Adoption of Second Bundle of Amendments to the Russian Civil Code

29 May 2013
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Key takeaways:

The second bundle of amendments to the Russian Civil Code, recently signed by the President of Russia, includes:

  • New provisions on adoption of resolutions at meetings;
  • Amendments to provisions on agency and power of attorney;
  • Changes in regulation of limitation periods; and
  • Significant modifications in grounds for invalidation of transactions.