Tag: Russian banking and finance

Семинар «Взыскание проблемных долгов: споры с участием банков и финансовых организаций» пройдет в Москве

Семинар «Взыскание проблемных долгов: споры с участием банков и финансовых организаций» пройдет в Москве

5 февраля 2019 года Российский национальный комитет Международной торговой палаты – Всемирной организации бизнеса (ICC Russia) при поддержке адвокатского бюро «Корельский, Ищук, Астафьев и партнеры» (КИАП) проведет семинар «Взыскание проблемных долгов: споры с участием банков и финансовых организаций». CIS Arbitration Forum выступает информационным партнером семинара. Согласно статистике, полученной из открытых источников, средняя судебная нагрузка на […]

By 24 January, 2019 0 Comments Read More →
Bank St Petersburg PJSC v. Vitaly Arkhangelsky

Bank St Petersburg PJSC v. Vitaly Arkhangelsky

On 9 May 2018, the English High Court of Justice ruled that Russian shipping businessman Mr. Vitaly Arkhagelsky is liable for a series of debt guarantees and dismissed his counterclaim in the long-running case brought by the Bank St. Petersburg and its CEO Mr. Alexander Savelyev. Mr. Arkhangelsky originally had charges brought against him for […]

Russian courts tend to find independent guarantees as quite dependent

Russian courts tend to find independent guarantees as quite dependent

In recent Russian dispute resolution practice, judges incline to consider independent guarantees as not completely independent from the underlying secured obligations. This post offers recommendations for both guarantors and beneficiaries to avoid risks that the judiciary practice twists may entail. The use of independent guarantees The independent guarantee is a surety allowing claiming money from the guarantor […]

By 14 February, 2018 0 Comments Read More →