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Articles contributed by FBK Legal
The discovery process in Russia. Will the new era come?
According to the official statistics of the Supreme Arbitration Court of the Russian Federation (SAC) in 2011, Russian arbitration courts tried 1 675 cases involving foreign parties, 463 court orders of foreign courts were executed. 198 out of the total number of cases related to international commercial transactions, 6 - to administration of Russian legislation on foreign investments. In addition, arbitration courts tried 110 petitions on application of injunctions, filed by foreign parties1.
Public-Private Partnerships in Russia: A Time to Change
There was a milestone event in Saint-Petersburg in the beginning of 2012. A school offering general education for 285 students was opened in the city on the river Neva. It is the first public facility to be constructed by investors under a public-private partnership (PPP). The key feature of using a PPP to build social infrastructure is that the investor is responsible for construction and the subsequent operation of the facility for the period laid down in the agreement. However, this type of cooperation in Russia is still quite rare.