PUBLICATIONS

New bill from the Ministry of Digital Development / Comment / Kommersant

The Ministry of Digital Development has developed a Draft Federal Law “On Amendments to the Federal Law “On Information, Information Technologies and Information Protection”, as well as article 15 of the Federal Law “On the contract system in the field of procurement of goods, works and services to meet state and municipal needs.” We invite […]

New bill from the Ministry of Digital Development / Comment / Kommersant Read More »

Pharmaceutical companies that have left Russia are not eager to sue local businesses

The departure of a number of major global pharmaceutical brands from the Russian market two years ago gave rise to much anxiety. This concerned whether import substitution would take place, and the fate of Russian partners and counterparties of Western companies. Both those fears were unfounded. Disputes between Russian pharmaceutical companies and foreign ones in

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Copyright in India: how to properly protect intellectual rights in India

India is a very promising country for doing business, creating startups, and developing innovative products. One of the most important steps when relocating/setting up a business in India is ensuring that the company’s intellectual property (IP), such as its trademark and website design, is protected. We invite you to find out how the timely registration

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New rules for processing biometric personal data: what you need to know / Article / “Akcionernoye obschestvo” magazine

In December 2022, Federal Law No. 572 came into force, which regulates the authentication of persons using biometric personal data. The requirements of this law are relevant for organizations that identify their clients or employees using biometrics. During 2023, by-laws were created and amended to clarify the requirements of the law. So that you do

New rules for processing biometric personal data: what you need to know / Article / “Akcionernoye obschestvo” magazine Read More »

A subsidiary of Gazprom is set to acquire a 27.5% stake in the operator of the Sakhalin-2 project, replacing NOVATEK in the deal / Comment / RBC

According to a government order, a Gazprom entity will purchase the stake in Sakhalin Energy, the company managing the Sakhalin-2 project, for 94.8 billion rubles. The Cabinet of Ministers granted its approval for this transaction back in December. For further insights into the shift from NOVATEK to Gazprom as the potential buyer and its implications

A subsidiary of Gazprom is set to acquire a 27.5% stake in the operator of the Sakhalin-2 project, replacing NOVATEK in the deal / Comment / RBC Read More »

Made in India: how the Indian government helps launch an IT business / Article / RBC Global

India is a Russia-friendly country with developed legislation that follows the British model. This makes it attractive to Russian high-tech businesses, especially startups. According to Vera Zotova, Ph.D., Senior Associate, and Olga Nechaeva, Junior Associate, in the Intellectual Property and Information Technologies Practice at Nordic Star Law Offices, India offers several advantages that appeal to

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So it will go down: business has identified the risks of providing benefits to growing companies. Authorities and entrepreneurs discuss state support for the SME sector / Comment / Izvestia

As the concept of Small and Medium Enterprises gains traction, the business community is grappling with concerns regarding support for small enterprises. During a meeting featuring Maxim Reshetnikov, the Minister of the Economy, representatives from Opora Russia voiced their apprehensions that extending budgetary allocations and benefits to this new category might dilute existing state aid.

So it will go down: business has identified the risks of providing benefits to growing companies. Authorities and entrepreneurs discuss state support for the SME sector / Comment / Izvestia Read More »

“Pit Product” and “Cherkizovo” want to recover almost 2 billion rubles from the Omsk company / Comment / Business Petersburg

The Commercial (‘Arbitration’) Court of the Omsk Region has accepted for proceedings the claims of Pit-product LLC and Cherkizovsky Meat Processing Plant JSC against the Prodtekhnologii company for the recovery of 1.22 billion and 575 million rubles, respectively. Both claims were accepted by the court for proceedings, but the merits of the disputes have not

“Pit Product” and “Cherkizovo” want to recover almost 2 billion rubles from the Omsk company / Comment / Business Petersburg Read More »

Hosting providers have a new law. How will it affect clients? / Article / RBC Pro

Under new legislation, hosting providers are now mandated to comply with regulations of the FSB, Russia’s security service, while clients will undergo stricter authentication processes and must confirm their Russian citizenship. Vera Zotova, Ph.D., a Senior Associate, and Olga Nechaeva, a Junior Associate, both from the Intellectual Property and Information Technologies practice at Nordic Star

Hosting providers have a new law. How will it affect clients? / Article / RBC Pro Read More »

The digital ruble has yet to transition out of the sandbox phase. Financial experts are debating whether it will be necessary for salaries and pensions to transition to this new form of currency / Comment / Nezavisimaya Gazeta

The Central Bank (CB) will need to conduct thorough testing of the digital ruble for at least a year before it can be widely introduced into circulation as a third form of currency. Currently, approximately 25,000 transactions have been carried out with the digital ruble in Russia, primarily among individuals. Experts suggest that citizens’ acceptance

The digital ruble has yet to transition out of the sandbox phase. Financial experts are debating whether it will be necessary for salaries and pensions to transition to this new form of currency / Comment / Nezavisimaya Gazeta Read More »