The Constitution provides for creation of two systems of courts: federal courts and courts of subunits of the Russian Federation. Today both systems are functioning...
by Ilya Nikiforov, managing partner of EPA&P St.Petersburg office
The basic document of the Russian joint-stock legislation is the RF Federal law On Joint-Stock Companies of 26 December 1995 with latest amendments from 6 April 2004 (hereinafter “the law On Joint-Stock Companies”). Considerable amendments to this Law have been also introduced in 2001...
by Ilya Nikiforov, managing partner of EPA&P St.Petersburg office
Elections, the independence of the courts and a high-profile furniture scandal converged Monday, as a Moscow City Court judge accused the Prosecutor General's Office of pressuring the court to issue rulings in its favor.
Russian approach to immunity of the state agencies has not been crystallized yet. There are two aspects to this problem: (i) immunity of Russian public entities in foreign courts and status of their extraterritorial assets and (ii) standing of foreign public entities and international organizations in Russian courts...
by Ilya Nikiforov, magaging partner of EPA&P's St.Petersburg office
Since inauguration of Russia’s first bankruptcy law in early 1990-ies, insolvency procedures where routinely used as an instrument of hostile takeovers. Provisions of than-current Bankruptcy law that effectively restricted the right of debtors to appeal decisions of courts on interim issues in the course of bankruptcy proceedings were even held unconstitutional (and thus void) by the Constitutional Court of the Russian Federation...
During last twenty years there has been a rapid development of financial institutions that can be classified as Islamic in that they do not deal in interest-based transactions...
By Igor Serebriakov, EPA&P senior lawyer
Dmitry Afanasyev, a member of the board of the Russian-American Council for Business Cooperation and a lawyer with EPAM law firm, believes that Russia stands to gain in economic terms if it takes part in a worldwide antiterrorist operation...
The recently established Russian-American business cooperation council intends to promote actively the interests of the Russian companies on the U.S. market, a member of the Council executive board Dmitry Afanasyev assured Itar-Tass. He represented the organisation at a conference of Russian and American business leaders here...
Avisma lawyers (Berezniki Titanium-Magnesium Producing Plant),who initiated legal procedure in the USA against the well known entrepreneur K.Dart, suspect him of illegal transferring the yields from exporting titanium through the banks of New York...
The Federal Commission for Securities and Stock Markets under the Government of Russia ("Russian SEC") has become more active in regulating the securities markets in Russia, which confirms the trend to follow the American rather than European pattern of regulatory system. In its new role, the Russian SEC gradually takes away some control over securities regulation from the traditional regulatory bodies: the Ministry of Finance and the Central Bank.
The Federal Bureau of Investigation has reported that Philadelphia resident Dimitry Afanasiev, an attorney at Wolf, Block, Schorr and Solis-Cohen, provided vital assistance to the Bureau in their efforts to crack an international kidnapping case...
Dmitry Afanasiev's time in the United States has been filled with international drama and professional success. After helping resolve a kidnapping case in Russia, he has started his own firm advising Russians and Americans on how to do business with each other...
When Russian lawyer Dimitry Afanasiev, 23, came to the U.S. in 1990 to earn a master's of law at the University of Pennsylvania Law School, he never dreamed that two years later he would be working with the FBI and Russia's Agency of Federal Security to spring a couple from the clutches of Russian extortionists...
That's what a 23-year-old Russian associate at Philadelphia's Wolf, Block, Schorr and Solis-Cohen was able to tap when called upon to help free an Australian couple kidnapped on Jan. 8 in Moscow by disgruntled business associates...
A Melbourne businessman and his wife have survived a week-long kidnap ordeal in Moscow in an amazing rescue tale involving international spy organisations...