Maxima Legal has been selected by Institute Stroiproyekt to provide legal assistance following Stroiproyekt winning a tender to develop the technical and economic scheme for the construction of a tram line between Saint Petersburg and Leningrad oblast on the basis of a concession agreement.
The pharmaceutical market is one of the fastest growing markets in Russia, and despite external and internal issues, it is set to grow even further. Foreign pharma companies are expanding into Russia and quite often, at the initial stage, they do not have subsidiaries but are mostly focused on marketing and promotional activities through representative offices. They should, however, consider the approach of the Russian tax authorities in taxing foreign representative offices (ROs) and consider alternative distribution arrangements.
St. Petersburg International Legal Forum 2019, May 14-18, 2019, St. Petersburg, Russia
Clifford Chance has advised IHI plc, owners of the Corinthia Hotels Group, on the acquisition of a property at 10, Tverskaya, in Moscow, related to the recently announced Corinthia Hotel & Residences project in Moscow. The Moscow office of Bryan Cave Leighton Paisner reportedly advised the seller, Cyprus's Barlands Holdings Limited.