Insights & News
ALRUD Team supported AGC in a transaction on the sale of Russian assets to a Russian investor
ALRUD Law Firm represented AGC in a transaction on the sale of its two glass manufacturing subsidiaries in Russia (Bor Glassworks and Klin Glassworks)....
6 March 2024Cases
ALRUD team successfully represented the sellers in the sale of Hygienic business to Nevskaya Cosmetics
Hygienic is a major Russian manufacturer and supplier of personal hygiene products with modern production facilities based in the Moscow Region and an extensive distribution network....
27 February 2024Cases
Margarita Egiazarova spoke at the CCI France HR Committee meeting
On February 15, 2024 CCI France Russie HR Committee held a meeting themed: “Recent case law in HR”....
20 February 2024Firm news
Supreme Court Allows Bankruptcy of Foreign Companies with "Close Connection" to Russia
The Supreme Court has considered the Westwalk case and ruled that foreign companies can be legally recognized as bankrupt if there is a “close connection” with Russia. Bankruptcy of foreigners was first commenced in 2016, but for a long was applied only to individuals
14 February 2024Newsletters
Maxim Alekseyev, Boris Ostroukhov and Arslan Maksutov prepared an article for the IBA
[Maxim Alekseyev](https://www.alrud.com/people/MaximAlekseyev/ 'Maxim Alekseyev'), ALRUD Senior Partner, [Boris Ostroukhov](https://www.alrud.com/people/OstroukhovBoris/ 'Boris Ostroukhov'), ALRUD...
9 February 2024Publications
Countersanctions, Foreign Investments, Antitrust and Competition: 2023 Year in Review
The year 2023 was marked by the further strengthening of control over transactions involving the sale of Russian assets owned by “unfriendly” foreign entities, as well as over Russian strategic...
6 February 2024Newsletters
ALRUD team supported Qiwi Plc. on the sale of its Russian assets to management for RUB 23.75 bn
Qiwi Plc. sold its Russian assets to a Hong Kong based Fusion Factor Fintech Limited owned by Andrey Protopopov, former Qiwi CEO. The 23.75 bn RUB transaction was approved by the Russian regulators...
31 January 2024Cases
Highlights of the Three-Year Application of Russia’s Counter-Sanctions Procedural Rules: Extremely Broad Scope and New Challenges for Foreign Business
Dear Ladies and Gentlemen, In 2020, Articles 248.1 and 248.2 of the Russian Arbitrazh (State Commercial) Procedure Code (“APC RF”) took effect to provide additional judicial protection for Russians due to foreign sanctions (restrictive measures). We have addressed these new statutes, their initial application by Russian courts, as well as the precedent-setting Russian Supreme Court ruling in the Uraltransmash v. PESA case in our previous newsletters.
22 January 2024Newsletters