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Akin Gump, Cleary, Debevoise, and Linklaters Advise on Mail.ru, AliExpress, MegaFon, and RDIF Joint Venture

Akin Gump, Cleary, Debevoise, and Linklaters Advise on Mail.ru, AliExpress, MegaFon, and RDIF Joint Venture

Russia
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Akin Gump has advised Russian Internet and IT company Mail.ru on the formation of a joint venture with the Alibaba Group, a global digital commerce company, PJSC MegaFon, a pan-Russian operator of digital opportunities, and the Russian Direct Investment Fund, Russia’s sovereign wealth fund. Cleary advised MegaFon on the deal, while Linklaters advised the Russian Direct Investment Fund. Debevoise advised Alibaba.

The joint venture has received approval from the Federal Antimonopoly Service in Russia.

Akin Gump's team in London included Partners Artem Faekov and David Sewell and Associate Harpreet Hundal, while its team in Moscow included Partner Vladimir Kouznetsov and Counsel Anna Semashko.

Cleary's team in Moscow included Partners Yulia Solomakhina and Murat Akuyev, Associate Ilya Nekrasov and Paralegal Taisiya Kogalenko. Its team in London included Partner Richard Sultman and Associates Bridget English and Edward Hicks.

The Linklaters team included Partner Grigory Gadzhiev, Managing Associate Ivan Chuprunov, and Associates Leonid Lepold and Anna Tiunova.

The Debevoise team included Hong-Kong-based Partner Edwin Northover, Associates Wen-Wen Lai, Monisha D'souza, and Christian Richter, and Legal Consultant Yue Yang, Moscow-based Counsel Anna Maximenko and Associates Nikolay Kiselev, Elena Klutchareva and Mikhail Movshovich, Washington-based Partner Satish Kini and Associate Robert Dure, and London-based Partner James Scoville and Associate Heather Atkins.

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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.

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