Reed Smith has announced former Chadbourne & Parke Moscow Managing Partner Andrei Baev has joined Reed Smith’s Energy & Natural Resources (ENR) practice in London.
Clifford Chance has advised PJSC MMC Norilsk Nickel, a diversified mining and metallurgical company that is the world's largest producer of refined nickel and palladium, on the sale of its equity interest in the company which owns the Legion TI Business Center in Moscow to RCP Investments II Ltd. for approximately USD 100 million. Dentons advised the buyers on the deal.
Asters has served as Ukrainian counsel (working with lead counsel Quinn Emanuel Urquhart & Sullivan) to JSC Oschadbank, in connection with Oschadbank's claim against the Russian Federation, brought before an arbitration panel at the International Chamber of Commerce in Paris, for recovery of over USD 1 billion in compensation as a result of the total loss of its investments in Crimea.
Egorov Puginsky Afanasiev & Partners is reporting that on April 17, 2017 the Arbitrazh Court of Moscow approved a settlement agreement between Russia's Federal Antimonopoly Service and the Google and Yandex corporations, thereby bringing an end to a dispute which had run for more than two years. Egorov Puginsky Afanasiev & Partners (EPAM) represented Yandex in the dispute.
CMS has advised ING Bank N.V., London Branch and other international banks as mandated lead arrangers of a new USD 420 million five year unsecured syndicated finance facility to Russian Railways. Freshfields Bruckhaus Deringer reportedly advised Russian Railways on the deal.
Clifford Chance has advised Deutsche Bank, ING, Natixis, and UniCredit in their capacity as the coordinating committee for the pre-export finance banks in connection with the successful implementation of a USD 2.3 billion debt restructuring for Metinvest. Ukraine's Redcliffe Partners, working alongside Clifford Chance, provided Ukrainian law advice to the committee. Baker McKenzie and Allen & Overy advised Metinvest on the restructuring.