DLA Piper has advised Renera, a Russian energy storage business owned by Rosatom’s Tvel Fuel Company, on the acquisition of a 49% stake in Enertech International, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. Monastyrsky, Zyuba, Stepanov & Partners advised Enertech on the deal.

Cloud solutions have proven to be cost-efficient, productive and flexible for any business sphere. Technically, they are not intended for downloading by users, as users only get access to certain functions. Still, sometimes download option is available. Hence a question: which type of agreement works better between a cloud provider and users, i.e. license, service or hybrid?

Korelskiy Ischuk Astafiev & Partners has become the official legal consultant of the International Chess Federation.

Egorov Puginsky Afanasiev & Partners has helped the Samolet Group register the trademark of the group’s brand with Russia’s Federal Service for Intellectual Property, or "Rospatent."

The Moscow office of DLA Piper has picked up a four-person Real Estate team from Clifford Chance, led by Senior Counsel Marc Bartholomy and including Legal Director Nick Diakoumis, Senior Associate Anna Krutik, and Associate Alexandra Kuznetsova.

Elena Kucheryavaya has joined LifeScan as Legal Director EMEA and Personal Data Officer in Russia.

Egorov Puginsky Afanasiev & Partners has advised Russian retailer Lenta on its re-domiciliation from Cyprus to Russia.

Russian lawyer Sergey Viktorov has joined Santen in Amsterdam as Compliance Director, EMEA.

The Moscow office of Dentons has advised the Puratos Group on its acquisition of 100% of the shares of Rushleb Research, a Russian manufacturer of biotechnological products for the baking industry.

Dentons has advised GEM Capital Holdings on its all-cash offer for the entire issued and to-be-issued ordinary share capital of Volga Gas. Mayer Brown reportedly advised the issuer.

The Moscow office of Dentons has advised Sberbank on its acquisition of 100% of shares in Yo-Engineering, the Russian developer of the Yo-mobile hybrid electric car, from Belarus-based KG Impex. Dentons was supported on Belarusian aspects of the deal by Stepanovski Papakul and Partners.

Debevoise & Plimpton has advised Ozon Holdings PLC, a Russian e-commerce platform, on the issue of USD 750 million senior unsecured bonds due 2026, convertible into American depositary shares, representing ordinary shares of Ozon.

Acting on behalf of firm client CD Land Contact LLC, Russia's Intellectual Capital law firm has initiated bankruptcy proceedings against Fortes LLC.

DLA Piper has advised Elektrozavod Group, a Russian manufacturer of transformer equipment, on the RUB 30.5 billion sale of a 94.01% stake in JSC Elektrozavod and 100% in LLC Elektrokombinat to LLC Megapolis Invest, a joint venture between Sistema and Sberbank Investments. Cleary Gottlieb Steen & Hamilton advised the buyers on the deal.

Several years ago, certain amendments concerning the status of a CEO in Russia (in Russian corporate law, as a rule, this position is called General Director) were introduced to the Russian Civil Code as a part of a major reform of Russian civil legislation. Among these changes was the introduction of the ability to limit the liability of a CEO for damages he or she inflicted on the company, although this is still not widespread and is untested in practice. In this article, we address certain key issues regarding the civil liability of CEOs in Russia, including its potential limitation.

The Chinese Belt and Road Initiative is one of the most ambitious development projects since the turn of the century. Through thousands of individual projects implemented under the BRI umbrella, China intends to develop land and sea corridors to support economic trade and development, integrate various regions of the world, and facilitate policy coordination, connectivity, unimpeded trade, financial services, and the connection of people. The BRI was launched in 2013, and last year was revamped with a new set of objectives.

New technologies are all the rage, as law firms adapt to the telecommuting and digitalization realities that accompanied the Covid-19 pandemic. Accordingly, we decided to ask our Law Firm Marketing experts from across the region a simple question: “What is the single most important/valuable piece of software you use?” As always, we asked respondents to focus on the question at hand, rather than – as we put it – using the question simply as an excuse to “tell us that their firms are awesome.” Not everyone was able to resist.

Morgan Lewis has advised a consortium of investors led by the Russia-China Investment Fund on the establishment and development of the Binnopharm Group pharmaceutical holding.