Russian Exodus Puts Companies On Shaky Legal Ground

By Caroline Simson (May 27, 2022, 8:50 PM EDT) -- The recent unprecedented withdrawal of companies from Russia has been hailed by the court of public opinion as the morally correct choice, but experts say it's unlikely that arbitral tribunals adjudicating the expected avalanche of resulting contract disputes will put much weight on ethics.

According to a database maintained by the Yale School of Management, nearly 1,000 companies have voluntarily curtailed operations in Russia to some degree beyond the minimum legally required by international sanctions. These companies fled Russia after the country invaded Ukraine in February, citing widespread deaths and the destruction of Ukrainian cities.

Many have stated their moral opposition...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!