Practices
Industries

Winding-up a Company in Russia During Sanctions. Summary Guide

15 March 2022

Currently, a great number of western companies declare the winding-up or suspension of their business activity in Russia. For many counterparties, which render services, perform works, or supply materials and goods to these companies (clients or a buyers), their winding-up inevitably leads to permanent or temporary ceasing of operations in the territory of the Russian Federation and, as a consequence, minimizing the associated costs of the Russian legal entity – at least for the next several months.

Foreign insurance organizations will be able to establish their branches on the territory of the Russian Federation

06 August 2021

On August 22, 2021, Federal Law No. 343-FZ dated 02.07.2021 "On Amendments to the Law of the Russian Federation "On the Organization of Insurance Business in the Russian Federation" and Certain Legislative Acts of the Russian Federation" ("Law") comes into force. This regulatory act is aimed at fulfilling Russia's obligations to the WTO on the admission of branches of foreign insurers to the territory of the Russian Federation.

14 Practices, 13 Lawyers and "Lawyer of the Year" Award – Lidings Recognized by Best Lawyers 2022

10 June 2021

Best Lawyers, an international legal directory annually identifying the most prominent lawyers around the world by analyzing their professional skills and achievements during the year, once again lists Lidings’ experts among the best lawyers in Russia.