Legal overviews
Mining in Russia is going legal – new bill changes game rules
- Service: Contract Law
- Date: 29.08.2024
Crypto mining in Russia started as a small hobby for a certain small group of people who set up mining equipment in garages and on balconies. In time, the activity attracted more and more attention and today Russia is among leaders in crypto mining. There are even large mining farms in some Russian regions, making use of cheap energy sources. According to Cambridge Centre for Alternative Finance (CCAF), Russia in 2021 held third place among crypto mining countries, exceeded only by the US and Kazakhstan. This makes Russia one of the largest players on the global mining market. Read more about CCAF’s research at https://ccaf.io/cbeci/index.
Options for foreign companies: is there a way out?
- Services: Corporate Law / Mergers and Acquisitions, Contract Law
- Date: 16.03.2022
In the first half of March 2022, the list of Russian “anti-sanctions” measures changed significantly. Current acts of the Russian state authorities in this area are aimed at solving two key tasks, namely, reducing the outflow of foreign currency from the Russian banking system and limiting the exit of foreign investors from Russian assets.
State Duma adopts draft law substantially amending the “financial block” of civil legislation
- Services: Project financing / Public-Private Partnership, Contract Law, Corporate Law / Mergers and Acquisitions
- Date: 26.07.2017
On July 14, 2017, the State Duma adopted in the third reading a Federal Law making amendments to the Russian Civil Code.
How to avoid impairment of consumer rights and penalties. New recommendations of the Russian Supreme Court
- Services: Health Care and Pharmaceutical Industry, Commercial Arbitration and out-of-court dispute resolution, Contract Law, Corporate Law / Mergers and Acquisitions
- Date: 05.07.2017
Supreme Court reveals new signs of consumer rights impairment.
Fee for using another person’s money – new rates to apply soon
- Services: Commercial Arbitration and out-of-court dispute resolution, Contract Law
- Date: 12.07.2016
Use of another person’s money now costs more, but is free by default, and calculation of interest is made simpler.
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.