Trade Disputes in Russia
- Arbitration is carried out by specialized courts, including for international cases.
- Arbitration Law
"On International Commercial Arbitration"
"On the Arbitration Courts in the Russian Federation"
- Conformity to International Commercial Arbitration Rules
Party to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
- Appointment of Arbitrators
They are permanent judges specialized in commercial disputes.
According to its importance, a case may be judged by just one judge or by the presiding judge and associated judges. There is always an odd number of judges and the decision is taken by simple majority.
- Arbitration Procedure
A commercial dispute may be taken to arbitration if the civil court declines jurisdiction or if the 2 parties have signed a contract expressing their common decision to appeal to this system.
The rules of procedure are simple. The system has 4 levels: 85 Courts of subjects of the Federation (first instance), 20 Arbitration appellate Courts, 10 Federal district arbitration Courts (courts of cassation), and finally, the Supreme Arbitration Court. The arbitration decision can be appealed and possibly lodged with the Supreme Court of Appeal.
Consult the Russian Arbitration Court website for further information.
- Permanent Arbitration Bodies
Supreme Arbitration Court (Sectors Covered: Commercial, personal property, real estate)
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