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Special Coverage

Businesses to be saved, not let go bankrupt: prospects of Business Recovery Center

11:59 05/03/2020 A working group on drafting legislative proposals facilitating the establishment of a Business Recovery Center has held its first meeting in the framework of an initiative launched by member of the Federation Council, the upper house of Russia’s Parliament, Maxim Kavdzharadze in 2019.

TOAZ case defendants suspected of attempted bribery of Russian Supreme Court

15:40 30/01/2020 A criminal case over attempted bribery on an especially large scale (part 3 of Article 30 and part 5 of Article 291 of the Criminal Code of the Russian Federation) has been instituted against the beneficiary of Togliattiazot PJSC (TOAZ) Sergey Makhlai, the former chairman of the board of Togliattikhimbank Alexander Popov and the former head of the TOAZ security service Oleg Antoshin. According to the investigation, the suspects intended to bribe judges of the Supreme Court of the Russian Federation for canceling the decision to recover tax arrears from TOAZ.

Gregor Strojin: «Regulation should not inhibit technological development, but address its effects»

16:34 20/12/2019 During its meeting in September 2019, the Committee of Ministers of the Council of Europe set up an Ad Hoc Committee on Artificial Intelligence – CAHAI. The main task of the Committee, which held its first plenary meeting in November, is to examine the feasibility and potential elements of a legal framework for the development, design and application of artificial intelligence, based on the of broad multi-stakeholder consultations and Council of Europe’s standards on human rights, democracy and the rule of law. Gregor Strojin, President of the CAHAI, in his interview to RAPSI provides insight on the approach of the Council of Europe to regulation of artificial intelligence and the existing difficulties.

Christopher Campbell-Holt: “We are ready and able to deliver justice”

12:00 02/12/2019 A unique financial hub was officially launched in Kazakhstan, in July 2018. The Astana International Financial Centre (AIFC) boasts to have its own International Arbitration Centre (IAC) and the English common law Court. Mr. Christopher Campbell-Holt, Registrar and Chief Executive of both institutions, provides insight on how they operate and manage to deal with the local authorities.

Sotheby’s internal correspondence could become object of public scrutiny

13:43 17/11/2019 On November 13, the legal team of Russian billionaire Dmitry Rybolovlev won another important victory over the auction house Sotheby’s. The judges of the U.S. Court of Appeals for the Second Circuit ruled that the attorneys for Rybolovlev are entitled to claim that the auction house Sotheby’s, Inc. produces its internal correspondence as well the other documents for subsequent use in Monaco and Switzerland.

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Top news

Putin approves repayment holidays for citizens, business amid coronovirus crisis

22:04 03/04/2020 Russian President Vladimir Putin on Friday enacted a bill on repayment holidays for citizens, individual entrepreneurs, small and medium-sized businesses drafted over the coronavirus epidemic into law.

Russian President allows for online medicine sale durig emergencies

21:53 03/04/2020 A bill on online sale of pharma drugs during epidemics and emergencies was signed by President of Russia Vladimir Putin into law on Friday.

Russian woman fined $400 for fake coronavirus news

17:32 03/04/2020 A court in Russia’s Chelyabinsk fined a local woman, who had published false information about the number of coronavirus positive people on her VKontakte page, 30,000 rubles ($400).

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