On 23/03/2022 Russia’s plan to convert all payments for natural gas supplied to “hostile” states from euros and US dollars into rubles. President Vladimir Putin directed Gazprom to execute the change of the currency of payment in contracts with its customers.
The 21/03/2022 issue of the leading Russian business newspaper Kommersant features the article Fate of a Banker, in which Alexander Linnikov and L&P Of Counsel Salimkhan Akhmedov reflect on the controversial practice of bringing ex-managers of credit institutions to subsidiary liability for obligations of bankrupt banks and substantial problems in the application of law that are being unveiled in course of hearing of this complicated category of cases by the courts.
On 02/03/2022 a special procedure for registration real estate transactions that are carried out with persons of foreign states recognized as “hostile” to the Russian Federation.
On 14/03/2022 founder of Linnikov & Partners told the viewers of RUSSIA-24 about the negative impact of EU and US economic sanctions against the Russian Federation on the economies of member-states of the EU.
On 10/03/2022 the Chamber of Trade and Commerce of the Russian Federation (CTC of Russia) announced that the competent territorial Chambers of Trade and Commerce will organize the process of issue of force-majeure certificates for contracts, made in due course of Russian domestic economic activity. It has also been declared that the CTC of Russia will carry out the issue of force majeure certificates for both, domestic and foreign trade contracts, on gratuitous basis from 10 March, 2022 till 30 April, 2022.