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Termination of the share purchase/sale agreement. Review of practice. What could be the consequences?

A share purchase/sale agreement is a document that regulates and makes legal a transaction for the transfer of rights to shares from one entity to another. Situations when in the process of buying / selling, there is a violation of someone’s rights are not uncommon. In this case, the subject may file a claim with the court to terminate the contract of purchase / sale of shares. In this article, we will analyze in detail the essence of the issue, as well as the order of the process.

Jul, 11 2025
Mergers and acquisitions in investment projects

Investment activity is the investment of capital and other practical actions aimed at making a profit or other economically favorable effects. This is how investment is defined by Russian legislation. The main legislative act regulating this sphere is the Federal law on investment activity, as well as on foreign investment….

Jul, 09 2025
What Changes in Russia from July: Data Localization, Online Courts, and Product Labeling

Starting July 1, 2025, a series of significant legislative changes will come into force in Russia. Key updates include stricter rules for storing personal data, the launch of electronic proceedings for administrative cases, mandatory labeling for new product categories, as well as new auditing standards and financial market regulations. The…

Jul, 09 2025
Registration of LLC in Georgia

Recently, a frequent request of clients is to open a company in Georgia for business opportunities. According to the World Bank’s Doing business report, Georgia is on the 6th place among the countries where it is worth starting a business. In this article, we will look at the existing organizational and legal forms and the procedure for registering a company in Georgia.

Jul, 08 2025
Comparative analysis of categories of Labor contract

The state regulates the relations between the employer and the employee through legislative acts. The highest force of them after the Constitution is endowed with the Labor Code of the Russian Federation. It defines an employment contract as an agreement between an employer and an employee, which regulates their relationship during the validity period of the document. The employer undertakes to provide the second party with the place, means and conditions for carrying out the activities stipulated in the agreement. For the implementation of the functions prescribed in the contract, the employer must transfer funds (remuneration) to the contractor in compliance with the terms and scope.

Jul, 07 2025
Agreement on the establishment of a joint venture. How to conclude a contract that reflects the interests of all parties?

A joint venture (JV) is a special form of business organization created by investors from various industries, countries or different business verticals. The bottom line is that each of the participants attracts assets to the creation of the business, has the right to profit distribution, but is also responsible for possible risks. Thus, a joint venture allows you not just to be partners for income distribution, but to set much more significant goals.

Jul, 07 2025
Resolving labor disputes

At any time, in any country, in any company, a conflict between an employee and an employer may arise, and the reasons for that are rather different. In this situation, both sides seek to protect their own interests using any available legal means. As a rule, the violations of the laws and regulations by one side, misunderstanding of the situation, or some communication errors are the most common causes of conflicts. But in any case, whatever the reasons are, the search for a solution always means the work of specialized lawyers. These specialists can consult both parties and try to find such a solution to the conflict that eliminates the need to bring it to court, but if in case a dispute is being considered before court, lawyers represent their interests there.

Jul, 05 2025
M&A Deals Under Sanctions: Key Risks and Protective Measures

Introduction Since 2022, M&A transactions involving Russian assets have undergone significant transformation. Initially, deals were rushed and executed on an “as-is” basis, but by 2023–2024, agreements became more structured and legally refined. This trend continues in 2025, with parties increasingly relying on classic market protections, complex legal mechanisms, and meticulous…

Jul, 02 2025
Mediation and Pre-trial dispute settlement

Russian legal system provides two main ways of dispute settlement. The main and most frequently used method is a trial settlement of conflicts. However, for a variety of reasons, the second method – pre-trial dispute settlement, is gaining increasing popularity. Its essence is in avoiding of lengthy litigation and related financial, opportunity and other costs.

Jun, 30 2025
Is it allowed to travel abroad or to another region of the Russian Federation with TRP

Temporary residence permit allows foreign citizen to live and work in Russia up to three years. The main advantage of TRP is right to stay in country on legal grounds, work officially and do business.

Jun, 29 2025
Taxation of branches of a foreign company in Russia

Tax liabilities of a branch of a foreign company in the Russian Federation arise in cases when the branch is officially registered in the territory of the country.

Jun, 29 2025
Taxation under an agency agreement with a foreign company

An agency agreement with a foreign company is an important mechanism of cooperation for entrepreneurs seeking to expand their activities outside their country. However, when concluding and executing an agency agreement, it is important to take into account tax aspects in order to avoid undesirable financial consequences. In this article, taxation under an agency agreement with a foreign company will be considered.

Jun, 28 2025
Judicial protection of civil rights

In the process of carrying out a particular activity, legal relations arise between companies and citizens. Sometimes it happens that there are disagreements between the parties to the legal relationship, and disputable situations arise. In order to resolve such situations, the parties to the dispute are often forced to apply to the judicial authorities. The concept of “justice” includes the settlement of any disputes in court.

Jun, 27 2025
M&A and Due Diligence. What are the Difficulties of Due Diligence Merger Acquisition?

Due diligence is the process through which purchasers thoroughly comprehend the target company in mergers and acquisitions.

Jun, 27 2025
Taxation on debt forgiveness by a foreign company

Debt forgiveness, when a lender refuses to repay borrowed funds, is a complex legal and financial issue. If the debt is forgiven by a foreign company, then the taxation of this process may become an object of attention of the tax authorities.

Jun, 27 2025
Taxation when concluding agreements with foreign organizations: what do is important need to know?

The global economy is becoming increasingly integrated, and many companies are looking for opportunities to collaborate with foreign partners. However, taxation when entering into contracts with foreign organizations can be a complex and important aspect that must be taken into account for successful cooperation.

Jun, 26 2025