Russian Federation Supreme Commercial Court’s Review of Issues Arising in Cases Involving Foreign Parties

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This alert analyses the most important legal positions adopted by the Presidium of the Russian Federation Supreme Commercial Court (the “SCC”) in its recently published Review of certain issues arising in commercial courts’ cases involving foreign parties (the “Review”). The SCC not only summarized a number of positions taken in earlier commercial court decisions but also set out several rules that had not previously been established by the SCC.

Notably, the Review contains a number of provisions that will enable appropriate and positive developments to take place in the resolution of disputes involving foreign parties. This alert analyses the most significant of these provisions, namely...

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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