Tag: UNCITRAL

Paris court confirms state companies’ use of investment arbitration under Russia-Ukraine BIT (Ukraine v Tatneft)

Paris court confirms state companies’ use of investment arbitration under Russia-Ukraine BIT (Ukraine v Tatneft)

On 29 November 2016 the Paris Court of Appeal (the Court) decided to uphold the arbitration award in the long-lasting dispute between Russian oil firm PJSC Tatneft (the Tatneft) and Ukraine. In this case, Ukraine unsuccessfully tried to set aside the $112m investment treaty awards in favour of Tatneft. The main issue in the case was […]

Russian Investors Turning More Frequently to Investment Arbitration

Russian Investors Turning More Frequently to Investment Arbitration

In 2016 the Russian Federation has most commonly appeared on the host state’s end of investor-state disputes, facing numerous arbitration claims brought in relation to the events in Crimea. However, quite recently Russia has also become more involved as a home state, with Russian investors becoming more active in investor-state disputes. This post highlights the […]

By 22 November, 2016 0 Comments Read More →
Russia losing battles but winning wars with foreign investors: cases overview

Russia losing battles but winning wars with foreign investors: cases overview

More often than not, foreign investors reach some success in arbitration cases against Russia. However, obtaining ultimate remuneration for their efforts usually becomes a long and evasive target, because the award either gets annulled or faces insurmountable enforcement difficulties. Many international treaties of the Russian Federation including those concluded by the USSR as its legal predecessor include a “narrow” […]

Не стало Сергея Николаевича Лебедева

Не стало Сергея Николаевича Лебедева

Мы с прискорбием сообщаем о кончине выдающегося деятеля  международного коммерческого арбитража, международного частного права и права международной торговли Сергея Николаевича Лебедева (1934 г. – 2016 г.).   С.Н. Лебедев являлся одним из немногих российских специалистов в области международного коммерческого арбитража, имеющих известность и авторитет на мировом уровне. С.Н. Лебедев более тридцати лет возглавлял кафедру международного частного и гражданского права Московского государственного института международных […]

Enforcement of Settlement Agreements Reached in Arbitration and Mediation

Enforcement of Settlement Agreements Reached in Arbitration and Mediation

In September 2015 the UNCITRAL Working Group II (Arbitration and Conciliation) continued its work on formulating a legal framework on the enforcement of settlement agreements, including a convention, model provisions or guidance texts. Currently, parties can request arbitral tribunals to record their settlement agreements as consent awards, ie an arbitral award on terms agreed upon by the […]

By 27 November, 2015 0 Comments Read More →
Hulley  Enterprises Limited (Cyprus) v. Russian Federation

Hulley Enterprises Limited (Cyprus) v. Russian Federation

Respondent filed the motion to dismiss petition to confirm arbitration awards for lack of subject matter jurisdiction under the U.S. Foreign Sovereign Immunities Act (“FSIA”). The motion was granted by the United States District Court, District of Columbia. Hulley Enterprises Limited v Russian Federation, PCA Arbitration (No. AA 226), Award dated 18 July 2014 Hulley Enterprises […]

Arbitrations against Ukraine and its State Bodies in Post-Revolution Period

Arbitrations against Ukraine and its State Bodies in Post-Revolution Period

2014 was one of the most difficult years in the contemporary history of Ukraine in both political and economic terms. The country lived through the Revolution of Dignity in February, the annexation of Crimea in March, the ongoing military conflict in eastern Ukraine and deep financial and economic crisis. In order to counter these difficulties and to […]

Overview of Essential Russian Cases Related to Arbitration: May–September 2014

Overview of Essential Russian Cases Related to Arbitration: May–September 2014

This overview looks at the most important cases decided by the Russian courts which relate to arbitration. 1. Public Procurement Disputes Not Arbitrable State Establishment Proizvodstenno-Tekhnicheskoe Ob’edinenie Kapitalnogo Remonta i Stroitelstva … v. LLC Arbatstroy (Case No. A40-148581/12, Presidium of the Supreme Commercial Court, Resolution No. 11535/13 dated 28 January 2014 (published in June 2014) The […]

New UNCITRAL Arbitration Rules on Transparency and Investment Arbitration in the CIS Region

New UNCITRAL Arbitration Rules on Transparency and Investment Arbitration in the CIS Region

The April UNCTAD report on recent developments in investor-state dispute settlement shows that arbitrations under the UNCITRAL Arbitration Rules constitute 28% of the total investment disputes conducted by the end of 2013. The findings are even more important for the CIS region as many of its countries, such as the Russian Federation, Kyrgyzstan, Moldova and Tajikistan […]

Arbitration in Sweden: Law and Practice by Roman Zykov

Arbitration in Sweden: Law and Practice by Roman Zykov

This is the first book which provides for a fully comprehensive Russian-language commentary and analysis on arbitration available in Sweden. Authored by Roman Zykov, the Russian language book “Arbitration in Sweden: law and practice” was published in December 2013. Sweden is a major player in the field of arbitration when it comes to commercial and investment […]

By 20 January, 2014 0 Comments Read More →
Ukraine: Revised Rules of Assistance to UNCITRAL Arbitrations

Ukraine: Revised Rules of Assistance to UNCITRAL Arbitrations

Recently the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (the “ICAC”) published new rules of assistance relating to assistance available from it under the UNCITRAL Arbitration Rules. The Presidium of the Ukrainian Chamber of Commerce and Industry approved the document on 27 October 2011 (the “2011 Rules of Assistance” or “2011 Rules”). The […]

By 17 February, 2012 0 Comments Read More →
Russia Defeats Investment Arbitration Claim Arising Out of Soviet-time Trade Debt

Russia Defeats Investment Arbitration Claim Arising Out of Soviet-time Trade Debt

This summer an UNCITRAL tribunal sitting in Stockholm held that it had no jurisdiction over a case submitted by Italian company Cesare Galdabini under Italy-Russian Federation BIT. According to media reports the claim arose out Russian Federation refusal to settle a debt owed for  EUR 278’000 worth of equipment, which Galdabini supplied in the end […]

By 15 November, 2011 1 Comments Read More →