#disclosure

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Articles and case comments

• Information on Seaport Operations is Closed to Foreign Shareholdersissue 3/2022 · Maria Erokhova · 4 October 2022Russian court refused to provide information to a shareholder owning 43% of the voting shares of the Russian joint-stock company Kaliningrad Commercial Seaport because the claimant was a UK resident. The UK authorities have adopted regulations allowing the imposition of restrictive measures on Russian entities operating in the transport sector and a wide range of others. The defendant carries on activities in the field of transport and is the operator of a marine terminal, therefore, the provision of documents and information to the plaintiff in accordance with the requirements of the Joint Stock Companies Act may lead to the introduction of new restrictive measures against the Port and/or other persons, of which the plaintiff learns from the documents of the defendant.