EPAM attorneys successfully defended the interests of Unilin in cassation court. Unilin, part of Mohawk Industries Inc., the world’s largest flooring company had a case against Tarkett Rus, which had violated competition laws by creating obstacles to other flooring manufacturers entering the market.
EPAM Attorneys successfully defended the interests of Unilin, part of Mohawk Industries Inc., the world’s largest flooring company in a case against Tarkett Rus, which had violated competition law regulations by creating obstacles to other flooring manufacturers entering the market.
The Merger Control Review provides an incisive overview and analysis of the pre-merger competition and notification regimes across key jurisdictions worldwide, as well as a discussion of recent decisions, strategic considerations and likely upcoming developments.
The joint team of EPAM M&A and Corporate Law, Competition Law practices assisted in the sale of a Russian subsidiary of one of the world leaders in the supply of technologies and equipment to the Russian management, allowing it to maintain the uninterrupted operation of business in Russia.
Legal support included advising on the transaction structure, preparation of a package of transaction documents, as well as assistance with signing and closing the deal. Along with a tailored share transfer agreement and related documentation, additional legal instruments were utilised, such as option rights and rights of first refusal, restrictive covenants and guarantee instruments.
EPAM Competition Law Practice has protected an international flooring market leader by proving the anti-competitive nature of the franchising agreements and bonus programs of its competitor Tarkett, the largest Russian linoleum manufacturer.
EPAM advised on the Russian aspects of the USD550m acquisition of Tensar – a portfolio company of Castle Harlan Inc.'s funds, and the world-leader in the manufacture and supply of retaining walls, ground stabilisation and soil reinforcement solutions across 80 national markets – by Commercial Metals Company, US steel and metal manufacturer. The transaction was multi-jurisdictional and included Tensar companies in the US, Europe, China, Russia.
On April 18, 2022, the Ninth Arbitrazh Court of Appeal upheld the decision of the Moscow Arbitrazh Court, which ruled in favour of the international pharmaceutical corporation Novartis, which was represented by the legal team of EPAM. The court rejected Mammoth Pharm's demands to cancel both the decision and order of the Federal Antimonopoly Service in a high-profile case of unfair practices of a generic drug distributor who was producing generics in violation of a patent.
EPAM represented French Groupe BRIAND in its acquisition of the Russian subsidiary Astron from Swedish Lindab Group as part of a cross-border transaction. Groupe BRIAND acquired from Lindab Group companies and assets in the Czech Republic, France, Germany, Hungary, Luxembourg, Poland and Russia.
EPAM’s competition and litigation team of lawyers has successfully defended the interests of multinational pharmaceutical corporation Novartis before the Federal Antimonopoly Service of Russia and in court in a case involving a breach of the competition protection law by a distributor that commercialised a generic drug in an infringement of the patent rights to the original drug formula.
EPAM provided comprehensive legal support within a project, which was structured as a combination of asset and share deal and included transfer of shares in the Russian subsidiary of SAC to the buyer, BouMatic.
A landmark case in the digital segment in Russia was resolved on 19th January 2022, with the Moscow Arbitration Court approving the settlement agreement between Yandex, the Federal Antimonopoly Service of Russia (FAS) and the claimants in a dispute over unequal conditions promoting Yandex’s own search results, rather than searches provided by third-party services . Yandex unfairly prioritized its own searches through the exclusive use of enriched search capabilities.
EPAM will launch a series of workshops ‘Regulatory and Law Enforcement Inspections: How to Protect Yourself’, where attorneys of the Firm will address the mistakes made that might give rise to civil liability, hefty fines and criminal prosecution, while being the subject of an inspection and will advise on how to handle these inspections successfully.
EPAM’ attorneys provided legal support for the independent infrastructure operator Service-Telecom in obtaining the approval of the Federal Antimonopoly Service of Russia (FAS) to conclude a transaction to acquire a portfolio of mobile network towers from Veon Ltd. (Vimpelcom) in Russia for the amount of RUB 70.65 bn (US$ 957m). The deal included 100% of the shares of National Tower Company and about 15,400 mobile network towers.
Attorneys of EPAM provided comprehensive legal support to the Swedish IT company Burt Intelligence on their purchase of shares in the Russian intelligence platform Inventale.