News

Lithuanian authorities to investigate infamous ponzi scheme

The Lithuanian Prosecutor General's Office has started investigating the MMM-2011 pyramid scheme founded by renowned businessman Sergei Mavrodi.

14:38 22.03.2012

President proposes financial ombudsman amendments

The president has ordered the government and the Central Bank to compile a proposal by September 1 on legislative amendments to establish the Financial Stability Council and the position of a financial ombudsman.

14:17 22.03.2012

DVD distributor appeals recovery of $2.37mln

The CP Digital film distributor has filed an appeal against the Moscow Commercial Court's decision to recover from the company $2.37 million for Central Partnership Sales House.

13:54 22.03.2012

Appeal against resumption of Magnitsky's case to be heard on April 3

The Moscow Ostankinsky District Court suspended until April 3 its hearing of another complaint filed by relatives of deceased Hermitage Capital Management Fund lawyer Sergei Magnitsky, against the resumption of a criminal case against him.

12:15 22.03.2012

Khodorkovsky documentary distribution suit to continue on April 16

The Moscow District Federal Commercial Court will hear on April 16 an appeal against the adverse judgment in the lawsuit for $41,000 in damages from RuTube for distributing Andrey Karaulov's film "Khodorkovsky. Pipes/Corpses".

11:45 22.03.2012

Rumors on bribes from influential Russians reach UK Supreme Court

The UK Supreme Court has satisfied the appeal by the Times newspaper, which was earlier found responsible in a libel action brought against it by a Metropolitan Police officer.

10:57 22.03.2012

London court to consider extradition of Russian businessman

The Westminster Magistrates Court in London will consider on Thursday the case on the extradition of former shareholders of Lithuanian Snoras bank.

10:32 22.03.2012

U.S. suspends Bout's sentencing again

The New York court has postponed the sentencing of Viktor Bout until April 5.

10:04 22.03.2012

Commerce Chamber proposes lifetime dismissal for corruption

The Chamber of Commerce and Industry has proposed to impose a lifetime dismissal from office for officials and public servants convicted of serious corruption offenses.

17:58 21.03.2012

Pollution probe in Moscow reveals multimillion damages

Moscow investigators have initiated a case against a company for polluting the environment, which resulted in a multimillion loss.

17:06 21.03.2012

Top news

Russian courts allowed not to implement rulings of Europe's human rights court

Russia's Supreme Court proposed not to implement rulings of the European Court of Human Rights (ECtHR) and the provisions of the European Convention for the Protection of Human Rights and Fundamental Freedoms (ECHR).

12:53 09.12.2025

Redomiciliation stalls: How sanctions are shaping new practices for Russian companies

The mechanism for redomiciliating foreign companies to Russian jurisdiction, in effect since 2018, has recently encountered serious obstacles. Taking into account the background of sanctions-related restrictions introduced in 2022 through 2025, it has become extremely difficult to achieve the goal. The situation gave rise to the phenomenon of dual domicile and led to a rise in the number of new litigations, both in Russia and abroad.

12:32 09.12.2025

Soldiers jailed for killing US journalist Russell Bentley

A military court in Donetsk sentenced three soldiers to up to 12 years in prison for torturing and killing Russell Bentley, a 63-year-old U.S. national who collaborated with Sputnik news agency.

14:05 08.12.2025