New Counter-Sanctions Regime of Making Payments in IP-Related Agreements in Russia

New Counter-Sanctions Regime of Making Payments in IP-Related Agreements in Russia

31 May 2022

Please be informed that a new Counter-Sanctions Regime of Making Payments in IP-Related Agreements in Russia was established by the Presidential Decree No. 322 dated May 27th, 2022 “On the temporary procedure for fulfilling obligations in respect of certain right holders” (“Decree No. 322”). It came into force on the date of signing.

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Practice: Intellectual Property.

Note: Please be aware that all information provided in this letter was taken from open sources. Neither ALRUD Law Firm, nor the authors of this letter bear any liability for consequences of any decisions made in reliance upon this information.

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