On March 31, 2020, the State Duma adopted and the Federation Council approved a new emergency prevention law – Draft Law № 931192-7 (the "Law").

LLC "Metso Outotec" ("claimant") filed an application with the Commercial Court of St. Petersburg and the Leningrad Oblast seeking refusal to recognize and enforce on the territory of the Russian Federation the Decision of the Economic Court of the Gomel Oblast of the Republic of Belarus.

The Russian Federation's Minister of Agriculture, Alexandr Tkachov announced on 26 May 2015 that duty on exports of Russian grain will be imposed during the 2015-16 agricultural year, beginning 1 July.

Nachdem sämtliche Initiativen für einschneidende Gegenmaßnahmen als Antwort auf die US/EU-Sanktionen (Strafbarkeit von Sanktionsbefolgung, weitreichende Einfuhrverbote, ...

As of l January 2019, the basic value added tax (VAT) rate has increased from 18% to 20%.

In June 2016, a new law was introduced in Russia requiring a prospective plaintiff in a commercial dispute to send a pre-litigation demand letter to the prospective defendant at least 30 days before an action is filed.

After all initiatives for drastic countermeasures to respond to the US/EU sanctions ground to a halt for one year, the legislator has now resumed the proposal.

Under the Federal Law,representative offices of foreign banks and other credit organizations in Russia shall be accredited by the Bank of Russia.

Agreeing on payment conditions as well as on any holdback amounts for warranty claims has always been problematic in Russian share deals due to the absence of the internationally recognized escrow mechanism in Russian law.

Under a construction contract, the contractor undertakes to construct a building or a structure or perform other constructions works in accordance with the instructions of the customer, and the customer undertakes to create necessary conditions for the performance of the works (i.e. to provide the land plot, to ensure transportation access to the site, to ensure electric power and water supply, etc.), accept the result and pay the price.

In response to the fact that the majority of foreign companies have decided to withdraw from the Russian market, the Government has implemented various restrictions on operations...

These are contracts used in the context of developing construction documentation.

The Russian Civil Code is the principal document establishing the Russian contract law framework. General contract law rules and principles are set out in Part I of the Civil Code.

Under a contractor's contract, the contractor undertakes to perform certain work in accordance with the customer's instructions.

In Russia, contract law falls under Russian civil law.

Federal Law No. 42-FZ dated 4 March 2015 (On Amendments to Part I of the Civil Code of the Russian Federation) (the "Law") was signed by the President of the Russian Federation on 8 March 2015...

Das ohnehin schon hohe persönliche Haftungsrisiko von Vorständen und Geschäftsführern in Russland wird dadurch noch einmal verschärft.

The expanding strategic partnership between Russia and China, reflected in growing bilateral trade, brings significant opportunities for Chinese businesses across sectors...

The legislation that had previously regulated this area has been significantly revamped, and investors planning to conclude a SPIC would do well to keep in mind the following main changes:

This further increases the already high personal liability risk for the management in Russia.