Governmental clearance for the purchase of intellectual property assets from “unfriendly” rights holders

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 was taken from open sources. Neither ALRUD Law Firm, nor the author of this letter bear any liability for consequences of any decisions made in reliance upon this information.

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Sincerely,
ALRUD Law Firm

Skakovaya str., 17, bld. 2, 6th fl., Moscow, Russia, 125040
Т: +7 495 234 96 92, Т: +7 495 926 16 48, info@alrud.com
www.alrud.com
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