Legal overviews
Crisis management: New Year surprise from Russian lawmakers
- Services: Project financing / Public-Private Partnership, Contract Law
- Date: 29.01.2016
Starting from January 01, 2016, the parties are granted an ability to change under a special procedure the terms of state contracts which expire in 2016. The special procedure is subject to approval by the Russian Government.
Simplified contesting procedure in the areas of construction, organization of tenders and procurement to becomes effective in Russia
- Service: Antitrust Law
- Date: 25.01.2016
Amendments to the Competition Law regarding simplified procedure for contesting in the area of construction are entered into force
Capital amnesty extended until June 30, 2016
- Date: 25.01.2016
On December 29, 2015, a federal law became effective, extending until June 30, 2016 the period for submitting declarations for capital amnesty
Federal Law No.224-FZ “On public-private partnership…” dated July 13, 2015 and regulatory acts specifying certain provisions of the law have taken effect
- Service: Project financing / Public-Private Partnership
- Date: 19.01.2016
Starting from January 1, 2016, Federal law No.224-FZ “On public-private partnership…” dated July 13, 2015 and regulatory acts specifying certain provisions of the law have taken effect
Weak ruble is grounds for amending a lease agreement
- Service: Real Estate and Construction
- Date: 14.01.2016
Court recognizes devaluation of the ruble as reason for amending a lease agreement
List of cases for entering into a life cycle contract is expanded
- Service: Project financing / Public-Private Partnership
- Date: 11.01.2016
Government Decree expands the list of cases for entering into life cycle contracts
Green light for Islamic finance
- Date: 05.01.2016
On December 22, 2015 Dmitriy Savelev, deputy of the State Duma, introduced two bills which, if adopted, will allow the use of certain Islamic financial instruments on the territory of the Russian Federation.
Special considerations adopted for procurement of machine-building products when implementing investment projects
- Service: Project financing / Public-Private Partnership
- Date: 01.01.2016
Certain provisions of the law on procurement can now apply to other legal entities (including commercial entities)
Constitutional Court of the Russian Federation will decide whether to enforce decisions of the European Court
- Service: Commercial Arbitration and out-of-court dispute resolution
- Date: 29.12.2015
Starting from December 15, 2015, the Federal Constitutional Law No.7-FKZ dated December 14, 2015 “On introducing amendments to Federal Constitutional Law ‘On Constitutional Court of the Russian Federation’” entered into effect.
Government Decree adopted regulating procedure for holding negotiations to consider proposal for PPP project implementation
- Service: Project financing / Public-Private Partnership
- Date: 23.12.2015
Rules adopted for holding negotiations between an authorized body, public partner and initiator of a project during consideration of proposal for project implementation to assess its efficiency