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EPAM Advises HTS Tentiq on Currency Control Issues

EPAM Advises HTS Tentiq on Currency Control Issues

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Egorov Puginsky Afanasiev & Partners has provided legal support to Germany's HTS Tentiq on contractual and currency control issues in Russia.

Established in 2001, HTS Tentiq is a German marquee and structure supplier, manufacturing temporary and semi-permanent event tents and temporary structures for the private and public sectors.

According to EPAM, "the firm advised on the preparation of contractual documents to meet Russian currency control regulations. As a result, the currency control department of the counterparty’s bank released the payments, and the counterparty started to pay off the outstanding amounts."

The EPAM team was led by Partner Ilona Zekely and included Counsels Elena Agaeva and Alexey Karchiomov, Associate Yulia Beliakova, and Junior Associate Arina Nikulushkina.