In one of our recent articles (see here), we discussed a case in which the Russian commercial court refused to recognise an arbitral award because it was requested by a foreign company from a so-called unfriendly country without a domestic bank account. Enforcement would result in a violation of the provisional public order. Now, the […]
Autor: Alexander Shmagin
Cyprus court decision not recognised in Russia
Since 1984, Cyprus was one of the few EU countries to have concluded a mutual legal assistance agreement with Russia in civil and criminal matters, under which the two countries undertook to recognise the decisions of each other’s courts (Art. 23). However, current practice is such that this provision is no longer applied. Decisions by […]
Are even domestic arbitration awards not good enough for enforcement in Russia?
In a series of decisions (Court case no. А43-27728/2024) originating at the Arbitrazh Court in Nizhny Novgorod, a domestic Russian award in favour of a Swiss entity was first recognised and then this decision was lifted by the Court of Appeal and the matter referred back to the first instance court, which then refused enforcement […]