DLA Piper has advised Hungary-based Egis Pharmaceuticals on its acquisition of the D-Panthenol brand, the second largest brand in the dexpanthenol market in Russia, and of a Russian gynaecology portfolio consisting of Vagilac, Feminal and Folacin brands, from Jadran-Galenski Laboratorij. CMS advised the sellers on the deal.
In recent years information security issues have become extremely important for companies in Russia and around the world. For example, in 2015, almost 300 million U.S. dollars were stolen from more than 100 banks and other financial institutions throughout the world. By the middle of 2016, FinCERT, the Russian system of monitoring of cybersecurity incidents in the financial sphere, had registered 21 targeted attacks aimed at thievery of approximately 2.87 billion rubles (approx. USD 48 million). In addition, during 2016, major Russian banks such as Sberbank, Otkritie, Alfa-Bank, VTB, and Rosbank suffered massive DDoS attacks.
The Esin Attorney Partnership and Baker McKenzie have advised Turkven Private Equity, the Akarlilar Family, and Mavi Giyim Sanayi ve Ticaret A.S.on Mavi's IPO. White & Case advised underwriters Bank of America Merrill Lynch, Goldman Sachs, and Is Yatirim on the IPO, which, with a market capitalization of TRY 2,135,300,000 (TRY 43 per share) and an offering of 27,311,350 shares, is the largest in Turkey since 2013.
In The Corner Office we invite Managing Partners at law firms from across the region to share information about their careers, management styles, and strategies. The question this time around: Is your personal practice more or less the one you anticipated when you finished law school, or did it change somehow in the interim?
The Moscow, London, Hong Kong, and Shanghai offices of Debevoise & Plimpton have advised Polyus Gold International Limited in connection with its agreement to sell an up to a 15% stake in PJSC Polyus for a total consideration of up to approximately USD 1.4 billion to a consortium led by Fosun International Limited and including Hainan Mining Co., Ltd and Zhaojin Mining Industry Company Limited. Norton Rose Fulbright advised the buyers.
Akin Gump has advised PJSC Lukoil on the sale of 100% of the shares in JSC Arkhangelskgeoldobycha Diamond Mining Company, one of Russia’s largest diamond miners, to the Otkritie Group. As reported previously, the buyers were advised by Skadden, Arps, Slate, Meagher & Flom.
Ilyashev & Partners has successfully represented SE Confectionery Corporation ROSHEN, PJSC Kharkiv Biscuit Factory, PJSC Confectionery Factory Kharkivyanka, and PJSC Poltavakonditer in an anti-dumping investigation related to the import into Ukraine of certain types of chocolate and other food products containing cocoa powder manufactured in the Russian Federation.
The 2017 CEE Legal Matters General Summit took place at the Intercontinental Hotel in Warsaw on June 1-2, 2017, once again bringing together well over a hundred General Counsel and Heads of Legal from across Central and Eastern Europe for two full days (and one entertaining evening) of seminars, panel discussions, best practices review, and networking. This year’s event — the third annual, following the 2015 GC Summit in Budapest and the 2016 GC Summit in Istanbul — was the biggest and most successful yet.
On May 31 and June 1, 2017, CEE Legal Matters was proud to host a rare event: A gathering of those senior lawyers from each Central and Eastern European country identified by peers as being most influential, most important, most uniquely responsible for having created the country’s modern commercial legal market.