As the requirement for all arbitration institutions to be licensed in Russia becomes mandatory in November, WilmerHale's Steven Finizio and Dmitry Kaysin assess the likely post-reform impact on Russia-seated proceedings under the rules of foreign institutions and the arbitrability and enforceability of certain disputes.
In September 2016, a number of changes to Russia's arbitration laws came into effect, with the intent of bolstering the use of arbitration in Russia; undertaken through a new law on domestic arbitration as well as amendments to the law on international arbitration, the Codes of Civil and Commercial Procedure, and to other Russian legislation.
Click here to continue reading
Originally published by www.cdr-news.com
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.