Sanctions against Russia. Recent developments.

On 22 February 2022 Russian President Vladimir Putin signed laws ratifying agreements with the Donetsk and Luhansk People’s Republics (DNR and LNR) recognizing them as independent states. On 24 February 2022 President Putin announced a “special military operation” in Ukraine. Sanctions were adopted against Russia further to these actions of Russia (please see our previous […]

Monthly legal update – April/May 2022

Russian counter measures : recent developments (update May 3, 2022)

Today, the President signed a new order introducing certain restrictions on transactions involving sanctioned persons. The order does not provide for a list of such targeted persons – the Government is to prepare a list within ten days. Moreover, Russia proposed several legal initiatives countering introduced sanctions. Such initiatives include criminal liability for compliance with […]

Russian counter measures. Recent developments (13 April updates)

The initial legal initiative on external administration of the foreign companies (also known as the “nationalization draft law”) has been put on hold, according to an information published on 11 April 2022 by Izvestia. 1 Three sources in the Government confirmed that, “since most of the companies only made declarations of suspension or suspended their […]

Russian counter measures. Recent developments (7 April updates)

Russia has adopted a number of measures in response to sanctions introduced by the US, EU and other states. The measures are mainly established in the presidential and governmental decrees, as well as certain legal initiatives (please refer to Legal Alerts dated 2 March and 11 March for more information on the previously introduced measures). […]

Sanctions against Russia, recent developments (updated 22 march)

On 22 February 2022 Russian President Vladimir Putin signed laws ratifying agreements with the Donetsk and Luhansk People’s Republics (DNR and LNR) recognizing them as independent states. On 24 February 2022 President Putin announced a “special military operation” in Ukraine. Sanctions were adopted against Russia further to these actions of Russia (please see our legal […]

Monthly legal update – March 2022

Sommaire : The program of the evacuation of enterprises from the war zones to western Ukraine The extension of deadlines for submission of tax, financial and other reports Organization of employment relations during martial law Amendments to the tax code of Ukraine Certain issues of state registration during martial law On guaranteeing protection of the […]

Russian counter measures. Recent developments – 03/10/2022

Russia has adopted three rounds of measures in response to sanctions introduced by the US, EU and other states. The measures are mainly established in the presidential decrees, particularly, Decree No. 95 dated 5 March 2022 “On Temporary Procedure for the Discharge of Obligations Towards Certain Foreign Creditors” (please refer to Legal Alert dated 2 […]

Sanctions against Russia: recent development (March 2nd updates)

On 22 February 2022 Russian President Vladimir Putin signed laws ratifying agreements with the Donetsk and Luhansk People’s Republics (DNR and LNR) recognizing them as independent states. On 24 February 2022 President Putin announced a “special military operation” in Ukraine. Sanctions were adopted against Russia further to these actions of Russia (please see our legal […]

Sanctions against Russia: recent developments (Februrary 28th updates)

On 22 February 2022 Russian President Vladimir Putin signed laws ratifying agreements with the Donetsk and Luhansk People’s Republics (DNR and LNR) recognizing them as independent states. Sanctions were adopted against Russia further to these actions of Russian President (please see our legal alert on sanctions dated 24 February 2022). Sanctions described below are a […]

Sanctions against Russia: recent developments – 02/24/2022

On 22 February 2022 Russian President Vladimir Putin signed laws ratifying agreements with the  Donetsk and Luhansk People’s Republics (DNR and LNR) recognizing them as independent  states. Sanctions below were adopted before President Putin announced a “special military operation” in Ukraine on 24 February 2022. We are actively following the developments related to those issues […]

[FLASH NEWS] Commercial leases: when is an exclusively upward indexation clause divisible?

By a decision of January 12, 2022 n°21-11.169, the 3rd civil chamber of the Court of Cassation consolidates its jurisprudence on indexation clauses deemed not written. The Supreme Court thus considers that the mention of the determining and essential character of the indexation clause in the lessor’s consent is not sufficient to pronounce its indivisibility. […]