Since mid-April, Roskomnadzor (Russian Communications Control Authority) has blocked millions of IP addresses in an effort to block the messenger service “Telegram”.
As a result, a large number of innocent companies’ IP addresses were affected, leading to business losses.
WatersOAG provides legal support to companies whose services remain blocked or who are considering the possibility of seeking compensation for losses due to actions by a government agency.
WatersOAG acted as the lead consultant for a pharmaceutical company with regard to foreign investments from Switzerland amounting to about 2 million US dollars (130 million rubles).
WatersOAG advised participants on key elements of the project, prepared documents, accompanied international signing, and coordinated the approval of investments with government agencies and subsequent registration with the necessary institutions.
The investment was one in a series of projects, in which WatersOAG provided comprehensive legal support for various Russian and foreign companies.
WatersOAG thanks participants of the round table held on 20/04/2018!
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Foreign nationals (non-Russian citizens) who have crossed Russian border in the following cities: Volgograd, Ekaterinburg, Kazan, Kaliningrad, Moscow, Nizhny Novgorod, Rostov-on-Don, Samara, St. Petersburg, Saransk and Sochi (the 2018 FIFA World Cup FIFA) from 25 May 2018 to 25 July 2018 must be registered at the place of temporary stay or constant residence within 3 days. Either the host party, or the foreign citizen personally must complete the registration at the local office of Ministry of Foreign Affairs. Foreign nationals staying at hotels shall seek such registration from the hotels.
These regulations do not apply to foreign nationals who are members of the World Cup, the Confederations Cup, nor do the regulations apply to representatives of FIFA, subsidiaries of FIFA, the confederations and national football associations which are included in the list of FIFA organizations.
The new registration rules are introduced according to Russian Presidential Decree No. 202 “On peculiarities of application of enhanced security measures in the Russian Federation during the 2017 FIFA Confederations Cup and the 2018 FIFA World Cup” dated May 9, 2017.
An interesting decision issued recently by the Moscow Arbitration Court, reinforces the status of crypto currencies in the Russian Federation as being outside of Russia law, which means crypto-currencies are not protected by the state.
Document: Ruling of Moscow City Arbitration Court dated 05.03.2018 in the case N A40-124668 / 17-71-160F.
The Moscow City Arbitration Court did not grant the petition of the financial manager to include crypto currency in the bankruptcy estate. The refusal was based on the following:
The Russian Federation Ministry of Finance and the Central Bank have prepared draft laws that are designed to regulate the status of the crypto currency.
WatersOAG thanks participants of the round table held on 23/03/2018!
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WatersOAG thanks participants of the round table held on 09/02/2018!
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WatersOAG was chosen as the leading consultant in a transaction valued at 6 billion rubles (approx. 107 million USD) wherein a Japanese company contributed to the charter capital of a Russian company.
WatersOAG Lawyers advised participants on the elements of the transaction, prepared documents and coordinated the international signing of documents among other tasks as part of WatersOAG comprehensive legal support services.
New Russian Federation labor regulations effective January 1, 2018.
Starting this year the Russian state labor Inspectorate is applying a risk-oriented approach to the inspections requirement. This means that the labor Inspectorate assigns a certain risk category (such: as: “high-risk”) to the company’s activities. Each category will have a certain frequency of inspections to be performed by the State Labor Inspectorate. Violations in HR records, unpaid wages, fines, accidents, etc. determine the specific risk category.
WatersOAG provides legal support during inspections that conduct state labor Inspectorate.
WatersOAG thanks participants of the round table held on 17/11/2017
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