Where modules run over two terms as a 30 credit module, SIL students will attend and be assessed on the contents of term 1. Please note that some modules reflect this with an additional "A" in their module code, but this is not the case for all of them due to special assessment arrangements for SIL students.
All assessments are graded on a pass/fail basis.
RUSSIAN COMMERCIAL LAW (LAWSG089) Credit value: 30 credits (12 ECTS)
Assessment method for UCL Master students: Three-hour unseen written examination
Assessment method for SIL students: Two-hour unseen written examination
Module Overview
Module summary
This module covers the business and commercial aspects of Russian law. The topics covered in the module include foreign investment regulations, contract law, company law, natural resources law, and law on dispute settlement (primarily international commercial arbitration).
The module is intended to give students a broad knowledge of law needed for foreign investment in Russia. Despite its European origin, Russian law has some unique characteristics, including the occasional appearance of "legal nihilism". The module focuses on how Russian law operates in reality.
Module syllabus
Introduction – An Overview of the Russian Legal System and its Historical Background
Sources of Law – the Role of Judicial Precedents
The Civil Code – the Cornerstone of Russian Private Law (a Unified Civil/Commercial Code)
Basic Rules on Commercial Transactions
Property Law – Land Law
Law on Obligations – Contract and Tort
Means of Securing Obligations
Company Law (1) Privatisation and its Aftermath
Company Law (2) Setting up Companies in Russia
Company Law (3) System of Corporate Governance
Banking Law
Bankruptcy Law
Natural Resources Law – Oil and Gas Projects
Dispute Settlement – Courts
International Commercial Arbitration – Enforcement of Foreign Award
Recommended materials
Russian Commercial Law, 2nd edition, Kluwer International
Preliminary reading: to be confirmed
Other information: N/A
Prizes for this module: There are currently no prizes available for this module.