Analytics and brochures
There was a rise in bankruptcy in Russia in 2016 and the trend is expected to continue in 2017. At the same time, bankruptcy-related legislation has been significantly amended over past years and there are new changes that will come into force shortly, that are very significant to foreign investors.
Das „Regionale Investitionsprojekt“ als Mittel staatlicher Unterstützung von Investitionen in die Regionen Sibirien und Ferner Osten.
Legal translation can be challenging because certain legal concepts do not always translate well from one language―or jurisdiction―into another. The indirect way of translating a legal concept, plus the necessary explanations to thresh it out, add an added layer of complexity to an already complicated legal process.
Russia continues to reform its legislation by reducing the imperative nature of its regulations and putting emphasis on enhancing the protection of business investments. We hope that this reform will have a positive impact on Russian business as a whole and M&A transactions in particular.
In Russia, commercial disputes can be taken to state courts or arbitration tribunals.
At the end of 2014, part four of the Civil Code of the Russian Federation, which deals with intellectual property, was significantly updated. Since many of the amendments were conceptual in nature, there was a need for a substantial reworking of the regulations at the level of the supervisory authority, the Russian Federal Service for Intellectual Property (Rospatent).