Russia 21 April 1994 Arbitration proceeding 61/1993
[Cite as: http://cisgw3.law.pace.edu/cases/940421r1.html]
Primary source(s) of information for case presentation: Michael R. Will
DATE OF DECISIONS:
JURISDICTION:
TRIBUNAL:
JUDGE(S):
CASE NUMBER/DOCKET NUMBER: 61/1993
CASE NAME:
CASE HISTORY: Unavailable
SELLER'S COUNTRY: Unavailable
BUYER'S COUNTRY: Unavailable
GOODS INVOLVED: Unavailable
APPLICATION OF CISG: Yes
APPLICABLE CISG PROVISIONS AND ISSUES
Key CISG provisions at issues: Articles
Classification of issues using UNCITRAL classification code numbers:
Descriptors:
CITATIONS TO ABSTRACTS OF DECISION
(a) UNCITRAL abstract: Unavailable
(b) Other abstracts
Unavailable
CITATIONS TO TEXT OF DECISION
Original language (Russian): Unavailable
Translation: Unavailable
CITATIONS TO COMMENTS ON DECISION
English: Djakhongir Saidov Saidov, 7 Vindobona Journal of International Commercial Law and Arbitration (1/2003) 1-62 at n.197 ("[T]he claimant demanded damages in the form of a difference in the exchange rate caused by the fact that the government of its country had substantially raised the rate of the national currency in relation to the US dollars which were the contract currency. As a result, the return of an advance payment in US dollars by the respondent to the claimant caused the claimant loss in a national currency. The Tribunal held that the change in the internal rate of a national currency against US dollars is a creditor's domestic affair and rejected the claim."); CISG-AC advisory opinion on Calculation of Damages under CISG Article 74 [Spring 2006] n.43 (related cases cited in addendum to opinion)
Russian: Rozenberg, Kontrakt mezhdunarodnoj kupli-prodazhi. Sovremennaja praktika zaklijutchenija. Razreshenie sporov [International Sales Contracts], Mezhdunarodnyj centr finansovo-ekonomitcheskogo razvitija, Moscow [19961] 61, 88; Rozenberg, Kontrakt [19962] 63, 85; Rozenberg, Kontrakt [19983] 65-66, 87