Judicial Collegium for civil cases of the Supreme Court of the Russian Federation consisting of
the Chairman G.V. Manohina the Judges A.M. Maslov and V.N. Pirozhkov heard in a session on 20 March, 1997 a petition of X (an Italian company) requesting enforcement on the territory of the Russian Federation of the foreign arbitral award regarding the private complaint of Y (a Russian JSC) against the ruling of the Vladimir Region Court of 17 January 1997.
Having heard the report of the RF Supreme Court judge A.M. Maslov and Y’s representative – Mr. Y, who supported the arguments of the complaint, and the representative of X – Mr. D, who requested that the ruling remain unchanged, the Judicial Collegium for civil cases of the Supreme Court
HAS ESTABLISHED THE FOLLOWING:
In 1993-1994 X (Italy) and Y (Vladimir Region, Russian federation) entered into four contracts regarding sales of various goods. During the performance of the mentioned contracts disputes occurred and G filed a request for arbitration with the Arbitration Institute of the Stockholm Chamber of Commerce in order to resolve the disputes. Y submitted a counterclaim.