Dentons has assisted Oleg Boyko, the founder and Chairman of the Board of Directors of Finstar Financial Group, on Finstar's acquisition of a 99.56% share of St. Petersburg's SIAB Bank PJSC.
Dentons has acted as English, Russian and US federal securities law counsel to Domodedovo Airport Group on its Rule 144A/Regulation S issuance of USD 453 million 5.35 percent loan participation notes due 2028; the consent solicitation and tender offer in relation to its loan participation notes maturing in 2021; and the capped tender offer with respect to its loan participation notes maturing in 2023.
DLA Piper has advised KazanExpress on an acquisition of a 30% stake in the company from AliExpress Russia — a joint venture between China’s Alibaba Group and Russia’s MegaFon, Mail.ru Group, and Russian Direct Investment Fund. Alrud advised AliExpress Russia on the deal. Financial terms were not disclosed.
For our Checking In feature, we reach out to partners and heads of practice across CEE to learn how specific practice areas are faring in their jurisdictions. This time around we asked Data Protection experts: Overall, how compliant would you say economic agents are with relevant local regulations on data protection, and what are the main gaps that have yet to be addressed?
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?