Enduring, resilient, resolute
Stonebridge Legal is an independent law firm launched by an internationally acclaimed team of partners and lawyers formerly with the Moscow practice of Freshfields Bruckhaus Deringer. Drawing on our thirty years of experience advising on market-shaping M&A and capital markets transactions, as well as domestic and cross-border disputes, we will keep providing legal advice, maintaining our commitment to the highest levels of service and professionalism.
Analytics & events
New payment procedure for Russian Eurobonds
On 9 September 2023, Russian President Vladimir Putin signed Decree No. 665 “On the temporary procedure for the performance of state debt obligations of the Russian Federation owed to residents and foreign creditors and expressed in foreign currency-denominated government securities and other obligations under foreign securities”.
Russian counter-sanctions regulations: Softening the restrictions on dividend payments
On 23 August 2023, the Russian Ministry of Finance published an excerpt from the minutes of a meeting of the Sub-Commission of the Government Commission for Control over Foreign Investments (the ultimate decision maker in most matters concerning counter-sanctions), which softened the guidelines for granting approvals for the payment of dividends by Russian companies to their foreign shareholders associated with unfriendly states.