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 […]
Category: Arbitration
Set-off: An Obstacle in Enforcement of Arbitral Awards?
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 […]
Russian Cassation Court of North-Western Region orders first instance court to undertake a révision au fond
Just a few days ago, we published a post with an optimistic outlook on Russian court practice in respect of recognition and enforcement of foreign arbitral awards in Russia. I called this the light at the end of the tunnel out of Russian court’s rather hostile attitude towards arbitration. Now the Arbitrage Court of the […]
Russian courts become Arbitration friendly: SCAI Award enforced with encouraging reasoning
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 […]
Russia: New law protects sanctioned citizens from foreign proceedings
In June 2020, the federal law No. 171-FZ came into force. The main rational of this law is to grant exclusive jurisdiction to the Russian state commercial courts (arbitrazh courts) over disputes involving a Russian party (or its foreign subsidiary) who has been sanctioned by a foreign state regardless of existing arbitration or jurisdiction agreement. […]
Russia: Courts Uphold ICC Arbitration Clause
Arbitrazh Court of Moscow seizes opportunity to apply arbitration-friendly approach to an ICC-arbitration clause Background of the case (Case No. А40-156056/2019) Codest Engineering S.R.L. (Codest) is an Italian construction company with substantial operations in Russia. It played a part in the construction of the VTB-Arena-Central Stadium “Dinamo” in Moscow. In 2016, Codest as a primary […]
English Court Commented on Law Applicable to Arbitration Agreement in Case
On 29 April the English Court of Appeal in its decision on Enka v Chubb [2020] EWCA Civ 574 establishes a new approach to the problem of the law applicable to the arbitration agreement in the situation when the law chosen by the parties to govern the wider contract differs from the law of the […]