Features Inherent to Law Regulation of Arbitrage in Russian and the USA

This article is devoted to the study of principal features inherent to law regulation of arbitrage in Russia and the USA, which has been performed in the light of a wide-scale reform of arbitrage courts in Russia. The article is based on a comparative law analysis of the main provisions from FZ «About arbitrage (arbitration) in the Russian Federation» and Uniform Arbitration Act (UAA and RUAA), from Zakon «About international commercial arbitrage» and Federal Arbitration Act (FAA). In the conclusion there are certain measures suggested, which aim is the further improvement of arbitration in Russia