Governmental clearance for the purchase of intellectual property assets from “unfriendly” rights holders
23 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”).
More details here:
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Note: please be aware that all information provided in this letter is based on an analysis of publicly available information as well as our understanding and interpretation of legislation and law enforcement practices. Neither ALRUD Law Firm nor the authors of this letter bear any liability for the consequences of any decisions made in reliance upon this information.
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Sincerely,
ALRUD Law Firm
Lesnaya st., 7, 12th fl., Moscow, Russia, 125196
Т: +7 495 234 96 92, Т: +7 495 926 16 48, info@alrud.com
alrud.com
Т: +7 495 234 96 92, Т: +7 495 926 16 48, info@alrud.com
alrud.com