Author Archive: Oleg Haritonov

Oleg Haritonov, MCIArb, is a Russian advocate and a senior associate of the Litigation practice at VEGAS LEX, Moscow, Russia. Oleg is an alumnus of the Belarusian State University (LL.B) and the University of Oxford (M.Jur). He has practiced law since 2006 working in civil service, legal research, and private practice.

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Russian courts tend to find independent guarantees as quite dependent
By 14 February, 2018 0 Comments Read More →

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 […]