I was born in the USSR – a country that has not existed for almost 25 years. The legal system in Russia before the USSR had been in place since the 10th century. Russia after the USSR, it seems, began its path practically from scratch.
In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.
Noerr has advised long term client foodpanda on the USD 100 million sale of Delivery Club, which Noerr describes as "the number one Internet food delivery company in Russia," to Mail.Ru Group. Dentons advised Mail.Ru Group on the deal, by which it will acquire 100% of Delivery Club in an all cash transaction. The deal is not subject to any third party approvals.
Dentons has advised the Eurochem mineral fertilizer producer on a USD 800 million five-year pre-export financing with a group of 14 banks, including lead arranger ING Bank and other lead arrangers Bank of China, Citibank, Commerzbank, Credit Agricole Corporate and Investment Bank JSC, Credit Agricole Corporate and Investment Bank, Industrial and Commercial Bank of China, Mizuho, Natixis, Nordea, Raiffeisenbank, Unicredit, Societe Generale and Rosbank. Morgan Lewis advised the banks on the deal.
White & Case has announced that two CEE attorneys – Istanbul-based Corporate/M&A specialist Ceylan Kara and Moscow-based Project Finance specialist Ekaterina Logvinova – are among the 15 promoted by the firm to Local Partner worldwide with effect from January 1, 2017. Another six CEE lawyers (three in Prague, two in Warsaw, and one in Istanbul) were among the 26 promoted to Counsel worldwide.
Linklaters has advised Rosneft on the sale of 20% of the ordinary shares in PJSC Verkhnechonskneftegaz, one of the largest producing subsidiaries of the Rosneft Group, to the Beijing Gas Group Co. The sale includes a related joint venture established for the purposes of further exploration of the Verkhnechonskoye field.
The Moscow office of Debevoise & Plimpton has advised the Mosaic of Happiness Fund in setting up a private integrated nursery school in Moscow that supports the integration of refugee children and children with disabilities into society. The project included adopting school regulation and admission rules, and drafting frameworks of support, donation, volunteer, and employment agreements.