Russian Legal Update

October 06, 2011
The third quarter 2011 edition of Russian Legal Update from Dechert’s Russia Practice focuses on recent legislative developments affecting doing business in or with Russia. Articles in the newsletter examine the impact of the UK Bribery Act; suggested amendments to the visa regime; a new law classifying beer as an alcoholic beverage and limiting its sale; the proposed liberalization of the so-called Strategic Sectors Law governing investments by foreign parties in certain sectors in Russia; customs regulations making the customs authorities responsible for reimbursing storage expenses for unjustly retained goods; proposed amendments to the shareholder law facilitating shareholder access to company information; the recent precedent set by the Constitutional Court of the RF allowing real estate disputes to be heard in Russian courts; the amended list of licensable activities and process of control over the licenses; and news from Dechert’s Moscow office.