Press centre News

FAS Russia has explained the term “advertiser”

FAS Russia has specified who exactly should be considered an advertiser.

Adaptas tries for a reduction

The Krasnodar company Adaptas (Rus) LLC is seeking, through the court, to have its annual rental fee for use of land in the suburb of Anapa reduced to 14 million roubles, from the current 113 million roubles as stipulated in the investment contract. In November 2015, the court granted the petition of the regional administration for the termination of the lease agreement in connection with non-payment of debts. Until the court rules on the the issue of reduction of the rental fee, the appeal proceedings on the decision on the termination of the lease contract will be suspended.

RBC Forum on “Real Estate in Russia”: RESULTS

How to make money in the new economic reality? Key drivers and new trends in the real estate property market

Supreme Court corrects unexpected error

The first cassation went against established practice

The third was a complete fool

Distributors are faced with new problems in the application of the “odd man out” regulation. They are subject to penalties, if their applications are rejected because of this document more than two times during one quarter. According to FV, wholesalers are so unhappy with the situation, that they have already applied to the Ministry of Economic Development. The ministry has confirmed that this problem is well known to them, and that they have taken a number of steps to address this issue.

Compensation rules found for injunctive remedies

The Supreme Court defined the roles of the applicant, the defendant, and the court

Monopoly on assessments

A draft bill was introduced in the State Duma that would create a state monopoly on cadastral valuation. In case of adoption of this initiative, the right to carry out cadastral appraisals would be given only to state-owned institutions. The prospects and market impact of this bill are discussed by our experts.

Banks will disable remote servicing of companies emerging from “hibernation”

The Central Bank has recommended that banks include a provision in their contracts with companies, allowing for the possibility of denying them remote access to accounts, if the latter had not conducted transactions through their accounts during a prolonged period of time. This initiative, according to most experts, has great chances of a positive outcome, in the context of the fight against withdrawal of capital from the country and money laundering, but there are also those who treat this change with suspicion.

Two major changes in the agro-industrial complex: mandatory complaint procedure and writ proceedings

When the complaint procedure is not mandatory?

How to sue without having to wait an entire 30 days for the counterparty’s answer?

How to collect debts and obtain a writ of execution in just two months?

How many OKVED codes can a company register

How many OKVED (Russian National Classifier of Economic Activities) codes can a company register? And how to determine the value of work in progress? Lawyers answer these questions.

Real Estate 2016

Real estate investing is currently riding a wave of confidence – taking full advantage of a newfound spark in a market that had been posted missing in the years since the global financial crisis. A favoured asset class, real estate activity is continuing at a feverish pace with a number of high-profile deals populating the space. Indeed, the most impressive aspect of the real estate success story over the past 12 months has been the sheer volume of transactions that have taken place; a multitude of deals that have been solid in their conception, as well as smooth in their execution.

In the focus of attention – recipes for survival

The situation on the energy market today is heterogeneous: the market is becoming oversaturated, generation volumes are growing, the demand is going down, and consumers are expecting better conditions, while generating companies are thinking about preserving their financial positions and retaining the profitability of their activities. Domestic power generation finds itself in difficult conditions, when each new step must be well-thought-out, so as not to exacerbate the already difficult situation.

What are the threats posed to business by automatic exchange of financial information with other countries

Last week, the FTS of Russia signed an international agreement on the automatic exchange of financial information. Starting in 2018, the Russian Federation will join the system of automatic exchange of tax information between tax authorities of different countries. This will enable the tax authorities to obtain information on the accounts of taxpayers in over 80 jurisdictions, including offshore ones. We asked the experts their opinions on how this change will affect companies, and when will this take place. 

Supreme Court corrects another mistake in preferential land redemption

Time delays will no longer work

Anti-rating of PPP Journal

World practice and already rich Russian experience, shows conclusively that there are shortcomings in the development of standard PPP projects, which leads to misalignment of the state and business interests, and eventually to the breakdown or dissolution of the contract. With the help of expert editors, the PPP Journal in a kind of an anti-rating, which has gathered the most common mistakes made by public and private parties during the preparation of concession agreements and public-private partnership agreements. 

The Supreme Court admits a sub-statutory penalty

The Supreme Court has corrected appeal and cassation rulings, which allowed the application of reduced contractual penalties