Russian Standard Bank

Of particular interest is the case with their uniqueness, as the agreement was concluded between the sole founder and subsequent shareholder – the company "Russian Standard-Invest" and the future of the shareholder – the company Cardif SA, is interested in creating a new legal entity and shall compile a joint education community. And despite available at the time the case in the Moscow Arbitration Court arbitration in a foreign court of arbitration, the presence of signatures of known and influential businessmen and the presence of JSC "Russian Standard Bank" and "Baie-de-Paix En Paribas' 26.12.2006g. court declared the agreement null and void and contrary to the particular item. 1202 Civil Code, which clearly stipulates that the personal law of the legal entity is entitled to a country where the legal entity, while the signed agreement is fully regulated by the laws of England, with the exception of conflicts of law. The court rejected the arguments of the plaintiff shareholders' agreement contrary norms of Russian law, since the agreement clearly defined by its regulation of foreign law, and drew his attention to the fact that by virtue of paragraph 1 of Art. 67 Civil Code rights and obligations of shareholders may only be regulated by the Civil Code, Company Law, constituent documents, and by virtue of Art. 31 of the Federal Law of 26 December 1995 N 208-FZ "On Joint Stock Companies" do not provide additional rights and privileges to certain shareholders of society, including the right to increase stake up to a certain size by the strike, as provided text entered shareholder agreement. .