Sergei Bakeshin commented for RBC on what the court's decision to seize shares of the Plant from private investors may be based on
On 22 March 2024, Commercial Court of the Perm Region satisfied the claim of the prosecutor's office to seize shares from all private investors of Solikamskiy Magnieviy Zavod plant (Solikamsk Magnesium Plant). The reason was the illegal privatisation of the enterprise in 1992. The court's decision for the first time also extended to minority…
03.04.2024
Sergey Tarasevich told Cbonds Weekly News what an investor should take into account when exchanging blocked assets
Investicionnaya Palata Broker announced the strategy of accepting bids for the redemption of frozen assets and published the prices from which the auction will begin. As previously announced, the prices are taken from foreign exchanges at the end of trading on Friday, 22 March 2024. It is assumed that foreign investors will buy these assets from…
28.03.2024
Natalia Demina told Delovoy Peterburg about the current peculiarities of property sales abroad by Russians
According to Delovoy Peterburg newspaper, the number of requests from Russians to sell or exchange their foreign property, primarily in Finland and the Baltic Countries, has been increasing recently. Although such transactions are possible in principle today, compared to previous years they have become more expensive and more complexly……
28.03.2024
Sergey Tarasevich has commented to RBC on the presidential decree on the payment of funds from C-type accounts
On 19 March 2024, Russian President Vladimir Putin signed a decree allowing payments on securities of Russian issuers from C-type accounts to Russians and foreign companies controlled by them that are not recognised as persons from "unfriendly" countries, despite their actual registration in such countries. As of the end of March 2023 (the latest…
20.03.2024
For the fifth time Pravo-300 rating included Maxima Legal team in the list of recommended lawyers
Pravo-300, the key Russian legal ranking, has published individual recommendations of lawyers practising in various areas of law. According to the results of the survey for 2023, personal recognition in 11 areas of law was given to 8 Maxima Legal lawyers who played a leading role in the firm's most highly rated projects for the period from…
19.03.2024
Konstantin Boytsov has helped Vecherniy Peterburg to understand the new scheme of maintenance of gas equipment in apartment buildings in St.Petersburg
According to the law, two types of contracts are required for gas equipment: one for the maintenance and repair of intra-household gas equipment and the other for the maintenance and repair of intra-apartment gas equipment. As Konstantin Boytsov, Counsel and Head of Energy & Natural Resources Practice at Maxima Legal, explained to Vecherniy…
18.03.2024
Elizaveta Pastushenko has commented to Pravo.ru on the position of the Supreme Court of the Russian Federation on the use by banks of a foreign passport to identify a citizen
In a dispute that reached the Supreme Court, a bank refused to allow a representative of a current client to open a new account due to the provision of a certified copy of a foreign passport rather than a general civil passport. ThSupreme Court of the Russian Federation emphasised that the lower courts should have established the law that…
22.02.2024
Maxima Legal's official telegram channel was included in the list of the most reputable legal channels
Maxima Legal's telegram channel has been ranked among the Top 100 legal channels and Top 50 corporate legal channels in terms of audience engagement, taking 47th and 28th places respectively. The research was conducted by Veta Expert Group, the Flavita bureau and more than 80 legal market experts. For the first time, about 450 legal telegram…
30.01.2024
Nikita Deynega has commented for RBC on NSD's arguments in the dispute over the legality of sanctions against it
On 23 January 2024, the Council of the European Union and the National Settlement Depository (NSD) exchanged arguments in a dispute over the legality of sanctions against NSD. According to the EU authorities, NSD supports the Russian government, including because it is almost 100% owned by MOEX (Moscow Exchange), which in turn is "highly…
25.01.2024
Sergei Tarasevich discussed with Cbonds Weekly News the changes in taxation of income in the form of material benefit
In 2024, the privilege of exemption from personal income tax on material benefit will no longer apply to investors who purchased a security at a discount of more than 20% from the market price. It is assumed that tax will start to be deducted from the material benefit from the purchase of securities bought this year. However, personal income tax…
20.01.2024