Opportunities and Obstacles of Proactive Contracting for Russian Business
The most notable obstacles for proactive contracting are rigid law and strict business/contracting practices. In the Russian market, these obstacles are both exceptionally strong. Russian contract law is more rigid than its Western counterparts’, especially compared with Nordic contract law. The reason for this is that Russian academic lawyers, who drafted the Civil Code, seem to regard rigid legal rules as means of protecting contracting parties and courts offering protection.