Insights | Denuo

Non-repatriation of funds and set-off of counter-claims with non-residents

In our legal update we provide an overview of the current rules regarding the non-repatriation of funds under transactions with non-residents in view of Official Clarification of the Central Bank of the Russian Federation No. 11-OR issued on 23 November 2022.

Denuo advises Kismet Capital Group on obtaining regulatory approvals for acquisition of Avito

Denuo has advised Kismet Capital Group, a Russian investment firm, on obtaining regulatory approvals for the RUB151 billion (approximately USD2.3 billion) acquisition of Avito, a Russian classified advertisements website, from Naspers, a South African technology group.

Denuo strengthens its Corporate offering

Denuo announces that Maxim Pogrebnoy has joined the firm as a legal director in its Corporate practice group based in Moscow.

Restrictions on transactions performed with entities of unfriendly” states

On 8 September 2022, Decree. No. 618 of the President of the Russian Federation “On the special procedure for carrying out (performing) certain types of transactions (operations) between certain entities”
was signed and entered into force.

06 / 09 / 2210:30am msk

Recent court practice developments regarding mandatory offers to acquire shares

21 / 07 / 2210:30am msk

Inheritance of rights and obligations arising from share purchase agreements and corporate contracts

Important Amendments to Data Protection Laws

The State Duma has adopted draft Federal Law No. 101234-8 “On. Amending the Federal Law ’On. Personal Data’ and Other Legislative Acts of. the. Russian Federation on. the. Protection of. the. Rights of. Personal Data Subjects” which introduces a. number of. important amendments to. the. data protection laws, and we. would like to. draw your attention to. the most important of. such amendments.

07 / 07 / 2210:30am msk

Impact of sanctions on debt capital markets transactions

23 / 06 / 2210:30am msk

Recent trends in court practice concerning the conclusion and execution of corporate agreements under Russian law

Denuo launches in Russia following separation from DLA Piper

DLA Piper’s Russian practice launches its new brand, Denuo, and starts operating as an independent firm as of 1 June 2022.