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DLA Piper Advises ADG Group on Acquisition of Cinema Operator in Russia

DLA Piper Advises ADG Group on Acquisition of Cinema Operator in Russia

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DLA Piper Moscow has advised the ADG group on the acquisition of Russian cinema operator Modern.

The ADG group was founded in 2004 for the development of large regional centers in Russia. The company’s portfolio contains more than a million square meters of projects throughout the country.

Modern is an anchor tenant in the ADG group’s Neighbourhood Centres project, which the firm describes as "a new commercial real estate asset class" redeveloped from "39 outdated cinemas located in Moscow's densely populated urban areas" that were acquired by the ADG group in 2014. According to DLA Piper, “Modern, with its 33 cinemas, will offer a choice of Russian and international films on 160 screens.” 

DLA Piper's team consisted of Partner Julien Hansen and Associate George Avery.

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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