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Counter-attack on corporate raiders

Overview

The risk to property rights has not been confined in Russia to the "classic" threats of expropriation by the state and disenfranchisement of minority shareholders by controlling owners and managers. Risks in this area include a more direct and primitive threat of fraudulent takeovers and criminal appropriation of real estate and other property.

The government is at last addressing this problem. The first result is a package of new legislation closing loopholes exploited by...

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