The withdrawal of Western companies from Russia in the wake of the war in Ukraine has garnered a lot of attention. But the process does not take place overnight, and many foreign companies that have operated in Russia face...more
12/16/2022
/ Acquisitions ,
Best Practices ,
Economic Sanctions ,
EU ,
Exit Transactions ,
Export Controls ,
Foreign Investment ,
Investment ,
Jurisdiction ,
Russia ,
UK ,
Ukraine
On December 31, 2019, the French government issued decree nº 2019-1590 (the 2019 Decree), together with an administrative order of the same date (the Order), that comprehensively reshaped French foreign investment rules (as...more
In our first update on the implications of COVID 19 in relation to the Russian market, we consider:
- contract implications, including:
- the need for a detailed review of essential contracts; and
- virtual signings...more
4/3/2020
/ Acquisitions ,
Annual Meeting ,
Anti-Monopoly ,
Breach of Contract ,
Capital Markets ,
Contract Disputes ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
Foreign Investment ,
Merger Controls ,
Mergers ,
Nonperformance ,
Publicly-Traded Companies ,
Russia ,
Shareholder Meetings ,
Virtual Meetings
The geopolitical environment continues to drive reform of foreign investment rules in Europe, with government proposals clarifying and tightening such rules in the interest of national security. Recent foreign state-backed...more
1/18/2019
/ Anti-Monopoly ,
CFIUS ,
Critical Infrastructure Sectors ,
EU ,
European Economic Area (EEA) ,
Foreign Acquisitions ,
Foreign Investment ,
France ,
Germany ,
Member State ,
Merger Controls ,
National Security ,
Russia ,
State-Owned Enterprises ,
Strategic Enterprise Laws ,
UK
Strategic Enterprises Law
In July 2017, the Russian Strategic Enterprises Law (SEL) was amended to provide that the rules that restrict the acquisition of certain interests in Russian strategic enterprises by a foreign...more
The Russian government has adopted rules setting out the procedure for preliminary review by the Russian prime minister of transactions entered into by foreign investors with respect to Russian legal entities before the...more
Despite a year of continued global political uncertainty and increasing enforcement, shareholder activism and foreign investment control activity, the 2018 outlook for Europe is positive overall. Skadden partners in the U.K.,...more
1/26/2018
/ Acquisitions ,
Anti-Corruption ,
Antitrust Injuries ,
BaFin ,
Capital Markets ,
Cartels ,
Competition ,
Criminal Prosecution ,
Cybersecurity ,
Deferred Prosecution Agreements ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
European Commission ,
Executive Compensation ,
Foreign Investment ,
France ,
Fraud ,
Germany ,
Merger Controls ,
Mergers ,
Minority Shareholders ,
Money Laundering ,
National Security ,
Private Equity ,
Russia ,
Sapin II ,
Securities ,
Serious Fraud Office (SFO) ,
Shareholder Activism ,
Shareholder Votes ,
Takeover Code ,
Trump Administration ,
UK ,
UK Bribery Act ,
UK Criminal Finances Act 2017 ,
Virtual Currency ,
White Collar Crimes
Amendments in July 2017 to Russian foreign investment laws have resulted in a significant tightening of control over transactions involving (including investments in) Russian companies by foreign investors...more
On January 15, 2016, the Stock Exchange of Hong Kong Limited (HKEx) published its Country Guide on Russia and placed Russia on its list of “acceptable jurisdictions,” formally signifying that Hong Kong’s sole regulated stock...more
1/23/2016
/ Audits ,
Bank of Russia ,
Board of Directors ,
Corporate Issuers ,
Foreign Investment ,
Hong Kong ,
Hong Kong Stock Exchange ,
Memorandum of Understanding ,
Remuneration ,
Russia ,
Shareholder Rights