Economic Sanctions, Commercial Contracts and International Arbitration – Hamburg, April 14, 2016

Rechtsstandort HamburgEconomic sanctions are a hot topic, in particular, but by no means only in relation to Russia. Rechtsstandort Hamburg, an initiative promoting Hamburg as an international legal venue, is takling the issues that arise at the intersection of sanctions, contracts and arbitration at an event on April 14, 2016. My Hamburg partner Christoph Stumpf will be one of the speakers. Klick here for further information.

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New German Judgment on Recognition of Russian Judgments

My earlier posts on Russian matters (here, and here, for example) have attracted more comments, in particular in LinkedIn fora, than any other topics covered in this blog. So I guess that readers will be interested to learn that Michael Wietzorek has just published a case note, on the CIS Arbitration Blog, on a  recent decision by the Augsburg District Court (Landgericht) declaring a Russian judgment enforceable in Germany.

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Russia and England: Resolving Jurisdictional Disputes

My posts on Russia and the Russian arbitrazh courts were the ones that attracted the most comments, both here and in some LinkedIn groups. As discussed in the context the reciprocity requirement, there are few German cases on Russian judgments, and vice versa. From a jurisdictional perspective, and thanks mainly to litigious oligarchs attracted to the High Court in London, Russia and England are a much more fertile pair. In the Law Society Gazette, Raymond Cox QC and his co-authors review the case law that has evolved in England and Russia on jurisdictional issues in this bi-lateral relationship.

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Recognition of Russian Judgments, Arbitrazh Courts and the Requirement for Reciprocity

Earlier this month, I had written about  the Russian Arbitrazh court’s judgment before the Munich Court of Appeals (Oberlandesgericht) – the Munich court held that a Russian Arbitrazh Court is not an arbitral tribunal, and its judgment can not be recognized as an arbitral award under the New York Convention. The question then was asked whether in the alternative, the judgment of the Aribtrazh Court could have been recognized in Germany as a judgment of a state court. My short answer was that it could not, for lack of reciprocity. But the status quo has now been challenged. Continue reading

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