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Varul’s M&A team advised on the sale of shares in the Cinamon Group of companies from GILD Arbitrage venture capital fund to DLT Capital, an Estonian company owned by Russians Tatjana Tolstaja and Vitaly Yakovlev.

Egorov Puginsky Afanasiev & Partners (EPAM) has announced that it advised the Housing Finance Bank (ZhilFInans) on the two transactions to securitize its mortgage assets (a transaction reported on by CEE Legal Matters yesterday).

Liniya Prava has announced that it acted as tax advisor to Bank ZhilFinans on the offering of July 26 mortgage bonds of MA Sunrise 1 and MA Sunrise 2 at the Moscow Exchange, "as part of securitization transactions in relation to a portion of Bank ZhilFinans mortgage loan portfolio components."

Baker & McKenzie has announced the election of 65 new partners from 32 offices in 22 countries across the Firm worldwide, bringing the total number of partners in the Firm to 1,480.

On June 1, 2014, the Pepeliaev Group launched what it describes as "a fully fledged service providing legal support for Korean investors in Russia."  

Slaughter and May is advising North Atlantic Drilling (NADL) and Seadrill Limited on a long term Investment and Co-operation Agreement with Rosneft to pursue growth opportunities offshore and onshore in the Russian drilling market at least through 2022.

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