DLA Piper has advised Russian network solutions provider Brain4Net's major shareholder Typhoon Digital Development on the sale of a majority stake in the company to global cybersecurity and digital privacy company Kaspersky. Baker McKenzie advised Kaspersky.

DLA Piper has advised Russian personal styling company Capsula on its Series A investment round.

Alexandra Karachurina, Maria Borodina, and Vyacheslav Yugai have joined the Balayan Group as Partners in the firm's Corporate & Transactions practice.

Egorov Puginsky Afanasiev & Partners has provided legal support to Germany's HTS Tentiq on contractual and currency control issues in Russia.

Investors planning construction or reconstruction in St. Petersburg must consider the strict restrictions of Russian and international legislation for the protection of cultural heritage sites. These restrictions can roughly be divided into two levels: (1) those stipulated by Russian legislation for the protection of cultural heritage sites and (2) those stipulated by UNESCO legislation.

Radovanovic Stojanovic & Partners and Cerha Hempel have advised AIK Banka, Gorenjska Banka, and Agri Europe Cyprus on their acquisition of Sberbank Europe’s shares in six CEE banks. Noerr advised the buyers on Hungarian law, while Maric & Co, Zuric and Partners, Tos & Partners, and Egorov Puginsky Afanasiev & Partners reportedly advised the buyers on Bosnian, Croatian, Slovenian, and Russian matters, respectively.

Egorov Puginsky Afanasiev & Partners has successfully represented LabQuestTechnology in a joint-venture-related corporate dispute.

Akin Gump has advised Lukoil on the USD 2.3 billion issuance of Rule 144A/Regulation S notes in two tranches.

Contributed by Clifford Chance.

Clifford Chance has advised Rosbank, Sberbank, Bank Saint-Petersburg, Credit Bank of Moscow, and the Eurasian Development Bank on a RUB 15 billion five-year syndicated loan under Russian law for the Ural Mining & Metallurgical Company.

Akin Gump has advised Lukoil on its acquisition of a 15.5% interest in the Shah Deniz natural gas project in the Azerbaijan sector of the Caspian Sea, from Malaysia’s Petronas.

Akin Gump has advised Lukoil on its acquisition of a 25% participating interest in the Shallow Water Absheron Peninsula exploration project in the Azerbaijan sector of the Caspian Sea, from BP. 

Korelsky, Ischuk, Astafiev & Partners has successfully represented Chinese manufacturer Shanghai Jilong Economy Development before Russia's Intellectual Property Court in a trademark dispute with a Russian entrepreneur over the ZRAY brand.

An interview with Jean-Francois Marquaire of CMS, about his path from France to Russia.

On March 24, 2021, CEE Legal Matters reported that Alrud had advised Sino-Russian joint venture AliExpress Russia on its investment in KazanExpress. We reached out to Alrud Partner and Head of Corporate/M&A Alexander Zharskiy for more information about the deal.

Framework Agreements (FAs) are like swimmers on a mixed medley relay. Each one does something different and it can be hard to understand what is going on. They are nevertheless used in many cross-border transactions in Russia, so here is an A-to-Z checklist to consider when negotiating FAs.

A carve-out of a business unit or a product portfolio may be required to optimize internal business processes or as part of a transaction on the sale of a business.

Despite the severe damage inflicted by COVID-19 on the Russian economy, the government and businesses have agreed that the local IT sector needs state incentives and support. Calls for accelerated development and state support for the local IT sector were among the main messages of several state agencies when the Russian president and government announced a series of tax benefits for the IT industry.