Articles and studies

The award is in hand, and the debtor’s assets have been found in Russia but the debtor is a foreign company. Could the debtor’s address abroad be an obstacle to enforcing a foreign arbitral award or court judgment? And would a Russian court be prepared to take into account any type of asset owned by […]

What happens when a single contract becomes the subject of two arbitration proceedings in different countries? Can an arbitral tribunal stay its proceedings in favour of an earlier-commenced arbitration if Russian law does not expressly regulate the application of the lis pendens doctrine? These questions are explored by Maxim Kulkov, Managing Partner of KK&P Trial […]

The exposure of assets, both those of foreign companies themselves and of their connected persons, is growing, and withdrawal from the Russian market and the “sanctions shield” are no longer adequate protection on their own. In the first article of a three-part series for Global Restructuring Review, Nikolay Pokryshkin, KK&P Partner, Head of Insolvency, and […]

In 2022, VTB was blocked from exercising control over its German subsidiary OWH (formerly known as VTB Bank Europe), and the Russian bank launched Russian court proceedings to collect €112 million it says is owed by OWH as a settlement payment under an agreement terminating their relationship. Saying it could not pay due to EU sanctions, […]

KK&P Trial Lawyers Senior Associate Luiza Movsisyan co-authored an article with Dmitry Vlasov entitled Commercial secrecy and confidentiality regimes in Russian law – a test-drive by the High Court in the AutoStore v Ocado robots war patent dispute – which has been published in The Company Lawyer. The article considers the Russian law regulation of […]

Previously, Russian courts firmly held the position that foreign companies’ insolvency was only possible in their home jurisdiction. However, in 2022 the investment climate in Russia changed and thorough protection of foreign investments was no longer required. Instead, the need for effective mechanisms to seize foreigners’ assets in Russia has increased. On February, the Russian […]

Maxim Kulkov (Managing Partner) and Nikita Chernyshenko (Associate), KK&P This article discusses the decisions of the Russian courts in Case No А32-47144/2022, which refused recognition and enforcement of a LCIA arbitral award, issued in favour of a party from a jurisdiction that had imposed sanctions on Russia. In refusing to recognise the award, the Russian […]

KK&P Trial Lawyers senior associates Dmitry Vlasov and Dmitry Ilin have written a series of two articles – Russian Tort Law in the Eyes of the English Courts – which have been published in The Company Lawyer. The articles consider application of Russian tort law by English courts in commercial fraud cases, they touch upon […]

The recognition and enforcement of foreign arbitral awards in Russia is frequently in the focus of international law firms, third-party financers and users. With the detailed information that the book provides, practitioners will be able to understand how judicial developments in the covered jurisdictions have impacted the enforceability of arbitral awards, and how parties can […]