News
Experts of Kachkin & Partners took part in a seminar on the changes in judicial practice
The seminar, held today in Saint Petersburg, revolved around the consequences of adopting the Enactment No 54 of Plenum of the Supreme Arbitration Court of the Russian Federation on regulating the investment relations in the field of construction. Over 70 participants representing investment and construction companies, as well as legal and tax planning consultants discussed the methods of protecting the rights under the investment contracts and the new consequences of the contracts` breach by the Developers.
What is the correct way of protecting one`s rights under the investment contracts? What should be claims taken to the arbitration court? What is the future of the cases being considered at the time of Enactment No 54 adoption? How to make changes in the existing investment schemes? What is the future of the existing investment contracts? What could one change in the contracts to secure themselves? Do we need to pay VAT from the assets contributed by the Investor? Will the amount of the profit tax change? Lawyers of the city’s leading construction and legal companies, public authorities, and law-related journalists pursued the answers to these and other questions.
Kirill Saskov, a partner, Head of Corporate & Arbitration Practice, and Evgeny Shirstov, the lawyer of the Real Estate and Investments Practice at Kachkin & Partners participated in the event. Kirill Saskov told about the profit and VAT tax risks, which the investors will face as the result of the Enactment No 54 adoption.
