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Alrud and Monastyrsky, Zyuba, Stepanov & Partners Advise on Mechel Group's Sale of 51% of Elga Coal Project

Alrud and Monastyrsky, Zyuba, Stepanov & Partners Advise on Mechel Group's Sale of 51% of Elga Coal Project

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Alrud has advised the Mechel Group on the sale of its 51% participatory interest in the companies which operate the Elga coalfield project in Russia to A-Property. Monastyrsky, Zyuba, Stepanov & Partners advised A-Property on the deal, which was valued at RUB 89 billion.

The Elga coalfield owns one of the world’s largest deposits of high-quality coking coal. Its estimated reserves are approximately 2.2 billion tons.

Alrud’s team included Partners Andrey Zharskiy and Alexander Zharskiy, Counsel Oleg Ezhov, and Associates Kristina Akalovich, Anna Derbak, and Irina Cherdintseva.

Monastyrsky, Zyuba, Stepanov & Partners' team included Partner Mikhail Motrich and Senior Associate Alena Shubina.

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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 handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

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, 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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