Insights

press releases
28 / 02 / 2024
Denuo advises Samolet on bank acquisition in Russia
Denuo has advised Samolet, one of the largest proptech and real estate development corporations in Russia, on the acquisition of Russian commercial bank Sistema from a private owner. The bank had over RUB1 billion in equity capital at the time of its acquisition.
events
15 / 03 / 2410:30am msk
Disclosure of information on corporate agreements: legislative regulation and current issues
legal updates
26 / 02 / 2024
EU adopts 13th package of sanctions against Russia
On 23 February 2024, the EU published new regulations formalising the 13th package of restrictive measures (sanctions) of the European Union.
legal updates
26 / 02 / 2024
US introduces new blocking sanctions against Russia
On 23 February 2024, the US President announced a record number of sanctions against Russia, over 500 new restrictions on Russian and foreign persons. The new sanctions restrictions are for the most part made of blocking sanctions. The US Department of the Treasury’s Office of Foreign Assets Control has published an updated specially designated nationals list.
legal updates
26 / 02 / 2024
UK introduces new sanctions against Russia
On 22 February 2024, the UK announced new blocking sanctions that affected 50 Russian and non-Russian individuals and businesses linked to the Russian defence industry, metals industry, the manufacture and supply of electronics, diamonds, energy trade, etc.
legal updates
19 / 02 / 2024
Redomiciliation of a foreign company to Russia: points to consider
In 2018, the State Duma passed Federal Law No. 290-FZ of 3 August 2018 “On International Companies and International Foundations.” The law gave foreign companies an opportunity to “move” to Russia.
legal updates
13 / 02 / 2024
Court rules in favour of importer on the inclusion of royalties in the customs value of imported goods
In late 2022, the Supreme Court of the Russian Federation set aside two court rulings in favour of importers regarding the inclusion of licence fees (royalties) in the customs value of imported goods. 
In the course of the retrial of the cases, the lower courts ruled in favour of the customs authority and upheld the decisions that royalties shall be included in the customs value. Such approach has become commonly applied to other cases. However, despite the negative practice for importers, in a number of cases participants of foreign economic activity have been able to defend the position that royalties should not be included in the customs value of imported goods. Read further in our legal update.
legal updates
12 / 02 / 2024
Venture Capital Financing. Forming a board of directors
In the venture capital industry, there is a popular saying that the main things to worry about in venture capital deals are money and control. Whereas money implies issues concerning the valuation of a company and the amount of investment, the issue of control is mainly resolved through the appropriate formation of a board of directors. In this issue, we discuss the principles underlying the negotiation of the best model of the board of directors in technology companies.
events
21 / 02 / 244pm get
Best practice expert insights on planning and structuring hotel and branded residential projects in Georgia and beyond
legal updates
05 / 02 / 2024
Investing in Uzbekistan
Our team authored a guide on investing in Uzbekistan which includes guidance with regard to corporate, finance, tax and real estate matters. Follow this link to access your copy.
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