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International Global Law and Investment Forum 2013

Posted by Admin
Admin
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on Friday, 17 May 2013
in Publications

Dear executives,

Join a series of educational programs and seminars on global law issues and investment topics, organized at the Global Law and Investment Forum 2013, June 6th-7th in Moscow, at the Baltschug Kempinksi, Moscow.

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Remote Working (Work from Home) Becomes a Legal Option With Change in Russian Labor Law

Posted by Artem Usov
Artem Usov
Artem Usov joined the predecessor of Hellevig, Klein & Usov in 2002 and is presently a general corporate law...
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on Friday, 26 April 2013
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NEW CHAPTER ON REMOTE WORK IN LABOR CODE

THIS IS AN INSTALMENT IN AWARA RUSSIAN LABOR GUIDE


Нажмите на ссылку ниже, чтобы прочитать данную главу на русском языке http://www.awarablogs.com/group/pdf/Remote-Working-in-Russia-Change-in-Law-Awara-RUS.pdf

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ПУТИН УДВИТЕЛЬНЫМ ОБРАЗОМ ПРЕДРЕК УЖЕ В 2012 ГОДУ ЧТО РОССИЙСКИЕ ОФШОРНЫЕ КАПИТАЛЫ РИСКУЮТ БЫТЬ ЭКСПРОПРИИРОВАНАМИ

Posted by Jon Hellevig
Jon Hellevig
Jon Hellevig has worked with Russian law immediately since the start of market reforms in early 1990's. Having...
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on Sunday, 14 April 2013
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Это удивительно, что Российский президент Владимир Путин уже в 19 Июне 2012 года во время телевизонной встречи с ведущими российскими предпринимателями предупредил их о существенном риске, что их офшорные капиталы могу быть экспроприированы Западными государствами. Путин заверил их, что их деньгам будет гораздо безопаснее, если они вернут их в Россию. Многие сожалеют сейчас, что не прислушались к этому пророческому совету.

Встреча освещалась Первым каналом (видеорепортаж вы можете найти здесь) Президент Путин, развивая тему "сбежавших" российских капиталов, предложил предпринимателям подумать, не пришло ли время возвращать деньги в страну. Это выгоднее, даже не из патриотических, а из экономических соображений. Сами бизнесмены говорили, что с точки зрения прибыли российская экономика в условиях политической стабильности для них интереснее, чем 6, максимум 8 процентов в зарубежном банке. К тому же не секрет, что западные страны заинтересованы в использовании этих средств в собственных интересах и уже давно к ним присматриваются. Владимир Путин: "Вспоминается простая русская мудрость - дружба дружбой, а табачок врозь. У нас хорошие отношения со многими нашими партнерами. Но западные экономики, которые располагают сегодня этими ресурсами российского происхождения, не заинтересованы в их изъятии. Есть все основания полагать, что и дальше будут ужесточаться режимы использования средств, размещенных в оффшорных зонах. Я не говорю, что завтра они будут заморожены, но если решение подобного рода будет принято, прошу извинить за простоту выражения, замучаетесь пыль глотать, бегая по судам в попытках разморозить эти средства".

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Putin Spectacularly Warned Already in 2002 That Russian Offshore Funds Risked Being Expropriated

Posted by Jon Hellevig
Jon Hellevig
Jon Hellevig has worked with Russian law immediately since the start of market reforms in early 1990's. Having...
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on Sunday, 14 April 2013
in Publications
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It has emerged that Russian President Vladimir Putin already 19 June 2002 in a televised meeting with leading Russian businessmen warned that there was a very real risk that their offshore funds could be expropriated by Western governments. Putin assured that the money would be far more secure back in Russia. Many regret now not having heeded this prophetic advice. The meeting was covered by Russian Channel One news (the clip can be viewed here). It was reported that Putin, speaking about the "runaway" Russian capital, suggested that businessmen should think whether it wouldn’t be time to return their money home to Russia. Doing so, it was said, would make business sense even if one would put aside the purely patriotic motives. Foretelling events, the news report mentioned that “it was no secret that the western countries had long been eyeing these Russian funds and were rather eager to exploit them in their own interests.” Putin was shown saying: "I remind you about the Russian folk wisdom saying: friendship is friendship, but business is business. We have good relations with many of our partners. But the western economies that today employ this Russian offshore capital are not at all interested in releasing them back. There is every reason to believe that they will continue to ratchet up the conditions of the use of these assets. I'm not implying that they are about to freeze these assets immediately tomorrow, but if such a decision were to be taken, then excuse me for saying it so bluntly, you’ll be swallowing dust running exhausted from court to court trying to unfreeze your money.”

Putin proved very right in his prophecies, only he was too generous in allowing that there would have been room for any court dealings. The European Union just took the money and sank the ship.

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