Governmental clearance for the purchase of intellectual property assets from “unfriendly” rights holders

22 May 2024

Dear Ladies and Gentlemen!

Please be informed that, as of 20 May 2024, Decree No. 430 of the Russian President introduced a temporary restrictive procedure for the purchase by Russian residents of exclusive rights to the results of intellectual activity and means of individualization from “unfriendly” foreign rights holders (“Decree No. 430”).

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ALRUD Law Firm

Lesnaya st., 7, 12th fl., Moscow, Russia, 125196T: +7 495 234 96 92, T: +7 495 926 16 48, info@alrud.comwww.alrud.ru