Russian business law: the essentials

Evgeny Gubin

Alexander Molotnikov

This publication is intended to provide you with accurate and authoritative information concerning the subject matter covered. However, this publication is not a substitute for the advice of an attorney. If you require a legal or other expert advice, you should seek the services of a competent attorney or other professional.

Russian business law: the essentials

Edited by Evgeny Gubin and Alexander Molotnikov

Lomonosov Moscow State University Faculty of Law Business Law Department

Editors – Evgeny Gubin and Alexander Molotnikov

Cover Design – Anna Susanyan

Copyright В© 2016 by ANO Startup

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"This work clearly explains the sources of business law in Russia and the way in which the law supports entrepreneurial activity. It will be an important tool of understanding for Western scholars and testimony to the importance given to the law as a mode of business regulation in contemporary Russia."

В В В В Professor Simon F. Deakin

В В В В University of Cambridge Faculty of Law

"This book fills a gap in the English language literature on Russian business law. It provides an important starting point for comparative corporate law scholars and corporate lawyers by making the foundational rules on Russian business law easily accessible in English. Hopefully, this book will inspire more comparative legal research on Russian Business Law in the future."

В В В В Dr. Dan W. Puchniak

В В В В Associate Professor of Law, National University of Singapore (NUS) Director of Corporate Law, NUS Centre for Law & Business

"This book demonstrates to the world the business law of Russia and may promote economic and commercial engagement between Russia and other countries. Meanwhile, the book has great significance to the international trade and investment, and economic globalization. Therefore, we really look forward to the publication of this book."

В В В В Professor Ciyun Zhu

В В В В Tsinghua University School of Law

"The chapter on "Business Litigation" includes a useful section on the Russian judicial system, including the jurisdiction and functions of the Arbitration Courts. The chapter also looks into the arbitral tribunal system (which is not the same as the Arbitration Courts) in the Russian Federation. The chapter on "Contracts" can function as a convenient starting point for anyone seeking a comprehensive summary of the law relating to commercial and other contracts. I especially benefitted from the section on sale of goods contracts in the Russian Federation."

В В В В Professor Anselmo Reyes

В В В В University of Hong Kong Faculty of Law

Acknowledgements

We would like to express our deepest appreciation to the Lomonosov Moscow State University Faculty of Law, especially to Dean Alexander K. Golichenkov, Deputy Dean Vladimir Stepanov-Egiyants and to all professors of the Business Law Department for their help and support during the preparation of this book.

We are grateful to Professor Stephen Sammut for preparing a great foreword to our book and to Dr. Dan W. Puchniak, Professor Ciyun Zhu, Professor Anselmo Reyes, Professor Simon F. Deakin for their endorsements.

We also greatly appreciate the support, input and inspiration to our book provided by:

Zhang Shouwen, Dean of the Peking University Law School

Michael Hor, Dean of the University of Hong Kong Faculty of Law

Simon Chesterman, Dean of the National University of Singapore Faculty of Law

Brian R. Cheffins, Professor of Corporate Law, University of Cambridge Faculty of Law, Professors of the Center for Transnational Legal Studies (London)

Nikolai I. Mikhailov, Deputy Director of the State and Law Institute of the Russian Science Academy

Dmitry Yu. Guzhelya, Deputy Head of the Russian Federal Agency for CIS Affairs, Compatriots Living Abroad and International Humanitarian Cooperation

Alexey R. Khokhlov, Deputy Principal for innovation policy management and international academic cooperation at the Lomonosov Moscow State University

We are grateful to Russia-China Law Society (R