Alexander Ermolenko, FBK Partner, took part as expert in roundtable talks on “Improvement of Corporate Legislation” held at the Federation Council. The talks were organised by the Council of the Federation Committee for Constitutional Legislation and Urban Development conjointly with the Council of the Federation Committee for Economic Policy.
The event has brought together speakers from state authorities, business and legal communities. As a follow-up to the meeting recommendations were proposed to the Russian government, state authorities, Houses of the Federal Assembly.
As noted by Alexander Ermolenko, “It’s now high time for us to be headstrong about redrafting legislation again and again, including corporate legislation. Judicial practices just can’t catch up with all the legislative developments alternating with each other. And it is not easy at all to protect rights without well-established court practices”.