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EPAM St. Petersburg Successful for Transaero Founders in Bankruptcy Case

EPAM St. Petersburg Successful for Transaero Founders in Bankruptcy Case

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The St. Petersburg office of Egorov Puginsky Afanasiev & Partners has successfully deflected a claim submitted by the bankruptcy trustee in the Transaero bankruptcy case, which the firm describes as "one of the biggest bankruptcy cases in modern Russian history."

According to EPAM, the firm, representing the airline’s founders, "secured a full dismissal of the bankruptcy trustee’s demand for the return of more than RUB 80 million in dividends paid out to the founders, as well as over RUB 24 million in interest, when the case was heard at the North-Western District Arbitrazh Court."

The EPAM team was led by St. Petersburg Managing Partner Ivan Smirnov and included Counsel Evgeny Gurchenko, Senior Associate Artem Magunov, and Associates Alexander Svashenko, Ays Lidzhanova, and Yulia Sevostyanova.

Image source: www.businessdestinations.com

EPAM at a Glance

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru