On March 26, 2020, the Ministry of Labour published recommendations to workers and employers in connection with the Decree of the President of the Russian Federation dated March 25, 2020 No. 206 "On the Announcement of Non-Working Days in the Russian Federation."
The spread of coronavirus infection has led to a number of measures taken by states, aimed at restricting movement and business meetings. The number of countries and cities that introduced restrictions, includes places where the largest arbitration centers are located: Hong Kong, Singapore, Paris, Milan, London, Zurich.
As the pandemic spreads, and states adopt restrictive measures, companies will become unable to fulfill their contractual obligations. Under such circumstances, applicability of force majeure rules in each case becomes of paramount importance. It is important to make correct legal qualification from the very outset, and to take all the necessary steps in order to subsequently be able to refer to force majeure, including the collection of evidence in case of a subsequent dispute.
Protecting shareholders from coronavirus: annual meetings of shareholders in 2020 can be held in absentia
On March 18, 2020, Federal Law No. 50-FZ “On the acquisition by the Government of the Russian Federation of ordinary shares of the PJSC Sberbank of Russia from the Central Bank of the Russian Federation and on the recognition of certain provisions of the legislative acts of the Russian Federation” (hereinafter - the Law No. 50-FZ) was published.
The spread of coronavuirus (COVID-19), as well as the introduction of a broad range of restrictive measures to contain it, will have a negative impact on many sectors of the Russian economy. How will this situation affect taxpayers' obligations in relation to making mandatory payments to the budget? Further considering the restrictive measures and the fact that most employees will start working remotely, will there be a change to the overall interaction between taxpayers and tax authorities?
The rapid of spread of coronavirus will have an adverse effect on a braod range of businesses. Government bodies of the Russian Federation have announced a number of operational measures, aimed at reducing business risks in the context of the global coronavirus pandemic.
The Climate Change Law: Global Guide was developed to help in-house counsel understand relevant policies, measures and legislation related to climate change regimes in more than 30 jurisdictions around the world. Partner, Head of European Desk at Egorov Puginsky Afanasiev & Partners Ilona Zekely authored the Guide overview on Russia.
Practice Issues of Foreign Investments Filing in Russia | Anna Numerova and Elena Kazak for International Antitrust Bulletin by ABA Antitrust Law Section
The regulation of foreign investments in Russia has become more stringent in recent years. A number of amendments have been introduced to the laws providing the legal regulatory framework for foreign investments in Russia, namely to both the Strategic Investments Law and the Foreign Investments Law.
Evidential value of forensic examination in arbitrazh proceedings. Legal aspects of the expert report assessment and the possibility of its critical perception | Vera Rikhterman and Vladimir Rodionov
This article explores, using arbitrazh proceedings as an example, causes and effects of attaching special evidentiary significance to forensic examination findings due primarily to strictly prescribed procedural form of how research is to be conducted and that an expert is able to provide explanations on the questions that a court is unable to answer on its own.
For Evgeny Raschevsky of Egorov Puginsky Afanasiev & Partners–Russia’s 2020 “Law Firm of the Year” winner in Arbitration & Mediation–the changing landscape of global trade, international arbitration, and emerging technology startups has put their extensive worldwide knowledge to the test. In an interview with Best Lawyers CEO Phillip Greer, Raschevsky discusses how the firm’s working relationships allow them to adapt to different arbitration venues, the complexities of cross-border trade, and how dispute resolution is rapidly shifting.
Data Protection in the Financial Sector Guidance Note – Russia | by Pavel Sadovsky and Roman Malovitsky
Head of Intellectual Property / TMT Practice Pavel Sadovsky and Counsel of Banking & Finance , Capital Markets Practice Roman Malovitsky reviews the legal basis of data processing and its practical application in the financial sector.
The Lex Mundi Global Data Privacy Guide draws on the expertise of network member firms and is a simple yet concise tool for clients who are looking to learn more about key data protection concepts and issues around the world. The guide includes an overview of the legislation in each jurisdiction along with the key data protection provisions.