Insights | Denuo

14 / 0210:30 msk

Matrimonial and family aspects in M&A transactions

Resolution of the Plenum of Russia's Supreme Court on unauthorised construction

In December 2023, the Plenum of the Supreme Court of the Russian Federation adopted a Resolution containing extensive clarifications regarding unauthorised construction. In our legal update, we have highlighted what we consider to be the most useful and interesting provisions of the Resolution.

Venture capital financing: Investor's right to take part in subsequent rounds (pro rata right)

In this issue we will talk about the purposes of granting an investor a right to take part in subsequent rounds (pro rata right) and about its importance to the company raising financing and its founders.

Draft law on reforming the procedure for acquiring large shareholdings in PJSCs submitted to the State Duma

On 25 December 2023, a draft Law was brought in the State Duma of the Russian Federation aimed at improving the regulation of the procedure for acquiring large shareholdings in PJSCs. The authors of the draft law believe that the abovementioned changes will help boost investor confidence in the Russian financial market. Read further in our legal update.

Prohibitions and restrictions on export of certain categories of goods from Russia extended

On 27 December 2023, the Government of the Russian Federation published a resolution introducing a number of amendments to the previous resolutions of the Government concerning the restrictive measures on the export of certain categories of goods and equipment from the Russian Federation. Read further in our legal update.

06 / 0211:00 gst

Real estate in Dubai: market specifics and legal aspects

Extending special anti-crisis measures in corporate law

On 25 December 2023, the President of the Russian Federation signed Federal Law No. 625-FZ of 25 December 2023 “On Amending Article 98 of the Federal Law ‘On State Control (Supervision) and Municipal Control (Supervision) in the Russian Federation’ and Certain Legislative Acts of the Russian Federation”.

19 / 0110:30 msk

Legal advisors’ and auditors’ liability: key issues, Russian and foreign court practice

Venture capital financing: Liquidation preference

In this issue, we will talk about the liquidation preference. This is one of the most critical points for an investor when negotiating with the company raising investments, as this is the setup that lays the foundation for the distribution of funds in the event of a successful or unsuccessful outcome for the company.

New US sanctions: grounds for sanctions against foreign financial institutions and prohibitions on Russian goods

On 22 December 2023, the US Treasury Department announced the extension of sanctions against the Russian Federation and the issuance of three General Licences authorising certain transactions. In our legal update we outline the most significant changes.