On December 29, 2015, the President of the Russian Federation signed a new federal law “On Arbitration (Arbitration Proceedings) in the Russian Federation” together with related amendments to the Law “On International Commercial Arbitration” and amendments to the Arbitrazh Procedure and Civil Procedure Codes. The new laws establish uniform rules on the arbitrability of civil law disputes and the requirements for the submission of corporate disputes to arbitration. With the exception of amendments that allow entering into arbitration agreements in relation to corporate disputes, which will apply beginning on February 1, 2017, these laws will enter into force on September 1, 2016. The linked alert memorandum summarizes the key provisions of the new rules with respect to arbitrability of disputes.
