Arbitration is a crucial mechanism for resolving international disputes, but it can operate effectively only with the support of state courts. In November, during Dubai Arbitration Week, EPAM Law organised a session at the premises of the Emirati law firm Horizons & Co, where leading experts discussed the interaction between state courts and arbitration, anti-suit injunctions, and the enforcement of interim and protective measures.
EPAM International Arbitration and Litigation team including Practice Head Evgeny Raschevsky, Counsel Vladimir Talanov, Associates Natalia Soldatenkova and Yana Bagrova exclusively co-authored the Russia’s chapter for the GAR Know-how: Commercial Arbitration 2024.
EPAM International Arbitration and Litigation team including Practice Head Evgeny Raschevsky, Counsel Vladimir Talanov, Associates Natalia Soldatenkova and Yana Bagrova exclusively co-authored the Russia’s chapter for the GAR Know-how: Commercial Arbitration 2023.
Presidential Decree No. 585 “On Suspension by Russia of Certain Provisions of Russia’s International Treaties on Taxation Matters” (the Decree) was published on 8 August 2023. This Decree represents a natural development of the initiative announced by the Ministry of Finance and the Ministry of Foreign Affairs of Russia to unilaterally suspend Double Taxation Treaties (the DTT, the Treaty) in response to the European Union’s decision to place Russia on the list of jurisdictions that do not cooperate with the EU on taxation matters.
On 21 July 2023, the State Duma of the Russian Federation (the State Duma) passed in its third reading bill No. 369931-8, implementing the key areas of the fiscal policy for 2023 and the target period. The proposed amendments are systemic and stipulate changes to 30 chapters of the Tax Code of the Russian Federation (the Russian Tax Code). The key amendments are summarised below.
On 19 April 2023, the Judicial Department of the Russian Supreme Court published court statistics for 2022. According to the statistics, the amount of damages recovered from top managers has grown more than 10 times, while the number of lawsuits filed and claims sustained remains the same. Specifically, in 2022, more than RUB 165bn was recovered in damages (versus RUB 3.8bn in 2021 and less than RUB 1bn in 2020).
The last year was memorable in terms of construction law as on 16 November 2022, the Presidium of the Supreme Court approved the Case Law Overview Regarding Unauthorised Construction.
EPAM International Arbitration and Litigation team including Practice Head Evgeny Raschevsky, Counsel Vladimir Talanov, Associates Veronika Burachevskaya and Yana Bagrova exclusively co-authored the Russia’s chapter for the GAR Know-how: Commercial Arbitration 2022.
Despite the difficult year 2022, the workload in the legal business has not decreased, but the specifics have changed.
The Association of European Businesses (AEB) presents its latest edition of Real Estate Monitor, which is focused on the research of the Moscow and St. Petersburg real estate sectors in the segments of: retail, office, warehouse, hotel and residential real estate for the first half of 2022. This edition contains an article “Top 5 Real Estate Legislation Amendments” prepared by Anton Alekseev, Counsel, Real Estate And Construction Practice at EPAM and Deputy Chairman of the AEB Real Estate Committee.
The Federal Antimonopoly Service (FAS) has reduced the period for issuing warnings to one day. The new rules will also apply to public unsubstantiated forecasts of price increases.
On April 12, 2022, bill No. 104796-8 on the external management in companies with foreign participation that intend to suspend or terminate their activities in Russia (hereinafter referred to as the Bill) was submitted for consideration by the State Duma.
On April 7, 2022, legislative proposal № 102053-8[1] that provides amendments to the Criminal Code of the Russian Federation establishing responsibility for the implementation of sanctions adopted against the Russian Federation within the country was submitted to the State Duma of the Russian Federation for consideration.
This memorandum summarises the counter sanctions the Russian Federation has imposed against the unfriendly actions of the USA and their allied foreign countries and international organisations from 21 February to 7 April 2022 (13:00).
On March 02, 2022, the Arbitration Court of the Kirov Region made a ruling in widely discussed case No. A28-11930/2021, which refused to satisfy the claim of Entertainment One UK Limited for compensation for infringement of the rights to trademarks and works of art (“Peppa Pig”, "Daddy Pig").