Clifford Chance is reporting that the Russian Appellate Court has found the firm's arguments for firm client Sberbank persuasive and overturned the judgment of the court of first instance in the case of Transneft vs Sberbank.
Intellectual Property protection in its modern sense is considered to be quite young in Russia. Although Russia is not far behind world standards for protection and enforcement of Intellectual Property, major changes took place in Russia in 2008. Almost ten years ago the Fourth Chapter of the Russian Civil Code incorporating various Intellectual Property-related rules came into effect. Of course, this area of law is still changing, leading to new amendments, improvement proposals, and legal discussions.
Clifford Chance's Moscow office has advised Pfizer on its agreement to provide finance and technology to Russian pharmaceutical company NovaMedica for the construction of a new production facility in Russia, with the medicines licensed and manufactured under the agreement to be sold by Pfizer and NovaMedica in Russia and the CIS.
Cobalt has advised AS Storent Investments, a rental equipment company operating in Baltics, Finland, and Sweden, on its acquisition of Cramo operative companies in Latvia (SIA Cramo) and Kaliningrad (OOO Cramo Kaliningrad) consisting of seven rental depots with 43 employees. Storent was advised on Russian aspects of the deal by Alrud, and Cramo Plc was advised by KPMG.
Redcliffe Partners has acted as Ukrainian law counsel to Grupo Bimbo, the world’s largest baker and distributor of baked goods, in connection with its USD 650 million acquisition of the foodservice-focused company East Balt Bakeries from private equity fund One Equity Partners. White & Case, Cleary Gottlieb Steen & Hamilton, and Morgan Lewis acted as international legal counsel to Grupo Bimbo. Baker McKenzie advised One Equity Partners on the deal.
Goltsblat BLP has advised Deutsche Bank Technology Centre on its lease of 8200 square meters of office space in Moscow’s Aquamarine III Business Centre at 24 Ozerkovskaya Embankment from AFI Development. Goltsblat BLP describes the transaction as representing "the biggest Class A office lease deal in Moscow this year so far."
Orrick is reporting that, on July 18, 2017, the U.S. District Court of the Northern District of California dismissed, with prejudice, plaintiffs’ claims against JSC Rusnano and other defendants in a case challenging Rusnano's acquisition of the Nitol plant in the Irkutsk Region of Russia. Orrick represented JSC Rusnano and nine other corporate and individual defendants in the case.
Sulija Partners Law Firm Vilnius has assisted AB AviaAM Leasing, a Warsaw Stock Exchange-listed global aviation holding company, with the sale of four Airbus A320 aircraft to a subsidiary of GTLK Europe, an Ireland-based international leasing company. Allen & Overy Moscow advised GTLK Europe on the deal.
Rodin & Partners, which describes itself as "an independent law firm with a focus on infrastructure, public-private partnership, energy projects and local and international dispute resolution," was launched in Russia on July 5, 2017. The firm consists of Artem Rodin, ex-partner of infrastructure, PPP and energy practice at CMS, and Timur Djabbarov, previously a senior litigation associate in the complex commercial litigation group at Dechert.