Practices
Industries

The Supreme Court of the Russian Federation has clarified the controversial issues related to the surety contract

16 February 2021

The Supreme court has amended the regulation of pledges, established by the Supreme Arbitration Court of the Russian Federation earlier. The Decree of the Plenum of the Supreme Court No. 45 "On some issues of dispute resolution connected to pledge" dated 24.12.2020 (hereinafter – DPSC No. 45) derogates the Decree of the Plenum dated 12.07.2012 No. 42 (hereinafter – DPSAC No. 42) and resolves main problems raised in connection with the reform of this institute in 2015.

New rules for retail trade

09 February 2021

Starting from the beginning of 2021, new rules for the retail sale of goods (the “Rules”) entered into force. The Rules will be valid until January 1, 2027. The Rules are developed within the framework of the regulatory guillotine and replace a few previously existing documents (rules for retail trade, rules for distance selling of goods, rules for commission trading).

02 September 2020

The work discusses key legal aspects of establishing business presence in Russia, providing an overview of existing forms of doing business, as well as specific recommendations on choosing of optimal form of entity, issues of corporate governance and ongoing management, foreign investment, thin capitalization, migration issues of employing expatriates and currency control regulation issues. Authors of the guide emphasize the latest amendments of the Civil legislation of the Russian Federation, particularly regulations on legal entities. This material may be of practical interest for businessmen of all levels, planning to enter the Russian market, as it contains answers on key questions the potential investors may have in the course of choosing a legal form for doing business in Russia.

The publication was prepared by members of Lidings’ corporate and M&A team as part of a joint project initiated by the International Lawyers Network.


Changes in the Federal law “On the procedure for foreign investment in economic companies of strategic importance for national defense and state security”

31 August 2020

Starting from August 11, 2020, amendments to the Federal law “On the procedure for foreign investment in economic companies of strategic importance for national defense and state security” (“Law”) have come into force, strengthening state control over transactions of foreign investors or a group of persons in respect of shares of companies of strategic importance for national defense and state security (“Company”).