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During his national address on 2 April, President Putin announced his decision to prolong the initial non-working days from 4 April to 30 April 2020 inclusive in order to fight against the spread of COVID-19. He signed a new Executive Order providing for this.
Decision makers within companies need to update their strategy for the continuity of their businesses. To assist them with this task, we have summarised below, based on the latest legal developments related to the COVID-19 outbreak, legal considerations to bear in mind. These cover commercial contracts, employment, real estate leases, tax, bankruptcy and financing arrangements.
Below you will find the Japanese version of the update.
English version is available here.
CMS has created a Coronavirus Hub dedicated to the issues raised by the COVID-19 pandemic, which is available here. This hub gives you full and permanent access to content created by CMS Russia lawyers and CMS offices around the world in response to the crisis. The hub is updated regularly.
We remain available at all times to address any requests or difficulties you may have on a one-to-one basis. You can be in immediate contact with our experts by emailing [email protected].