Archive for April, 2012

Enforcement of Foreign Court Judgments in Russia: Reciprocity as a Separate Basis

Enforcement of Foreign Court Judgments in Russia: Reciprocity as a Separate Basis

Recognition and enforcement of foreign judgments in Russia remains a grey area, because according to the Arbitrazh Procedure Code foreign judgments may be enforced on the basis of a federal law or an international treaty. There is no generally applicable law providing for the enforcement of foreign judgments and there are few international treaties (particularly […]

Optional Arbitration Clauses to be Scrutinised by the Russian Supreme Commercial Court

Optional Arbitration Clauses to be Scrutinised by the Russian Supreme Commercial Court

Up until now optional arbitration clauses have come before Russian commercial courts only indirectly, in cases where lenders have chosen to exercise their option to bring claims before Russian state courts. In a line of cases decided by the Moscow Circuit Commercial Court the validity of such an option was upheld and it was held […]