PUBLICATIONS

Russian mining assets to British company Eurasia Mining in court. PSB estimates that the deal price was almost 28 times lower than expected. What are the legal prospects for challenging the deal under Russian law, and what difficulties might the financial manager face in attempting to invalidate the transaction? Read comments from Andrei Gusev, Senior […]

The Intellectual Property Court revoked the legal protection of the Poizon trademark, owned by the Russian company Poizon LLC. The decision was made on May 19 in a lawsuit filed by Shanghai Dewu Information (formerly Shanghai Shizhuang Information Technology), a Chinese company that operates the Poizon marketplace. Daria Bitkina, an Associate in Nordic Star’s Intellectual

Cinemas are being warned about lawsuits if they screen the film during pre-screenings. The world premiere of “Mortal Kombat 2” took place on May 8, and Russian cinemas have already announced unofficial screenings for the end of the month – as part of pre-screenings – but these may not take place. Meanwhile, a legal representative

Russia’s oldest cosmetics factory, Svoboda, may be declared bankrupt. Genesis JSC, which is affiliated with Alexey Chetvergov’s Chernogolovka Group, is planning to seek this bankruptcy due to a debt of 125 million rubles. The process may begin as part of negotiations regarding the sale of Svoboda. Chernogolovka is currently one of the potential bidders for

The Dubai International Financial Centre (DIFC) Court of First Instance, acting on a petition filed by VTB, held Kazakhstani businessmen Timur Kuanyshev and Evgeny Shlenskikh, as well as their wives, Alfiya Askar Abulkhair and Munira Baimenova, respectively, liable for contempt of court. Vedomosti learned this from the case materials. The reason for the contempt is

The Federal Tax Service is examining cross-border transactions for 2023–2025 as part of a plan to clean up the Russian economy. The Federal Tax Service is interested in fictitious loans, services, and advances. What this could mean for taxpayers is discussed in a commentary by Andrei Gusev, Senior Partner at Nordic Star, for RBC. For

The widespread practice of issuing loans to foreign legal entities in the past has created problems for some Russians amid sanctions restrictions and exposed them to the risk of tax penalties. Andrei Gusev, Senior Partner at Nordic Star, commented for RBC on what to do if a loan is due. For more information, follow the

Russia plans to ratify the agreement on trade in services and investments with the UAE. After that, Russian investors will be able to create their own enterprises in a number of sectors of the Emirati economy and open branches in others. What kind of agreement will open up opportunities for Russian business and whether it

The Italian fashion house Max Mara has lost a lawsuit against TSUM (Mercury Fashion LLC) in a case of infringement of exclusive rights to its trademarks. The department store used the MaxMara and Weekend MakHmag trademarks in advertising, brand clothing corners, and on labels. Max Mara filed a lawsuit in October 2025, demanding 10 million

The arbitration administrator may claim 30 percent of the funds recovered from the persons controlling the debtor in the framework of bringing to subsidiary liability. But in 2025, there was a steady trend towards partial satisfaction of the claims of the arbitration managers for the recovery of interest. Moreover, the amounts can be significantly reduced.