The Russian Supreme Court has refused a bid seeking reconsideration of Case No. А40-211260/2024, in which the motion for enforcement of a domestic arbitral award was granted despite the debtor’s argument that enforcement would violate public policy, as the assignment agreement—the basis of the claim before the tribunal—allegedly breached Russian counter-sanctions measures under the Russian Presidential decrees.
ProArbitration.Ru
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ProArbitration.Ru The Russian counter-sanctions measures and enforcement of arbitral awards. As of today, multiple cases—either adjudicated or pending before various levels of Russian courts—illustrate differing impacts of counter-sanctions measures on arbitral awards. In…