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Russian Appetite for Local Arbitration Remains Low, For Now, Law360

August 08, 2019

Morgan Lewis partner Dmitry Ivanov was interviewed by Law360 about Russia’s decision to allow Hong Kong– and Vienna–based arbitral institutions to administer certain arbitration proceedings in Russia. Dmitry discussed the potential benefits for companies. "This not only broadens the scope of the types of disputes that can be arbitrated, but also ensures that any arbitral award coming out of such a dispute is enforceable in Russia," Dmitry said in the article. "This could be appealing from a risk perspective to a foreign company with operations in Russia—especially where its Russian counterparty has no assets, or at least easily attachable ones, outside Russia."

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