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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

Russian Knowledge Partner

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

 

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