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Arbitrazh courts: the long road back from Yukos

Overview

The Putin administration has given high priority to judicial reform, including Russia's commercial ('arbitrazh') courts. This shows an understanding that dependable enforcement of contract and fair dispute resolution are essential for the investment climate and the country's overall modernisation. But the arbitrazh courts were tarnished by the Yukos affair. As our trusted source argues from her excellent professional vantage point, that reputational damage is hard to repair. But...

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