Quinn Emanuel Urquhart & Sullivan, LLP (JD Supra Russia)
US Outlook: Focus on Force Majeure in the Wake of Coronavirus and the Russia-Saudi Arabia Oil Price War
The U.S. oil industry is facing the dual shockwaves of falling demand and increased supply as a result of global efforts to slow the spread of the novel coronavirus (COVID-19) combined with an oil price war driven by Russia and Saudi Arabia. Major airlines are canceling thousands of flights due to international travel bans, demand from China has dropped dramatically, domestic fuel sales have...
Russia’s Recently Enacted Anti-Bribery Laws
In January 2013, the Russian government amended the anti-corruption reforms that were first put into place in December 2008. These measures represent unprecedented activity in Russia’s battle with corruption and achieve a high degree of parity with other prominent national anti-corruption laws. Further clarity and predictability will be provided through the course of enforcement, but it is...
December 2013: Russian Litigation Update
Russian Courts on Anti-Suit Injunctions. More than a year ago Anton Ivanov, the Chairman of the Supreme Arbitrazh Court, openly criticized foreign anti-suit injunctions affecting Russian proceedings as an example of “unfair competition” between judicial systems. In this context, it is interesting to consider the approach adopted in Russian case law to foreign anti-suit injunctions and to...
July 2013: Russia Litigation Update - Case Study: Russian Courts Adopt Practical, Less Formalistic Analysis of Activities of Foreign Entities in Russia
In two recent cases, the Presidium of the Supreme Arbitrazh Court of the Russian Federation (the “Presidium”) addressed important issues concerning activities of representative offices of foreign companies in Russia and disclosure of beneficial owners of offshore companies.
March 2013: Russia Litigation Update
Jurisdictional conflicts between courts of different countries are an unavoidable consequence of developed global trade. This has led to an increase in multi-national forum shopping. Some Russian courts however, view the adjudication of Russian-related disputes in foreign courts as a direct threat to Russian state sovereignty.
September 2012: Russia Litigation Update
Overview: Dispute resolution through international arbitration is rapidly developing in Russia, although not quite at the pace set by the leading international arbitration centers of Europe, such as London, Paris, and Stockholm. All the basic pieces are in place: the Russian Federation is a party to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, the 196