The BGP Litigation Dispute Resolution Practice Team took part in the preparation of the new Global arbitration review (GAR) dedicated to arbitration disputes.
International and domestic arbitration has never been a mainstream tool to resolve disputes in Russia. However, after major reforms that happened in 2015–2016 Russian arbitration was given a second life. Despite the fact that the Russian arbitration community embraced the reform with mixed receptions, one cannot deny the constant alterations.
This chapter describes the legal framework for arbitration in Russia and underlines the main changes of the past year. It underpins the core structure for arbitration in Russia and explains the key principles. Upon reading this chapter, one might assume that it is premature to characterise Russia as a fully arbitrationfriendly place. However, several domestic arbitration institutions are constantly reforming and improving their arbitration rules to attract international players.
The article was prepared by partner Alexander Vaneev, counsel Maxim Kuzmin and paralegal Nikita Sinitsin.
Follow the link to read the article and GAR official website for the full review.