State Commercial (‘Arbitration’) Court for the Moscow circuit: parties may set a special procedure for exercising their right to withdraw from a contract
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Law firm Pepeliaev Group advises that Commercial Court for the Moscow Circuit has issued a decision in which it upheld the argument of Thomson Reuters (Markets) SA, a client of Pepeliaev Group, that the provisions of a fee-based contract for information services were lawful and bound the customer when stipulating that the contract terminated 12 months after the customer gave notice of its withdrawal from the contract.
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