Russian court declines to hear claim of major state-owned bank because of existence of arbitration agreement (Commercial Court of St Petersburg and the Leningrad Region)
In Case No A56-24289/2025, the Commercial Court of St Petersburg and the Leningrad Region (the Russian court) declined to hear the claim of the PJSC VTB Bank (VTB) against JPMorgan Chase Bank, NA (JPM) because of the existence of a valid and enforceable arbitration agreement. Authors: Maxim Kulkov (Managing partner) and Anna Domnikova (Junior associate), […]