Sep 23, 2013 · A fortnightly round-up of real estate news, legislative amendments and court practice May 20, 2020 · In light of the Covid-19 outbreak, landlords and tenants need to consider the impact of Covid-19 on their rights, obligations and liabilities under existing leases as well as in relation to proposed new leases. The laws on legal professional privilege remain a significant point of interest and divergence across the global legal landscape. Linklaters in an earlier statement failed to censure Russia for its act, while Allen & Overy had stayed silent. The foreign affairs Education and qualifications. May 20, 2020 · On 1 April 2020 the State Duma adopted, in the third reading, a federal law providing for temporary carve-outs from certain legislative requirements applicable to Russian companies. www. Nov 22, 2023 · The trend of claimants in Russia-related disputes seeking anti-suit injunctions to restrain Russian proceedings in breach of an arbitration agreement continues with the latest case of Renaissance Securities (Cyprus) Limited v Chlodwig Enterprises Limited & Ors [2023] EWHC 2816 (Comm), in which the seat of arbitration was in England. Apr 30, 2017 · A fortnightly round-up of real estate news, legislative amendments and court practice Sep 30, 2016 · Russia - Real Estate Update – 1 – 30 September 2016 Russia - Real Estate Update – 1 – 30 September 2016 A fortnightly round-up of real estate news, legislative amendments and court practice Class actions were introduced in Russia in 2009 by special procedural rules for dealing with cases affecting the interests of groups of entities and individuals. Jan 16, 2023 · As foreign businesses continue to exit Russia, the government is evaluating the impact of divestments and adjusting the regulations which permit, prevent, or control the sale of Russian assets. Notification or registration scheme and timing. S. ) and various Russian merger control and foreign investments rules. The Infocomm Media Development Authority of Singapore supports the Commission in administering compliance with the PDPA. 2 minute read. With financial markets already subject to stringent restrictions, attention has focussed on expanding trade and services sanctions. In this case, the Russian courts interpreted the new law and ruled that anti-suit injunctions May 22, 2020 · This document briefly summarises the regulations on JSC/LLC corporate bodies’ meetings with an emphasis on the framework around remote participation in, and absentee voting at, such meetings. x Find a Lawyer. These claims have been made possible by previously enacted Russian legislation. In this post, we look at these important changes and their impact on investors. He speaks English and Russian. Anti-suit injunctions in Russia may prevent overseas proceedings in respect of sanctioned entities. On 29 October 2021, the Russian Government approved the Strategy for Low Carbon Social-Economic Development of Russia, which envisages reduction of GHG emissions by 60 per cent from the 2019 levels and by 80 per cent from the 1990 levels by 2050, among others. We will continue supporting our people there in the process, doing all we can to help them transfer to new roles within Linklaters or otherwise. The topics covered include right to unilaterally May 20, 2020 · As Russia continues to plunge deeper into the spread of Covid-19, Russian arbitration community has already reshaped its ordinary life into a new world of handling disputes entirely online. Some of these address regulators’ longstanding concerns, aiming to tighten the regime in certain industries which have proven over the years to be critically important for Russia but We will wind down our operations in Russia and close our Moscow office. In this Q&A paper, we provide answers to some of the key issues affecting landlords and tenants of commercial leases in Russia. g. We are grateful to our Moscow team for all their contributions and friendship since we opened the office in 1992. 117438. The Russian courts have resolved the first ever anti-suit injunction case in Russia. Domestic authorities’ attention is now turning to ensuring those regimes are complied with, limiting the scope for circumvention and penalising those who breach legal Mar 4, 2022 · Big law firms generally have been more circumspect about declaring an exodus from Russia, but the situation is fast-moving. Jun 4, 2021 · Linklaters Moscow successfully represented the client in Russia’s first ever anti-suit injunction case based on the recent amendments to the Russian Arbitrazh (Commercial) Procedure Code. “We will wind down our operations in Russia and close Class actions were introduced in Russia in 2009 by special procedural rules for dealing with cases affecting the interests of groups of entities and individuals. . Feb 28, 2017 · A fortnightly round-up of real estate news, legislative amendments and court practice Linklaters is long established in Asia, we support our clients on numerous landmark transactions with offices spread across the region in Bangkok, Beijing, Hong Kong SAR, Seoul, Shanghai, Singapore and Tokyo. Mapletree Business City. Jun 30, 2015 · A fortnightly round-up of real estate news, legislative amendments and court practice Oct 4, 2023 · In our earlier post, we outlined how the Russian government has been scrutinising foreign exits from Russia in 2022-2023, what regulatory clearances and hurdles it has introduced/updated to assess and regulate this ongoing process, and what requirements it imposes when it decides to allow those departures. Russian arbitration law comprises: Federal Law “On arbitration (arbitral proceedings) in the Russian Federation” (dated 29 December 2015, No. Jun 15, 2017 · Russia - Real Estate Update – 1 – 15 June 2017 Russia - Real Estate Update – 1 – 15 June 2017 A fortnightly round-up of real estate news, legislative amendments and court practice Nov 30, 2016 · Russia - Real Estate Update – 16 – 30 November 2016 Russia - Real Estate Update – 16 – 30 November 2016 A fortnightly round-up of real estate news, legislative amendments and court practice Aug 3, 2022 · The crisis in Ukraine is showing no signs of abating and governments across the globe are ramping up their sanctions and designations. E. Reset search. The firm's past Russian clients have included gas supplier Gazprom Jun 9, 2022 · It is now over 100 days since Russian military action began in Ukraine, during which time Western governments and their allies have imposed raft after raft of economic and trade restrictions on Russian-owned companies, banks, industries and the individuals supporting the Kremlin. Subscribe. We summarise key developments in Russian employment law over the past few weeks in response to COVID-19. Class actions were introduced in Russia in 2009 by special procedural rules for dealing with cases affecting the interests of groups of entities and individuals. 14114 targets Russia’s “ continued use of its military-industrial base ” and “ reliance on the international financial system ” to evade sanctions and acquire “ dual-use and other Nov 30, 2016 · Russia - Real Estate Update – 16 – 30 November 2016 Russia - Real Estate Update – 16 – 30 November 2016 A fortnightly round-up of real estate news, legislative amendments and court practice May 20, 2020 · Russia - Covid-19: Russian Employment Law Considerations for Companies Responding to COVID-19 – Update. We believe what makes us stand out as an employer, is the attention we give to our training, development and support. Sep 30, 2014 · A fortnightly round-up of real estate news, legislative amendments and court practice After careful consideration of our Russia-related work, our firm has now made the following decisions: We will wind down our operations in Russia and close our Moscow office. Linklaters has had an office in Moscow since 1992 Photo: Bloomberg via Getty Images. A60-36897/2020) has raised the stakes with regard to the exercise of jurisdiction over disputes involving Russian parties subject to foreign sanctions, in the first case to be brought based May 22, 2020 · Although most Russian institutions and organisations have recently switched to remote working, businesses continue to make contracts. gov. ) and various May 21, 2020 · In light of the Covid-19 outbreak, landlords and tenants need to consider the impact of Covid-19 on their rights, obligations and liabilities under existing leases as well as in relation to proposed new leases. Thе note provides a general overview of Russian merger control rules as well as key foreign investment control rules and restrictions, covering, in particular, scope of Russian merger control, process and result of review of the application, liability for failure to obtain merger control clearance, scope of foreign investment control Linklaters advises on airBaltic’s €340m Secured High Yield Bond. Mar 4, 2022 · Friday, 4 March 2022 at 20:04. Overview of changes in interpretation and application of interest rate swap agreements and bank guarantees. pdpc. Linklaters is pulling out of Russia and closing down its Moscow office over the Ukraine war, making it the first major western law firm to confirm it is exiting the country. However, the situation is constantly Jul 24, 2023 · Linklaters had over 70 lawyers in Moscow when it decided to close the office and shun work for Russia-controlled clients. May 20, 2020 · In light of the Covid-19 outbreak, landlords and tenants need to consider the impact of Covid-19 on their rights, obligations and liabilities under existing leases as well as in relation to proposed new leases. Mar 31, 2015 · Russia - Real Estate Update – 16-31 March 2015 Russia - Real Estate Update – 16-31 March 2015 A fortnightly round-up of real estate news, legislative amendments and court practice Mar 31, 2023 · unless the purchase price is paid in instalments over 1-2 years, a ‘voluntary’ contribution to the state budget must be paid, amounting to at least 10% of either: (a) half of the appraised market value of the Russian assets, or (b) the total appraised market value of the Russian assets if the assets are sold with more than a 90% discount unless the purchase price is paid in instalments over 1-2 years, a ‘voluntary’ contribution to the state budget must be paid, amounting to at least 10% of either: (a) half of the appraised market value of the Russian assets, or (b) the total appraised market value of the Russian assets if the assets are sold with more than a 90% discount Class actions were introduced in Russia in 2009 by special procedural rules for dealing with cases affecting the interests of groups of entities and individuals. Russia is a continental law system and legislation is the primary source of law. Linklaters Insights. Feb 28, 2017 · A fortnightly round-up of real estate news, legislative amendments and court practice Jun 4, 2021 · Linklaters Moscow successfully represented the client in Russia’s first ever anti-suit injunction case based on the recent amendments to the Russian Arbitrazh (Commercial) Procedure Code. Mar 31, 2016 · A fortnightly round-up of real estate news, legislative amendments and court practice Mar 31, 2017 · A fortnightly round-up of real estate news, legislative amendments and court practice Apr 30, 2017 · A fortnightly round-up of real estate news, legislative amendments and court practice Sep 30, 2015 · A fortnightly round-up of real estate news, legislative amendments and court practice May 20, 2020 · We summarise key developments in Russian employment law over the past few weeks in response to COVID-19. We offer the fully rounded programme you need to develop your understanding of commercial law and build your skills. sanctions against Russia since the escalation of the Ukraine conflict in February 2022. This is why our trainees choose to stay with us year after year – in Jun 15, 2016 · A fortnightly round-up of real estate news, legislative amendments and court practice Our publications and seminars cover industry and legal updates on issues that affect our clients' businesses. May 22, 2020 · The Russian Government has enacted a regime of moratorium on insolvency filings of certain debtors pursuant to the law on bankruptcy moratorium which previously came in force. We briefly explore this judgment and contrast it with other the Russian entity/assets are sold with a discount of at least 50% from their appraised market value as per the above valuation; a “voluntary” contribution in the amount of at least 15% of the total appraised market value of the Russian entity/assets must be paid to the Russian state budget within one month of closing of the transaction; Aug 8, 2013 · A fortnightly round-up of real estate news, legislative amendments and court practice Dec 31, 2014 · A fortnightly round-up of real estate news, legislative amendments and court practice The Personal Data Protection Commission (the “Commission”) 10 Pasir Panjang Road #03-01. May 31, 2016 · A fortnightly round-up of real estate news, legislative amendments and court practice Jun 30, 2017 · A fortnightly round-up of real estate news, legislative amendments and court practice Russian merger control and foreign investments rules. In this document we summarise the key provisions of the regime. May 22, 2020 · Russian litigation during the COVID-19 pandemic. On 28 May 2021, a judge of the Supreme Court of Russia upheld the court judgments of lower instances and refused to refer the dispute to the consideration of the panel of judges in the Supreme Court of Russia. The strategy Feb 28, 2022 · Linklaters to Review Russia-Based Work. To ensure safe and smooth continuation of arbitration, Russia’s most popular arbitral institutions have implemented best practices of the world’s leading institutions (e. February 28, 2022 at 12:38 PM. Aug 21, 2013 · A fortnightly round-up of real estate news, legislative amendments and court practice Feb 29, 2016 · A fortnightly round-up of real estate news, legislative amendments and court practice As foreign businesses continue to exit Russia, the government is evaluating the impact of divestments and adjusting the regulations which permit, prevent, or control the sale of Russian assets. The Russian Courts are already issuing judgments taking jurisdiction and Russia - Significant changes in interpretation and application of legal rules on financial market infrastructure Overview of changes in interpretation and application of interest rate swap agreements and bank guarantees. , ICC, LCIA, etc. In addition, the Russian Federation intends to reach net zero by 2060. 382-FZ), governing Russian domestic arbitration; The year 2012 was marked by significant changes in interpretation and application of legal rules on interest rate swap agreements and bank guarantees. The need to stay on top of the legal situation across jurisdictions is critical, particularly for businesses with international operations involving parties that may now be subject to economic restrictions. Sep 23, 2013 · Russia - Real Estate Update - 23 September 2013 Russia - Real Estate Update - 23 September 2013 A fortnightly round-up of real estate news, legislative amendments and court practice Russia We are pleased to announce the launch of our popular review of law and practice relating to legal professional privilege in 24 jurisdictions across Europe, the Americas and Asia-Pacific. and Europe we track the most recently imposed Our locations in 31 offices in 21 countries and broader network enable Linklaters' lawyers to advise on multi-jurisdictional projects and transactions across the world. Thе note provides a general overview of Russian merger control rules as well as key foreign investment control rules and restrictions, covering, in particular, scope of Russian merger control, process and result of review of the application, liability for failure to obtain merger control clearance, scope of foreign investment control Mar 31, 2015 · A fortnightly round-up of real estate news, legislative amendments and court practice May 22, 2020 · Although most Russian institutions and organisations have recently switched to remote working, businesses continue to make contracts. Linklaters is among the most prominent legal advisers to Russian state-backed companies. A recent ruling by the Supreme Court of Russia (case no. Russia - Real Estate Update - 10 October A fortnightly round-up of real estate news, legislative amendments and court practice Would you like to continue reading? Nov 25, 2021 · The Russian foreign investment regime continues to evolve and sharpen, and a number of legislative amendments have come into force over the past months. The Supreme Arbitrazh Court of the Russian Federation issued significant judgments on the right to unilaterally terminate an interest rate swap agreement and to issue and interpret bank guarantees. Some of these address regulators’ longstanding concerns, aiming to tighten the regime in certain industries which have proven over the years to be critically important for Russia but A fortnightly round-up of real estate news, legislative amendments and court practice Mar 2, 2022 · Linklaters and Allen & Overy have issued statements condemning the Russian invasion of Ukraine seven days after the initial assault on the country by Vladimir Putin’s troops. Ilia studied law at the London School of Economics and Political Science. Bringing you industry and legal updates on the issues that affect you, wherever you do business. Singapore. On 28 May 2021, a judge of the Supreme Court of Russia upheld the previous judgments in favor of our client. 14024 has been a key source of authority for U. Ilia specialises in energy and natural resources transactions in the emerging markets, focusing on energy, including energy transition & infrastructure financings. Mar 7, 2022 · LONDON, March 4 (Reuters) - London-founded global law firm Linklaters plans to wind down its operations in Russia and close its Moscow office following Russia's invasion of Ukraine, it said on Mar 3, 2022 · As the conflict in Ukraine has developed, so has the package of sanctions imposed by governments across the world on Russian entities and individuals. In this document we consider the execution of Russian law-governed contracts by way of exchange of electronic documents (absent e-signature) and propose practical solutions on how such contracts could be made. Images are still loading please cancel your preview and try again shortly. Because of the pandemic situation and the measures in response being taken by governments around the world, it may be impossible to notarise and apostille a document due to the imposed restrictions. In this webinar, experts from our Litigation, Arbitration and Investigations team, along with experts from our Corporate transactions team, will examine: the challenges faced by companies seeking to exit Russia or exit contractual relationships with Russian counterparties, and the options available to such companies; A number of Russian parties have recently filed (or threatened to file) claims in the Russian Courts, notwithstanding arbitration agreements in the underlying contracts providing that claims must be exclusively submitted to arbitration. The Linklaters Training Contract. sg. O. May 15, 2015 · A fortnightly round-up of real estate news, legislative amendments and court practice Feb 7, 2024 · It is nearly two years since Russia invaded Ukraine and governments across the globe responded by imposing a raft of financial and trade sanctions on Russian entities, individuals and supporters of the Russian regime. On Friday afternoon, Linklaters, founded in London, became the first Oct 15, 2016 · A fortnightly round-up of real estate news, legislative amendments and court practice May 20, 2020 · As Russia continues to plunge deeper into the spread of Covid-19, Russian arbitration community has already reshaped its ordinary life into a new world of handling disputes entirely online. Sep 25, 2023 · Russia related disputes . The provisions for group actions were generally based on US and EU class actions mechanisms but also included features that were unique to the Russian procedure. Dec 23, 2013 · A fortnightly round-up of real estate news, legislative amendments and court practice May 21, 2020 · In light of the Covid-19 outbreak, landlords and tenants need to consider the impact of Covid-19 on their rights, obligations and liabilities under existing leases as well as in relation to proposed new leases. 5% Secured Bonds due 2029, pursuant to Rule 144A in the United States and Regulation S outside the United States. In our third update on sanctions developments across the UK, U. 22 May 2024 . May 22, 2020 · This document briefly summarises the regulations on JSC/LLC corporate bodies’ meetings with an emphasis on the framework around remote participation in, and absentee voting at, such meetings. The Russian foreign investment regime continues to evolve and sharpen, and a number of legislative amendments have come into force over the past months. There is now virtually no economic or business sector which is not affected in some way by the impact of international May 20, 2020 · The Russian courts usually accept a power of attorney issued by a foreign entity if it is notarised, apostilled and accompanied by a certified translation into Russian. After careful consideration of our Russia-related work, our firm has now made the following decisions: We will wind down our operations in Russia and close our Moscow office. May 20, 2018 · British MPs have singled out Linklaters, one of the UK’s most prestigious law firms, for criticism over its work on deals involving Russian companies close to Vladimir Putin. Clifford Chance and Freshfields have failed to Jan 4, 2024 · E. In this case, the Russian courts interpreted the new law and ruled that anti-suit injunctions Class actions were introduced in Russia in 2009 by special procedural rules for dealing with cases affecting the interests of groups of entities and individuals. Linklaters has advised the global coordinators and bookrunners, bookrunners and co-managers in airBaltic’s recent successful offering of €340m 14. Apr 30, 2015 · A fortnightly round-up of real estate news, legislative amendments and court practice Jun 7, 2021 · The Russian courts have resolved the first ever anti-suit injunction case in Russia. As a global law firm, we support our clients in achieving their strategies wherever they do business. nagprmukryuwhzvuxbnj