EPAM provided comprehensive legal support on the Russian legal aspects of a cross-border M&A transaction between TAQA, the National Energy Company of Abu Dhabi (UAE), and Tendeka, the leading British engineering company present in the US, the UK, China, Australia, Canada, the UAE, Malaysia and the EU.
EPAM litigation attorneys represented the interests of Northern Capital Gateway Consortium, the Pulkovo airport operator in St. Petersburg, in the dispute with the major fuel company Nevsky Mazut.
On June 7, 2022, Ekaterina Verle, Counsel was appointed as the Co-Head of the Real Estate and Construction Practice at EPAM.
On May 30, 2022, the Moscow Exchange Executive board formed a new board of members of the Expert Council on Listing. Dmitriy Glazounov, Partner, Head of Banking & Finance Law and Capital Markets Practice at EPAM, was elected to the Council as a legal expert.
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 assisted Vivira (the German Medtech company, specialising in the development of software for digital healthcare) in concluding an agreement with Russian developers.
According to the European rules and case law, if the distribution right to the copy of a software program has been exhausted, the original purchaser can sell the software to a third party, whereas the creator of the software cannot prevent such a sale.
EPAM’ attorneys provided legal assistance to European banks – AIK Banka, Gorenjska Banka and Agri Europe Cyprus – on Russian aspects of Central and Eastern European financial institutions’ shares’ acquisition. The overall value of the transaction totaling EUR 7.3 bn.
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 litigation team defended FGUP Morsvyazsputnik, the only Russian provider of Inmarsat satellite services, in disputes with a mala fide counterparty.
The team of EPAM provided legal support to the Rusagro Group of Companies, the largest vertical agricultural holding in Russia, in securing trademark recognition of the Moscow Provensal brand.
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 lawyers advised on an international M&A transaction under English law involving the sale of a publisher of Pixel Gun 3D, the third most popular mobile first-person shooter game in terms of monthly players, for a total consideration of USD 70m.