arbitration in russia challenges and opportunities roman zykov

© Russian Arbitration Association

Arbitration in RussiaChallenges and Opportunities

Roman ZykovSecretary General, Russian Arbitration Association

Vilnius, November 21-22, 2013

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Contents

• Legal environment • Present state of affairs• Developments• Russian Arbitration Association

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Legislation

• The New York Convention 1958• European Convention 1961• Moscow Convention 1972• Optional Arbitration Clause 1977 • 71 BITs• UNCITRAL Model Law 1985

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Present

• Uniform application of Law• Broader arbitrability• Interim measures by state court• Optional forum clauses – invalid • No court’s review on merits• Improvement in enforcement (3 year limit)

5


Arbitrability

• Any commercial matter• Real Estate - ok• Corporate

– SPA - ok– SHA - ?

• Bankruptcy - no• Competition - no

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Russian disputes abroad

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Russian element in the ICC


Please indicate your preferences with regard to the cities listed below if negotiating the place for arbitration

ICC Russia Survey “Russia as Place for Arbitration”

Russian respondents

1.98

2.08

2.26

2.54

2.95

3.23

3.30

3.55

3.59

3.70

3.71

0 1 2 3 4 5

Singapore (11)

Hong Kong (10)

Dubai (9)

New York (8)

St. Petersburg (7)

Vienna (6)

Geneva (5)

Moscow (4)

London (3)

Stockholm (2)

Paris (1)

foreign respondents

2.85

2.88

3.00

3.20

3.21

3.77

3.88

3.92

4.14

4.14

4.39

0 1 2 3 4 5

St. Petersburg (11)

Hong Kong (10)

Dubai (9)

New York (8)

Moscow (7)

Singapore (6)

Geneva (5)

Stockholm (4)

London (3)

Vienna (2)

Paris (1)

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Russian Arbitration Association

• Founded in 2013• 50 founding law firms • Non-governmental• Non-profit

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1 A&T Lawyers2 AKP Consulting3 Allen & Overy4 ALRUD5 Astapov & Partners6 Baker & McKenzie7 Bartolius8 BEITEN BURGHARDT9 Clifford Chance CIS Ltd

10 Debevoise & Plimpton11 Dechert Russia12 Engarde13 FBK Pravo14 Freshfields Bruckhaus15 Hogan Lovells CIS16 Injurservice17 IPEG18 Kachkin & Partners19 Kalikova Associates20 Khrenov & partners21 Knyazev & Partners22 Koblev & Partners23 Korelsky, Itschuk, Astafiev and Partners24 Lidings25 Makarov Legal Bureau

26 MENA Chambers sprl

27 Monastyrsky, Zyuba and Stepanov & Partners

28 Morgan Lewis International LLC

29 Moris Group

30 MOTIEKA & AUDZEVICIUS

31 Muranov, Chernyakov & Partners

32 Nektorov, Saveliev & Partners

33 Norton Rose Fulbright (Central Europe) LLP

34 Ost Legal

35 Pepelyaev Group

36 Prime Advice

37 Quinn Emanuel Urquhart & Sullivan

38 RBL Law Firm

39 Revera Consulting Group

40 Sabev & Partners

41 Sayenko, Kharenko

42 SG Global Advice L.L.P

43 Squire Sanders

44 Stephenson & Harwood LLP

45 Sysuev, Bondar & Khraputski

46 Vegas-Lex

47 Westside Advisors

48 White & Case

49 Yakovlev & Partners

50 Yukov & Partners


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BOARD OF THE RUSSIAN ARBITRATION ASSOCIATION


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Vladimir Khvalei Timur AitkulovTatiana Slipachuk

Noah Rubins David GoldbergIlya Nikiforov


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Vasily RudominoAlevtina Kamelkova Alexander Khraputsky

Yuri Monastyrsky Andrey LobodaLoboda, Filimonov

and partners


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ARBITRATORS NOMINATING COMMITTEE


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Alexei DudkoEkaterina KobrinTamara E. Abova Sergey N. Lebedev

Galina Zukova

Gleb SevastianovTreteisky Sud Journal

Francesca Albert

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RAA objectives

• Dispute resolution services in CIS– Domestic – International

• Arbitrators’ database • Improvement of legislation• Education • Knowledge database

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RAA Dispute Resolution

• Administering disputes under the UNCITRAL Arbitration rules

• Acting as appointing authority • On-line arbitration for small claims• Arbitrator’s database


The functions of the RAA• Appointing authority

– Appointment of arbitrators on default of party– Selection of chairman or sole arbitrator– Adjudication of challenges to arbitrators

• Administrative authority– Maintenance and disbursement of advances– Review and certification of awards– Custody of case documents

• Prospective administrative activities– Further administrative support to tribunal– Hearing organization and logistics

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RAA as appointing authority

• The Nominating Committee and its functions• The arbitrator database and arbitrator

qualifications• Procedure for procuring appointment of co-

arbitrator by RAA• Procedure for procuring appointment of sole

arbitrator or chairman by RAA• Arbitrator challenge and replacement

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RAA as administrative authority

Current administrative activities• Management of costs and advances• Procedure for scrutiny and certification of final

awardsProspective administrative activities• Custody of the case file• Secretarial and other administrative support• Organization of hearings

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Arbitration Costs ($)

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1,000,001 5,000,001 10,000,001 100,000,000

24,480

43,680

59,680

146,080

61094

132348

170798

313798

47492

96629

124351

238075

31500

64500

93750

221000

ICAC ICC SCC RAA


Arbitrator’s fee ($)

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1,000,001 5,000,001 10,000,001 100,000,000

734413104

17904

4670439378

87334

113284

214584

31513

68835

90254

181772

24500

52500

81250

196000

ICAC ICC SCC RAA


Administrative fee ($)

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1,000,001 5,000,001 10,000,001 100,000,000

17136

30576

41776

99376

21715

45015

57515

99215

15979

27794

34097

56303

700012000 12500

25000

ICAC ICC SCC RAA


Arbitration Costs: breakdown

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ICAC ICC SCC RAA ICAC ICC SCC RAA ICAC ICC SCC RAA ICAC ICC SCC RAA1,000,001 5,000,001 10,000,001 100,000,000

Administrative expenses Average arbitrator's fees

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Thank you!

Roman Zykov Secretary General Russian Arbitration Association

[email protected] www.arbitrations.ru

arbitration in russia challenges and opportunities roman zykov

Documents

en arbitration

optional arbitration

european convention

moscow convention

bitsuncitral model law

new york convention

abova sergey

chernyakov partners32nektorov