Ukrainian businesses largely opt to submit disputes to the International Commercial Arbitration Court (ICAC) at both the Ukrainian and Russian Chambers of Commerce and Industry. This has a great deal to do with the geographical location of these institutions, the language used in their proceedings and their associated costs in relation to other arbitral institutions. […]
Introduction When bankruptcy proceedings are opened against a Ukraine-registered debtor company, a register of creditors’ claims must be formed in order to decide on debt repayments. If a creditor does not file an application for entry into the register, its claim will be considered discharged. To be entered into the register, the creditor’s claim must […]
GAR: The president of the Supreme Arbitrazh Court of the Russian Federation, Anton Ivanov, has told a conference in St Petersburg that the Russian courts should be granted powers to set aside foreign court judgments and international arbitration awards that prejudice interests of Russian parties.