Practical Law: Russian Supreme Court dismisses application to set aside an arbitral award against a state funded entity on public policy grounds (an update by Maxim Kulkov and Alexandra Chilikova)
A Russian employer, Zvesdny Hotel JSC, (the Employer) brought a claim before the International Commercial Arbitration Court at the Chamber of Commerce and Industry of the Russian Federation (the ICAC) against a Hungarian contractor, Polus TFC LLC, (Contractor) arising under an agreement for the construction of a hotel in Sochi for the Olympic games. After […]