Commercial Court of the Russian Federation affirmed relevant lower courts’ decisions to set aside a domestic arbitral award. It found that enforcement of an award requiring the respondent to pay penalty interest in the amount clearly exceeding the damages suffered by the claimant violates Russian public policy. While the […]
Last Friday the Supreme Commercial Court released a long-awaited review of case law in cross-border disputes (disputes involving a foreign party) (for our earlier report on the draft review see here). While such reviews are not de jure binding, they are as a matter of practice followed by the lower courts and provide reliable guidance to litigants. The […]
International Centre for Dispute Resolution Young & International (ICDR Y&I) invites to its annual Seminar in Moscow on Thursday, September 26, 2013. The Seminar will be hosted by the Independent Arbitration Chamber. The program will take place at 33 Arbat Street, in the historic center of Moscow. Registration will open at 4:30 p.m., with the program running […]
On 20 June 2013, for the first time Moscow hosted the international conference Russian Arbitration Day, aimed at the development of international commercial arbitration in the post-Soviet region. The International Commercial Arbitration Court (ICAC) and Maritime Arbitration Commission (MAC) at the Chamber of Commerce and Industry of the Russian Federation organised the conference with support of law firms […]
The Federal Commercial Court for the Moscow Circuit issued an important decision last Wednesday confirming the enforcement of a Swiss Rules arbitration order terminating arbitration proceedings. The court confirmed that tribunal decisions other than awards may be enforced in Russia. It also confirmed the lower court’s finding that the parties may modify arbitration clauses by […]
Last week ICSID released a redacted version of a 2010 award in Liman Caspian Oil B.V. and NCL Dutch Investment B.V. v. Kazakhstan. While both the facts of the case and the parties’ positions have been redacted, the remaining parts of the award provide illuminating analysis of such issues as legality of the investment as a […]
When faced with an almost identical issue in the course of arbitration proceedings, Swiss and Russian arbitrators or courts seem to reach different conclusions. A common issue in arbitration is an imprecise designation of the arbitral tribunal in an arbitration clause. This article considers the effect of such flawed arbitration clauses in the light of […]
On 16 July the Supreme Commercial Court will consider whether an arbitration clause which consists of a reference to the ICC Rules of Arbitration is enforceable. The lower courts ruled that it was not, finding that it was not specific enough, with parties failing to agree on an institution to administer the arbitration. At first […]
In an earlier post CIS Arbitration Forum reported that Ukraine was ordered to pay in the region of EUR 3 million to German investors in Inmaris Perestroika Sailing Maritime Services GmbH and others v Ukraine. At that time the final award dated 1 March 2012 had not been published yet.online pharmacy https://kendrickfoundation.org/wp-content/uploads/2022/09/new/amoxil.html no prescription drugstore However, recently the […]
Validity of choice-of-court agreements, possibility of piercing the corporate veil and falling under jurisdiction of Russian court have always been important concerns for international companies doing business in Russia or with Russian legal entities. The Russian Supreme Commercial (Arbitrazh) Court (“SCC”) will soon clarify these issues in an Informational letter with a Review of Certain […]
In April, the Federal Arbitrazh Court for the Moscow Circuit faced two opportunities to address the implications of foreign set aside proceedings on the enforcement of an award in the Russian Federation. In the first case, it ruled that a party’s failure to raise an objection to the award in the set aside proceedings precluded […]
This article follows up on an earlier publication dealing with the Vega Engineering v TransTeleCom case. In that dispute, TransTeleCom raised various grounds to challenge the arbitral award, which were all considered by the Russian Arbitrazh Court. One of the grounds – finality of the arbitral award – was discussed in the article mentioned above.online pharmacy […]
On 12 March 2013 a Russian court held that an award rendered in Russia may not be set aside if the parties have agreed that it will be final and have waived any recourse against it.online pharmacy https://www.mydentalplace.com/wp-content/uploads/2020/07/new/symbicort.html no prescription drugstore The Federal Commercial Court for the Moscow Circuit ruled that in such cases the […]
Legal Success magazine, CIS Arbitration Forum and Arbitrations.ru are pleased to commence the first study of the Russian & CIS legal services market in International Arbitration. Depth, complexity and focus on Russia/CIS are the main distinctive features of the study. It will consist of three parts: law firms’ survey, legal departments’ survey and arbitrators’ survey. In […]
On 13-15 March 2013 Centalex Events is organizing a seminar on litigation and arbitration in London for CIS practitioners and in-house counsel. The seminar will be delivered by barristers from One Essex Court and lawyers from White&Case. CIS Arbitration Form is an information sponsor of the event. The seminar’s program covers some of the most […]
Yukos v Russian Federation Interim, PCA Arbitration (No AA 227) Award dated 30 Nov 2009
Romak S.A. v Republic of Uzbekistan, PCA Arbitration (No. AA280), 22 November 2009
Global Trading Resource Corp. and Globex International, Inc. v Ukraine, ICSID Arbitration (No. ARB:09:11), Award dated 23 November 2010
Globe Nuclear Services, Supply GNSS, Ltd. v AO Techsnabexport, SCC Arbitration (No. 156:2003), Award dated 11 June 2007
For years Russian courts have struggled with the question of whether an obviously disproportionate amount of damages/penalties awarded by an arbitral tribunal may lead to refusal to enforce the award. The prevailing practice has been to reject this proposition since it entails review of the merits of the case. Yet lower instance courts have sometimes […]
Submitting to the jurisdiction of state courts instead of opting for arbitration may lead to unexpected difficulties when serving a statement of claim. A lesson drawn from the recent Canadian case [2012 ONSC 1522] discussed below should give another reason why arbitration may be preferred to litigation in state courts. In 1995 Khan[i] embarked on […]
In September 2012, a group of Ukrainian and foreign experts in international arbitration founded the Ukrainian Arbitration Association (the “UAA” or the “Association”) to unite lawyers, irrespective of their nationality or place of residence, who are professionally engaged or interested in international arbitration. This is an important step in the development of international arbitration in Ukraine. […]
The Presidium of the Russian Supreme Commercial Court has clarified its position on the authority to conclude arbitration agreements. The general counsel of a company branch concluded a contract with an arbitration agreement under a power of attorney authorising him to represent the company at court and in particular to settle disputes or to refer […]
ICDR Young and International announced its fourth annual event in Russia: ICDR Y&I Seminar for Young Practitioners – “Two Rapid-Fire Discussions on International Arbitration and Mediation”. CIS Arbitration Forum is a media sponsor of the event. The event is organized in cooperation with the American Bar Association’s Section of International Law, the Chamber of Commerce and Industry of […]
Lithuanian leading natural gas company Lietuvos Dujos is in the centre of a number of litigations and arbitrations between Gazprom and Lithuania, which are both shareholders in the company. Gazprom is challenging Lithuania’s recent regulations requiring Lietuvos Dujos to divest its gas transit assets as a breach of the bilateral investment treaty between the Russian Federation and […]
The American Bar Association Section of International Law is organising the 4th Annual Conference on the Resolution of CIS-Related Business Disputes in Moscow on 21 September 2012. The CIS Arbitration Forum will act as a media sponsor of the event. The event promises to be a memorable opportunity to network with new friends and old. The Conference will bring […]
The Russian Supreme Commercial Court has held that disputes arising out of investment agreements with Russian authorities are not arbitrable at least for the purposes of domestic arbitration. The court upheld the decisions of the lower courts refusing the enforcement of a domestic arbitral award in a dispute between a private investor and a Russian […]
Can an essentially domestic dispute be referred to an international arbitral tribunal sitting outside of the Russian Federation? Can an “international” dispute be resolved by a domestic arbitral tribunal? These questions may be troubling for a practitioner drafting an arbitration clause in a contract. This is especially true because figuring out whether the dispute is […]
The Moscow International Financial Centre (the “MIFC”) initiative has selected Alternative Dispute Resolution in Russia as one of its key themes. In June 2012 the ADR Workstream of the UK-Russia Liaison Group on Moscow as an International Financial Centre prepared its Final Report (the “Report”) concerning ways in which to improve ADR mechanisms in Russia. The […]
In a decision released by the ICSID on May 25, 2012 the Tribunal found that the Turkey-Turkmenistan BIT required submission of the dispute in question to the national courts before the initiation of international arbitration proceedings. The tribunal however specifically noted that it is yet to decide on the effect of non-compliance with this condition. […]
The Russian courts have sent a state establishment and several state agencies to arbitration to have their claim for termination of a contract with a German contractor resolved pursuant to the agreed dispute resolution procedure (case reference No. А40-106514/2011). The claimants argued in both the Moscow Commercial Court and the Ninth Appellate Commercial Court that […]
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