The current political and economic uncertainty has led to foreign companies and private owners that are non-residents of the Russian Federation, when disposing of a business in Russia to Russian management or investors, being interested in ensuring the possibility of repurchasing the shares they have disposed of in the companies. In this regard, in the current market conditions, the option to repurchase shares in Russian companies has become particularly relevant.
Elena Lebets, an Associate, and Alexandra Kuznetsova, a Junior Associate in the Dispute Resolution Practice at Nordic Star, have examined in their article the legal aspects of concluding and regulating an option agreement. In particular, they offer risks and practical recommendations, looking at the new regulatory burden associated with obtaining permission from the subcommittee of the Government Commission for Control of Foreign Investments in the Russian Federation as well as at obtaining permission from the Federal Antimonopoly Service of Russia.
To read the full article (in Russian)