Sirota&Partners team prepared Information Letter, where we discuss the most important business regulation that has been adopted in Russia in 2024 and the novelties with which 2025 has begun. We will focus on the new risks, primarily in the real estate and construction sectors, that businesses should be aware of when operating in Russia.The following key regulatory developments in the area of legislation and current case law will be examined further:Regulation of foreign business: extending restrictions (Section 1);Land disputes: trends in case law in defense of developers (Section 2);Real estate transactions: new legal risks (Section 3);Construction disputes: novelties of case law in the sphere of evidence (Section 4);Courts and arbitration: rising fees and new restrictions on international arbitration (Section 5).The Information Letter is available at the following link.

We are glad to provide you with our Information Letter, where we discuss the landscape of the most important emergency laws and regulations introduced over past two years in Russia. We concentrate on select risks which foreign business currently faces in Russia. First, we will look at key new terms that have proliferated in Russian law (section 1). Then we will focus on some of the key novelties of Russian business law:corporate restrictions and restrictions on the sale of companies in Russia (section 2);restrictions on payments to foreign counterparties and set-offs (section 3);restrictions on payment of dividends and royalties to foreign persons (section 4);new grounds for introducing external administration over foreign companies in Russia (section 5);restrictions on the export of goods and relaxation of the import regime for certain foreign goods (section 6);new approach to parallel import (section 7);criminalization of the calls to introduce sanctions against Russia and the risks of liability for complying with foreign sanctions (section 8);new grounds to transfer disputes with a foreign element to Russian courts by reference to sanctions (section 9);possibility of opening bankruptcy proceedings against foreign companies by Russian courts (section 10).The Information Letter is available at the following link.