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White & Case Advises Yandex on Acquisition of Site for Moscow Headquarters

White & Case Advises Yandex on Acquisition of Site for Moscow Headquarters

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White & Case has advised Russian online search provider Yandex on its proposed acquisition of rights to a four hectare plot of land in Moscow for the construction of its new headquarters.

The total acquisition cost of the land will be approximately USD 145 million.

White & Case advised Yandex on a series of agreements with the owner of the principal facility, which is located on Kosygina Street in Moscow, as well as other owners of smaller adjacent facilities. The closing of the acquisition remains subject to certain conditions, including approval by the Moscow City Government. 

The White & Case team was led by London and Moscow-based Partner Eric Michailov and Moscow-based Counsel Daria Plotnikova and included Moscow Local Partner Ekaterina Logvinova, Counsel Pavel Boulatov, and Associates Timofey Neklyudov, Evgeny Chernyavsky, Adel Shageev, Maria Kulmukhametova, and Alexander Sysoev.

White & Case did not reply to our inquiries 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

 

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