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23.06.2015 the RF Supreme Court adopted Ruling “On some issues of application of the general provisions of part 1 of the RF Civil Code”.

DATE: June 25, 2015 | AUTHOR: atlawyers

23.06.2015 the RF Supreme Court adopted Ruling “On some issues of application of the general provisions of part 1 of the RF Civil Code”. In particular, issues related to application of liability provisions in the event of a corporate conflict are clarified in the Ruling. Besides, the Ruling clarifies issues relating to corporate agreements and rules of application of the general provisions on transactions. The Ruling reveals the conditions under which a transaction may be recognized voidable or void and defines consequences of unfair acts by the parties to a transaction.

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