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The RF Supreme Court is preparing a new Ruling “On some issues of application of the general provisions of part 1 of the RF Civil Code”.

DATE: June 22, 2015 | AUTHOR: atlawyers

The RF Supreme Court is preparing a new 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 legal liability provisions in the event of a corporate conflict are clarified in the draft Ruling. Besides, the draft Ruling clarifies issues relating to corporate agreements and rules of application of the general provisions on transactions. The draft 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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