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24/01/2019
On 26 December 2018, the Presidium of the Supreme Court of the Russian Federation approved a review of court practices for cases related to assisting and controlling domestic and international commercial arbitration courts.
The review clarifies topical issues related to domestic and international commercial arbitration, including highly relevant issues such as model arbitration clauses, alternative arbitration clauses and the resolution of state disputes in arbitration.
The Supreme Court’s explanations all supported arbitration proceedings as an alternative method for resolving commercial disputes, and the decisions taken on most of the controversial issues addressed in the review make arbitration attractive.
Please find below the Japanese version of the update.
English version is available here.