International Financial Law Review 1000 (IFLR1000) once again notes Lidings for its expertise in Restructuring and Insolvency practice area.

Federal law No. 476-FZ of December 27, 2019, introduced several amendments to the Federal law “On electronic signature” (“Law”). Changes to the Law come into force gradually.

Published on July 31, 2020 the Federal Law "On Experimental Legal Regimes in the Field of Digital Innovation" will enter into force in January 2021.

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.

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.

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. 

July 10th 2020, Julia Kuzmenko, Associate in Lidings’ Corporate and M&A practice, will take part in a 3rd Annual Conference on Compliance Enforcement in the Pharmaceutical Industry. The event is organized by MBS Agency and this year will take place in online format.