Thu, Feb
53 New Articles

Noerr Advises Aluminium Rheinfelden Group on Sale of Assets to RUSAL

Noerr Advises Aluminium Rheinfelden Group on Sale of Assets to RUSAL

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Noerr has advised the Aluminium Rheinfelden Group on the sale of its assets to Russian aluminum manufacturer RUSAL, in the form of an asset-reorganization deal.

Aluminium Rheinfelden is a German aluminum manufacturer that was founded in 1898.

RUSAL is a Moscow-headquartered manufacturer of aluminum and its alloys. The company employs around 64,000 people and operates its assets in 13 countries across five continents. RUSAL reported USD 9.7 billion in revenue in 2019.

According to Noerr, “on September 22, 2020, the Aluminium Rheinfelden Group applied for the initiation of insolvency proceedings as self-administration proceedings…[and] the takeover is still subject to the approval of both the German Federal Ministry for Economic Affairs and Energy and the Federal Cartel Office.”

Noerr’s team included Frankfurt-based Partners Thomas Hoffmann and Christof Federwisch, Associated Partner Andrea Braun, and Associate Sabrina Lux; Munich-based Partner Christoph Rieken and Associates Niclas Gajeck and Katja Schmitt; Berlin-based Partner Kathrin Westermann; Brussels-based Associated Partner Claus Zimmermann; and Dusseldorf-based Associate Linda Degen.

The firm did not reply to an inquiry about the deal.

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


Our Latest Issue