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The State Should Not Be Considered as an Affiliate of Economic Entities
16 March 2012
According to the Presidium of the Higher Arbitrazh Court of the Russian Federation, the state and other public entities may not be considered as affiliates of other persons.
Rulings of the Presidium of the Higher Arbitrazh Court of the Russian Federation are binding on all arbitration courts of the Russian Federation.
Previous arbitration court decisions issued upon similar facts but on different interpretation of law may be reconsidered on the “revision due to newly exposed facts” procedure.
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