Insights | Denuo

Denuo advises purchaser on obtaining regulatory approval for acquisition of Progress shares

Denuo has advised the purchaser on obtaining clearance from the Federal Antimonopoly Service of Russia for the acquisition of a majority share in Progress, a leading Russian manufacturer of baby food products under the FrutoNyanya brand.

Draft law on the separate form of data processing consent

On 29 October, a draft law was adopted in its first reading on the separate form of consent to personal data processing. According to the text of the draft law, effective 1 March 2025, the consent to personal data processing will have to be drawn up separately from any other information or documents signed or accepted by the data subject.

Russia’s Ministry of Culture proposes to detail the procedure for applying the orphan works law

The Russian Ministry of Culture has prepared draft Government Resolutions intended to detail the procedure for applying the new provisions of the Russian Civil Code.

08 / 10 / 2411:30am msk

Webinar 9: Legal audit of the company’s FEA function — early identification and minimisation of risks

Denuo strengthens its finance practice with appointment of legal director Oleg Ushakov and senior associate Adil Guseynov

Denuo announces the appointment of Oleg Ushakov as legal director and Adil Guseynov as senior associate in the Capital Markets and Structured Finance practice in Moscow.

Denuo named best law firm at 2024 Russia Private Equity and Venture Capital Awards

Denuo has been named the Best Venture Capital Law Firm at the 2024 Russia Private Equity Venture Capital Awards ceremony that took place during the Russian Private Equity Congress and Venture Investors Forum in Moscow.

Rospatent increases fees

By the Resolution of the Government of the Russian Federation dated 18 September, the fees for the registration of intellectual rights and transactions therewith have been increased. In addition, the discount for electronic filing has been abolished and late payment will now incur a fee of double the amount. The changes will enter into force on 5 October 2024.

Denuo strengthens its Finance practice with appointment of Vladimir Dragunov as a partner in Moscow

Denuo announces the appointment of Vladimir Dragunov as a partner and head of Capital Markets and Structured Finance practice. Previously, he was leading the Finance practice at Baker McKenzie in Russia. Vladimir is joining Denuo’s Moscow office with his team.

17 / 09 / 2411:30am msk

Webinar 8: Restructuring of supply and payment chains

Alternative jurisdictions for doing business: hidden pitfalls

In selecting a jurisdiction for transactions, the local tax regime and any restrictions on international money transfers must be considered, and it is important not to overlook special tax requirements and restrictions on transactions with foreign counterparties that are imposed directly by Russian law. Such special restrictions apply to transactions with countries that are “blacklisted” by the Russian Ministry of Finance (Minfin), the Central Bank, the Federal Tax Service and the Federal Financial Monitoring Service. Our team summarizes the restrictions (largely tax-related) that may be imposed on businesses that are residents of blacklisted countries.