Russia has adopted a series of new measures. Namely, the President and the Government introduced new measures that mainly facilitate operations involving foreign currency. Laws on legalization of parallel importation and on additional powers of the President became effective. Certain legal initiatives were rejected or put on hold. Specifically, the review of the draft law […]
Paris, Desk Russia, Central Asia and Caucasus
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 […]
Desk Russia, Central Asia and Caucasus
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 […]
Paris, Desk Russia, Central Asia and Caucasus
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 […]
Desk Russia, Central Asia and Caucasus
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). […]
Desk Russia, Central Asia and Caucasus
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 […]
Desk Russia, Central Asia and Caucasus
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 […]
Desk Russia, Central Asia and Caucasus
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 […]
Desk Russia, Central Asia and Caucasus
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 […]
Desk Russia, Central Asia and Caucasus
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 […]
Desk Russia, Central Asia and Caucasus
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. […]
Paris | REAL ESTATE
The High Committee for Corporate Governance (“HCGE”) published on 10 November 2021 its eighth annual report (the “Report”). The mission of the HCGE is to monitor compliance with the principal French Corporate Governance Code, the Afep-Medef Code of Corporate Governance for Listed Companies (the “Code”), by those companies whose shares are listed on a regulated […]
Paris | CORPORATE LAW AND GOVERNANCE