Russian Supreme Court upholds setting aside of award for violating principles of fairness and proportionality, and basis of liability for damages
Maxim Kulkov (Managing Partner), Olga Kokoz (Senior Associate), KK&P In Case No. А40-46243/2019, the Russian Supreme Court agreed with the lower courts in setting aside an arbitration award on the merits, finding that the principle of fairness, and the culpable nature of liability, had been violated. It also held that the amount of damages […]