Practices
Industries

Changes in the Federal law “On the procedure for foreign investment in economic companies of strategic importance for national defense and state security”

31 August 2020

Starting from August 11, 2020, amendments to the Federal law “On the procedure for foreign investment in economic companies of strategic importance for national defense and state security” (“Law”) have come into force, strengthening state control over transactions of foreign investors or a group of persons in respect of shares of companies of strategic importance for national defense and state security (“Company”).

Lidings Experts Run Master Class in Summer Masters’ School at LMSU

27 August 2020

August 27th, 2020 Lidings Managing Partner Andrey Zelenin and Associate Julia Kuzmenko will run a special master class dedicated to Legal Advice to Life Sciences Companies: Lawyer’s Knowledge and Capabilities as a part of the two-day educational programme of the Lomonosov Moscow State University entitled Summer Masters’ School (SMS). Becoming traditional this summer students’ event is scheduled on August 27–28 and this year will run in a Zoom format.

COVID-19: Legal Watch

25 July 2020

The coronavirus outbreak (COVID-19) served as a trigger for a targeted effort to assess and manage the possible effects of it. The Russian Government continues to update the measures taken or introduce new ones, trying to act ahead of the possible adverse consequences. Our lawyers are closely monitoring the situation, watching out for the new measures introduced in relation to the coronavirus.
We offer overview of key legislative changes and recommendations for business in the current pandemic.

Clarifications of the Constitutional Court on the participation of representatives without law degree in commercial procedure

24 July 2020

The Constitutional Court and Supreme court continue to clarify the novels in procedural codes on professional judicial representatives. Recall that earlier, in June, the Supreme Court in the Review of Judicial Practice No. 1 dated 06/10/2020 indicated that the law degree requirements do not relate to representatives in bankruptcy cases. Recently, the Constitutional Court in its decision ruled that the interests of legal entities can be represented by employees, founders (shareholders) and other persons without a law degree.

Russia: New package of emergency legislation measures

21 July 2020 Eurofenix, the journal of INSOL Europe, July 2020

During the COVID-19 crisis, Russian regulators implemented a package of emergency legislation including measures referring to the insolvency law. The law was published on 1 April 2020, and on 3 April the Government exercised its right to introduce a 6-month moratorium on initiating bankruptcy proceedings for certain categories of debtors.