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ARBITRATION PROBLEMS IN THE RUSSIAN FEDERATION: JUDICIAL CONTROL AND ENGLISH LAW. THE VIEW OF A PRACTICAL

ARBITRATION PROBLEMS IN THE RUSSIAN FEDERATION:
JUDICIAL CONTROL AND ENGLISH LAW.
THE VIEW OF A PRACTICAL

Yu.E. MONASTYRSKY,
Doctor of Legal Sciences,
Co-creator of the Grateful Alumni of International Law Faculty
Foundation of MGIMO University

https://doi.org/10.24031/2226-0781-2021-11-1-191-207

This article sets out the author’s vision of the role, reasons for ineffective interaction between
arbitration and the judicial system in the Russian Federation. It provides relevant eloquent
statistics, reveals the essence of the negative factor affecting the national market of legal
services. The article argues the thoughts and recommendations for correcting the current
situation. In 2016, there was an arbitration reform in the Russian Federation, with the
objective of creating the arbitration centers corresponding to the world standards, not in
a declarative order, as before, but in a permissive procedure. More than two thousand
centers were removed from the market, most of which did not act on an independent
basis, but as a tool in corporate wars or administrative subordination within holdings or
groups of companies. The five new arbitration centers that have received certification have
good potential for the development of arbitration in the Russian Federation. However,
the number of disputes heard by these arbitration courts is extremely small. It is 0.1% of
all civil cases of an economic nature, considered by state courts. The reason for this is the
crusty way of thinking of judges, who still do not trust arbitration, and the rigidity of our
judicial system. This article attempts to provide information on the English law products
and its influence. Critical judgments are expressed about the merits of English law in
disputes related to Russian assets.

Keywords: court; arbitration; legal market; damages; assistance; English law.

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Information about the author

Yu.E. Monastyrsky (Moscow, Russia) – Doctor of Legal Sciences, Co-creator of the
Grateful Alumni of International Law Faculty Foundation of MGIMO University
(33 Universitetskaia St., Sevastopol, 299053, Russia; e-mail: [email protected]).

Recommended citation

Monastyrsky Yu.E. Problemy arbitrazha v Rossii: sudebnyi kontrol’ i angliiskoe pravo.
Vzgliad praktika [Arbitration Problems in the Russian Federation: Judicial Control and
English Law. The View of a Practical]. Vestnik grazhdanskogo protsessa – Herald of Civil
Procedure, 2021, vol. 11, no. 1, pp. 191–207. (In Russ.) https://doi.org/10.24031/2226-
0781-2021-11-1-191-207

Yu.E. MONASTYRSKY