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Update: Russia Introduces Restrictions on Investors’ Ability to Restructure Holdings in or Exit Russian LLCs

Until recently, investors were not generally restricted in selling their (participatory) equity interests in Russian limited liability companies (LLCs). However, Russian President Vladimir Putin issued Decree No. 618,...more

Update: Russia Extends Restrictions on Dividend Distributions on Limited Liability Companies

Following previously adopted restrictions on payments of dividends in joint stock companies, Decree No. 254 requires that any dividend payment from a limited liability company to its foreign participant connected with an...more

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