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New rules on bankruptcy of developers: making participatory construction safer for participants at the expense of banks?

  • Herbert Smith Freehills LLP
  • -
  • Russia
  • -
  • September 1 2011

New Law on "Amendments to the Law on Insolvency (Bankruptcy) and Articles 17 and 223 of the Arbitrage Procedural Code with respect to establishment of special rules for bankruptcy of developers attracting money from participants in construction" was adopted on July 12, 2011 (the "Amendments"

Second life of foreign design documentation

  • Herbert Smith Freehills LLP
  • -
  • Russia
  • -
  • November 30 2011

On 18 October 2011 the State Duma passed the draft Federal Law No. 598619-5 "On amending the Russian Urban Planning Code and certain legislative acts of the Russian Federation" (the "Bill") in the first reading