An outstanding ruling of the Moscow Arbitrazh Court of 13 September 2021 in case № A40-128695/2021 denies recognition and enforcement of an ICC award to a creditor against the Republic of Transnistria, making a controversial statement: Money in a bank account represent clients’ contractual rights against a credit institution and is not a tangible object […]
A german court does not have to gather additional evidence offered on a disputed fact if it can base its conviction within the meaning of section 286(1) of the Code of Civil Procedure (ZPO) on other circumstances, such as the content of a party hearing alone (BGH, 10.03.2021 – XII ZR 54/20). This applies independently […]
The following decision of the Moscow Arbitrazh (Commercial) Court shows that the arguments of parties who try to resist the recognition or enforcement of arbitral awards in Russia in the times of the COVID pandemic, such as the impossibility to send representatives or witnesses to Russia or to participate in video hearings, are doomed to […]
At the end of last year, we commented on the decision of the lower court in this matter in our blog. The Frankfurt Higher Regional Court (order of 7 September 2020 – 26 Sch 2/20 – “Fish Can Filling Machine”) focused on the issue of set-off in enforcement proceedings. Today, we write about the appeal […]
A DIS (German Arbitration Institute) arbitration award was granted to recover damages from International Recycling Pte. Ltd. (Singapore) and Intervtorresurs Limited Liability Company (Russia). The claimant applied for recognition and enforcement to the court at the location of the Russian respondent. On the first circuit, the judgment was enforced, but was overturned by the court […]
Von: Heyo Eyiah, Anna Kopylova The right to beard in court is an important procedural principle (guaranteed by the principle of fair trial and laid down in Art. 103(1) of the German Constitution). An alleged violation of the right to be heard in court is probably the most frequent ground for challenging arbitral awards in […]
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 […]