CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Dentons has acted as English, Russian and US federal securities law counsel to Domodedovo Airport Group on its Rule 144A/Regulation S issuance of USD 453 million 5.35 percent loan participation notes due 2028; the consent solicitation and tender offer in relation to its loan participation notes maturing in 2021; and the capped tender offer with respect to its loan participation notes maturing in 2023.
Egorov, Puginsky, Afanasiev & Partners is representing a coalition of Avito, IVI, CIAN, Profi.ru, Tutu.ru, Drom.ru, 2GIS, and Zoon in a abuse-of-dominant-position case against Yandex initiated by the Federal Antimonopoly Service of Russia.
Senior Attorney-at-Law Svetlana Todorova in Sofia and Managing Associate Eldar Mansurov in Moscow have been appointed co-leaders of Peterka & Partners' Turkish Desk.
Counsels Nikolai Kurmashev in Moscow and Patryk Figiel in Warsaw have been promoted to Partner as part of Linklaters global round, which included a total of 35 new partners worldwide.
On 30 December 2020, sweeping changes to Russian legislation regulating integrated area development (hereinafter referred to as "IAD") came into force.
Akin Gump has advised Trans-Siberian Gold PLC – the operator of the Asacha gold mine in Kamchatka, Russia – on the process of its GBP 108 million takeover by Horvik Ltd. The buyer was advised by Skadden, Arps, Slate, Meagher & Flom.
Egorov Puginsky Afanasiev & Partners has successfully represented Magnit in an antimonopoly case initiated by Chelyabinsk OFAS Russia against Spar and Magnit involving an alleged cartel conspiracy.
Egorov, Puginsky, Afanasiev & Partners has persuaded Russia's antimonopoly agency to approve the partnership between Gett and CityMobil taxi aggregator services.
The Moscow office of Dentons has advised the controlling shareholder of PJSC ChelPipe, Andrey Komarov, on the sale of his 86.54% share in the company to PJSC TMK. Latham & Watkins advised the buyer.
DLA Piper has advised KazanExpress on an acquisition of a 30% stake in the company from AliExpress Russia — a joint venture between China’s Alibaba Group and Russia’s MegaFon, Mail.ru Group, and Russian Direct Investment Fund. Alrud advised AliExpress Russia on the deal. Financial terms were not disclosed.
For our Checking In feature, we reach out to partners and heads of practice across CEE to learn how specific practice areas are faring in their jurisdictions. This time around we asked Data Protection experts: Overall, how compliant would you say economic agents are with relevant local regulations on data protection, and what are the main gaps that have yet to be addressed?
DLA Piper has advised Renera, a Russian energy storage business owned by Rosatom’s Tvel Fuel Company, on the acquisition of a 49% stake in Enertech International, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. Monastyrsky, Zyuba, Stepanov & Partners advised Enertech on the deal.
Cloud solutions have proven to be cost-efficient, productive and flexible for any business sphere. Technically, they are not intended for downloading by users, as users only get access to certain functions. Still, sometimes download option is available. Hence a question: which type of agreement works better between a cloud provider and users, i.e. license, service or hybrid?
Korelskiy Ischuk Astafiev & Partners has become the official legal consultant of the International Chess Federation.
Egorov Puginsky Afanasiev & Partners has helped the Samolet Group register the trademark of the group’s brand with Russia’s Federal Service for Intellectual Property, or "Rospatent."
The Moscow office of DLA Piper has picked up a four-person Real Estate team from Clifford Chance, led by Senior Counsel Marc Bartholomy and including Legal Director Nick Diakoumis, Senior Associate Anna Krutik, and Associate Alexandra Kuznetsova.
Elena Kucheryavaya has joined LifeScan as Legal Director EMEA and Personal Data Officer in Russia.
Egorov Puginsky Afanasiev & Partners has advised Russian retailer Lenta on its re-domiciliation from Cyprus to Russia.
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 advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.
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 that enables thus 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
