In most cases, the question which law applies to the arbitration agreement is rather academic, but in some rare cases, this question can decide about the validity of the arbitration clause or even the extension to non-signatories. After the UK Supreme Court decided on the famous „Enka v. Chubb“ matter, the German Supreme Court now […]
In 2018 FC Dynamo Moscow confirmed the hire of Ghanian central midfielder Adbul Tetteh as part of ca.€1.2m move from Polish Ekstraklasa side Lech Poznan. The transer was confirmed, but the club failed to pay. Known for its recent financial struggles, the FC also failed to pay €350,000 to the English Lucid Sports Group Ltd for […]
A mistake in the award is disappointing. Whether it is an error of law or an error in computation. If such errors are ignored then they can lead to a change in the meaning of the ruling and can stir trouble during enforcement. An error in the calculation is all the more disappointing when $90 […]
Obtaining a favourable arbitral award is just the beginning: a victorious party has to apply to a state court for an enforcement clause to render the decision enforceable. However, even if no objections or corresponding claims were raised by the opposing party previously during arbitration, such claims may appear later on and be used to […]
The Moscow Arbitrazh Court recognised a Dutch court decision based on the principle of reciprocity, although no treaty on recognition and enforcement of state-court judgements is in place between the Netherlands and Russia (Moscow Arbitrazh Court, Judgement of 19.06.2019, A40-68312/2018). Background to the case Stichting Administratiekantoor Nems trust foundation (Netherlands) obtained a judgement against a […]
The jurisprudence of Russian courts on recognition and enforceability of foreign arbitral awards in 2020 is still not homogeneous and the risk of surprising decisions remains. However, the number of decisions in which recognition and enfocement are refused on the grounds of ordre public violations is declining. One of the reasons for this positive development is the […]
Die Frage der Anerkennung und Vollstreckbarerklärung ausländischer Schiedssprüche im Rechtsverkehr mit Russland ist von erheblicher Bedeutung. Die Durchsetzung von Schiedssprüchen entscheidet im Streitfall darüber, ob eine obsiegende Entscheidung auch wirtschaftlich mit einer Befriedigung des Gläubigers endet. Russische Gerichte sind in der Vergangenheit immer wieder mit überraschenden Entscheidungen im Bereich der Anerkennung und Vollstreckbarerklärung ausländischer Schiedssprüche […]