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CMS Kyiv has helped Expert Petroleum, an international company specialized in mature oil and gas field operations optimization, on negotiations with UkrGasVydobuvannya, Ukraine’s state-owned natural gas production company, on Ukraine's first full-scale Production Enhancement Contract.

Federal Law No. 102-FZ dated 1 April 2020 (the “Law”) enacts a number of tax support measures applicable to Russian taxpayers, primarily those belonging to negatively affected sectors of the economy. The Law also delegates certain legislative powers relating to taxation to the Russian government.

Six CEE-based lawyers — Agnieszka Skorupinska, Jakub Podkowa, and Jakub Wieczorek in Warsaw, Natalia Kushniruk in Kyiv, Roxana Fratila in Bucharest, and Artashes Oganov in Moscow — are among the 41 worldwide that CMS has promoted to the firm's partnership as part of its 2020 round.

In the current situation, many Russian companies, especially those with foreign investment, have found they are unable to hold their annual meetings (“Annual Meetings”) in full compliance with applicable laws. This is due to both the recent tightening of formal requirements for corporate resolutions and new restrictions on movement, meetings and business operations in connection with the COVID-19 pandemic.

As announced by the Russian President on 25 March 2020, the Russian Ministry of Finance has sent an official request to the Ministry of Finance of Cyprus to modify the existing double taxation treaty (DTT) between the two countries.

During his national address on 2 April, President Putin announced his decision to prolong the initial non-working days from 4 April to 30 April 2020 inclusive in order to fight against the spread of COVID-19. He signed a new Executive Order providing for this.

In The Corner Office feature of CEE Legal Matters we ask Managing Partners at leading law firms across Central and Eastern Europe about their unique roles and responsibilities. In light of current events, the question for this online occurrence of the feature is: "How are you managing your team working remotely during this challenging period?"

CMS, in cooperation with GFA Consulting Group, has helped the EBRD prepare a tendering process for the Serbian City of Pirot for the selection of a private partner in a PPP project titled “Reconstruction and Maintenance of the Public Lighting System in the City of Pirot.”

Under Russian civil law, a legal entity is relieved from liability for failure to fulfil an obligation if such failure is caused by extraordinary and inevitable circumstances (i.e. force majeure circumstances).

CMS at a Glance

Founded in 1999, CMS is a full-service top 10 international law firm, based on the number of lawyers (Am Law 2018 Global 100). With 70+ offices in 40+ countries across the world, employing over 4,800 lawyers, CMS has longstanding expertise both at advising in its local jurisdictions and across borders. CMS acts for a large number of Fortune 500 companies and the FT European 500 and for the majority of the DAX 30. Revenues totalled EUR 1.36bn in 2018.

In Russia, CMS has been supporting its clients since 1992. The Moscow office offers a full range of legal and tax services across 21 practice and sector groups. Over 50 lawyers qualified in Russian, English, French and German law advise international clients on all matters relating to doing business in Russia and CEE, and support Russian companies doing business in Europe and other countries.

Firm's website.