📌 Once again, Russian counter-sanctions do not obstruct the enforcement of arbitral awards in Russia.

In case А32-25587/2024, a foreign company from the Netherlands 🇳🇱 sought to enforce an arbitral award issued against a Russian company. The seat of arbitration was in Russia 🇷🇺.

A court of first instance refused to enforce the award. The court, inter alia, referred to Russian counter-sanctions measures as grounds to deny enforcement.

A court of cassation disagrees with the lower court's approach.

⚖️ The court of cassation emphasizes:

(1) there are exhaustive grounds for refusing enforcement of arbitral awards with its seat in Russia; and

(2) Russian counter-sanctions measures do not constitute a barrier to the enforcement of arbitral awards in Russia.

Thus, by its decision dated January 27, 2025, the court of cassation revoked the ruling of the court of first instance; the case is to be reconsidered (decision in case А32-25587/2024 of 27 January 2025). #Netherlands

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