Baker McKenzie has advised PJSC Koks on the issuance of new Eurobonds by subsidiary IMH Capital and a cash tender offer together with an exit consent solicitation to the holders of USD 500 million notes due 2022 issued by Koks Finance, another subsidiary of PJSC Koks.

Alexey Statsenko, the Regional General Counsel for Central, Eastern and Southeastern Europe & Central Asia at EY, has been promoted to equity partner at EY.

White & Case has advised sole global coordinator and bookrunner Morgan Stanley & Co International on Mail.ru's US 200 million equity placing and further US 400 million convertible bonds offering due in 2025. Hogan Lovells provided legal advisory services to Mail.ru.

Kachkin & Partners has successfully helped Russian general contractor STEP LLC reach a settlement with Pharmasintez-Nord JSC in a dispute regarding payment for work and related claims worth over RUR 100 million.

Dmitriy Chepurenko, the Head of Dispute Resolution and White-Collar Crime and Business Defense at Liniya Prava, has become the Russian firm's new Managing Partner.

On September 15, 2020, CEE Legal Matters reported that Debevoise & Plimpton had advised Norilsk Nickel on its USD 500 million Eurobond offering due 2025. CEEIHM spoke with Andrey Gavrikov, Head of Direction for Legal Support of Treasury Operations at MMC Norilsk Nickel, to learn more about the issuance.

To prevent foreign investors from abusing their rights in relation to Russian strategic companies, the prior-clearance rules have changed to qualify transactions for a stake in this type of company. The change was made to protect strategic companies from undisclosed foreign interference and has resulted in a more transparent foreign investment environment in Russia.

Eversheds Sutherland has advised the Cherkizovo Group on its acquisition of Compas Foods LLC, a chicken processing facility in the Tula region of Russia that is a subsidiary of Cargill Inc. Tomashevskaya & Partners reportedly advised Cargill on the transaction.

“As compliance practitioners, we had to go through a major shift recently with going online, which is quite a new thing in our sector,” says Timur Khasanov–Batirov, Head of Compliance, Russia & CIS at the STADA Group.

Russia's KIAP Attorneys at Law has announced the opening of a Family and Inheritance Law Practice.

Lawyers from White & Case's Moscow office have joined the firm's multi-office team advising a consortium of French and international investors on the global reorganization of the relationships and obligations between Arc Holdings, its shareholder, bondholders, and public authorities.

DLA Piper has been appointed as a legal partner to provide pro bono legal assistance to the Russian Chapter: the Russian hub for the global platform on climate change that operates under the auspices of the World Economic Forum’s Climate Governance Initiative.

Egorov, Puginsky, Afanasiev & Partners has helped aluminum producer Rusal register as a new resident of the Special Administrative Region on Oktyabrsky Island in the Kaliningrad region of Russia.

DLA Piper’s Moscow office has advised VNV Global on its approximately USD 2 million investment in NaPopravku.

Olga Gulyaeva has joined Legrand as Director of Legal and Compliance Officer.

DLA Piper Moscow has advised the ADG group on the acquisition of Russian cinema operator Modern.

Partly due to the Covid-19 pandemic, Russia’s legislative process has slowed down, says CMS Moscow Partner Anton Bankovskiy. “However,” he says, “the ‘regulatory guillotine,’ – the ongoing process of amending or eliminating the many laws remaining from the country’s Soviet past – has picked up pace.” In addition, he says, “the State Duma recently passed new laws introducing the ‘regulatory sandbox’ framework, which enables companies and entrepreneurs to implement innovative technologies, unrestricted by the current legal limits related to those technologies.” 

Rybalkin, Gortsunyan & Partners, working with Debevoise & Plimpton and Henry King QC as part of PJSC Tatneft’s legal team, has successfully defended the right of Russian lawyers to claim attorney-client privilege in English court proceedings.