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    Romanian Government approved a draft Government Ordinance regulating a number fiscal-budgetary measures
    2019-01-21

    During Thursday's meeting, the Romanian Government approved a draft Government Ordinance regulating certain fiscal-budgetary measures (Draft GO). The Draft GO tackles upon various matters such as (i) restructuring measures of budgetary duties outstanding as at 31 December 2017,(ii) amending certain provisions of the Romanian Fiscal Code and of the Romanian Fiscal Procedure Code, or (iii) repealing certain legislative provisions. Additionally, the Draft GO aims to amend particular provisions of Law no.

    Filed under:
    Romania, Company & Commercial, Insolvency & Restructuring, DLA Piper
    Authors:
    Marian Dinu
    Location:
    Romania
    Firm:
    DLA Piper
    Coronavirus FAQ: Key legal considerations for Russia
    2020-03-27

    Hogan Lovells Publications | 27 March 2020

    Coronavirus FAQ: Key legal considerations for Russia

    Moscow authorities strongly encourage employers to introduce remote working (work from home) regime where possible. Please make sure you carefully document the new working regime in the addenda to the employment contract or have special internal policy governing this.

    Filed under:
    Russia, Company & Commercial, Healthcare & Life Sciences, Immigration, Insolvency & Restructuring, Leisure & Tourism, Product Regulation & Liability, Public, Shipping & Transport, Trade & Customs, Hogan Lovells, Corporate governance, State aid, Force majeure, Coronavirus
    Location:
    Russia
    Firm:
    Hogan Lovells
    Prolongation of non-working days until 30 April 2020 due to COVID-19 outbreak: What are the practical legal implications for businesses?
    2020-04-06

    During his national address on 2 April, President Putin announced his decision to prolong the initial non-working days from 4 April to 30 April 2020 inclusive in order to fight against the spread of COVID-19. He signed a new Executive Order* providing for this.

    Filed under:
    Russia, Banking, Company & Commercial, Employment & Labor, Insolvency & Restructuring, Real Estate, Tax, SEAMLESS Legal, Coronavirus
    Authors:
    Georgy Daneliya , Ekaterina Elekchyan , Artashes Oganov , Dominique Tissot , Sergey Yuryev , Konstantin Baranov
    Location:
    Russia
    Firm:
    SEAMLESS Legal
    Продление режима нерабочих дней до 30 апреля: к каким практическим правовым последствиям должен быть готов бизнес?
    2020-04-06

    В ходе своего обращения к гражданам 2 апреля президент В. В. Путин объявил о своем решении продлить первоначально установленный режим нерабочих дней с 4 апреля по 30 апреля 2020 года включительно. В этих целях президентом был подписан новый указ, предусматривающий соответствующие меры.

    Filed under:
    Russia, Banking, Company & Commercial, Employment & Labor, Insolvency & Restructuring, Real Estate, Tax, SEAMLESS Legal, Coronavirus
    Authors:
    Georgy Daneliya , Ekaterina Elekchyan , Artashes Oganov , Dominique Tissot , Sergey Yuryev , Konstantin Baranov
    Location:
    Russia
    Firm:
    SEAMLESS Legal
    Russia: corona crisis - legal issues
    2020-04-07

    The confirmed number of persons in Russia infected with SARS-CoV-2/Covid-19 (Corona) exceeds 6,000. Many people and enterprises are affected by non-working days, lock down measures and the resulting direct and indirect impact on work, business and finances. This summary highlights some recent legal issues in connection with the Corona crisis in Russia.

    Quarantine and lock down measures

    Filed under:
    Russia, Company & Commercial, Competition & Antitrust, Corporate Finance/M&A, Employment & Labor, Insolvency & Restructuring, Patents, Public, Real Estate, Securitization & Structured Finance, Tax, Noerr PartGmbB, Force majeure, Coronavirus, Commercial tenant
    Authors:
    Stefan Wolfgang Weber , Björn Paulsen , Hannes Lubitzsch , Vyacheslav Khayryuzov , Dr. Viktor Gerbutov , Olga Mokhonko , Dr. Vladislav Skvortsov , Maxim Vladimirov , Vyacheslav Yugai
    Location:
    Russia
    Firm:
    Noerr PartGmbB
    From Russia, a contribution on the liability of parent companies and directors in situations of distress
    2019-12-03

    A brief presentation of the essay on the subsidiary liability of shareholders and directors by comparing the approach adopted by the Russian Courts – as recently confirmed by the Supreme Courts – with those of other legal systems, the Italian one in particular, to the debated topic of the identification of the circumstances the occurrence of which make it possible to pierce the corporate veil, a topic that would deserve further attention by the Italian legislators, too. 

    Filed under:
    Russia, Company & Commercial, Insolvency & Restructuring, Litigation, De Berti Jacchia Franchini Forlani Studio Legale
    Location:
    Russia
    Firm:
    De Berti Jacchia Franchini Forlani Studio Legale
    Federal Tax Service develops concept of unjustified tax benefit
    2017-06-23

    On March 23 2017 the Federal Tax Service issued a notification entitled On Identifying the Circumstances of an Unjustified Tax Benefit (ED-5-9/547@), which summarises the law enforcement practice associated with assessing the validity of a tax benefit in disputes relating to bad-faith contracting parties.

    Filed under:
    Russia, Company & Commercial, Insolvency & Restructuring, Tax, Gorodissky & Partners, Due diligence, Default (finance)
    Authors:
    Valery Narezhniy , Nikolay Harivulo
    Location:
    Russia
    Firm:
    Gorodissky & Partners
    Russia: New Rules Broaden Liability in Bankruptcy Cases
    2018-01-17

    Russia’s bankruptcy law (the Law) has been amended to expand the list of persons who may be held vicariously liable for a bankrupt’s debts and clarify the grounds for such liability.

    Definition of controlling person clarified

    Filed under:
    Russia, Company & Commercial, Insolvency & Restructuring, Litigation, Baker McKenzie, Bankruptcy, Vicarious liability
    Authors:
    Pavel Novikov
    Location:
    Russia
    Firm:
    Baker McKenzie
    Transferring immovable property and service provision for specialised companies (SPVs) in Russia
    2017-05-04

    The key to understanding how the transfer of immovable property and service provision works for specialised companies in Russia.

    The maintenance activities of Russian specialised companies (SPVs) are not only limited to charter activities. This article looks at the transfer of immovable property to a SPV balance and the transfer of service provision to standby service agents in Russia.

    Filed under:
    Russia, Banking, Company & Commercial, Insolvency & Restructuring, TMF Group
    Authors:
    Andrey Korolev
    Location:
    Russia
    Firm:
    TMF Group
    Doing Business in Russia - 2017
    2017-04-24

    DBI 2017 - A5 With Bleed.indd 3 20.02.2017 8:22:56 Doing Business in Russia 2017 Baker & McKenzie - CIS, Limited Moscow Office White Gardens, 10th Floor 9 Lesnaya Street Moscow 125047, Russia Telephone: +7 495 787 27 00 Fax: +7 495 787 27 01 [email protected] St. Petersburg Office BolloevCenter, 2nd Floor 4A Grivtsova Lane St.

    Filed under:
    Russia, Banking, Capital Markets, Company & Commercial, Competition & Antitrust, Corporate Finance/M&A, Derivatives, Employment & Labor, Energy & Natural Resources, Environment & Climate Change, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, Intellectual Property, Internet & Social Media, IT & Data Protection, Public, Real Estate, Tax, Telecoms, Trade & Customs, White Collar Crime, Baker McKenzie, Foreign direct investment
    Location:
    Russia
    Firm:
    Baker McKenzie

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