Tag: arbitrazh courts

Russian court of appeals interprets a pathological arbitration clause
By 1 December, 2021 0 Comments Read More →

Russian court of appeals interprets a pathological arbitration clause

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’ […]

Russian court rules on foreign currency use in real estate transactions

Russian court rules on foreign currency use in real estate transactions

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 […]