Natalia Demina has explained to Financial One how to legally deal with blocked assets
In an interview with the Financial One online magazine for financial markets, Natalia Demina, Partner and Head of Private Wealth practice at Maxima Legal, explained what legal measures could help Russian investors to unblock assets placed with the National Settlement Depository (NSD) that have been "frozen" by EuroClear. "From a legal point of…
24.08.2022
Elizaveta Pastushenko has commented on the position of the Supreme Court of the Russian Federation on the restoration of the missed period for acceptance of inheritance in the absence of family or friendship ties with the testator
The Supreme Court of the Russian Federation has considered whether a person who is not a relative and is not bound by any obligation to a testator should maintain relations with him and subsequently bear the risks associated with the absence of any communication. Thus, in one of decisions the highest court stressed that the heir should not have…
24.08.2022
Nikita Deynega has told Finam.ru what Russian investors should do about blocked securities in Europe
Nikita Deynega, Head of Tax & Administrative Law practice at Maxima Legal, has analyzed the situation with the blocking of Russian investors' securities by EuroClear and has spoken about possible ways to solve the problem specially for Finam.ru financial portal. "This spring Russians were faced with the fact that transactions with their…
22.08.2022
Nikita Deynega told Secret Firmy whether it makes sense for Russian investors to sue over the blocking of foreign assets
At the end of February 2022, following the start of Russia's special operation in Ukraine, the EU Council adopted the first restrictive measures against assets of Russian investors located abroad. Among other things, the European depositories blocked about €4.5-7bn held in the accounts of the National Settlement Depository (NSD). In August 2022,…
15.08.2022
Sergei Bakeshin has estimated for Novy Prospect the chances of invalidating the sale of a land plot on Krestovsky Island to Alexander Shestakov
Alfa Faberge, a construction company, which sold a land plot for the construction of a luxury house on Krestovsky Island to billionaire Alexander Shestakov, is seeking to have the deal ruled invalid. The developer cites the entrepreneur's breach of agreements, according to which Alfa Faberge was to remain in the project in the role of a…
11.08.2022
Nikita Deynega helped Pravo.ru to summarise tax results for the first half of the year
The legal portal Pravo.ru has prepared an article in which lawyers talk about the main tax events and decisions in the first half of 2022. Nikita Deynega, Head of Tax and Administrative Law Practice at Maxima Legal, drew attention to the "thaw" in the resolution of disputes regarding the qualification of property as movable or immovable property.…
04.08.2022
Maxim Ali told RAPSI about the amount of compensation for moral damages awarded by the courts
Recently, the problem of personal data leaks has become more and more urgent. For example, in 2019 information about Sberbank cardholders, in 2020 information about Muscovites who have contracted the coronavirus, and in 2022 information about customers of the Yandex.Food delivery service appeared on the web. At the same time, it should be taken…
01.08.2022
Maxim Ali told Delovoy Peterburg whether the rights to software with fragments of open source can be protected
A criminal case under Article 146 Part 1 (copyright infringement) was reopened in Saint Petersburg, in which Leonid Svatkov, CEO of Altel LLC, accuses Pavel Smolensky, a former top manager of the company, of illegally copying software. According to the defendant, the coincidence is explained by the fact that both products contain a large amount of…
29.07.2022
Konstantin Boytsov told CRE about the challenges of terminating rental contracts
At the end of June 2022, Russian President Vladimir Putin signed a law giving owners of retail facilities the right to demand full rents from companies that have suspended operations or are withdrawing from the Russian market or to unilaterally terminate their contracts without penalties. In the autumn the Russian State Duma may also pass a law…
20.07.2022
Sergei Bakeshin has outlined to Delovoy Peterburg the prospects of challenging the results of the expert review of the increase in the cost of state contracts
Last year, the Russian government allowed the cost of state contracts already awarded to be increased by up to 30% of the original estimate due to the rising cost of construction materials. In addition, the possibility was separately established to recalculate the contract estimate for work completed and accepted by the customer in 2021. Thanks to…
18.07.2022