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The Supreme Court prepared large-scale amendments to the Commercial Procedure Code of the Russian Federation

In the opinion of Attorney, Head of Litigation and International Arbitration at ART DE LEX Artur Zurabian, it is no secret that parties to commercial agreements prefer to provide for dispute settlement at the Commercial Court of the city of Moscow or at Commercial Court of Moscow Region. «To a much lower extent, entrepreneurs change forum legale for the Commercial Court of Saint-Petersburg and Leningrad Region. This approach may be explained by understanding of the metropolitan administration of justice as more accessible (well-developed legal services market in the region, territorial accessibility of courts) and more competent (vast practice on complex disputes, less dependence on regional authorities and companies). At the same time, regardless of partial substantiation of this approach, transfer to metropolitan regions of disputes that are key for business and the most complicated in terms of factual knowledge and legal matters results in growth of already high load on the judiciary system of these regions. It is intended to preserve the possibility of contractual determination of the arbitration court for resolution of disputes with participation of foreign persons», - he noted.

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