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Judgment of the Presidium of the Supreme Commercial Court of 13 November 2012 № 7454/12 in the case Citizen Komissarov vs The company “A family itelmen commune Haiko” et al.

Point of law: the legality of a potestative condition precedent in a contract of sale of a share in a limited liability company, according to which in case of the purchaser’s failure to timely pay a full price for the share the contract shall be repudiated and corresponding obligations shall terminate.

Judgment of the Presidium of Supreme Commercial Court of 10 July 2012 № 17713/11 in the case The company “The Silver of Maghadan” vs The Interdistrict Tax Inspection № 1 for Maghadan Region

Point of law: is it lawful to have in an export contract, under which silver is sold abroad, a clause establishing a “price corridor” in the form of admissible deviations from the price of the silver in the world market?

 

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