Regardless of the current geopolitical background, small and medium business continues to carry on, meeting new challenges and risks. Yet even the simplest and routine procedures in a setting of uncertainty can become a true test. Who bears the risk of the lack of opportunity to use leased property? What should a tenant do in such a situation and how should a landlord react? If a company has no income, can you place a factory/sale worker in idle mode? Finally, what do you do with unpredictable and avalanche-like administrative fines pertaining to a company’s military recordkeeping obligations?

As we wrote earlier, when UBS bought out Credit Suisse shares, it violated the rights of Credit Suisse shareholders by substantially underpricing the shares, and now investors should be entitled to receive compensation.

On August 8, 2023, the “long-awaited” Presidential Decree No.585 was published (in Russian), suspending  a number of double tax treaties. The Ministry of Finance and the Ministry of Foreign Affairs announced plans to suspend double tax treaties back in March.

On Sunday, July 30, Pavel Karpunin and Dmitry Churin, Partners at Capital Legal Services, met with a representative of Markitor, an Algerian consulting firm.

Last week, a two-day Russia – Africa summit was held to “strengthen comprehensive and equal cooperation” between Russia and African nations across all areas of society, including politics, security, economic relations, science and technology, as well as the cultural and humanitarian spheres.

In early July, Pavel Karpunin, Partner at Capital Legal Services, visited Zimbabwe on an important business mission for the firm: Pavel and other delegates from Russia participated in negotiations and conferences dedicated to creation of a free economic zone for Russian business in Africa.

For many years, the Capital Legal Services staff have been taking an active part in the Legal Run charity event, and this year is no exception.

For the fourth consecutive year, Elena Stepanova, Partner and Head of the Real Estate and Construction practice at Capital Legal Services, has been recognized in the CRE 100 rating as one of the most influential people on the commercial real estate market.

The results of the annual national rating Leaders of the Legal Services Market by the Kommersant business newspaper have been published, in which the Capital Legal Services team not only confirmed and improved its positions, but also took new places in the rating