Russia enters foreign companies into temporary administration

22 September 2026

Russia enters foreign companies into temporary administrationpudiq/Shutterstock.com

The Kremlin has introduced temporary management of assets belonging to foreign-owned companies in Russia under Decree No. 661. The decree amends  Decree No. 302, which allows the Russian government to place property belonging to...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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