Russia continues to introduce restrictive and other measures following the imposition of sanctions by the USA, EU, UK and other countries on Russia....more
3/14/2022
/ Counter Sanctions ,
Debt ,
Economic Sanctions ,
Financial Transactions ,
Foreign Corporations ,
Foreign Persons ,
Foreign Policy ,
Foreign Relations ,
Information Technology ,
International Trade ,
Russia ,
Ukraine
In June 2020, the Russian Arbitrazh Procedure Code was amended to vest exclusive competence in the Russian arbitrazh (commercial) courts (“Arbitrazh Courts”) over disputes involving Russian (and certain foreign) persons who...more
President Vladimir Putin signed a bill on June 8, 2020 designed to provide legal recourse, in certain cases, to Russian (and foreign) persons who have been sanctioned by foreign states....more
On April 21, 2020, the Presidium of the Supreme Court of the Russian Federation issued an “Overview of selected issues of judicial practice, related to the application of legislation and measures to stop the spread of the...more
4/24/2020
/ Breach of Contract ,
Business Closures ,
Contract Termination ,
Coronavirus/COVID-19 ,
Court Closures ,
Court Schedules ,
Criminal Liability ,
Dispute Resolution ,
Documentation ,
Force Majeure Clause ,
Nonperformance ,
Risk Mitigation ,
Russia ,
Social Distancing ,
Supreme Court of the Russian Federation
On March 18, 2020, Russia’s Supreme Court and the Counsel of Judges issued Joint Resolution No. 808 to address measures Russian state courts must take to limit the spread of COVID-19 (the “Resolution”)....more
Recent rulings by Russia’s Supreme Arbitrazh (Commercial) Court (SAC) have clarified dispute resolution procedural issues in Russian courts. In particular, the following resolutions were adopted...more