The Russian Government has begun preparing a draft law to amend the Federal Law “On Insolvency (Bankruptcy)” among other Russian legislative acts (the “Draft Law”). This Draft Law will have a strong regulatory effect on businesses and has already received mixed reactions from the various parties involved in bankruptcy proceedings.
Attorneys of the Litigation Practice at EPAM in St. Petersburg have successfully defended the interests of the founders of air carrier Transaero in a dispute over a major loan that formed part of the company’s bankruptcy proceedings.
In one of the biggest bankruptcy cases in modern Russian history, a team from the Litigation Practice at EPAM in St. Petersburg has successfully deflected the latest claim submitted by the bankruptcy trustee in the Transaero bankruptcy case.
EPAM is pleased to announce the promotion of a number of senior associates at the Firm’s Moscow and St. Petersburg offices. Effective July 1, 2019, Evgeny Gurchenko, Victor Radnaev, Vladimir Talanov and Oleg Ushakov have been promoted to counsel.
A team from the Litigation Practice at EPAM in St. Petersburg, representing the interests of a client in the Commercial Court of the North-Western Federal District, secured a new hearing in a case involving a RUB 2.5 billion subsidiary liability claim against a former shareholder in Energocapital, the largest brokerage firm in north-western Russia.
Attorneys of the Litigation Practice at EPAM have successfully represented the state-owned enterprise Morsvyazsputnik, the only Russian supplier of INMARSAT satellite communications services, in a contractual dispute with Glonass North-West. The associates are now to represent Morsvyazsputnik against the company in compulsory liquidation proceedings.
On March 28 and April 4, 2014 EPAM and NPP Russian Corporate Counsel Association held a two-day workshop where the Firm’s leading litigation experts addressed the recent trends and the specificities of dispute resolution in various fields, and provided guidelines on how to avoid disputable situations.
Attorneys of EPAM contributed to the World Bank’s Doing Business 2014 Report, the 11th edition of a joint project of the World Bank and International Finance Corporation (IFC).
On 6 March 2013 EPAM held a business breakfast on Control of Insolvency (Bankruptcy) Proceedings: Skills of Efficient Participation.