Britain's Sibir Energy recorded an "important victory" on August 9 when the Moscow Arbitration Court rejected an appeal by Sibneft against an April ruling that placed OAO Yugraneft under external administration in connection with the company's bankruptcy.
Law students from 14 European countries are in St. Petersburg to take part in the annual meeting of the European Law Students’ Association (ELSA) that convened Wednesday and runs through Sunday...
ELSA is the world’s largest independent, non-political and non-profit law student association with more than 25,000 members — students and recent graduates who are interested in law and have demonstrated commitment to international issues.
Sibir Energy, the UK oil minnow, has scored an initial success in its international legal battle with Sibneft, one of Russia's largest oil companies, which is controlled by the billionaire oligarch Roman Abramovich...
A court in the British Virgin Islands has ordered Russia's richest man, Roman Abramovich, to disclose all his assets valued over $1 million, a lawyer for Sibir Energy said Sunday...
Britain's Sibir Energy plans to complete a deal over the next four months to include a 95% stake in OAO Magma in the charter capital of OAO Moscow Oil and Gas Company, thereby increasing its stake in the company from 31% to 45%...
Sibir and the Moscow authorities are trying to reacquire Sibir's 50% stake in the Sibneft-Yugra joint venture, which was diluted by Sibneft to 1%. Sibir's stake in Sibneft-Yugra was supposed to be contributed to Moscow Oil and Gas Co. (MOGC), a joint venture between Sibir and the government of Moscow...
Sibir Energy, the oil minnow, is joining forces with a company chaired by Moscow's mayor to sue Roman Abramovich's Sibneft in international courts, alleging Sibneft cheated it out of an oilfield stake that experts value at as much as Dollars 1.5bn...
Anglo-Russian oil company Sibir Energy said Thursday it would start a legal campaign abroad against Russian billionaire Roman Abramovich's oil giant Sibneft for the return of a joint venture investment...
Henry Cameron, CEO of Sibir Energy Plc, and Evgeny Sevastianov, First Vice President of the Moscow Oils And Gas Company, at a Moscow news conference Thursday said that they have joined forces to fight Sibneft, the Russian major oil company owned by Roman Abramovich...
While reducing the statute of limitations for privatization deals, the Kremlin is changing the regulations for corporate conflicts. The presidential administration proposes that the term within which disputed deals can be revised should be tripled. As yet, conflict participants aren't sure if this is good or bad...
The Federal Antimonopoly Service allowed the request of Alcoa for a permit for acquisition of controlling stakes in Samara metal plant and Belokalitvinskoe metallurgical production association...
The RF Constitution includes guarantees of freedom of economic activity, promotion of fair competition, and free movement of goods, services and finances (Art. 8). An implication of this principle is that private rights must not be used to hinder competition and abuse of the dominant position on the market (Art. 10 .1 of the RF Civil Code)...
by Ilya Nikiforov, managing partner of EPA&P St.Petersburg office
The Civil Code establishes a basic framework for electronic transactions. For a legally binding contract to be formed by exchanging documents(messages) via electronic means (electronic documents) two conditions must be met...
by Ilya Nikiforov, managing partner of EPA&P St.Petersburg office
The RF Law On Copyright and Neighboring Rightsof 9 July 1993 No. 5351-1 (as amended) (“The Copyright Law”) extends copyright protection to works of literature, art, and science, as well as to computer software and databases (which are also covered by the law On Legal Protection of Computer Programs and Databases No. 3523-1 of 23 September 1992 (as amended by the Federal Law No. 177-FZ of 24.12.2002)...
by Ilya Nikiforov, managing partner of EPA&P St.Petersburg office