News

Lukoil, Rosneft and Tatneft: new distribution of dividends

At the end of 2024 many Russian companies (including three major oil companies – Lukoil, Rosneft and Tatneft) held general meetings of shareholders in regard to the distribution of the dividends.

Ratings of law firms: MAGENTA Legal among the leaders

Last week the results of two legal ratings were published: first, Russian Gazette published the rating of the best lawyers and their firms, and a little later the award ceremony of the prestigious PRAVO-300 rating, which celebrated its 15th anniversary, took place. As a renewed brand, MAGENTA Legal took part in the rating for the first time – and was recognised in all 5 nominations of the federal ratings.

The Managing Partner of MAGENTA Legal Anton Shamatonov has received the first rating for international projects of Russian Gazette' rating

The Russian Gazette has published the results of its second annual large-scale survey, the “Rating of Lawyers and Their Firms”. Inclusion in this ranking is a mark of recognition of the professional quality and reputation of a specialist.

Renewal of director's powers: A foreign notary is not suitable

As we wrote earlier from 01.09.2024 the appointment of the general director of a limited liability company (LLC) is carried out only through a notary. In this case, as we anticipated, counterparties, banks and other persons require not only confirmation of the appointment but also confirmation of the extension of the powers of the general director in notarised form

An interesting court case of our client: subsidiary liability of directors

MAGENTA Legal represents the interests of its client, the French company Nasco France S.A., in a complex court case that has already passed through many instances. The court addresses important questions about the avoidance of liability by officials and the weaknesses of liability insurance. 

Updating the guide to special transaction regulation in Russia. Presentation

We are pleased to announce another update of our guide and presentation on the peculiarities of special regulation of transactions in Russia in connection with the sanctions regime. In recent months, significant changes have been introduced to the legislation concerning the rules for the sale of stakes in LLCs and shares in JSCs, as well as mandatory payments to the budget for transactions with foreign participation.

Please note that on 29 December 2024 - 08 January 2025 (including Wednesday 08 January 2025) our company will be closed due to official state holidays!

I run a small business: does personal data protection concern me? FAQ

Fines for personal data violations have been seriously increased. As lawyers, we often hear from clients that personal data does not concern them, but this is not true. Here is a short and concise summary of why personal data is about any company.

Amendments to the Antimonopoly Law: What is Important for Businesses to Know?

In October 2024, amendments were introduced to the Law on Protection of Competition (Federal Law No. 344-FZ dated 14.10.2024). In addition, the future so-called Sixth Antimonopoly Package (i.e., a package of serious, large-scale amendments to the Law on Protection of Competition) is under discussion.

Trademark protection on the Internet: Webinar and presentation

We recently held a webinar where we gave a detailed look at the case law on trademark enforcement on popular marketplaces. The recording is now available for viewing on YouTube! And the key points of the webinar are in this news.