An interview with Julien Hansen of DLA Piper Moscow.
Market Snapshot: How Investors in Russia Can Restore Corporate Control
“Loss of corporate control” encompasses various scenarios involving a person who controls a corporation ceasing to control its management bodies’ actions and decisions.
Market Snapshot: Sanctions-Related Amendments in Russian Commercial Procedure
As of June 19, 2020, Russian arbitrazh (commercial) courts have exclusive jurisdiction to hear certain cases related to “anti-Russian” sanctions. Affected legal entities and individuals may also apply for anti-suit injunctions in an attempt to prevent counterparties from pursuing claims abroad. Recent cases show that these new entitlements are not as favorable as once thought.
Between a Rock and a Hard Place: Practicing Law in Crimea
Since the Russian Federation’s annexation of Crimea in 2014, the peninsula in the Black Sea has been a minefield of conflicting international claims and interests, putting lawyers trying to work there, boxed in by the threat of sanctions from the West and counterveiling pressure from Moscow, in an untenable position.
Guest Editorial: Trends in the Russian Legal Market
Several important trends have appeared on the Russian legal market since 2014, the first year of EU/US sanctions and Russian countersanctions: 1) the growth in the market share of domestic law firms; 2) the in-sourcing of a large amount of legal work inside corporate legal departments; 3) the entrance of nonconventional players (such as banks and mobile operators) into the legal services market; and 4) the increased focus of lawyers on IT solutions and efficiency.
Timur Aitkulov Leads Dispute Resolution Team Splitting Off from Clifford Chance Moscow
As expected, Clifford Chance Moscow has spun off its entire Dispute Resolution team into a new and independent boutique on the Russian market: Aitkulov & Partners.
White & Case and Dechert Advise Sibur and Sinopec on Joint Venture Establishment
White & Case has advised Russia-based petrochemicals company Sibur Holding on its sale of 40% of its stake in Amur Gas Chemical Complex to China’s energy and chemicals company Sinopec. Dechert advised the buyer on the deal.
Clifford Chance and Allen & Overy Advise on Sovcombank's USD 350 Million ESG Loan in Russia
Clifford Chance’s Moscow office has helped Sovcombank obtain a USD 350 million ESG loan -- its first loan based on environmental, social and governance principles.
Stetom Advises Eastfield on Restructuring and Sale of Raevskoe Winery
Stetom has advised Slovak private equity group Eastfield on the restructuring and subsequent sale of the Raevskoe winery, together with vineyards and agricultural land plots in Anapa, in the Black Sea coast region, to the Krasnodarzernoprodukt Group.
Former Managing Partner Oxana Balayan Leaves Hogan Lovells Moscow to Launch New Consultancy
Former Hogan Lovells Moscow Managing Partner Oxana Balayan has left the firm to found her own consultancy -- the Balayan I Group -- which is scheduled to open its doors in April, 2021.
Maria Kobanenko Makes Partner at Egorov Puginsky Afanasiev & Partners
Russian lawyer Maria Kobanenko has been promoted to Partner at Egorov Puginsky Afanasiev & Partners.
DLA Piper and Linklaters Advise Raspadskaya on Acquisition of Yuzhkuzbassugol in Russia
DLA Piper has advised Raspadskaya on its USD 920 million acquisition of Russian coal producer Yuzhkuzbassugol from EVRAZ that, the firm reports, "will lead to the creation of Russia’s largest and the world’s fifth largest coking coal company." Linklaters advised the seller on the deal.
Yury Babichev Makes Partner at Bryan Cave Leighton Paisner
Former Counsel Yury Babichev has been promoted to Partner at Bryan Cave Leighton Paisner.
Vironika Pilyugina Makes Partner at Hogan Lovells in Moscow
Vironika Pilyugina has been promoted to Partner at the Moscow office of Hogan Lovells as part of the firm's global promotion round.
Dmitry Kaysin Promoted to Partner at Rybalkin, Gortsunyan & Partners
Former Counsel Dmitry Kaysin has been promoted to Partner at Rybalkin, Gortsunyan & Partners.
Liniya Prava Advises ITI Capital on SKCN Finance’s RUB 2.5 Billion Bond Issue
Liniya Prava was lead counsel to ITI Capital, co-arranger along with Sovcombank, EDB, Freedom Finance, and Univer Capital, on SKCN Finance’s RUB 2.5 billion debut bond issue. The ultimate borrower was Samruk-Kazyna Construction, a Kazakh operator of state programs in residential and commercial real estate that is wholly-owned by state-owned Samruk-Kazyna National Welfare Fund JSC. The Lecap law firm reportedly advised ITI Capital on an element of the issuance as well.
Stanislav Petrov Makes Partner at Infralex in Moscow
Stanislav Petrov has been made Partner at Moscow's Infralex Law Firm.
Andrey Gorodissky & Partners Advises Tashir Medica on Investment in Botkin.AI
Andrey Gorodissky & Partners has advised Tashir Medica on a Round B investment in Botkin.AI.