Russia Businessman; Photo Credit Adobe Stock EU Court Upholds Ban Barring Lawyers from Advising on Russian M&A, Financing
The EU's General Court upheld a 2022 ban preventing law firms from advising Russian entities on non-contentious matters like M&A and financing. However, it clarified that lawyers can still represent Russian clients in litigation.
October 02, 2024 at 10:33 AM
3 minute read
The EU's General Court today upheld a ban barring law firms from advising the Russian government, Russian companies, and individuals on routine business matters.
The General Court, the bloc's second-highest court for EU law matters, today found that the 2022 ban does not violate the EU fundamental rights guaranteeing access to legal advice from a lawyer. The judges emphasised that the ban prohibits legal advice related to non-contentious matters but made it clear that lawyers can continue to advise Russian entities and individuals on contentious matters.
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