Damage to Russian Federation and Russian Central Bank Will Be Compensated at the Expense of Property of US and Related Persons

24 May 2024

On 23 May 2024 Russian President signed the Decree № 442 “On the Special Procedure for Compensation of Damage Caused to the Russian Federation and the Central Bank of the Russian Federation in Connection with Unfriendly Actions of the United States of America” (hereinafter – the “Decree”).

The Decree introduces a special procedure for compensation of damages caused to Russian Federation or Central Bank of Russian Federation (hereinafter – “Russian rightholders”) due to unfriendly actions of the US. 

Government Commission Will Coordinate Transactions on the Alienation of Intellectual Property of Rightholders from Unfriendly Countries

22 May 2024

Earlier we reported on the fact that the Ministry of Industry and Trade of Russia has developed a draft by-law extending a special procedure for the execution of transactions to transactions involving intellectual property objects.

This legislative initiative has been developed. On 20 May the Decree of the Russian President No. 430 “On the Temporary Procedure for Acquiring the Exclusive Rights of Certain Copyright Holders and Fulfilling Monetary Obligations to Certain Foreign Creditors and Persons Controlled by Them” (hereinafter referred to as the “Decree”) was signed and came into force.

The Russian Federation Has Created a Unified State Register of Advocates

24 April 2024

On 22 April 2024 the President of the Russian Federation signed Federal Law No. 83-FZ dated 22 April 2024 «On Amendments to the Federal Law “On Advocacy and Advocacy in the Russian Federation”» (hereinafter - Federal Law No. 83).

The main change was the creation of the Unified State Register of Advocates (hereinafter - the “Register”) – a federal information resource containing information on all advocates of the Russian Federation, as well as on applicants who failed the qualification examination. Federal Law No. 83 authorizes the Ministry of Justice of the Russian Federation to maintain the Register and determine the procedure and composition of the information to be included in the Register.

Natalya Thotahewage, Counsel in Lidings Life Sciences Industry Practice, Spoke at Largest Ophthalmology Conference

22 April 2024

On April 19, Moscow hosted the largest conference in the field of ophthalmology “Ophthalmology 360°. Health care, marketing, digitalization, law", which brought together leading industry experts: practicing ophthalmologists, representatives of regulatory bodies in the field of health care, specialists in the field of medical law and marketing.

The Russian Government Рas Сlarified the Procedure for Issuing Compulsory Licenses

12 April 2024
On 4 April 2024 the Resolution of the Government of the Russian Federation dated 27 March 2024 No. 380 “On the Sub-commission on the Use of Inventions, Utility Models and Industrial Designs to Ensure Economic Security of the Russian Federation under the Government Commission on Economic Development and Integration” (the “Resolution”) came into force. The Resolution approved the Regulations on the Sub-Commission on the Utilization of Patent Rights Objects (“Regulations”), as well as the rules for preparation by the Sub-Commission of decisions on the uses of such objects with payment of commensurate reimbursement to their right holders (“Rules”).