Proskauer Rose LLP (LexBlog Russia)

3 results for Proskauer Rose LLP (LexBlog Russia)

  • Hague Court Finds Arbitration Panel Has No Jurisdiction Against Russia Pursuant to Unratified Treaty

    The District Court of the Hague overturned a record $50 billion in damages awards issued by the Permanent Court of Arbitration (“PCA”), to the former controlling shareholders of the Yukos Oil Company on the grounds that Russia had not submitted itself to the PCA’s jurisdiction. In 2014, the PCA awarded the former Yukos Oil Company...

  • A Primer on Russia’s New Data Localization Law

    Privacy and data security professionals worldwide should circle September 1 on their calendars, as it’s the day Russia’s new data localization law goes into effect – and possibly generates major waves far beyond Russian shores.  That’s because the law has significant implications for companies that collect personal information from Russian citizens, even if those companies...

  • Recent Amendments to Russian Data Protection Law Further Clarify International Data Transfer Rules

              On July 25, Russian President Dmitry Medvedev signed into law an amendment to the Russian data protection law, “On Personal Data”.  The new amendments are effective as of July 1, 2011.  Of special significance, the amendments provide further clarification regarding the transfer of personal data to individuals or entities located outside of Russia.  Prior...

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