Abstract

Starting in 2020, due to the introduction of the following two new provisions under Russian law related to disputes involving sanctioned parties, international arbitration in Russia is facing significant challenges which we will discuss in this paper. First, Russian courts received powers to establish jurisdiction over disputes involving sanctioned parties, where otherwise such disputes would have been considered by foreign courts or arbitral tribunals seated abroad (Article 248.1 of the Arbitrazh (Commercial) Procedure Code). Second, Russian courts obtained a new tool - an injunction ...