PUBLICATIONS

Authorities will expedite the “relocation” of sanctioned investors with second citizenship / Comment / RBC

Russian businessmen holding dual citizenship will be allowed to expedite their relocation to Russian jurisdiction through the Federal Antimonopoly Service (FAS), provided they are subject to sanctions. The Ministry of Economic Development has prepared a corresponding draft law. What restrictions currently exist, what changes are planned, who will benefit, and what risks are involved—read this […]

Authorities will expedite the “relocation” of sanctioned investors with second citizenship / Comment / RBC Read More »

Fiscal aggregator. Marketplace sellers are subject to a new tax / Comment / Fontanka.ru

Starting in 2026, many marketplace sellers will have to pay two taxes, both known as VAT: the standard 22% and the “import” 5% (for starters). In addition to the actual tax deductions, merchants will face significantly increased administrative costs and the risk of violations, which will deprive them of their only competitive advantage—extremely low prices.

Fiscal aggregator. Marketplace sellers are subject to a new tax / Comment / Fontanka.ru Read More »

September International Digest: Sanctions lifting boom and important asset unblocking precedent / Comment / Pravo.ru

September proved fruitful for challenging sanctions and delistings. However, not everyone succeeds in lifting sanctions even with a positive ruling from the EU Court of Justice, and lawyers are concerned about the illogical distribution of the burden of proof. Administrative review, which some Russians have successfully resorted to, is fundamentally different in this regard. At

September International Digest: Sanctions lifting boom and important asset unblocking precedent / Comment / Pravo.ru Read More »

The Moscow Arbitration Court ordered the recovery of over 8 billion rubles from PIK Group / Comment / Vedomosti

The developer apparently failed to reach an agreement with one of the co-investors on the joint implementation of a project in Perovo. The Moscow Arbitration Court partially upheld the claim of the St. Petersburg company Gorizont, which had sought 14 billion rubles from Vniimontazhspetsstroy and PIK-Korporatsiya, two companies affiliated with PIK Group. According to the

The Moscow Arbitration Court ordered the recovery of over 8 billion rubles from PIK Group / Comment / Vedomosti Read More »

Cryptocompliance under fire / Comment / RBC

Authorities are exploring ways to strengthen customer due diligence for crypto companies. This is currently challenging due to the anonymity of both clients and many transactions. RBC examined how crypto compliance is currently structured in Russia and who else might be affected. The Russian crypto market lacks clear requirements for customer and transaction verification, but

Cryptocompliance under fire / Comment / RBC Read More »

Court leaves Domodedovo airport in state ownership / Comment / Vedomosti

The Tenth Arbitration Court of Appeal upheld the decision to turn over the Moscow Domodedovo Airport group of companies to the state, which was contested by former owner Dmitry Kamenshchik. On June 17, more than 30 structures associated with the airport were seized for the treasury at the request of the Prosecutor General’s Office. The

Court leaves Domodedovo airport in state ownership / Comment / Vedomosti Read More »

International digest for august: easing of asset unblocking and ban on enforcement of decisions / Comment / Pravo.ru

In August, Russians and domestic companies were added to the sanctions lists of several countries, and the United States applied a new mechanism of secondary sanctions for the first time. At the same time, opportunities for exchanging frozen assets are emerging. The first licenses for the withdrawal of assets began to be issued in Cyprus,

International digest for august: easing of asset unblocking and ban on enforcement of decisions / Comment / Pravo.ru Read More »

Defenseless brands: copyright litigation hits small businesses / Comment / Delovoy Peterburg

According to the research of “Delovoy Petersburg”, in the first half of the year, the top 3 requests from businesses in the Northern capital to lawyers included questions related to intellectual property (IP). The set of questions is quite classic. For example, a request for comprehensive protection of a brand or disputes about the illegal

Defenseless brands: copyright litigation hits small businesses / Comment / Delovoy Peterburg Read More »

Petropavlovsk shareholders file lawsuit against UMMC / Comment / Kommersant

Russian minority shareholders of the British Petropavlovsk PLC have initiated legal proceedings against UMMC, the buyer of the company’s gold mining assets. In 2024, investors asked UMMC to buy out their shares, stating that they suffered during the transaction, but apparently received no response. Minority shareholders of the British Petropavlovsk PLC filed a lawsuit against

Petropavlovsk shareholders file lawsuit against UMMC / Comment / Kommersant Read More »

Problem: how businesses can collect debts from counterparties in China

The reorientation of Russian business to the markets of friendly countries – China, India, the UAE, Turkey – has given rise to a “migration” of debtors: domestic companies are increasingly seeking money collection services from counterparties in these jurisdictions. By 2025, the number of requests from legal entity clients has increased sharply compared to the

Problem: how businesses can collect debts from counterparties in China Read More »