Insights
Insights
legal updates
10 / 10 / 2023
On 30 September 2023, new restrictions on importing iron and steel products of Russian origin into the European Union and the United Kingdom entered into force. Read more in our legal update.
legal updates
09 / 10 / 2023
On 3 October 2023, the Constitutional Court of the Russian Federation passed resolution No. 46-P regarding the constitutionality of article 131(1) of the Russian Civil Code and article 14(2)(5) of the Federal Law “On the Public Registration of Real Property” in connection with a complaint brought by Ms T. V. Solodovnikova. The importance of this judicial resolution is such that it is only the second time that the Russian Constitutional Court has decided to address the issues of private arbitration. Read further in our legal update.
legal updates
26 / 12 / 2023
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.
legal updates
18 / 09 / 2023
The Subcommission of the Government Commission for Control over Foreign Investment in the Russian Federation established that foreign “unfriendly” shareholders may be entitled to receive profits of Russian companies in circumvention of the special procedure and without the approval of the Ministry of Finance of Russia, subject to certain conditions. Read more in our legal update.
legal updates
15 / 09 / 2023
The GDPR (General Data Protection Regulation) is an EU regulation on personal data protection. One should bear in mind, however, that the GDPR contains quite broad provisions on its extraterritorial applicability. In our legal update we look at common cases where the GDPR can apply to your business.
legal updates
11 / 09 / 2023
On its website, RoskomnadzorFederal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor) has published recommendations for personal data operators based on the findings of an analysis of databases that were leaked into the public domain. At Denuo, we are currently working on the methodology of building such compliance mechanism which should help minimise the likelihood of data leaks. If you would like to receive the methodology and relevant materials, please contact the authors of this publication.
legal updates
08 / 12 / 2023
Venture capital financing affects our lives much more than it may seem at first glance. The companies behind such popular products as Google, WhatsApp, Uber, Zoom, Yandex, Aviasales, Skyeng, Booking and many others once received venture capital investments. This financing mechanism is now the key driver of the modern technological economy.
legal updates
05 / 09 / 2023
legal updates
31 / 08 / 2023
In this legal update, we will outline how the practice of including dividends in the customs value of goods has evolved and changed after the adoption, in the end of 2022 by the Russian Supreme Court’s Judicial Chamber on Economic Disputes, of a number of Rulings in relation to certain cases. We will also suggest recommendations for protecting companies’ interests.
legal updates
30 / 08 / 2023
In its Ruling No. 305-ЭС23-12160 dated 21 July 2023, the Supreme Court of the Russian Federation upheld the position of lower courts that an email address is not personal data. This decision may have far-reaching consequences for businesses, but we recommend taking a more conservative approach.
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