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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 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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