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Allen & Overy has advised the Industrial and Commercial Bank of China (ICBC) on its proposed acquisition of 75.5 percent of the issued share capital of Tekstil Bankasi (Tekstilbank) from GSD Holding, for TRY 669 million (approximately USD 316 million).

The Russian Vegas Lex law firm announced that Yury Bortnikov, the Head of the firm's International Projects group, has become Partner, and that Nikolai Andrianov, in the firm's Real Estate, Land & Construction Practice, has become Counsel. 

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On April 1, 2014, Liniya Prava succeeded in having a Decision and Order of the antimonopoly authority for the north Caucasus on the alleged imposition of loan repayment through annuity payments by Sberbank of Russia to its borrowers overturned and invalidated by the Arbitrazh Court for the Rostov Region of Russia.

EPAM announced today that Anna Numerova, Counsel of the firm's Competition Practice, has been elected Chairman of the "Non-Commercial Partnership 'Competition Support'". In addition, EPAM Partner Natalia Korosteleva was also elected to the 5-person governance board. 

www.koltech.com.pl

The Russian Nektorov, Saveliev & Partners law firm has advised the Russian MIR management company -- a subsidiary of the Agency for Strategic Initiatives -- on an investment agreement it entered into with Koltech.

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Chadbourne & Parke has represented the Bank of Cyprus Public Company on the sale of its Ukrainian subsidiary, PJSC Bank of Cyprus (and associated debt), to Alfa Group, Russia’s largest privately owned banking group, for  EUR 202.5 million (USD 280 million).

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