Practices
Industries
Jurisdictions

First introduction of cramdown in Russian Bankruptcy

25 June 2020

In addition to recent measures supporting the economy and preventing spread of COVID-19 a new law No. 166-FZ dated 8 June, 2020 «On amendments to certain legislative acts of the Russian Federation with a view to taking urgent measures aimed at ensuring sustainable economic development and preventing the consequences of the spread of a novel coronavirus infection» was adopted (hereinafter referred to as Law no. 166). Law No. 166 amended regulations provided by the Bankruptcy law with several novels.

Experimenting on electronic employment document flow. Updated

22 June 2020

On May 5, 2020, a law comes into force that establishes the procedure for experimenting on the use of employment in electronic form without their duplicating on paper documents by certain employers and employees. More detailed rules for experimenting will be set out in the regulations on conducting the experiment, which must be approved by the Russian Ministry of Labor.

Explanations of the Constitutional court regarding the conclusion of fixed-term employment contracts with persons who are employed to perform certain work

08 June 2020

In its recent Ruling, the Russian Constitutional court clarified the provisions of the Labor Code regarding the conclusion of a fixed-term employment contract with persons who are employed to perform certain work when the date of completion of work cannot be determined by a specific date (paragraph 8, part 1 of article 59 of the Labor Code).

Online sales of medicines are allowed

29 May 2020

The State Duma of the Russian Federation adopted the Law1 in the third reading which provides the opportunity to require early termination of leases for tenants affected by the deteriorating economic situation resulting from the spread of a new coronavirus infection. The final version of the Law in this part has undergone multiple fundamental changes.

Russia’s Supreme Court provides second set of recommendations on case handling in the light of COVID-19

08 May 2020

On April 30, 2020, The Presidium of the Supreme Court of the Russian Federation (hereinafter referred to as “the SC”) adopted the Review on certain matters of judicial practice related to the application of legislation and measures to combat the spread of the novel coronavirus infection (COVID-19) No. 2 (hereinafter “Review”). The release of the second review was known in advance: it was reported on the official website of the SC, and after the release of the first review many unresolved issues remained.