Webinar: 2020 Opportunities and Challenges: Legal Encyclopedia of Russian Life
On October 20th, ALRUD Law Firm held a webinar “2020 Opportunities and Challenges: Legal Encyclopedia of Russian Life”.
During the webinar, ALRUD experts introduced the main trends of modern legal Russian life, by considering the legal consequences of the current crisis due to the pandemic, and discussing the key points, in legislation and in practice, relating to various fields of law and industry.
In addition, the speakers presented typical problems and challenges of commercial contracts. Also, issues related to changes in work regimes and key aspects of HR digitalization were introduced. During the discussion, ALRUD experts described the current legal view on the data protection in relation to the pandemic and evaluated what to expect further on this issue.
Speakers mentioned the trend towards greater control over business, both by the regulators and the public. At the same time, the range of impact of the pandemic, on changes in Russian legal proceedings, was detailed. In addition, new realities for leasing, construction and other transactions were identified. Among other things, ALRUD experts touched upon the legal aspect of taxation in Russia. In particular, the speakers specified new tax conditions for IT companies and described changes in some aspects in the Double Tax Treaties with Russia, which will come into force in 2021.
All listeners of the webinar received answers to their questions from ALRUD experts:
Magomed Hasanov, Partner of Dispute Resolution Practice and Vassily Rudomino, Partner of Antitrust Practice, contributed to the discussions during the webinar. Petrova Anastasia, Senior Consultant of Data Protection and Cybersecurity Practice, Egiazarova Margarita, Senior Consultant of Labor and Employment Practice, Akhundov Teymur, Senior Consultant of Corporate Practice, Boris Ostroukhov, Senior Consultant of Commercial Law Practice, and Stanislav Veselov, Senior Consultant of Real Estate Practice also shared their understanding the modern Russian legislation. Denis Becker, Consultant of Dispute Resolution Practice, and Sergey Artemiev, Consultant of Tax Practice, presented some legal changes in Russia, too.
To apply for a video recording (in the English language), please click here.
ALRUD experts hold leading positions in the Best Lawyers rating
Best Lawyers – one of the most authoritative international legal ratings – has published the results of the Russian legal market research 2021. The rating is based on the estimates of internationally recognized market players.
This is not the first time that ALRUD has taken a leading position in key practices, and this year our experts have managed to expand their presence in the rating.
Maxim Alekseyev, Senior Partner, is the winner of the Lawyer of the Year 2021 rating in the field of business administrative regulation.
For the second year in a row, the labor practice team brings ALRUD the title of the Law Firm of the Year in Russia 2021. This year, Irina Anyukhina, Partner and Head of the Labor practice, becomes the winner of the Lawyer of the Year 2021 in the field of Labor law.
Best Lawyers recommends ALRUD experts in the following fields of law:
Arbitration and Mediation - Vassily Rudomino, Senior Partner, Magomed Gasanov and Sergey Petrachkov, Partners and Dmitry Kuptsov, Senior Associate
Banking and Finance Law - Alexander Rymko, Partner
Capital Markets Law - Vassily Rudomino, Senior Partner and Alexander Zharskiy, Partner
Competition / Antitrust Law - Vassily Rudomino, Senior Partner, German Zakharov, Partner, Ruslana Karimova and Ksenia Tarkhova, Senior Associates, Roman Vedernikov, Associate
Construction Law - Irina Anyukhina, Partner and Stanislav Veselov, Senior Associate
Corporate Law - Maxim Alekseyev and Vassily Rudomino, Senior Partners, Alexander Zharskiy, Partner, Olga Pimanova and Oleg Ezhov, Of Counsels, Sergey Khanaev, Senior Associate, Dmitry Pashkov and Alexander Kleschev, Associates
Corporate governance and Compliance - Alla Azmukhanova, Associate
Criminal Defense - Alexander Mikhailov, Associate
Information Technology Law - Irina Anyukhina, Maria Ostashenko and Anton Dzhuplin, Partners and Ksenia Erokhina, Senior Associate
Insolvency and Reorganization Law - Vassily Rudomino, Senior Partner, Sergey Petrachkov and Alexander Zharskiy, Partners
Intellectual Property Law - Irina Anyukhina and Maria Ostashenko, Partners and Ilya Khodakov, Associate
Investment - Vassily Rudomino, Senior Partner
Labor and Employment Law - Vassily Rudomino, Senior Partner, Irina Anyukhina, Partner, Olga Pimanova, Of Counsel, Margarita Egiazarova and Anastasia Petrova, Senior Associates
Litigation - Vassily Rudomino, Senior Partner, Magomed Gasanov and Sergey Petrachkov, Partners, Boris Ostroukhov, Senior Associate, Denis Bekker, Associate
Media Law - Irina Anyukhina and Maria Ostashenko, Partners
Mergers and Acquisitions Law - Vassily Rudomino and Maxim Alekseyev, Senior Partners, Alexander Zharskiy and Andrey Zharskiy, Partners, Timur Akhundov, Senior Associate
Privacy and Data Security Law - Irina Anyukhina, Partner
Real Estate Law - Irina Anyukhina and Alexander Zharskiy, Partners and Aleksey Kalinkin, Associate
Regulatory Practice - Maxim Alekseyev, Senior Partner and Dina Kravchenko, Associate
Tax Law - Maxim Alekseyev, Senior Partner, Elena Novikova, Of Counsel, Sergey Artemiev, Associate
Technology Law - Anton Dzhuplin, Partner
Telecommunications Law - Irina Anyukhina and Maria Ostashenko, Partners
Trusts and Estates - Kira Egorova, Of Counsel, Ekaterina Vasina, Senior Associate
AIPN and ALRUD Law Firm hosted a seminar on application of the Strategic Investment Law to the oil and gas projects in Russia
The Association of International Petroleum Negotiators (AIPN) and ALRUD Law Firm held a seminar on urgent issues of applying the Law “On the procedure for making foreign investments in business entities, that are of strategic importance for ensuring the national defense and state security” to the transactions and projects in the Russia's oil and gas industry.
Andrey Tsyganov, deputy head of FAS Russia, Vassily Rudomino, ALRUD Senior Partner, German Zakharov and Andrey Zharskiy, ALRUD partners, Ruslana Karimova, ALRUD Senior Associate, together with other representatives of the legal community and heads of legal services of major Russian and foreign oil and gas companies, took part in the seminar.
During the seminar, Andrey Tsyganov spoke about the approaches of FAS Russia to analyzing the deals with foreign investments. The deputy head of the antimonopoly service explained the legal basis for reviewing the deals by FAS Russia, and commented in more detail on the mechanisms for control of foreign investment in strategic economic entities. He explained that the Strategic Investment Law sets certain restrictions upon foreign investors, liability and sanctions for non-compliance with the Law’s requirements, as well as the decision-making process related to the transactions’ review. Andrey Tsyganov also explained in more details the procedure for reviewing the filings by FAS Russia, and reported on the statistics of consideration of the applications in respect of strategic entities, which were submitted to FAS Russia from 2008 to date. In addition, the representative of FAS Russia dwelled, at length, on the oil and gas transactions reviewed by the Government Commission over the past 10 years. He also provided the statistics on the volume of foreign investment in production of fuel and energy natural resources in Russia. The deputy head of FAS Russia concluded his presentation with information about the planned release of the second, supplemented edition of the Commentary on the Strategic Investment Law.
In the second part of the seminar, ALRUD experts and participants had a discussion on the most complex and controversial issues of the application of the strategic investment legislation faced by oil and gas companies, in their mergers and acquisitions, or in creating joint ventures in Russia, as well as ways to resolve a number of problematic issues in this area. In particular, the experts discussed the criteria for assigning the Russian entities to be classified as the ‘strategic’ ones, complex situations of emerging the foreign investors’ control rights in relation to the ‘subsoil strategic companies’, as well as procedural issues of information disclosure about beneficiaries of a foreign investor.
It is very important for all AIPN members, and other business representatives, to understand the clear ‘rules of the game’ when planning the transactions in the oil and gas industry. Therefore, we are grateful to the antimonopoly service for its transparency and willingness to engage in direct dialogue with the business, even on the most difficult aspects of regulation,
said German Zakharov, ALRUD Partner and the moderator of the session, after the seminar
The intense interest of the oil and gas business to the topic of investments in strategic companies, demonstrates the need for further dialogue between the business and the regulator, and clarification of problematic issues that still often arise in practice, in the course of planning such deals. Having extensive experience in advising private and public investors on strategic investments (like China Gold, CEFC China Energy and others), ALRUD experts of Antitrust Practice and Energy, Natural Resources and Infrastructure Practice are ready to provide a full support to the clients on all complex issues of planning and receiving the clearance for the strategic investments in Russia.
Antitrust/Competition experts have prepared a chapter on Russia for Kartell Compliance
Vassily Rudomino, Senior Partner, German Zakharov, Partner, Roman Vedernikov, Associate, and Daniil Lozovsky, Attorney, prepared a chapter on Russia for the 'Kartell Compliance' book. This was published by the German publishing house CF Müller, which specializes in professional literature for lawyers.
The authors reviewed the current Russian antitrust legislation in the area of countering anti-competitive agreements, described responsibilities and investigation procedures in the event of breaches of legislation, and discussed finer points of compliance.
Read more about the book: follow the link.
ALRUD experts act as authors for the Foreign Investment Regulation Review providing the chapter on the foreign investment in Russia
Vassily Rudomino, ALRUD Senior Partner, Ksenia Tarkhova and Ruslana Karimova, ALRUD Senior Associates, Roman Vedernikov, ALRUD Associate, and Anastasia Kayukova, ALRUD Attorney, once again became the authors of the chapter on Russia, for the seventh edition of the book ‘The Foreign Investment Review’, a publication of the Law Reviews.
The Foreign Investment Review is a guide to the current legislation, regulations and practices in the field of foreign investment in key jurisdictions. The annual edition includes materials from leading experts, working for recognized law firms around the world. The Russian chapter addresses the specifics of investment climate, regulatory environment for foreign investments, and the main forms of investment and legal mechanisms for protecting the rights and legitimate interests of investors in Russia.
The full text of the publication is available in English at the following link.