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Soft landing

Russian authorities are once again trying to lower the risk of criminal prosecution against businessmen. In fact, however, the prepared amendments to legislation are likely to aggravate the situation of businesses once again, and it will be even more difficult for the economy to overcome stagnation. Read more
25.04.2016

CEOs eliminated from Labor Code

The Ministry of Justice will make amendments to the Labor code, stating that the companies’ contracts with their CEOs shall be mainly governed by the Civil Code. It will allow to recover full damages from directors - all disputes under such contracts will be resolved by arbitration courts. Read more
22.04.2016

Judgment of The Hague court on YUKOS case unlikely to be revoked

The judgement made by The Hague district court on the case of former YUKOS shareholders may be subject to appeal, but it is highly unlikely to be revoked. “An appeal has already been filed in the Supreme Court of the Netherlands, but the probability of it being satisfied is at a minimum. And everyone understands it”, partner of YUST Law Firm, expert on international law Alexander Bolomatov told TASS information agency. According to the lawyer, the decision may only be...
21.04.2016

Decision of The Hague court on YUKOS case

The Hague district court relieved Russia from payment of $50 billion compensation to former YUKOS shareholders. The court held invalid six arbitration awards of The Hague Court of Arbitration. Ex-shareholders of the oil company intend to defend their claims in courts of higher instances. Read more
21.04.2016

The Hague court versus The Hague court

Russia won an important victory in the legal field. The Hague district court relieved Russia from the obligation to pay $50 billion of compensation to former YUKOS shareholders. Read more
20.04.2016

Public companies equated in dividends

Prime minister Dmitry Medvedev announced the signing of a regulation that raises the bar for payment of dividends by public companies for 2015. This way the government counts on receiving RUB 100 million in the budget. Discussions on the possibility of increasing budget income... Read more

19.04.2016

Income report

The last day to file declarations of individual income tax for the 2015 in local tax offices is May 4, but this deadline is compulsory not for everyone. According to the law, the people who should report their income for the previous year to the tax administration are first of all those who sold or leased any property, won the lottery or games of chance, or received expensive gifts, as well as notaries and attorneys in private practice and private entrepreneurs... Read more
15.04.2016

Customs did not get green light

The Plenum of the Russian Supreme Court discussed a draft decree dedicated to customs law. The Supreme Court presumed credibility of the contract value and limited ungrounded and arbitrary adjustment of goods value by the customs. Partner of YUST Law Firm Maxim Rovinsky discussed with Kommersant-online whether the Supreme Court decree can improve legal discipline among customs officers and help declarants to protect their rights... Read more
14.04.2016

The Legal 500 EMEA rating recommended YUST in four categories

Following the results of the 2016 rating, YUST Law Firm significantly improved its positions and achieved high ranking in the following categories:
Corporate, commercial and M&A: Moscow (tier 4)
Competition (tier 4)
PPP and projects (excluding energy) (tier 3)
Dispute resolution: Litigation (other recommended firm)

13.04.2016

Illegal business in the field of charity

Partner of YUST Law Firm Alexander Bolomatov told “Vesti FM” radio station whether liability for “fake” announcements asking for help is possible
13.04.2016