On June 6, 2017, VEGAS LEX hosted a workshop to
discuss problematic issues and key aspects of structuring shareholders’
agreements under Russian law.
On June 6, 2017, Alexander
Garmaev, Head of Corporate projects group, led a
workshop on Shareholders’ Agreements under Russian Law: First Results.
Mr Garmaev spoke about the
current approaches of the courts to resolving disputes arising from
shareholders’ agreements and clarified the courts’ approach to the voting at
the general shareholders’ meeting, decisions to recover damages and exercise
options.
The expert also discussed
practical approaches to structuring some of the standard provisions of a
foreign shareholder agreement (SHA) under the Russian law, in particular, reserved
matters, lock up, right of first refusal, tag along (drag along) and deadlock
resolutions.
In conclusion, Mr Garmaev outlined
the outstanding/contentious issues of Russian shareholders’ agreements.
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For more information on VEGAS
LEX’s services to support corporate law projects, please click here.