Author: William R. Spiegelberger*
Published: May 2018
| Jurisdictions: Asia Europe Russia International |
Topics: Enforcement of Arbitral Awards |
Description: In 2017, the enforcement rate of foreign arbitral awards in Russia fell to 77% from a historical average over the previous four years of 92%, and the public policy defense made a comeback, responsible for thwarting enforcement in 86% of the cases where enforcement was denied. This report examines those cases, other lower-court cases of denied enforcement, and all the relevant cases heard by the Supreme Court of the Russian Federation (“SCRF”) in 2017.
*William R. Spiegelberger is a lawyer admitted to practice in the State of New York with a J.D. degree from Columbia Law School. He is a member of the National Advisory Council of the Harriman Institute at Columbia University in New York and of the Supervisory Board of Strabag SE, an Austrian construction company. From 2007 through 2017, he was Director of the International Practice Department at Rusal Global Management B.V. in Moscow, responsible for the corporate group’s major litigations and arbitrations outside the Commonwealth of Independent States.