Until recently, investors were not generally restricted in selling their (participatory) equity interests in Russian limited liability companies (LLCs). However, Russian President Vladimir Putin issued Decree No. 618,...more
Following previously adopted restrictions on payments of dividends in joint stock companies, Decree No. 254 requires that any dividend payment from a limited liability company to its foreign participant connected with an...more
The Russian parliament urgently passed a new law on 14 March that amends the Federal Law on Joint Stock Companies (the JSC Law) to allow shareholder meetings in 2020 to be conducted by absentee voting if the agenda includes...more
3/17/2020
/ Absentee Voting ,
China ,
Coronavirus/COVID-19 ,
Crisis Management ,
Emergency Management Plans ,
Infectious Diseases ,
Joint Stock Companies ,
Limited Liability Company (LLC) ,
New Legislation ,
Public Health ,
Russia ,
Shareholder Meetings ,
Shareholder Votes
The new rules, which take effect on 1 January 2017, will apply to both limited liability and stock companies.
Russia recently changed the laws governing the approval of certain corporate actions....more