The Standard ICC Arbitration Clause – Invalid In Russia?

The Standard ICC Arbitration Clause - Invalid in Russia

DLA Piper review the decision of the Russian Supreme Court on 26 September 2018 in Case number 305-ЭС18-11934 (decision in Russian) rejecting the recognition and enforcement of an ICC arbitral award in the Dredging and Maritime Management SA v. InjTransStroy AO dispute. The Supreme Court upheld the argument of the respondent that the arbitration clause did not refer to the ICC International Court of Arbitration and therefore the ICC lacked competence.

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About Phillip Rompotis

Phillip practices as a barrister and arbitrator in Hong Kong. He has over 25 years’ litigation and arbitration experience in commercial disputes relating to construction & engineering, financial services, joint venture & shareholders agreements, technology, trusts, property and landlord & tenant. He is a Fellow of the Chartered Institute of Arbitrators, the Singapore Institute of Arbitrators, the Malaysian Institute of Arbitrators, and a member of various lists/panels of arbitrators.

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