Russia’s media watchdog has blocked professional networking website LinkedIn after the company was found to have violated a law requiring websites to store Russian users’ data on domestic servers.
The Tagansky District Court has published its exceptional decision in the case of Roskomnadzor (the Russian supervisory authority for telecommunications, information technology, and the media) vs the LinkedIn Corporation. The court ruled that the company’s activity in Russia was in breach of Russian legislation on personal data. The Moscow City Court in its resolution as per November 10, 2016 did not overturn the decision: LinkedIn.com has been blocked in Russia.
How The Lawyer European Awards’ Russia, Ukraine and CIS shortlisted ﬁrms are driving innovation in their markets | The Lawyer CIS report
The Lawyer European Awards’ Russia, Ukraine and CIS shortlisted ﬁrms this year are in expansion mode. This report explores the varying strategies that have won acclaim from the ﬁrms’ peers in Europe.
This article provides an overview of key concepts of economic analysis of corporate law.
In September 2016, the Antimonopoly Committee of Ukraine (the “AMC”) handed down a significant decision holding a major global pharmaceutical company and its four Ukrainian distributors liable for uncompetitive conduct that resulted in overcharging for drugs in Ukrainian public tenders.
Review of Federal Law No. 218-FL “On the State Registration of Real Estate” | Anton Alekseev, AEB Real Estate Monitor 3/2016
Federal law No. 218-FL “On the State Registration of Real Estate” dated 13 July 2015 unifies the currently existing State Real Estate Cadaster (GKN) and Unified Register of Rights to Real Estate and Transactions Therewith (EGRP) into one Unified State Register of Real Estate (EGRN). The law entails the enactment of more than 30 regulations which will enter into force in 2017. Although Law No. 218-FL in many ways continues and combines the approaches of the previous legislation and court practice, both the authorities, courts, developers and holders of real estate will need some time to get used to the new provisions.
Construction 2017 published by the Getting the Deal Through provides expert local insight into the field of construction law in different jurisdictions worldwide, covering such areas as: joint ventures, foreign penetration of the local market and licensing procedures, labour requirements, local labour law and health and safety regulation, construction contracts, insurance, contracting with government entities, bribery and foreign corruption, force majeure and acts of God, dispute resolution mechanisms, international environmental law, international bilateral treaties and currency controls.
Egorov Puginsky Afanasiev & Partners Ukraine team successfully defended interests of one of the world’s largest pharmaceutical companies in a dispute with the State Intellectual Property Service of Ukraine (Patent office) on extension of patent term for medical product for of additional three years over standard 20 years’ term.
Private antitrust litigation in Russian Federation: overview | Denis Gavrilov, Evgeny Bolshakov, Maria Krychkova, Igor Gavrilov; Practical Law Global Guides
The Q&A provides a high level overview of the legal basis for bringing private antitrust litigation actions; parties to an action; limitation periods and forum; standard of proof and liability; costs and timing; pre-trial applications and hearings; alternative dispute resolution; settlement or discontinuance of an action; proceedings at trial; available defences; available remedies; appeals and proposed legislative reform.
Laws, regulations and the law itself might be viewed from economic analysis of law standpoint as a type of any non-material goods, thus there is a demand for, and supply of, law.
Denis Gavrilov became the author of the Russia chapter of the Edition.
On 31 May 2016, Ukrainian Parliament passed a law to significantly simplify the market access for certain categories of medicinal products. In particular, the law introduces a streamlined registration (marketing authorization) process for any drugs already authorized by competent authorities of (i) the U.S., Switzerland, Japan, Australia, Canada and (ii) the EU under centralized authorization procedure, in each case for use in relevant countries. Such registration is to be performed within 17 business days and involve a limited documentation check, without a full-scale local review of the registration dossier. The law entered into effect on 19 June 2016. However, bringing it to life still requires approval of a number of by-laws that are being developed by the Ministry of Health of Ukraine. When implemented, simplified registration procedures are expected to reduce the market entry barriers for international pharmaceutical business.
Expanding of Merger Rules on JV Agreements in Russia | Anna Numerova and Elena Kazak, International Antitrust Bulletin by ABA Section of Antitrust Law
The most recent amendments to the Russian Competition Law, called the Fourth Antimonopoly Package, became effective January 6, 2016. Among other developments, the Fourth Antimonopoly Package brought joint venture (JV) agreements under mandatory merger control clearance procedures.
According to a new Russian law, legal entities have to obtain and keep information on their beneficial owners, and to renew this information on a regular basis (at least once a year)
Russia hopes that Islamic banks will help make up for a deficit in international finance caused by sanctions.