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23
September
2014

Insurance and reinsurance in the Russian Federation: overview

Market trends and regulatory framework, regulation of insurance and reinsurance contracts and other trends and news in insurance/reinsurance in Russia

22
August
2014

Presidium of the Supreme Arbitration Court “softened” fixed prices

During its entire existence, the Presidium of the Supreme Arbitration Court of the Russian Federation never applied the interpretation of Paragraph 6 of Article 709 of the Civil Code, and literally three months before the termination of its activities, adopted two resolutions on cases, the subject of dispute of which involves the payment of a fixed price. (This legal update is available only in Russian)

Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
1
August
2014

Interchangeability of biologic drugs in Russia. Future challenges for gene therapy

Today most European countries prohibit automatic substitution of biologic drugs. However, it seems not to be the case in Russia. High-cost breakthrough biological drugs are still procured by the state at public auctions under their INNs and not their trade names, which in most of the cases makes biologic drugs of different manufacturers automatically interchangeable. Furthermore, the HCPs in Russia must prescribe the drugs under their INN, unless a healthcare commission decides that no alternative therapy exists for a particular patient (then the necessary drug may be prescribed under its trade name).

30
July
2014

Key changes adopted to the law on concession agreements

The law on concession agreements has undergone a number of significant changes. Currently, there are two main trends in the development of concession legislation: increased sectoral specialization and the synchronization of concession legislation with other branches. (This legal update is available only in Russian)

17
July
2014

Topical issues in real estate, construction and land relations

VEGAS LEX law firm released a collection of publications in the years 2013-2014 on current issues in real estate, construction and land relations. (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner
4
July
2014

LEGAL TWEET # 17 The long-awaited amendments to the Federal Law “On Concession Agreements” was adopted in the third reading

(This legal update is available only in Russian)

3
July
2014

“Unfinished construction” will be taken via court

Federal Law dated 23.06.2014 No. 171-FZ “On Amendments to the Land Code of the Russian Federation and Certain Legislative Acts of the Russian Federation”. (This legal update is available only in Russian)

Igor Chumachenko, Partner, Head of Real Estate, Land & Construction practice
1
July
2014

Experience of the Moscow aviation hub: opportunities and potential for public and private operators of regional airports

The main purpose of this research report is to present the results of the analysis of investment and institutional arrangements for the development of regional airports in Russia, taking into account the experience of preparing the draft project of the Moscow Aviation Hub (MAH) on the basis of concession agreements. (This legal update is available only in Russian)

Сollective of authors, VEGAS LEX
26
June
2014

LEGAL TWEET # 15 System of toll collection for a 12-tonner

(This legal update is available only in Russian)

10
June
2014

Interchangeability of biological drugs. Analysis of foreign experience

We present to your attention a new analytical review “Interchangeability of biological drugs. Analysis of foreign experience.” (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner
16
September
2014

Topical issues of corporate law

VEGAS LEX law firm issued a collection of publications from the year 2014, on current issues of corporate law. (This legal update is available only in Russian)

7
August
2014

Court practice of approving amicable settlement agreements with antitrust authorities

On 18 July 2014, was adopted Resolution No. 50 by the Plenum of the Supreme Arbitration Court of the Russian Federation “On the reconciliation of parties in the arbitration process” (Decree on the reconciliation of parties). In the said Resolution, SAC RF clarified that, inter alia, economic disputes, such as those arising from administrative and other public relations (including anti-trust), may be settled by amicable agreements. (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner
1
August
2014

Private antitrust suits in Russia: current situation and future perspectives

The importance of private antitrust lawsuits in Russia has risen significantly over the past few years. In 2000-2011 such claims were satisfied quite rarely. However, in January 2012, a provision directly entitling to sue a legal entity, which committed an antitrust violation, for damages caused by such violation, was introduced into Russian law. Since that time, the overall number of private antitrust lawsuits filed in Russian courts has substantially increased, as well as the number of satisfied claims.

Alexander Sitnikov, Managing partner
22
July
2014

Challenging cadastral values: current legal positions of SAC RF, and changes to legislation

In accordance with Article 24.19 of the Federal Law dated 29.07.1998 No. 135-FZ, the results of determined cadastral value can be challenged by individuals and legal entities, if the results of determined cadastral value affect the rights and obligations of these entities. (This legal update is available only in Russian)

Сollective of authors, VEGAS LEX
8
July
2014

Ministry of Energy raises the bar for network companies

Pursuant to the Presidential Decree No. 1567 dated 22 November 2012, a strategy was worked out for the development of the electric grid complex of the Russian Federation (hereinafter – the Development Strategy), which places restrictions on the activities of unqualified territorial grid organizations (hereinafter – TGO) through consolidation and the introduction of criteria for the recognition of a legal entity as a grid organization. (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner
4
July
2014

Presidium of SAC RF on major transactions and related party transactions

On 28 May 2014, the Supreme Arbitration Court of the Russian Federation issued Resolution of the Plenum No. 28 dated 16.05.2014, in which SAC RF clarified a number of issues related to the contestation of major transactions and related party transactions. (This legal update is available only in Russian)

2
July
2014

Court sought lost profits from a foreign company, caused by the violation of antimonopoly legislation

On 24 June 2014, Arbitration Court of Moscow decided to recover from a foreign manufacturer of medicines damages in the amount of 408.375 million roubles in favour of their Russian counterpart (Case No. A40-14800/14). (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner
1
July
2014

Parameters for the attraction of extrabudgetary investments into transport and infrastructure projects in Russia: Analysis and Forecast up to 2020

This report “Parameters for the attraction of extrabudgetary investments into transport and infrastructure projects in Russia: Analysis and Forecast up to 2020” has been prepared on the actual (worth hundreds of billions of roubles and more) terms and parameters of attracting private financing for PPP projects. (This legal update is available only in Russian)

Сollective of authors, VEGAS LEX
24
June
2014

Russian court satisfies the claim for recovery of loss of profit from a foreign pharmaceutical company

On 24 June 2014 Moscow City Arbitrazh court satisfied a claim for the recovery of damages in the amount of RUB 408,375,000 from the foreign pharmaceutical company (case No. A40-14800/14).

Alexander Sitnikov, Managing partner
21
May
2014

The practice of judicial review of warnings issued by the antimonopoly authority

On 15 April 2014, the Presidium of the Supreme Arbitration Court of the Russian Federation, examined by way of supervision Case No. A43-26473/2012, and defined the practice, according to which the warnings issued by the antimonopoly authority pursuant to Article 39.1 of the Federal Law dated 26 July 2006 “On Protection of Competition”, had the attributes of a non-normative legal act and thus was subject to an independent appeal procedure pursuant to Chapter 24 of the Arbitration Procedure Code of the Russian Federation. (This legal update is available only in Russian)

Alexander Sitnikov, Managing partner
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