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ILO publishes a series of legal Newsletters which provide expert legal commentary in the form of concise, regular news updates. The Newsletters are written in collaboration with over 500 of the world's leading experts and cover more than 100 jurisdictions.

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Russia

The Supreme Arbitrazh Court has clarified that the effects of rescission of a contract, other than those provided by law, may be stipulated in an agreement between the parties with consideration of the restrictions imposed on the freedom of contract. The court pointed out that on rescission, the debtor's obligations will be terminated, with certain exceptions.

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