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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.
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.
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.
Disclosure of information on corporate agreements: legislative regulation and current issues
We are pleased to invite you to a webinar where we will discuss matters related to the disclosure of information on corporate agreements.
Denuo ranked among 2023 top ten M&A advisors in CEE by Mergermarket
Denuo is at ninth place by M&A deal count in Central and Eastern Europe according to the Mergermarket Global and Regional M&A Legal Advisory Rankings for the full year of 2023. Denuo remains the only law firm with Russian presence ranked in the report.
Resolution of the Plenum of Russia's Supreme Court on unauthorised construction
In December 2023, the Plenum of the Supreme Court of the Russian Federation adopted a Resolution containing extensive clarifications regarding unauthorised construction. In our legal update, we have highlighted what we consider to be the most useful and interesting provisions of the Resolution.