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Navigating through Covid-19

The Russian legal Hub

Navigating through Covid-19: The Russian legal hub

Coronavirus disease 2019 (Covid-19) was declared a public health emergency of international concern by the World Health Organisation on 30 January 2020. It has required governments and healthcare systems to respond swiftly, and in a coordinated way, to ensure that they are properly mitigating and responding to the rapidly changing situation whilst maintaining the wellbeing of their citizens.

Our clients have been assessing, on a continuous basis, how to address the threat posed by Covid-19 on their workforce, customers, suppliers and wider stakeholders. We highlight some of the key issues that might affect your business in Russia, as well as possible solutions, in light of growing Covid-19 concerns and imposed governmental measures.

Our publications are relevant as of their dates. While we will endeavour to keep our publications as up to date as possible, we do draw your attention to the fact that the situation is changing rapidly – please speak to the contacts listed in the relevant publication or to your usual Linklaters contact to obtain the most up-to-date information. 

Stay tuned for further updates.

Recent Covid-19 related publication

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Virtual signing of Russian law-governed contracts

Although most Russian institutions and organisations have recently switched to remote working, businesses continue to make contracts. We have proposed practical solutions on how such contracts could be made.

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hands

Impact of the 2020 crisis on Russian M&A deals

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Meetings

Meetings of corporate bodies of Russian LLCs and JSCs

The season of annual general shareholders’ meetings is approaching. What are the regulations on such meetings?

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Corporate

Support measures for businesses in Russia

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Moscow

Bankruptcy moratorium in Russia

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russia

New law on changes to corporate legislation

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Moscow

Covid-19: Foreign POAs in Russian courts

Due to the Covid-19 outbreak and the restrictions imposed by governments around the world, it may be impossible to get POAs notarised and apostilled. We have gathered recommendations in this regard. 

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Moscow

Limitations on operation of Russian courts

From 19 March 2020 to 30 April 2020 the operation of the Russian courts will be limited to emergency actions only. We have summarised the key provisions of this new regime.

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Kazan Cathedral

Key developments in Russian employment law

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Russia

Real Estate Q&A on Covid-19 issues

We have prepared a Q&A document, which provides answers to some of the key Covid-19-related issues affecting landlords and tenants.

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Kremlin

Covid-19-related measures by Russian arbitral institutions

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Impact of Covid-19 on commercial contracts

In light of the rapidly changing Covid-19 situation, we have collected principles of potential relevance to a variety of commercial contracts.

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Covid-19: A Moscow guide to significant commercial and legal issues

This guide offers some practical guidance around how organizations might approach the impact of Covid-19 from a governance and risk perspective, together with some answers to some of the legal questions which we have been receiving over the last few weeks.

Operational resilience

As Covid-19 continues to spread across the region, the likelihood of your organisation being directly impacted by the outbreak (e.g. an infected customer, employee, etc.) also increases. Each organisation should ensure it has in place a robust organisational resilience plan which addresses the following issues.

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Government support measures

Over the past few weeks, a wide range of support measures have been introduced by the Russian state authorities to help businesses prevent or mitigate the negative consequences of the COVID-19 outbreak. We have summarised the key support measures below.

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Workforce wellbeing

Over the past few weeks, a wide range of regulatory measures has been introduced to manage employee exposure to the virus in the workplace.

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Managing commercial relationships

In most situations, the first thought of a good contract manager or counterparty is to seek to resolve commercial contract disputes via ingrained contract governance procedures or to negotiate a commercial settlement.

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Meetings of corporate bodies of Russian LLCs and JSCs

The uncertainty of the current situation involving COVID-19 and the restrictive measures impacting the freedom of movement are affecting the practicality of hosting meetings of corporate bodies of Russian limited liability companies and joint stock companies. This is particularly important given the approaching season of annual general shareholders’ meetings of companies and that shareholders question whether it is safe or possible to attend meetings due to quarantine regulations and limited transportation options between countries.

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Crisis management

Each organisation should have in place a crisis management policy to ensure that key employees and management are familiar with its operation.

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Financing issues

In this section we have covered the following questions: the insolvency moratorium, the virtual signing of contracts and the simplified procedure for direct issuer buybacks.

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Click here to read and download the full guide

 
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