The Supreme Commercial Court of the Russian Federation (the "SCC") has ruled to transfer a case to the Presidium of the SCC on recognising and executing a ruling of the Arbitration Institute of the Stockholm Chamber of Commerce.

For more information on the SSC's ruling on the recovery of "liquidated damages", please read the CMS Client Alert of September 2011

[Ruling No. VAS-1795/2011 of the Supreme Commercial Court of the Russian Federation, dated 25 April 2011]