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Amendments to Insolvency Law

In December 2014, amendments were introduced to the Federal Law “On Insolvency (Bankruptcy)” No. 127-FZ, dated 26 October 2002 (“Insolvency Law”). This alert analyses some of the amendments that are of crucial importance to...more

Special Update on Amendments to Legislation Relating to Foreign Investments into Strategic Sectors in Russia

On 4 November 2014 the Russian President signed Federal Law ? 343-FZ to amend the Law on foreign investments into strategic sectors (the “Law”)1 and certain other legislative acts. The amendments entered into force on...more

Regulating buyout financial leasing based on the credit model: Clarifications provided by the Plenum of the Russian Supreme...

This alert analyses key changes in the regulation of buyout financial leasing, as adopted by the Plenum of the Supreme Commercial Court of the Russian Federation (the “SSC”) in its Resolution No. 17, dated 14 March 2014, “On...more

Accrual and Payment of Interest on Creditors’ Claims in Insolvency: The Plenary Session of the Russian Supreme Commercial Court...

This issue considers the most important provisions of the resolution adopted at the Plenary Session of the Supreme Commercial Court of the Russian Federation (the “SCC”) No. 88, dated 6 December 2013, “On Accrual and Payment...more

Invalidity of Transactions with a Flaw in Will

On 10 December 2013 the Presidium of the Supreme Commercial Court (the “Presidium”) issued Information Letter No. 162 with an overview of court practice on the application of Articles 178 and 179 of the Russian Civil Code...more

The subsequent FAS notification requirement under the Competition Law has been abolished.

On 28 December 2013 the President signed Federal Law No. 423-FZ, amending Federal Law No. 135-FZ “On the Protection of Competition” dated 26 July 2006 (the “Competition Law”). The amendment will enter into force on 30 January...more

Civil Code Reform: Rules on Conflict of Laws

On 30 September 2013, the President signed Federal Law No. 260-FZ amending Part III of the Civil Code of the Russian Federation. The Law is the sixth set of amendments to the Russian Civil Code within the civil law...more

Challenging transactions made by debtors in anticipation of insolvency: the Plenary Session of the Russian Supreme Commercial...

This issue reviews the most important recent changes to the regime of challenging transactions made by debtors in anticipation of insolvency. These changes were introduced in the Resolution adopted at the Plenary Session of...more

Interest Rate Swap Agreements: Draft Information Letter of the Russian Supreme Commercial Court

This alert discusses the recently published Draft Information Letter of the Presidium of the Russian Federation Supreme Commercial Court (the “SCC”) entitled “Dispute Resolution Issues Arising out of Interest Rate Swap...more

10/18/2013  /  Interest Rates , Russia , SCC , Swaps

Position of the Supreme Commercial Court of the Russian Federation concerning denial of recognition and enforcement of foreign...

On 27 December 2012, a Resolution of the Presidium of the Supreme Commercial Court of the Russian Federation (the “Supreme Commercial Court”) No. 7805/12, dated 23 October 2012, (the “Resolution”) was published. The...more

Russian Federation Supreme Commercial Court’s Review of Issues Arising in Cases Involving Foreign Parties

This alert analyses the most important legal positions adopted by the Presidium of the Russian Federation Supreme Commercial Court (the “SCC”) in its recently published Review of certain issues arising in commercial courts’...more

8/15/2013  /  Foreign Nationals , Russia , SCC

Guidelines of the Federal Antimonopoly Service

In this alert we discuss the Guidelines on the Procedure and Technique of Analysis of Joint Venture Agreements Containing Non-Compete Clauses which were approved by the Presidium of the Federal Antimonopoly Service (FAS of...more

Special Alert: The SCC Resolution on offshore entities' disclosure of beneficial owners

In a special alert circulated in April this year, we provided an overview of a ruling of the Supreme Commercial Court of the Russian Federation (“SCC”) dated 9 January 2013 No. 14828/12 on case No. A40-82045/11 (the “Ruling”)...more

Court practice on credit obligations of individuals

On 22 May 2013 the Presidium of the Supreme Court of the Russian Federation (the “Supreme Court”) approved an overview of court practice in cases concerning the performance of credit obligations by individuals (the...more

Russian Federation Supreme Commercial Court’s Review of the Application by the Russian Courts of the Public Policy Defense

This alert analyzes the legal positions taken by the Presidium of the Russian Federation Supreme Commercial Court (“SCC”) in its recently published review of commercial court practice in cases concerning the application of...more

Client Insight: SCC Resolution on offshore entities' disclosure of beneficial owners

This alert examines a recent resolution of the Presidium of the Supreme Commercial Court of the Russian Federation (“SCC”) dated 26 March 2013 No. 14828/12 on case No. ?40-82045/11 (the “Resolution”). The Resolution addresses...more

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