The core statute setting out Russian merger control rules is Federal Law No. 135-FZ of 26 July 2006 on Protection of Competition (the Competition Law). By-laws must comply with its provisions and can only specify certain issues in detail (e.g., by decrees of the Russian government, administrative regulations and other by-laws).
EPAM International Arbitration and Litigation team including Practice Co-Heads Evgeny Raschevsky and Andrew Lomas, Counsel Vladimir Talanov, Associates Veronika Burachevskaya and Yana Bagrova exclusively co-authored the Russia’s chapter for the GAR Know-how: Commercial Arbitration 2021.
Recognition and Enforcement of Foreign Arbitral Awards in Russia and Former USSR States is the first full-scale commentary in English that aims at analysing the application of the New York Convention in Russia.
The article deals with the evolution of the damages calculation methods in the investor-state disputes over the past 50 years, in both the doctrine and arbitration practice.
On February 24, 2021, the President of the Russian Federation signed a law providing for the possibility of holding general meetings of JSC or LLC, including annual meetings, by absentee voting.
On February 24, 2021 the President of the Russian Federation has signed a law increasing liability for violations in the field of personal data. The changes will take effect on March 27, 2021. Special attention to these changes should be paid by operators who process large volumes of personal data.
The Austrian Yearbook on International Arbitration 2021 is a collection of articles and essays on current issues and hot topics in commercial and investment arbitration by leading practitioners and academics. Among the authors are EPAM Managing Partner Ilya Nikiforov and Partners Ilona Zekely and Evgeny Raschevsky.
On December 30, 2020, a law was adopted establishing new rules for the disclosure of personal data to an indefinite circle of persons and processing personal data from open sources. The changes will take effect on March 1, 2021. The new rules apply to all operators of personal data and affect both the distribution of data online and offline.
Daria Sergeeva, Senior Associate at Intellectual Property / TMT Practice, speaks about Intellectual Property ownership due diligence as an important part of M&A transactions in Russia.
Alexey Karchiomov, Counsel of International Trade & Customs Practice, discusses the most important issues for companies supplying to Russia.
Elena Agaeva, Head of M&A and Corporate Practice in St. Petersburg office, gives a few significant tips on closing an entity in Russia.
In March 2018, the Russian President instructed the government and the Bank of Russia to develop an action plan to accelerate growth of investments and their share in gross domestic product. Shortly afterwards, the Russian Ministry of Finance developed a draft law ‘On Protection and Promotion of Investment in Russia’, which was announced in October 2018. It was assumed that the adoption of this law would improve the investment climate and give impetus to the development of the country's economy.
Alexey Karchiomov, Head of Maritime Shipping / Transport Law Practice, speaks about the options for registering a vessel in Russia.
Partner, Head of Competition Law Practice Natalia Korosteleva, Partner Anna Numerova, and Counsels Denis Gavrilov and Maria Kobanenko became the authors of Russia chapter for Merger Remedies Guide - Third Edition by Global Competition Review (GCR).
In August 2020, the third edition of the book which details the legal views of the FAS Russia collective bodies was released. The book is a joint effort of the Antimonopoly Service and the Competition Experts Association with contributions from the HSE Institute for the Study of Competition Policy and Market Regulation experts. Alexey Rodionov, Counsel in the Competition Law Practice of Egorov Puginsky Afanasiev & Partners, co-authored the book as a member of the Competition Experts Association task force.
