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The upper house of the Russian parliament (The Federation Council)

13:13 29/04/2011

Legal greenmail

17:42 27/04/2011 Russia may give greenmailing a new lease of life. Fifteen years ago in Europe and the United States, this corporate raiding practice became unfeasible as a result of higher tax rates. However, the growing clout of bloggers might bring greenmail back to global markets as an internet tool for exerting political pressure.

Russian upper house approves draft law amendments on bribery fines

16:15 27/04/2011 The upper house of the Russian parliament, the Federation Council, has approved a draft law proposing to introduce fines of up to 100 times the amount of corrupt payments and bribes.

Discussing the Russian advocacy

12:01 25/04/2011 Russian lawyers are set to make major decisions at the fifth all-Russian convention of lawyers on April 26 in Moscow. Two key issues deal with liberalizing criminal law and promoting reforms on the legal services market.

Medvedev approves amendments to law on public procurement

17:02 21/04/2011 Last November, Medvedev criticized the present law on public procurement. He stressed that inappropriate expenses, including embezzlement and “kickbacks,” stand at over 1 trillion rubles per year.

The lower house of the Russian parliament (State Duma)

14:47 21/04/2011

Russian parliament adopts the right of non-jury trial

14:08 21/04/2011 On Wednesday, the lower house of the Russian parliament (State Duma) adopted in the first reading amendments to the Criminal Code of Russia allowing defendants to opt for a trial without a jury.

Minimum wage bill submitted to the Russian parliament

14:00 21/04/2011 The Russian government has submitted to the lower house of the Russian parliament (State Duma) a draft law on increasing the minimum wage by 6.5 percent to 4,611 rubles from June 1, Speaker Boris Gryslov said on Thursday.

Competition watchdog approves Transmashholding purchase by Alstom

13:11 21/04/2011 The Russian Federal Antimonopoly Service (FAS) approved a reqest by Alstom (France) asking for a permission to buy a blocking stake in Transmashholding, Transmashholding Board Chairman Andrei Bokarev announced today.

Legal greenmail

20:05 20/04/2011 Russia may give greenmailing a new lease of life. Fifteen years ago in Europe and the United States, this corporate raiding practice became unfeasible as a result of higher tax rates. However, the growing clout of bloggers might bring greenmail back to global markets as an internet tool for exerting political pressure.

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