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.
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.
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.
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.
Roskomnadzor Proposes Stronger Protection of Personal Data. Such Mechanisms Already Partly Exist, Lawyers Say.
The chapter reviews the mechanism of foreign direct investment controls as implemented in Russia under the auspices of the Federal Law “On Foreign Investments in Russia” No. 160-FZ and Federal Law No. 57-FZ “On the procedure for making foreign investments in companies which are of strategic importance for ensuring the country’s defence and state security”.
An extract from the 2020 edition of GAR’s Commercial Arbitration Know-how, first published in June 2020.
The past several years has witnessed a growing concern expressed by some economists and policymakers over the scope and strictness of occupational regulation— especially licensing. But so far studies of occupational regulation and its effects have focused on only a few countries, generally market economies such as the U.S. and the EU.
Mainly due to the election-driven uncertainty, 2019 saw some slowdown in inbound M&A activity in Ukraine after a two-digit percentage growth. The biggest transactions took place in infrastructure (including telecom), commercial real estate and heavy industry sectors. In 2020, the global COVID-19 pandemic will have adverse effect on the speed and feasibility of both planned and signed M&A.
The article addresses the conflict of private and public interests on the pharmaceutical market arising in the antitrust regulation. The authors suggest assessing antitrust interventions in establishment of rights and enforcement of laws in terms of potential errors known in economics as type I and type II errors, and negative implications of type I errors, where the innocent are punished.
An English barrister has taken international arbitration and English law experience to Egorov Puginsky Afanasiev & Partners in Moscow, as the Russian firm forges closer ties with One Essex Court.
