Litigation and dispute resolution: Russian to London
In recent years, it seems that alongside having the yacht and buying a Mayfair property, the latest must-do activity for billionaire Russians and their businesses has been to participate in complex legal disputes in London through either international arbitration or litigation in the Royal Courts of Justice. This raises the question of whether this is a temporary fad or part of a long-term trend. There is no doubt that the London legal landscape, including both the High Court and London Court of International Arbitration (LCIA), has always been popular for the resolution of disputes involving parties and/or interests from abroad and, in particular, from the CIS states, including Russia. Research into figures from both courts appear to show a positive trend in terms of an increase in Russian-related disputes over time.
Russian cases being litigated in London tripled between 2008 and 2009. White & Case’s David Goldberg, Artem Doudko and Mohamed Mahayni ask whether this is a temporary fad or a long-term trend
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