Recent Developments of Russian Court Practice on Lease of Real Estate

September 25, 2013

The Supreme State Commercial Court of the Russian Federation (the "Supreme State Commercial Court") issued Decree No. 13 (the "Decree") on 25 January 2013 clarifying certain issues relating to lease agreements. The Decree offers a business-friendly approach when resolving disputes over lease agreements and unifies the position of Russian courts with respect to such matters. This article is a summary of key clarifications, along with our comments and recommendations in light of the Decree.

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