Is Enforcement of Arbitral Awards a Problem in Russia?
Article from: TDM 3 (2012), in Russian and CIS Arbitration Network (RCAN) Supplement
Introduction
Despite a certain scepticism on the part of the international arbitration community, Russia is not terra incognita when it comes to international arbitration. The first arbitration institution - the Foreign Trade Arbitration Commission (FTAC), predecessor to the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation ("ICAC") - was established in the USSR back in 1932. Russia is a long-standing party to major international conventions and treaties in the area of international arbitration. The USSR ratified the 1958 New York ...