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Akin Gump Advises Mail.ru on E-Gaming Joint Venture

Akin Gump Advises Mail.ru on E-Gaming Joint Venture

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Akin Gump is advising Russian Internet and IT company Mail.ru Group Limited on the formation of a joint venture between its ESforce e-sports business and games producer Modern Pick.

Akin Gump reports that the transaction, which involves the transfer of a 51% stake of ESforce to Modern Pick, is “expected to close shortly.”

According to Akin Gump, this joint venture will enable both parties to have “access to a broader games portfolio and expertise in games development, e-sports teams, broadcasting, video production, streaming, tournament organization, and venues, combined with an extensive set of media and global brand partnerships."

Akin Gump's London-based team includes Partner Artem Faekov, Counsel Jasdeep Rai, and Associate Harpreet Hundal.  

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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