Convertible Loan Agreement

Convertible loan – new efficient instrument that facilitates structured funding of Russian projects has become available to investors and creditors. Although, convertible loan scheme has been used in various transactions in the past, it required to prepare and negotiate specifically tailored extensive set of documents including loan facility contract, corporate agreement (shareholders’ agreement), etc. Besides, enforcement of the whole structure could face certain complications.  

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Remote participation in corporate and other meetings (JSC/PJSC, LLC, etc.)

Starting from July 01, shareholders of private and public joint stock companies, participants of limited liability companies, as well as members of other civil communities will have clear guidance on the procedure for remote participation in the corporate meetings. Corresponding changes to article 181.2 of the Civil Code of the Russian Federation have been approved by the State Duma in the third final reading.

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