Russia has significantly revised its arbitration laws as of 1 September 2016. On that date, two laws—the Federal Law “On Arbitration (Arbitral Proceedings) in Russia” and the Federal Law No. 409-FZ—come into effect, and amend a number of existing laws regulating arbitration. The new laws, commonly referred to as the “arbitration reform,” change considerably the legal framework for arbitral proceedings in Russia.
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