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5 February 2021 |
Anastasia Cheredova for CEE Legal Matters magazine: Sanctions-Related Amendments in Russian Commercial Procedure
As of June 19, 2020, Russian arbitrazh (commercial) courts have exclusive jurisdiction to hear certain cases related to “anti-Russian” sanctions. Affected legal entities and individuals may also apply for anti-suit injunctions in an attempt to prevent counterparties from pursuing claims abroad. Recent cases show that these new entitlements are not as favorable as once thought.
Anastasia Cheredova, Head of Special Projects, VEGAS LEX, has described the exclusive jurisdiction over two categories of sanctional cases, newly applied anti-suit injunctions and several examples of recent cases involving claims for exclusive jurisdiction. Read the full version of the article in the magazine: Market Snapshot: Sanctions-Related Amendments in Russian Commercial Procedure  |
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