Warranties in Russian M&A transactions (Part 1)

Webinar 1 (6 November 2025)

1. What are Warranties and how should the relevant provisions be formulated in an agreement?
2. As at what dates are Warranties provided?
3. Is it permissible to provide Warranties that will arise in the future?
4. How does knowledge of the parties to an M&A transaction affect the success of a claim in connection with misrepresentations?

Evgenia Kudryashova Legal Director

Elizaveta Silakova Associate

Webinar 2 (early December 2025)

1. Liability of the parties in the event of misrepresentations:
1. What are the consequences of providing misrepresentations under the law, and what does case law say on this matter?
2. How does the recovery of damages for misrepresentations differ from a proportionate reduction in the purchase price?
3. What must be proven when recovering damages/penalties due to misrepresentations?
4. Is it permissible to recover indemnity for providing misrepresentations (to provide warranties on an indemnity basis under Russian law)?
2. Mechanisms for limiting the liability of the parties in the event of misrepresentations:
1. What methods of limiting liability are used in M&A transactions?
2. What do the law and case law say regarding the time limits for filing claims due to misrepresentations?
3. Is there any judicial practice regarding such methods of limiting liability as de minimis and basket?
4. What is the approach of Russian courts to other methods of limiting liability and handling third-party claims typical in M&A transactions that may lead to claims on misrepresentations?
5. Does the concept of a disclosure letter apply under Russian law?

Evgenia Kudryashova Legal Director

Alexandra Cherkevich Associate