Russia
On 14 December 2022, the HR Committee of the American Chamber of Commerce met to exchange ideas and information on human resources development and management and to discuss labour law, tax and migration legislation and other issues affecting the field of human resources management.
Anastasia Petrova, Of Counsel in ALRUD Labour and Employment Practice, spoke at the meeting on “Legal aspects of employee relocation: Russian employment law perspective”
Russia
On December 6, 2022, AmCham Russia's Legal Affairs Committee held to discuss the key legal risks for companies to consider when leaving Russia.
Daniil Petrukh, ALRUD Senior Associate, Advocate, acted as a guest expert. In his speech Daniil addressed bankruptcy related risks for the shareholders and local management due to withdrawal from the market.
The Legal Affairs Committee focuses on the analysis of legislative and legal issues influencing the investment climate in Russia
Russia
On 7 December 2022, the 15th Annual Conference of the AEB Migration Committee took place, where Margarita Egiazarova, PhD, Senior Associate of ALRUD Labour Practice, gave a speech on “Challenges of relocation of HQS considering the need to maintain their labour relations”.
Margarita spoke on labour and migration risks faced by companies whose foreign experts moved abroad
Russia
On December 6, Andrey Zharskiy, ALRUD Partner, Head of Real Estate, Energy, Natural Resources & Infrastructure Practices and Co-Head of Crisis Management, Economic sanctions and Compliance Practice, Stanislav Veselov, of Counsel , Alexander Shipilov, Senior Associate, Vladislav Soloviev, Associate and Sabina Idrisova, Associate, held the webinar “Retail companies’ exit from the Russian market: general strategies and lease issues”
Russia
On December 1st the Labour Practice team successfully proved the success of a 9 month complicated redundancy case involving the dismissal of a protected election commissioner employee in the Fourth Court of Cassation of General Jurisdiction.
ALRUD team working on the project included labour dispute experts Margarita Egiazarova, Senior Associate, PhD and Ekaterina Bronitsyna, Associate, as well as Anastasia Petrova, Labour and Employment Practice Of Counsel of ALRUD
Russia
ALRUD specialists advised on the sale of VimpelCom by the global digital operator VEON to the Russian top management.
ALRUD team provided comprehensive legal support for the preparation of and agreeing on the transaction documents.
According to the transaction documents, VEON will receive a total consideration in the amount of RUB 130 billion. The transaction is expected to be closed not later than 1 June 2023
Russia
On 9 September 2022 Alexander Zharskiy, Partner, Head of Corporate and M&A Practice, spoke at the webinar of the Association of European Business on “Crisis Update: Sanctions and Countermeasures. Session on M&A”. This session was dedicated to M&A: transaction trends 1h2022 & outlook 2h2022. Alexander spoke on “Key deal terms on the exit of international companies from the russian market – fire sale specifics”. More information about the event can be found here
Russia
In course of regular update on Russian counter-measures, we would like to inform you that on May 11, 2022, in compliance with the Presidential Decree No. 252 “On Application of Retaliatory Special Economic Measures in response to Unfriendly Acts by Certain Foreign States and International Organizations” dated March 3, 2022 (“Decree No. 252”), the Government of the Russian Federation has issued the Order No. 851 “On Measures to Implement the Decree No
Russia
The current challenging time make businesses think about adopting or redesigning their long-term incentive programs, to motivate and keep talents and key team members onboard, especially those involved in key projects or organizational changes. This unquestionably requires particular focus on local legal framework, including securities, tax, exchange control issues
Russia
On October 14th, Dina Kravchenko, Associate of ALRUD Regulatory Practice, spoke at the webinar 'Food & Beverage Advertising Regulation in Europe, the Middle East & Africa'.
Experts from Russia, Turkey, Portugal, Poland and South Africa discussed topical issues of regulation of food and beverage advertising and the impact of the regulation on the marketing of this category of goods. The webinar scrutinized recent precedents and legislative developments
Russia
The Eurasian Data Protection Congress was held from October 20 to 22, 2021. This is the first privacy event organized by different professional communities and associations across the globe.
Reports and discussions with experts from more than 15 countries were organized within the congress. The experts were lawyers, entrepreneurs, privacy specialists, IT specialists, business consultants, representatives of human rights organizations
Russia
On October 19, ALRUD Law Firm held a webinar “Localizing the presence of IT companies”.
This summer, the so-called 'Landing Law' was adopted and came into force (i.e., Federal Law dated 01.07.2021 No. 236-FZ 'On the activities of foreign entities in the Information and Telecommunication Network 'Internet' in the Russian Federation')
Russia
ALRUD’s lawyers successfully represented a longstanding Czech client: the glass equipment manufacturer Sklostroj Turnov CZ, s.r.o., in a dispute amounting up to 43 million euros, under a complex supply contract, in the Russian Arbitrazh Court.
Russian company ??? «OMSK-STEKLOTARA», a buyer under the contract, filed a claim for recovering the advanced payment under the contract from Sklostroj Turnov CZ, s.r.o
Russia
ALRUD Law Firm, participating as the part of the international team of lawyers and investigation experts, provided support to the Client, a global provider of engineering and construction solutions to the energy industry, in a major anticorruption investigation into its top managers of its Russian operation. This was in connection with the requirements of the US Foreign Corrupt Practices Act, which has extraterritorial effect (FCPA)
Russia
Our Client faced blockage of its app, due to the distribution of unregistered dietary supplements. ALRUD was engaged for the matter following the coming into force of the court judgment, on the blocking of the mobile app.
The matter was complicated by the fact that the Roskomnadzor continuously blocked not only the mobile app, indicated in the court judgment, but also the official website of the Client, even though no prohibited information was located on it
Russia
Over a period of several years, ALRUD has participated in an integrated project on forming a comprehensive compliance system for the largest Russian private charity foundation, from a Code of Business Conduct to instructions on working with certain documents. ALRUD participated both in compliance matrix and document structure development, and in its implementation, refining and subsequent improvements
Russia
For many years, ALRUD’s tax specialists have been advising Mastercard Europe SA and its Russian subsidiaries of the international financial corporation MasterCard on Russian tax and currency regulation
Russia
Specialists of ALRUD Tax Practice advised NHL Enterprises, Inc., which represents one of the first and most-prestigious professional hockey leagues in the world – NHL, in the course of coordinating an agreement with the Russian media giant, Yandex, to broadcast three seasons of NHL games.
The deal, closed in the fall of 2019, has become one of the most progressive and innovative in the field of sports broadcasting in Russia in recent years
Russia
ALRUD Law Firm acted as a legal counsel of Sberbank in relation to the acquisition of 50% of shares minus 1 share in JSC New Investment Holding, from AFK Sistema. This is a joint venture established to acquire the Nearmedic Group of Companies, which operates in pharmaceuticals industry, biotechnology, and medicine in Russia and Italy
Russia
On September 23th, the event of the AEB Real Estate Committee took place, at which Stanislav Veselov, ALRUD Senior Associate of Real Estate Practice, spoke on the topic: “Legal issues of inseparable improvements: approaches to the definition, contractual practices”
Russia
On September 22nd, the 13th ABA Annual Conference on the Resolution of CIS-Related Business Disputes was held, organized by the American Bar Association (ABA) with the support of the Arbitration Association
Russia
On September 21st, the experts of Labour and Employment Practice of ALRUD Law Firm opened a series of online events, prepared specifically for members of Coleman Services Industrial and HR Clubs, by holding a webinar "Compliance in the Workplace: Legal Ways of Ensuring, Investigating of Unfair Actions, and Liability Issues". The ALRUD experts at the event were Irina Anyukhina, ALRUD Partner, and Anastasia Petrova, ALRUD Of Counsel
Russia
Anton Karpenko, ALRUD attorney, wrote an article for the Global Advertising Lawyers Alliance blog. The article is devoted to the theme of Landing of the International IT Companies in Russia. In recent years, Russian State authorities have been greatly concerned about the efficiency of enforcement measures, imposed on foreign companies which have no legal presence in Russia. In practice, the only available measure was blockage of the company’s web resources
Russia
ALRUD Law Firm is advising Uber on the sale of shares in Yandex.Eats, Yandex.Lavka, Yandex.Delivery, as well as in the Self-Driving Group businesses to Yandex. Partners of Uber and Yandex will continue to jointly develop services for ordering taxis, car sharing, and renting scooters, within the Yandex Taxi group of companies. The total value of the transaction is amounted to US$1bn. Uber will also sell Yandex a 4.5% stake in the joint venture
Russia
For the 13th Annual IBA “Mergers and Acquisitions in Russia and CIS” Conference, the world's leading experts in economics and law will gather from around the globe and discuss the latest emerging developments and hot topics in Russian and CIS M&A law.
The event is scheduled for 26th November 2021