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Lidings sponsors the 2013 Moscow Dispute Resolution Conference held by the ABA

Lidings will act as sponsor at the ABA’s fifth annual conference on the resolution of CIS-related business disputes. The conference will be held on 27 September 2013 at the Radisson Royal hotel in Moscow. It will bring together leading experts in the field of international arbitration and dispute resolution from a wide range of jurisdictions worldwide.

For several years the ABA conference creates a unique platform for communication between lawyers from many countries. The list of key speakers includes Russian and American judicial authorities, arbitrators of international arbitration institutions, legal experts representing prominent Russian and international law firms, and in-house corporate counsels.

Partner and Head of Dispute Resolution practice at Lidings Andrey Zelenin will chair the conference session entitled “Getting Paid: a Practical Session for Creditors and their Counsel”. In this panel Russian and international experts will discuss how the collection process works in Russia, ways to raise its efficiency and the particularities of the procedure in regards to various types of debtor’s property, such as real estate, securities, and receivables.

Partners of leading law firms from Russia, Ukraine, and the UK will be speaking at the session together with a representative of the Russian Association of Corporate Collection. According to the statistics of the Federal Judicial Bailiffs Service in 2012 about 1.5 million of over 5 million total execution proceedings against legal entities have ended with no result in Russia, while the overall collectability rate was less than 20% of the actual amount sought.

“Winning an arbitration or a court case is usually not enough to get the money or other relief from the debtor”, comments Andrey Zelenin. “In fact it’s only the beginning of a lengthy and a challenging process of execution of court judgments and collecting debts. In Russia this process can be particularly painful. In this session we will discuss current situation in the country and welcome our colleagues from other jurisdictions to share their best practice”.

The conference will be followed by an evening reception at Spaso House, the residence of American ambassadors in Moscow since the establishment of diplomatic relations between the United States and the former Soviet Union in 1933.

For more information about the conference please visit the official website.

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