Economic Justice: Pathways to Improvement

In light of new economic challenges, it is crucial to adjust current legal mechanisms to allow them to better protect participants in civil transactions when there is a violation or contestation of rights. Going to court remains the main way a party can protect their rights. However, the current arbitration process was designed for a different economic and social context. As a result, there are some contradictions when it comes to fast-developing economic relations. It is therefore necessary to objectively evaluate justice in the economic sphere. Consideration needs to be given to how effectively it can currently protect the rights and legitimate interests of individuals engaged in entrepreneurial or other economic activity. Protection of the rights and legitimate interests of the Russian Federation and other public legal entities also needs to come under the spotlight. How competitive is economic justice and arbitration in Russia? What prospects exist for Russia’s judicial system to further develop in relation to arbitration proceedings? What challenges need to be addressed by the EAEU Court and the supreme courts of Eurasian Economic Union member states? How effective have interim measures been in economic justice today? What have been the outcomes of reform in arbitration? What key issues need to be addressed in relation to resolving disputes involving parties subject to restrictive measures? Is it necessary to rethink and further improve current legislation in relation to prosecutors in arbitration processes?