24/05/2022 the US Treasury Office of Foreign Assets Control (OFAC) announced that the US Treasury license No. 9C, which allows holders of Russian sovereign bonds to collect payments, will not be extended.
LINNIKOV & PARTNERS. Law Firm.
TERMINATION OF LEASE AGREEMENTS WITH COMPANIES FROM “HOSTILE” STATES
On 24/05/2022 the official Telegram channel of the Russian Government announced an initiative to simplify the procedure for expedited unilateral termination of lease agreements concluded between owners of Russian shopping centres and companies from "hostile” states.
PRIZE OF THE INTELLECTUAL GAMES LEAGUE OF THE RUSSIAN LEGAL COMMUNITY
On 21/05/2022 the Moscow Regional Chamber of Attorneys and the Federal Attorneys’ Chamber of Russia hosted the 8th annual lawyers’ tournament of the sporting version of the “What? Where? When?” intellectual game, dedicated to the Day of the Russian Law Community.
DIAMONDS ARE FOREVER… VAT-FREE?
On 19/05/2022 the Linnikov &Partners team learned about the pending intention of the Ministry of Finance of Russia to propose abolition of the value added tax (VAT) on purchase of diamonds.
ALEXANDER LINNIKOV ON “BELARUS-1”
On 16/05/2022, the Panorama news program on the Belarus-1 channel featured the interview of Alexander Linnikov, in which he told the viewers about the impact of Europeans sanctions on the economies of Russia and Belarus and covered the topic of the so-called sanction boomerang – the radical adverse effect of sanctions on the very states that introduce them.
