New Russian Law Will Limit Minority Shareholders’ Information Rights
View Client Update
Key takeaways
- Pending changes to Russian corporate law will limit the ability of minority shareholders to access information.
- Rights to access a joint-stock company’s information will depend on the shareholder’s ownership threshold.
- For public joint-stock companies, shareholders’ information rights will be limited to an exhaustive list of documents and information specified in the law.
- Companies will have the right to deny access to their information and documents on certain grounds, and access to confidential information will require a confidentiality agreement.