BUSINESSWEEK ONLINE : DECEMBER 13, 1999 ISSUE
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INTERNATIONAL -- EUROPEAN BUSINESS

How Russia May Reverse Privatizations


GOVERNMENT DECREE
State property ministry seizes assets from buyers who failed to meet investment requirements

BANKRUPTCY SUIT
Companies take advantage of arbitrary bankruptcy process to go after rivals' assets in bankruptcy courts

LOCAL COURTS
Managers, employees, or local politicians file suits in local courts claiming that privatizations were illegal

KREMLIN POLICY
After July, 2000, elections, new government seizes strategic companies with plans to resell or transfer assets to political allies


DATA: BUSINESS WEEK


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RELATED ITEMS
So You Think You Own a Russian Company (int'l edition)

TABLE: How Russia May Reverse Privatizations



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