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“Representations in draft of Civil Code of the Russian Federation”

D. Dzhimbeeva, lawyer

Journal “ Legislation”, 2014, No.2

The issue of representations is current in the light of current reform of Russian civil legislation. The institute of representation, well known to common law countries, is still not present in the Russian law system. So the introduction of special rule on representations would allow for better protection of participants of economic activity. Since application of the new rule is mainly connected with cases of sale of shares or participant interests in Russian economic companies, the issue will be illustrated on example of shares sale and purchase agreement.

At the end of the article the author makes conclusions to include in provision 431.2 the definition ‘representations’ and the order of determining losses caused by false representations given at conclusion of the contract and pre-contractual stage of negotiations.

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“Problems and prospects of international legal regulation of financial markets in the Common economic Space of EurAsEC”
Ilya M. Lifshits, Senior Partner

Magazine “Eurasian law journal”, 2013, No.12

The extent of international legal regulation of financial markets in the Common Economic Space of the Eurasian Economic Community is rather negligible, and the rules are declarative and only the contours of future cooperation.

The author makes a brief overview of the existing international legal regulation of financial markets, comments on the draft Agreement of the requirements for the implementation of activities in the financial markets, endorsed by the Eurasian Economic Commission, and at the end of the article provides the general ideas on ensuring the economic integration. Подробнее >>
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“Mergers and Acquisitions”
Igor Akimov, Partner
Ilya Lifshits, Partner
The magazine “Getting the Deal Through” 2013”
The magazine “Getting The Deal Through”, published in London, released an article written by Igor Akimov and Ilya Lifshits – the Partners of EDAS Law Bureau. The article is devoted to legal regulation of M&A in Russia and deals with the various aspects of such transactions as well as with the latest changes in legislation devoted to corporate law. We attach a copy of the article with the consent of the editors. Подробнее >>
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“Real Estate”
Igor Kurochkin, Partner
Dayana Dzhimbeeva, lawyer
The magazine “Getting the Deal Through” 2014.

Land plot turnover and the unification of regulation on state registration of title and keeping of land and other real estate records remain areas still require improvement, and therefore Russian civil law in this area is continuously evolving. In article the authors present a general description of the real estate regulation in the Russian Federation and provides answers to a wide range of issues that may arise among the participants of this process, including foreign investors. Подробнее >>

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