Evgeniya Rubinina explores the recent decision allowing sanctioned Russian parties to walk away from arbitration agreements for the Kluwer Arbitration blog

Published: 28/1/2022

As previously reported, in mid-2020, changes were enacted to the Russian Arbitrazh (Commercial) Procedure Code (“APC”) to establish the exclusive jurisdiction of Russian Arbitrazh courts over cases where a Russian party is subject to sanctions or where the dispute has arisen out of sanctions.

This triggered concerns that sanctioned Russian parties would be able to easily avoid arbitration clauses they had entered into.

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