Abstract
The modern court system in Russia emerged as an outcome of the Great Judicial Reform of 1864. International commercial arbitration played an important role in settling disputes between Russian and foreign commercial entities. The leading arbitration institutions in Russia, the International Commercial Arbitration Court (MKAS) and the Russian Maritime Arbitration Commission (MAK), both attached to the Chamber of Commerce and Industry of the Russian Federation, date back to the 1930s and have a fairly good track record in settling international commercial disputes. In the area of commercial law, the Procuracy is important in that: it is empowered to bring an action in court in civil and commercial cases, and it may trigger the supervisory procedure in such cases. Legal profession includes senior officers of the police, espionage and counter-espionage, and the head or experts in the legal department of central and local administrative agencies, trade unions and enterprises.Keywords: commercial law; International Commercial Arbitration Court (MKAS); international commercial disputes; local administrative agencies; Russian arbitration institutions; Russian Maritime Arbitration Commission (MAK); trade unions
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