U.S. SANCTIONS ON RUSSIA

The United States has imposed sanctions on certain Russian individuals, companies and banks which prohibit U.S. persons from conducting business with them; placed an embargo on the Donetsk People’s Republic and Luhansk People’s Republic; restricted certain debt and...

Russian Bankruptcy Moratorium

Starting April 1, 2022 the Russian government introduces a moratorium on bankruptcy initiated by creditors. The moratorium applies to all legal entities and individuals, with the only exception being the developers whose constructions are currently on the list of...