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An Overview of Changes in Legislation July 2011

July 2011 - Corporate & Commercial. Legal Developments by Andrey Gorodissky & Partners.

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Commercial Concession (Franchise)

Federal Law on Amendment of Part Two of the Civil Code of the Russian Federation, dated July 18, 2011, No. 216-FZ, introduces changes in the Civil Code provisions on commercial concession (franchise), namely Article 1033 concerning limitation of rights of the parties to a franchise agreement, Article 1035 concerning the franchisee’s primary right to renew the agreement for another term, and Article 1037 concerning termination of the agreement.

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