New support measures for manufacturers of medicinal products in Russia

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Is it possible to force a buyer to pay in advance under the contract?

By Sergey Vakhrushev Usually, under the delivery contract, the parties agree on the terms about an advance payment for goods, such provision is aimed at protecting the supplier’s interests. However, the provision about an advance payment has negative impacts for a supplier. The provision about an advance payment results in uncertainty performed by a transaction, […]

Labor “extremism” or how to deal with unscrupulous employee

By Mikhail German Any business activity, one way or another, is connected with the involvement of labor resources, since with the development of the company it becomes impossible to independently perform the necessary functionality. Thus, entrepreneurs and heads of business structures attract employees to perform certain duties, concluding employment contracts.

Doing business in Russia

Let us introduce you this ‘Doing Business in Russia’ publication prepared by GRATA International law firm in Moscow. The information in the brochure is based on theoretical and practical information available as of April 2019. The content of this brochure is intended for foreign businessmen and companies seeking to do business in Russia.

Is Kazakhstan finally ready to attract investments into its electricity sector?

By Shaimerden Chikanayev The capacity market was finally launched on the 1st January 2019 in Kazakhstan to encourage investment for the renovation of old, as well as construction of new, power infrastructure facilities. Because of relevant amendments in the Power Law, all generating companies in Kazakhstan must maintain a specific generating capacity and, correspondingly, the participants […]

Alternative dispute resolution – Arbitration

By Bolormaa Volodya General understanding of the Arbitration: Civil court lawsuits and trials are the traditional method for resolving disputes. However, concerns about court congestion and delays, rising litigation costs, and the negative psychological and emotional impact of litigation have increased the use of alternative dispute resolution (ADR) techniques such as mediation, arbitration etc. Arbitration is one […]

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Plastic ban on 36 major railway stations

On 22 January 2019, the National Green Tribunal, Principal Bench, New Delhi (NGT) in the case of Saloni Singh & Anr v Union of India & Ors (OA No. 141 of 2014) inter alia, directed the Railway Administration, Ministry of Railways, Government of India (Railway Administration) to develop ‘eco-smart stations’ which would serve as model […]

Summary of Guernsey Taxation

This document summarises certain key aspects of Guernsey taxation law for the calendar year 2019. Companies tax resident in Guernsey are subject to income tax on their worldwide income. A company is tax resident in Guernsey if: it is incorporated in Guernsey; it is incorporated outside of Guernsey but is “centrally managed and controlled” in […]

Leasehold market reform on a ground-breaking scale

By Karl Anders, Louise Power, Steve Nixon Walker Morris has monitored and periodically reported on the Government’s review of perceived unfairness within the leasehold market and the potential reinvigoration of commonhold as an alternative to leasehold ownership [1].  On 19 March 2019 the Housing Communities and Local Government Committee (HCLGC) published a report which offers wide-ranging and ground-breaking […]

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By Pedro Simoes Coelho, Carlos Couto The real estate investment trusts (“SIGI”), approved by Decree-Law no. 19/2019 of January 28 (“DL 19/2019”), implemented in Portugal the Real Estate Investment Trusts . However, the national legislature allowed SIGI, in addition to the purpose of the lease, to pursue other forms of economic exploitation of immovable property. […]

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