Posted by Mikhail Bychikhin and Veronika Demidova on 9 June 2020
Tagged to sanctions

On 8 June 2020, the Russian President signed a law introducing to the Russian Arbitrazh Procedure Code provisions that have an effect on disputes:

  • with Russian and foreign entities and individuals subject to foreign sanctions, i.e. if one of the parties to the dispute is eg a US specially designated national or EU blacklisted person (jointly – Blacklisted Persons); and
  • arising out of sanctions against Russian Blacklisted Persons (Law).

Click here to read our full update. 

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