New Design and Amended Arbitration Rules

Gerard David

The Judgement of Cambyses, 1498

Important News from the Arbitration Center at the Institute of Modern Arbitration

New website of the Arbitration Center

We are happy to welcome you at the new website of the Arbitration Center at the Institute of Modern Arbitration! As you may have already noticed, we enhanced the design and made the website more user-friendly and informative.

Everything that is new shall stand the test of time. Thus, if you have noticed any drawbacks at the website or you have any comments as to its functioning or contents, please, inform us via e-mail at info@centerarbitr.ru. Your feedback would be very important and helpful for us.

Amendments to the Arbitration Rules 2017

On 20 September 2017, the Arbitration Center adopted the amendments to the Arbitration Rules 2017. The updated version is available here.

Among the most important amendments to the Arbitration Rules 2017 – significant reduction of the arbitration fees, calculated at the ad valorem rate, for the domestic disputes.

Below you can find the comparison of the arbitration fees according to the previous and the updated version of the Arbitration Rules 2017:

Amount of Claim

(RUB)

Arbitration fee before the amendments

(RUB)

Arbitration fee after the amendments

(RUB)

500 000 90 000

60 000

1 500 000 190 000

105 000

5 000 000 487 500

168 000

10 000 000 837 500

213 000

30 000 000 1 587 500

900 000

50 000 000 1 937 500

1 250 000

100 000 000 2 512 500 1 900 000
500 000 000 3 712 500

3 380 000

1 000 000 000 4 512 500

4 180 000

5 000 000 000 10 912 500

10 000 000

10 000 000 000 18 912 500

10 000 000

 

Arbitration fees for international arbitration and corporate disputes remain unchanged.

Arbitration Rules 2017 are applicable as effective at the date of commencement of arbitration.

It implies that the new arbitration fees for domestic disputes will apply to all future arbitrations, even those arising out of arbitration clauses concluded before 20 September 2017.

See also:

Modern Arbitration: LIVE – official launch of the new project on 24 October 2017

Long awaited relaunch of the Russian Arbitration Day