ALRUD experts held the webinar “Foreign Business in Russia: Practical Aspects of Exit Strategies. Impact of latest Russian counter-sanctions regulations”
On October 6, 2022, experts of Corporate/M&A and Competition/Antitrust Practices held the webinar “Foreign Business in Russia: Practical Aspects of Exit Strategies. Impact of latest Russian counter-sanctions regulations”.
Alexander Zharskiy, Partner and Head of Corporate and M&A Practice, Sergey Khanaev, Partner of Corporate and M&A Practice, German Zakharov, Partner of Competition/Antitrust Practice, Alexander Kleschev, Senior Associate of Corporate and M&A Practice and Anna Grosheva, Associate of Corporate and M&A Practice summarised recent market experience for strategies and options considered and implemented by foreign investors in Russia.
The speakers gave overview of legal and practical aspects that should be taken into consideration, including the following:
- Exit strategies and options;
- Payment of dividends;
- Using cash of Russian companies;
- Liaising with Russian authorities and examples of consents;
- Key aspects and legal effect of Presidential Decree No. 618;
- Legal regime under the Presidential Decree No. 618 and Presidential Decree No. 520;
- Legal and practical consequences of Presidential Decrees violation. Legal initiatives.
The webinar was a great success with the audience.