Pepeliaev Group advises of the coming into force of Federal Law No. 331-FZ dated 2 July 2021 “On amendments to individual items of legislation of the Russian Federation in connection with the adoption of the Federal Law ‘On experimental legal regimes in the area of digital innovations in the Russian Federation’”. Pursuant to the Law, participants of experimental legal regimes in the area of medical practice, communications and autonomous transport technologies may be granted exemptions from individual legislative requirements.
Pepeliaev Group advises that a Federal Law has been adopted that establishes a procedure for how the register of orders to revoke powers of attorney should be kept and also changes the procedure for how sole members of legal entities should adopt resolutions.
Pepeliaev Group advises that a criminal liability has been made harsher for beneficial owners and other controlling persons, as well as court-appointed administrators for their unlawful activities during a bankruptcy and for deliberate bankruptcy.
Pepeliaev Group advises that a Federal Law has been adopted establishing that a convertible loan agreement can be concluded between a borrower which is a non-public company and a lender, as well as the procedure for converting a loan into a membership interest in the issued capital or shares of non-public companies.
Pepeliaev Group advises that a Law “On amending the Federal Law “On advertising”” has been adopted with regard to setting up a unified information system for keeping a record of advertising on the Internet. An obligation is being introduced for advertising distributors and advertisers to report information regarding Internet advertising to the Federal Service for Supervision of Communications, Information Technology and Mass Media (known in Russian as ‘Roskomnadzor’).
Pepeliaev Group advises that the Ministry of Natural Resources and Environment of the Russian Federation (the “Ministry”) has drafted a new “Procedure for taking an inventory of stationary sources and emissions of pollutants into the atmosphere, adjusting the data of such inventory and documenting and storing data obtained by taking such inventory and making adjustments” (the “Procedure”).
Law firm Pepeliaev Group advises that Federal Law No. 107-FZ “On amending article 1360 of Section Four of the Civil Code of the Russian Federation” (the “Law”) was adopted on 30 April 2021, which has introduced the following amendments to article 1360 of the Civil Code.
Pepeliaev Group advises that the Constitutional Court’s Resolution No. 15-P was published on 26 April 2021. The Resolution determines whether the only residential property should be excluded from the bankruptcy estate where such property belongs to an individual debtor and exceeds the property that is reasonably sufficient for satisfying the need for residential property established by the Constitution.
Pepeliaev Group advises that on 30 April 2021 Federal Law No. 128-FZ “On amending the Federal Law “On the fundamentals of health protection in the Russian Federation” and articles 12 and 22 of the Federal Law “On licensing individual types of activity” was adopted, which substantially amends the regulation of the circulation of medical products.
A precedent-setting project of Pepeliaev Group: The Supreme Court has considered for the first time a case regarding the possibility of the withdrawal of a claim by a bankrupt debtor being challenged as a transaction.
Pepeliaev Group has joined international employment law association L&E Global
Pepeliaev Group at the St. Petersburg International Legal Forum 9 ¾: summary of events
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