Alexey Sizov, the Head of KIAP's Administrative and Customs & International Trade practices, has been promoted to Partner at the firm.
CHSH Cerha Hempel Spiegelfeld Hlawati Rechtsanwalte has assisted Teufelberger Wirerope GmbH, an international metal wire ropes producer based in Austria, in the acquisition of Italian-based Redaelli Tecna S.p.A., a designer and manufacturer of steel wire ropes for off-shore and on-shore oil activities, mining, cableways, material transportation, and hoisting, and a developer and producer of engineering systems for the tenso structures, from JSC Severstal-Metiz, a company owned by the PAO Severstal steel and steel-related mining group. The transaction is expected to close in spring 2017.
In recent years, President Obama has ordered significant changes to the longstanding U.S. sanctions on Cuba and Iran as well as imposed new sanctions on Russia. President-elect Trump has been generally critical of the Obama administration’s relaxation of U.S. sanctions on Cuba and Iran, and his views on Russia appear more favorable than those of the outgoing administration.
Lawyers from Pepeliaev Group’s St. Petersburg office have successfully challenged the cadastral value of Petrovskiy Fort, one of the largest business centers in St. Petersburg, in first instance and appeal courts. The decision establishing a cadastral value equal to the market value came into force on November 30, 2016.
Morgan Lewis has advised Natixis on a USD 300 million pre-export finance facility for Russian Copper Company Group, the third largest Russian copper producer. Natixis was the Co-ordinating Mandated Lead Arranger for the deal which was structured as a five year pre-export finance facility backed by receivables from export of copper wire rod and copper cathodes. A number of major Russian and international banks joined the loan facility.
Egorov Puginsky Afanasiev & Partners has successfully defended the interests of T2 Mobile (Tele2) – a nation-wide mobile operator in Russia – in what the firm describes as "a precedent-setting case against the Moscow Metro regarding unfair tariffs for placing telecommunications equipment in the metro."
Following the relative stabilization of economic conditions globally (especially in terms of the price of oil) and in Russia (the ruble exchange rate) the Russian capital markets have shown signs of recovery. This article focuses on a couple of key aspects of the Russian equity capital markets’ development this year, such as privatization and the increased participation of non-state domestic pension funds in equity transactions.
Michael Malloy, the Head of Intellectual Property and Technology for Russia at DLA Piper, first came to Russia in 1990, and he moved there for good in 1994. At DLA, where Malloy has been since 2008, he specializes in intellectual property and technology issues, and his work includes franchising, corporate law, media law, and technology transfers.