05 / 07 / 23
In this legal update, our team addresses current trends in the development of court cases related to charging agency VAT additionally on the customs value of goods, and gives recommendations regarding the mitigation of the related risks.
27 / 0710:30am mskRecent trends in court practice concerning the conclusion of corporate agreements under Russian law
01 / 07 / 23
On 30 June 2023, amendments to The Russia (Sanctions) (EU Exit) Regulations 2019 entered into force. The amendments to the Regulations prohibit UK Persons who are UK lawyers from providing legal advisory services to clients who are not UK Persons (ie, not only Russian clients), and in respect of certain financial or trade activities prohibited by UK sanctions.
30 / 06 / 23
On 23 June 2023, regulations formalising the European Union’s “Eleventh Package” of restrictive measures were published and entered into force.
26 / 06 / 23
On 23 June 2023, legal acts formalising the “Eleventh Package” of European Union restrictive measures were published and entered into force.
22 / 06 / 23
For the seventh consecutive year, Denuo’s team has taken part in the International Charity Legal Run. The donations collected during the event were transferred to support the wards of the Podari Zhizn charity foundation which helps children, teenagers and young adults up to the age of 25 with various forms of cancer, serious blood disorders and other life-threatening diseases.
20 / 06 / 23
Case law has undergone significant changes since the end of 2022 when the Supreme Court of the Russian Federation issued rulings on disputes between Bershka CIS LLC, Pull & Bear CIS, LLC and the customs authorities over the inclusion of intragroup licence payments in the customs value of imported goods.
14 / 06 / 23
On 9 June 2023, the Council of the European Union announced that it had finalised the text of the Directive on the definition of criminal offences for the violation of EU restrictive measures (sanctions). Once adopted, the Directive will become an important tool for enforcing EU sanctions.
08 / 06 / 23
On 5 June 2023, the Council of the European Union amended the criteria for imposing blocking sanctions on Russian persons. The Amendment applies to businesspersons operating in Russia and their associates.
06 / 06 / 23
Denuo has advised Smart Service, a Russian operator led by Konstantin Kotov and Andrey Oskolkov, on the acquisition of KFC’s business in Russia from Yum! Brands, a US fast food corporation. Mr Kotov and Mr Oskolkov already own Food Service, a Russian operator of more than 40 KFC franchise restaurants.
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