Elizaveta Pastushenko told Vecherniy Petersburg about the nuances of scheduled passport renewal
Despite the active development of digitalisation in Russia, the scheduled renewal of a passport at the age of 20 and 45 still requires compliance with a number of procedures and personal attendance at the competent authorities. Elizaveta Pastushenko, Senior Associate of Private Wealth practice at Maxima Legal, told Vecherniy Petersburg newspaper…
09.07.2024
Natalia Demina explained to DP why Russian courts rejected the couple's lawsuit against the Finnish State Council
In 2017, the Ivanov couple purchased a plot of land with a house in Finland for 180,000 euros, which they subsequently used for holidays. However, in 2022, due to the tightened sanctions against Russia, the couple were denied entry to the neighbouring country. This circumstance forced the Ivanovs to file a lawsuit with the Commercial Court of St.…
25.06.2024
Elizaveta Pastushenko assessed for Pravo.ru what position the Supreme Court of the Russian Federation may take in a dispute over the lawfulness of entering into a gift agreement on the basis of a general power of attorney
This week the Supreme Court of the Russian Federation will review a dispute in which the defendant has deprived heirs of real estate on the basis of a general power of attorney. The power of attorney was issued while the principal was still alive and was later used by the trustee to enter into a gift agreement. The state registration of the gifted…
24.06.2024
Elizaveta Pastushenko was recognised by the second city-wide Rating of Lawyers of Vecherniy Saint-Petersburg newspaper
Elizaveta Pastushenko, a Senior Associate of Private Wealth practice at Maxima Legal, won second place in the Best Young Lawyer category of the second the second city-wide Rating of Lawyers of Vecherniy Saint-Petersburg newspaper. The jury highly appreciated the case in which the expert defended the interests of a client who lost a large sum of…
21.06.2024
Elizaveta Pastushenko told Legal Information Agency about the peculiarities of business inheritance for individual entrepreneurs
Elizaveta Pastushenko, a Senior Associate of Private Wealth practice at Maxima Legal, told the Legal Information Agency whether labour and other contracts concluded by an individual entrepreneur are valid after his death and how such business is inherited. "State registration of a citizen as an individual entrepreneur automatically terminates in…
27.05.2024
78.ru has quoted Maxima Legal's experience in relation to payments under Presidential Decree No. 665
In September 2023, Vladimir Putin signed Decree No. 665 approving the procedure for payments on Eurobonds of the Ministry of Finance depending on the infrastructure through which investors hold them. If through Russian infrastructure, payments are made in roubles through the National Settlement Depository (NSD). Investors holding securities…
22.05.2024
Forbes Russia quoted Sergey Tarasevich's opinion on how to extend the effect of Decree No. 665 to the assets blocked on the SPB Exchange
SPB Exchange said it is discussing with Russian regulators the payment of dividends on foreign securities frozen due to sanctions against the trading floor. The idea is to extend to these assets the mechanism under Decree No. 655, which provides for the payment of income from funds intended for payments to foreigners on sovereign Eurobonds. The…
21.05.2024
Frank Media quoted Sergey Tarasevich's saying amendments to Decree No. 655, necessary to extend it to the frozen assets on the SPB Exchange
SPB Exchange hopes to extend the effect of Presidential Decree No. 665 to the assets of its clients. As a reminder, the directive provides for the payment of dividends and coupons on blocked foreign securities to Russian investors in roubles at the expense of the Ministry of Finance funds intended for payments to foreigners on sovereign Eurobonds.…
21.05.2024
Sergey Tarasevich has commented for RBC on the option of paying investors income on frozen foreign assets being considered by SPB Exchange
Since 2 November 2023, as a result of the blocking US sanctions on SPB Exchange, trading in all foreign assets on the exchange was halted and foreign assets already owned by the investors totalling $3 bn were blocked. SPB Exchange is currently discussing with Russian regulators the possibility of extending to the frozen assets of its clients the…
21.05.2024
Sergey Tarasevich has explained to Cbonds Weekly News whether the position of Clearstream and regulator Euroclear will affect the prospects for the exchange of blocked assets
On 8 May 2024, the deadline for accepting bids for the exchange of blocked assets worth up to RUB 100,000 expired. According to the data of the exchange bidding organiser, the demand for the redemption of assets from non-resident investors exceeded the potential supply of Russians. At the same time, Clearstream depository and the Belgian Ministry…
08.05.2024