The Tagansky District Court has published its exceptional decision in the case of Roskomnadzor (the Russian supervisory authority for telecommunications, information technology, and the media) vs the LinkedIn Corporation. The court ruled that the company’s activity in Russia was in breach of Russian legislation on personal data. The Moscow City Court in its resolution as per November 10, 2016 did not overturn the decision: LinkedIn.com has been blocked in Russia.
This article provides an overview of key concepts of economic analysis of corporate law.
Federal law No. 218-FL “On the State Registration of Real Estate” dated 13 July 2015 unifies the currently existing State Real Estate Cadaster (GKN) and Unified Register of Rights to Real Estate and Transactions Therewith (EGRP) into one Unified State Register of Real Estate (EGRN). The law entails the enactment of more than 30 regulations which will enter into force in 2017. Although Law No. 218-FL in many ways continues and combines the approaches of the previous legislation and judicial practice, both the authorities, courts, developers and holders of real estate will need some time to get used to the new provisions.
Construction 2017 published by the Getting the Deal Through provides expert local insight into the field of construction law in different jurisdictions worldwide, covering such areas as: joint ventures, foreign penetration of the local market and licensing procedures, labour requirements, local labour law and health and safety regulation, construction contracts, insurance, contracting with government entities, bribery and foreign corruption, force majeure and acts of God, dispute resolution mechanisms, international environmental law, international bilateral treaties and currency controls.
The Q&A provides a high level overview of the legal basis for bringing private antitrust litigation actions; parties to an action; limitation periods and forum; standard of proof and liability; costs and timing; pre-trial applications and hearings; alternative dispute resolution; settlement or discontinuance of an action; proceedings at trial; available defences; available remedies; appeals and proposed legislative reform.
Laws, regulations and the law itself might be viewed from economic analysis of law standpoint as a type of any non-material goods, thus there is a demand for, and supply of, law.
Denis Gavrilov became the author of the Russia chapter of the Edition.
The most recent amendments to the Russian Competition Law, called the Fourth Antimonopoly Package, became effective January 6, 2016. Among other developments, the Fourth Antimonopoly Package brought joint venture (JV) agreements under mandatory merger control clearance procedures.
According to a new Russian law, legal entities have to obtain and keep information on their beneficial owners, and to renew this information on a regular basis (at least once a year)
Russia hopes that Islamic banks will help make up for a deficit in international finance caused by sanctions.
EPAM has successfully defended the interests of Transammiak against a RUB 12 million claim brought by the Department of Rosprirodnadzor (Russia's Federal Service for the Supervision of Use of Natural Resources) in the Voronezh region of Russia for damages relating to an ammonia leak.
ACEA’s Tax Guide gives an overview of motor vehicle taxation in the 28 EU member states, the EFTA countries (Iceland, Norway and Switzerland) as well as major world markets such as Brazil, China, India, Japan, Korea, Russia, Turkey and the United States.
Since September 2015, both foreign and Russian companies have been required to use databases located in Russia to process Russian citizens’ personal data (PD) (the so-called data localization rule).
On September 18, 2015, the Federal Antimonopoly Service of Russia (“FAS”) ruled that Google had abused its dominant position in the market for pre-installed applications on mobile devices with an Android operating system in the Russian Federation. The ruling was affirmed on March 14, 2016 by the Moscow Arbitration Court.
The major trend in the regulator’s merger control approach remains quite liberal. This can be seen in both the regulator’s practice and legislative development. Fines for failure to meet the merger control requirements have not been increased.