Can Employment Contracts Stipulate Dispute Jurisdiction?

Goltsblat BLP advises that Ruling No.75-KG17-4 of the Supreme Court of the Russian Federation (the “Ruling”) held that employment contract clauses may not restrict employees’ rights to go to court at their place of registration.

October saw enactment of significant amendments to the labour legislation (for more detail see our Legal Update No.579 dated 19 September 2016), including crucial new provisions of the Russian Civil Procedure Code regarding jurisdiction over labour disputes. Labour disputes used to be referred to […]

By |November 8th, 2017|

USA: Congress Kills CFPB’s Arbitration Ban For Financial Services Companies

On Tuesday, October 24, 2017, the Senate voted to nullify the Consumer Financial Protection Bureau’s (“CFPB”) arbitration rule (the “Rule”) in a 51-50 vote. Only two Republicans voted against the measure – Lindsey Graham (SC) and John Kennedy (LA). President Trump praised the vote, saying that he will sign the resolution when it reaches his desk. The Senate vote ensures that the arbitration Rule will not take effect.

On July 10, 2017, the CFPB issued […]

By |November 6th, 2017|

Argentina’s Arbitration Legal Reform: Steps In The Right Direction?

Argentina is arguably one of the countries with the most untapped economic potential worldwide. Argentina’s government, led by President Mauricio Macri, is trying to change that. Together with undertaking economic and political reforms aiming at stimulating private investment, the Argentine government is pushing for an exhaustive legal reform. This reform includes revising its outdated arbitration legal framework as, it is often said that, an arbitration-friendly regime is regarded as crucial for foreign investors.

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By |November 3rd, 2017|