On 19 June 2020, a new Russian law (known as the “Lugovoy Law,” named after its author ) enters into force, introducing a number of changes into the Russian Arbitrazh Procedural Code. Most important, Russian state commercial courts (also called “arbitrazh” courts) will now have exclusive jurisdiction over disputes directly or indirectly involving those sanctioned entities that fall within the scope of Russian legislation (“Disputes”). Disputes also include disputes between foreign businesses if these sanctions…
Vladimir Efremov is a partner in the Moscow office of Baker McKenzie. He focuses his practice on international trade issues, sanctions and export control, the World Trade Organization, domestic and cross-border, direct and indirect taxation, Foreign Corrupt Practices Act and compliance audits, product liability and data security issues. He also has extensive experience in the areas of customs and currency regulations, tax planning and tax-efficient structuring of Russian distribution models, advising on strategy regarding entry into the Russian market, and transactions in and outside of Russia.