Analitics

Since the XXII Winter Olympics and the XI Paralympics will be held in Sochi in 2014, the issue of their legal governance is quite topical for the Russian Federation. The leading International Sports Law Journal published (no. 1/2, 2012) the article “Legal aspects of organization and holding of the Olympic Games in the Russian Federation” by Mikhail Prokopets, head of the Sports Law Practice of the Law Firm "YUST".

Currently the creditor, who has claim rights towards joint and several debtors, faces a number of difficulties when exercising his rights within the framework of bankruptcy procedure. Such difficulties originate from the fact that bankruptcy legislation does not govern such situation specifically. The judicial authorities also apply a variety of approaches. Is the creditor entitled to initiate bankruptcy proceedings against all joint and several debtors or only against one of them? How do the rights of the creditor and of the surety regarding the debtor, who has partially settled the debt, correlate within the framework of bankruptcy proceedings? Specialists of the Law Firm "YUST" – Partner, Advocate Artem Kukin and Lawyer Rodion Smirnov – answer these and other questions in the article “Bankruptcy procedures regarding joint and several debtors” (“Corporate Lawyer” magazine, No. 5, 2012).

An article by Yury Pilipenko, Managing Partner of the Law Firm "YUST", on the necessity to make amendments to the Advocates’ Code of Professional Ethics was published in the New Advocate’s Newspaper No. 10 (May of 2012).

В Российской газете в рамках проекта «Юридическая неделя» (№87 (5760)) опубликована статья юриста Екатерины Шелопиной о последних изменения, которые были внесены в конце прошлого года.

Mikhail Prokopets, Head of Sports Law Group of the Law Firm "YUST", gave to “Sport.Business.Consulting” magazine an interview on the legal details of interaction of sports industry and beer brands to the special legal project of SBC.

An article by Yury Pilipenko, Managing Partner of the Law Firm "YUST", was published by “Novaya Advokatskaya Gazeta” (New Advocate’s Newspaper). A number of legal and other aspects of the situation with the performance by a punk group Pussy Riot in the Temple of Christ the Savior in Moscow are examined in the article.

An article by Advocate Maxim Rovinskiy (as co-author), head of tax and customs law practice of the Law Firm "YUST", on controlled transactions was published in the “Ekonomika i zhizn (“Economy and life”)” newspaper (Accounting Schedule, 02.03.2012, No. 8).

The topic of limiting the number of foreign players in Russian sport gains ever greater popularity each sporting season. Unfortunately, this is to a large degree in response to scandals. Football lovers still have fresh memories of a situation, surrounding the scandal that flared up when Zenit FC violated the foreign-player limit in a 2009 Russian Football Championship match against FC Lokomotiv. Another hot debate, about the value of introducing a Russian Hockey Federation limit on foreign goal-minders, only recently died down.

Laundering of the proceeds from crime is one of the most dangerous phenomena in the framework of the organized crime. The world community is aware of the necessity to take urgent measures to solve the problem.

The global financial crisis has affected the Russian labor market - employers are concerned about their costs more than ever. Obviously, cutting employees’ salaries and eliminating employment positions is the first thing that comes to mind. Basically, employees of financial companies, construction companies, metallurgists, car manufacturers, airline employees, realtors, real estate companies, state employees and service personnel have already entered the list of those suffering from the crisis. According to the Federal Labor & Employment Service (Rostrud), another wave of dismissals is coming. As expected, a major portion of dismissals shall fall in December 2008 and January 2009. By now, about 4,000 Russian companies have declared their intention to reduce personnel. As already mentioned, the main reason behind this is the necessity to cut company costs, including manpower costs.