Entry into law of bundle of amendments to Russian Civil Code — section on private international law
On 30 September 2013, the president of Russia signed into law Federal Law No. 260-FZ on Amendments to Part Three of the Civil Code of the Russian Federation. The amendments introduced by this law are part of ongoing reforms of the Civil Code of the Russian Federation and take effect from 1 November 2013.
This update examines the most important changes introduced by this law to Part Three of the Civil Code, Section VI — Private International Law.
In particular, the changes affect the concepts of ‘overriding mandatory norms’ and ‘public policy’, and determination of the law governing the liability of founders/members for the debts of legal entities, and the law applicable to joint stock companies, proprietary interests, the form of a transaction, rights and obligations under a contract, power of attorney and other agency and obligations arising from infliction of harm (tort) or obligations arising from unjust enrichment…
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