Publications
The new Decree of the Russian President of 27.05.2022 № 322 established a special order of payments in favor of some categories of right holders on the obligations in the sphere of intellectual property.
The new Decree of the Russian President of 27.05.2022 № 322 established a special order of payments in favor of some categories of right holders on the obligations in the sphere of intellectual property.
The Decree is largely similar to the previously introduced procedure with the use of type “C” accounts and provides for the transfer of funds for the use of intellectual property in Russian rubles to a special type “O” account opened in the name of the right holder. The withdrawal of funds from the type "O" account to another account of the right holder is allowed only with the permission of the Government Commission.
The rights holders to whom payments must be made under a special procedure include those from unfriendly countries and companies under their control, as well as rights holders who advocated the imposition of sanctions on Russia, rights holders who have terminated, suspended or substantially curtailed their activities in Russia, and rights holders brought to administrative responsibility for discrediting the Russian armed forces or contempt of state power or criminal responsibility for spreading fakes about the actions of the Russian army.
PB Legal | Panin, Bayramkulov & Partners team analyzed the Decree and prepared a review on it, which you can read here.
#ALERTSPB Legal | Panin, Bayramkulov & Partners team presents an updated version of the list of transactions and operations for which permits from the Government Commission, the Bank of Russia and the Ministry of Finance are required.
PB Legal | Panin, Bayramkulov & Partners team presents an updated version of the list of transactions and operations for which permits from the Government Commission, the Bank of Russia and the Ministry of Finance are required. This list of economic restrictions imposed in response to foreign sanctions was prepared taking into consideration the Presidential Decree No. 254 issued on May 4, 2022, recent approvals by the Governmental Commission and is valid as of May 5, 2022.
#ALERTSPB Legal | Panin, Bayramkulov & Partners team achieved in arbitration court the allowance of the claim for compulsion of the joint stock company to holding a special meeting of the shareholders.
On April 28, 2022, the Arbitration Court of the Novosibirsk Region issued a ruling in case No. A45-6357/2022.
PB Legal | Panin, Bayramkulov & Partners team achieved in arbitration court the allowance of the claim for compulsion of the joint stock company to holding a special meeting of the shareholders.
On April 28, 2022, the Arbitration Court of the Novosibirsk Region issued a ruling in case No. A45-6357/2022. The Court allowed our client's claims to compel the joint-stock company Angioline China Distribution to holding a special general meeting of shareholders.
The adopted decision has the great importance for the corporate conflict solution that has been going on for several years. The decisions to be taken at the Special General Shareholders' Meeting will stabilize corporate governance in the joint-stock company and end the internal crisis caused by the actions of the opponents. The position of the court also confirms the unconditional right of the shareholder to demand the holding of a special general meeting of shareholders, which does not depend on the presence or absence of a board of directors in the company.
Alan Bayramkulov, Irina Martvel, and Ilya Kozhinov worked on the project.
#WINSProjects
An appeal in the interests of a creditor (a significant construction company) against a judgment on a claim by an affiliated person against a bankrupt.
Our client is a major construction company that is a creditor in the bankruptcy case of a manufacturing company. In bankruptcy proceedings, the debtor's subsidiary filed claims for more than RUB 700 million.
An action for invalidity of transactions was brought by a minority shareholder of a subsidiary company on its behalf.
Our client is a major construction company that is a creditor in the bankruptcy case of a manufacturing company. In bankruptcy proceedings, the debtor's subsidiary filed claims for more than RUB 700 million.
An action for invalidity of transactions was brought by a minority shareholder of a subsidiary company on its behalf. The plaintiff claimed that the chain of commerce was a cover for another trade that had been made without the necessary corporate approval and was aimed at withdrawal of the company's assets. In court, the debtor agreed with the plaintiff's position, as a result of which the transactions were declared invalid.
The client, as a creditor of the debtor, appealed a judgment declaring the transactions invalid. As part of the case, we analyzed the corporate and commercial relationships between the debtor, its subsidiary, the plaintiff, and other members of their class. As a result of a detailed analysis, we developed a legal opinion that disclosed the nature of the transactions between the class members. The pattern we identified led us to conclude that the funds transferred under the contested transactions remained under the control of the debtor's subsidiary and that the transactions caused it no harm. We also revealed that the contested transactions were aimed at including a creditor "friendly" to the debtor in the bankruptcy case. In addition, we substantiated in detail that the plaintiff had missed the statute of limitations.
Conducting an internal investigation at a major pork producer company in Russia in connection with an outbreak of African swine fever.
Our client is an agro-industrial company in the Tver region, one of Russia's 20 largest pork producers.
The PB Legal team conducted an internal corporate investigation into the legality of the actions of government agencies and company employees during the outbreak of viral animal disease.
Our client is an agro-industrial company in the Tver region, one of Russia's 20 largest pork producers.
The PB Legal team conducted an internal corporate investigation into the legality of the actions of government agencies and company employees during the outbreak of viral animal disease.
Preparation of a legal opinion on the assessment of risks in the application of the creditor’s claims in the debtor’s bankruptcy case.
Our client is a large company established on the initiative of the President of the Russian Federation, which is engaged in the development of investment projects in the regions of the Russian Federation. As a result of the revision of the case under newly discovered circumstances, the client had claims against the debtor.
Our client is a large company established on the initiative of the President of the Russian Federation, which is engaged in the development of investment projects in the regions of the Russian Federation. As a result of the revision of the case under newly discovered circumstances, the client had claims against the debtor.
The PB Legal team prepared a legal opinion assessing the client's risks related to the application claims in the debtor's bankruptcy case, as well as the prospects of satisfying the said claims. The legal opinion also analyzed the procedure for reversing a judgment in a situation where a debtor is declared bankrupt. Based on the results of the analysis, the client was given recommendations in connection with the statement of claims in the debtor's bankruptcy case.