The Ministry of Justice proposes to expand the powers of arbitration courts (non-governmental judicial bodies) resolving disputes under economic and business contracts between legal entities. The department wants to introduce a mechanism for the compulsory execution of interim measures adopted by arbitration courts, as well as to establish a rule on the compulsory execution of their decisions without a preliminary court hearing. The relevant amendments to the Arbitration Procedure Code (APC) are posted on the federal portal of draft regulations.
Andrei Gusev, Senior Partner at Nordic Star, comments: Business has a demand for faster, more transparent and convenient procedures for resolving commercial disputes; the proposed changes will help bring the domestic system closer to international standards.
For the successful implementation of the reform, it is important to provide additional guarantees for the quality of judicial review, he warns. For example, to improve the qualifications of judges who will make decisions without preliminary hearings, and to establish clear standards for electronic interaction between courts and arbitration institutions
The full version of the commentary is available at the link.