Corporate law / M&A
Alerts
Pepeliaev Group advises that a legislative ban has entered into force for Russian credit institutions to complete operations aimed at accepting money from foreign payment operators as well as to perform international payment transactions involving foreign payment systems that do not comply with Russian legislation.
Pepeliaev Group has drafted a list of key questions that companies registered as limited liability companies should focus on when they plan to hold a general meeting of members in absentia, i.e. using what is known as the 'absentee voting' procedure. Further, we propose for consideration some recommendations that will help you to avoid any potential adverse effects, including the invalidation of resolutions adopted using absentee voting.
Pepeliaev Group advises that the legislation on combating the legalisation of the proceeds of crime has been amended in connection with registrars being granted permission to remotely open and maintain personal accounts of owners of securities.
Pepeliaev Group advises about a planned experiment in the Russian Federation with the use of electronic documents associated with employment relationships.
Pepeliaev Group advises that on 24 April 2020, in its Resolution No. 576 the Government approved the rules (the “Rules”) for granting free-of-charge governmental financial aid (the “subsidy”) to small and medium-sized enterprises (the “SMEs”) from the most damaged branches of the economy; SMEs will be able to use the subsidy for the partial compensation of their current expenses including on paying out salaries to their employ
Pepeliaev Group advises on the rules for identifying entities with respect to which the moratorium on bankruptcy was enacted in the light of the coronavirus COVID-19 pandemic, and concerning certain types of transactions which such organisations have no right to enter into while the moratorium is in force.
Pepeliaev Group advises that, against the backdrop of the coronavirus COVID-19 pandemic, the Russian Government has established in 2020 new features of licensing, accreditation, evaluation and other procedures related to a company’s activities that require a permit.
On 21 April 2020 the Praesidium of the Russian Supreme Court approved Review No. 1 of individual issues of case law associated with the application of legislation and measures to prevent the spread of the new coronavirus infection (COVID-19) in the Russian Federation.
Pepeliaev Group advises of changes in the work of the tax authority's “State registration of legal entities and individual entrepreneurs” service.
Pepeliaev Group advises of changes to a number of legislative provisions that we expect to be adopted to regulate a simplified procedure for acquiring the placed shares of a public limited liability company during the COVID-19 pandemic.
Pepeliaev Group advises about the changes to a number of legislative provisions to be adopted that stipulate the specifics of the regulation of corporate relationships of business companies in the situation of the COVID-19 pandemic.