Recent judgments of the Ukrainian courts have again attracted attention to the issue of arbitrability, which remains under debate both in theory and in practice in Ukraine. This time court practice deals with disputes arising out of the so-called “commercial contracts related to satisfaction of the state’s needs” (“Public Procurement Contracts”). The judgments discussed in […]
Seminar “Current trends in Russian arbitration law – in light of the recent case law and the pending law reform” took place on 2 September 2014 in Hamburg (Germany). Norton Rose Fulbright hosted this event organized by the German-Russian Lawyers’ Association. Important new developments occurred this summer with regard to pending Russian legislative reform on domestic […]
Russian publishing House Kommersant and Russian Arbitration Association will hold a conference on 16 October 2014 in Moscow on resolution of commercial disputes through online arbitration platforms: Arbitration in Russia New Solutions for Business. Online dispute resolution is getting increasingly popular. With the rise of the Internet, other intelligent bits of technology, lawyers would be […]
The Eurasian Economic Community (“EurAsEC”) was founded in 2000 by Belarus, Kazakhstan, Kyrgyzstan, Russia and Tajikistan. EurAsEC is an international organisation established to promote the process of the effective formation of the Customs Union and the Common Economic Space, as well as of other goals and objectives related to the deepening of integration in the […]
Russia Moscow Chamber of Commerce and Industry Lee John Beck and Central Asian Development Corporation v Kyrgyz Republic Award (in Russian) September 2013 Moscow Commercial Court Lee John Beck and Central Asian Development Corporation v Kyrgyz Republic Award (in Russian) June 2014 Moscow District Commercial Court John Beck and Central Asian Development Corporation v Kyrgyz […]
UK High Court in Buncruptcy Bank of Moscow and Sberbank Leasing v Vladimir Kekhman and others Judgment April 2014
UK High Court Yukos Capital v Tomskneft Judgment March 2014
UK Court of Appeal VTB Capital v Nutritek International Corp April 2012
KT Asia Investment Group B.V. v Kazakhstan, ICSID Arbitration, Award dated August 2013
Garanty Koza v Turkmenistan, ICSID Arbitration, Award dated 3 July 2013
On 28 July 2014 a historic award in Yukos v. The Russian Federation rendered by the arbitral tribunal seated in The Hague finally became publicly available. The tribunal ordered Russia to pay more than 50 billion US$ for its expropriation of Yukos, making this award the biggest one in the history of international arbitration. Considering the circumstances, […]
Foreign and Russian legal practitioners quite often note the absence of legal enforceability of “warranties” as a shortcoming of the Russian legal system. Meanwhile, the situation is changing as, on 10 July 2014, the Ninth Commercial Appellate Court confirmed the judgment of the Moscow Commercial Court acknowledging the legal force of “contractual warranties” and the duty of parties to […]
Recent Russian commercial court judgments illustrate a new trend in the interpretation of framework supply agreements (“FSA”). The newly developed approach is supposed to become more sensitive to good faith, party willingness and intentions and factual and legal discourse. In Taganrog Automobile Plant v Hyundai Motor Company (case № 15AP-8173/2014) the courts implemented the Russian Supreme Commercial […]
Is an appeal really possible in this case? And, if not, what other options are available for the Russian Federation? Russia’s leading newspaper Kommersant has leaked Russia’s intentions and the grounds it can use to resist the award. This article aims to find out which legal recourse can be used by the Russian Federation and whether it has […]
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