Dentons is representing Rosgosstrakh in its USD 300 million joint venture with Guohe Life (China), Anxin Trust & Investment, and other investors involving the creation of a new Chinese insurance company.
Kazan Legal 2017, taking place on 14 – 16th September, will deliver a fresh take on the latest developments in Russia and the CIS, but most importantly it will encourage dialogue between business, advisors and policy makers. The Forum’s social and cultural program will give you the opportunity to get to know the real Tatarstan, voted Russia’s most investor-friendly region, with its amazing heritage, cuisine and hospitality.
The development of modern technologies and the growing role of electronic documents in commercial relations influence the employment sphere, among others. Companies increasingly use electronic employment agreements and electronic policies, which increases the efficiency of employment paperwork turnaround. However, the positions of Russian employment law and the courts on electronic employment documentation are not uniform.
Intellectual Property protection in its modern sense is considered to be quite young in Russia. Although Russia is not far behind world standards for protection and enforcement of Intellectual Property, major changes took place in Russia in 2008. Almost ten years ago the Fourth Chapter of the Russian Civil Code incorporating various Intellectual Property-related rules came into effect. Of course, this area of law is still changing, leading to new amendments, improvement proposals, and legal discussions.
Clifford Chance's Moscow office has advised Pfizer on its agreement to provide finance and technology to Russian pharmaceutical company NovaMedica for the construction of a new production facility in Russia, with the medicines licensed and manufactured under the agreement to be sold by Pfizer and NovaMedica in Russia and the CIS.
Cobalt has advised AS Storent Investments, a rental equipment company operating in Baltics, Finland, and Sweden, on its acquisition of Cramo operative companies in Latvia (SIA Cramo) and Kaliningrad (OOO Cramo Kaliningrad) consisting of seven rental depots with 43 employees. Storent was advised on Russian aspects of the deal by Alrud, and Cramo Plc was advised by KPMG.
Redcliffe Partners has acted as Ukrainian law counsel to Grupo Bimbo, the world’s largest baker and distributor of baked goods, in connection with its USD 650 million acquisition of the foodservice-focused company East Balt Bakeries from private equity fund One Equity Partners. White & Case, Cleary Gottlieb Steen & Hamilton, and Morgan Lewis acted as international legal counsel to Grupo Bimbo. Baker McKenzie advised One Equity Partners on the deal.
Goltsblat BLP has advised Deutsche Bank Technology Centre on its lease of 8200 square meters of office space in Moscow’s Aquamarine III Business Centre at 24 Ozerkovskaya Embankment from AFI Development. Goltsblat BLP describes the transaction as representing "the biggest Class A office lease deal in Moscow this year so far."
Orrick is reporting that, on July 18, 2017, the U.S. District Court of the Northern District of California dismissed, with prejudice, plaintiffs’ claims against JSC Rusnano and other defendants in a case challenging Rusnano's acquisition of the Nitol plant in the Irkutsk Region of Russia. Orrick represented JSC Rusnano and nine other corporate and individual defendants in the case.
Sulija Partners Law Firm Vilnius has assisted AB AviaAM Leasing, a Warsaw Stock Exchange-listed global aviation holding company, with the sale of four Airbus A320 aircraft to a subsidiary of GTLK Europe, an Ireland-based international leasing company. Allen & Overy Moscow advised GTLK Europe on the deal.