The ruling of the Supreme Court of the Russian Federation № 305-ЭС23-11869 dated 20.11.2023 Case № А40-179021/2022 The Supreme Court of the Russian Federation made a ruling in case No. A40-179021/2022 on the suit of OOO “IS TEX” to JSC “Moscow Industrial Bank”(hereinafter abbreviated as MInBank”) on funds recovery in connection with the cassation appeal […]
Category: Recognition of foreign judgments
Russian arbitral awards are still being recognised in Uzbekistan despite Western sanctions
The Supreme Court of Uzbekistan ruled on the recognition and enforcement of a Russian arbitral award in the context of US sanctions. EU and US sanctions against Russia are not an obstacle to the recognition and enforcement of arbitral awards issued by Russian courts – a case from Uzbekistan. In Case No. 4-10-2225/540, JSC “Uzbekneftegaz” […]
What are the chances of a foreign claimant to succeed in a Russian court?
Photo published on Vecteezy Recently, during the 12th Asia Pacific International Legal Forum, the Chairman of the Supreme Court of the Russian Federation Vyacheslav Lebedev reported that the total number of economic disputes involving foreign parties has increased by 60%, to 10.6 thousand in the first half of 2023. Whereas 93% of disputes were resolved […]
Are Russians now banned from bringing cars and smartphones to the EU?
On the 8th of September the European Commission posted an update to the “frequently asked questions “(FAQs) on the rules for applying sanctions against Russia. (Commission Consolidated FAQs on the implementation of Council Regulation No 833/2014 and Council Regulation No 269/2014, D. Trade and Customs, 5. Import, Purchase and Transfer of Listed Goods, 13; p.169). The […]
No protection for trademarks in Russia
On 2 March 2022, the Arbitrazh Court of the Kirov Region rendered a judgement which will potentially make a little piglet which is rather popular among 3-6 year olds famous with IP lawyers. The original of the judgement can be found here, a translation into English is provided below. The story is simple: The holder […]
Enforcement of English Judgments in Russia II: Service Abroad
In the previous article, we have talked about enforcement of English Judgements in Russia on the basis of recipocity. While in essence, an English court judgment can and should be recognised in Russia with relative ease, it is essential to pay attention to a proper service of process abroad under the Hague Convention. Background of […]
Enforcement of English Judgments in Russia: Reciprocity
Unlike the New York Convention 1958, which provides a straightforward procedure for enforcement of arbitration awards in another signatory state, there is no single unifying international treaty or convention when it comes to court judgements. Enforcement of foreign judgments is often covered by bilateral or multilateral treaties which vary from country to country. However many […]