A recent Russian Supreme Court decision appears to have
been markedly hostile to international arbitration. In Dredging
and Maritime Management SA v AO InzhTransStroy, the court
found that an arbitration agreement that appears to have been based
in whole or in part on the ICC's own model clause was
defective, and that the resultant award should not be recognised or
enforced.
Such has been the concern over this that on 12 November 2018 the
president of the ICC Court took the rare step of writing to the
chairman of the Russian Supreme Court asking for an explanation.
But just a few days later, on 21 November 2018, the Russian
Arbitration Association published an important year-long study of
all Russian court decisions over the past 10 years that related to
the New York Convention, concluding that: "Russian courts are
arbitration friendly – in various years, 80 to 97% of all
[recognition and enforcement] applications were granted".