The Lawyer European Awards 2010 presenting a film on EPAM
A film on EPAM is posted on the The Lawyer magazine website.
HUMAN RIGHTS DAY. Failures and Triumphs
Reflections by Jerome J. Shestack on Human Rights Day published on the ABA website
Legal Week features llya Nikiforov commentary on specialties of Russian legal market
Volatility of the Russian market - which saw its gross domestic product (GDP)contract by as much as 7.9% in 2009 but spring back to a growth of 5.4% this year – has seen it become both adversary and temptress for the law firms practicing in the market.
Commercial Real Estate features Elena Pristanskova commentary on legal requirements for facilities that use hazardous substances
Russia now has virtually no speculative projects in the segment of refrigerated warehouses. They are typically expensive to build, there are fewer chances to lease them, while they beget many specific requirements. Experts say this segment of warehouses will come back to the market as soon as the market stabilizes.
The International Comparative Legal Guide to: Competition Litigation 2011. Russia Chapter
Grigory Chernyshov and Natalia Korosteleva authored the Russia Chapter of The International Comparative Legal Guide to: Competition Litigation 2011 (3rd Edition)
Overview of Anti-corruption Laws in Russia
Mikhail Kazantsev and Victoria Burkovskaya authored the Russia chapter of Comparative Summary of Anti-Corruption Laws in the CIS Economic Region (1st edition).
Commercial Real Estate publishes Igor Serebryakov commentary on Russia's Government support housing program
One of the recent actions of Russia's Government to support the housing program was to make VneshEconomBank issue a 40-billion-ruble credit for the Agency for Housing Mortgage Lending. According to the Stimulus Program, 2 million sq m of economy class residential real estate will be built. The program mainly targets projects in Russia's regions, as well as some projects near Moscow.
International Oil and Gas Arbitration in Russia/CIS Countries
Evgeny Raschevsky and Olga Vishnevskaya authored the Russian chapter for the International Commercial Arbitration Practice: 21st Century Perspectives. This collective work, co-edited by Horacio A. Grigera Naón and Paul E. Mason, captures the development of ICA from different perspectives and uniquely brings together the ideas, suggestions and perspectives of in-house counsel as the most important users of ICA, along with outside counsel, arbitrators themselves, and major arbitration organizations who all help provide the service.
Top Legal International Reports on Igor Schikow Appointment Head of Tax Practice
Russian independent EPAM has expanded its tax practice, to be led by Igor Schikow, who had worked at the Moscow office of Germany's Roedl & Partner.
The European Lawyer reports on Mikhail Kazantsev promotion to Partner
Russian law firm EPAM and the Polish practice of Salans have both recently made internal partnership promotions.
RUSSIA: You have an award, but now what?
Victor Dumler considers the ease of enforcing foreign arbitral awards in Russia – particularly recent cases where parties have resisted enforcement saying they were not notified of necessary information regarding the arbitration or that it breached public policy.
EPAM advises on €595m energy deal
The energy group of Dutch firm Nauta Dutilh was lead counsel for MISC Berhad, the shipping subsidiary of Malaysia's national oil company Petronas, in its acquisition of a 50% stake in Vitol Tank Terminals International (VTTI) for $735m (€595m) in cash.
Interfax cites EPAM statement on Anatoly Karpov nomination as World Chess Federation president
A Russian law firm said Anatoly Karpov, former world chess champion, nomination as a candidate for World Chess Federation (FIDE) president is illegal.
The Moscow Times features Dmitry Stepanov comments on a draft legislation against Russian-style corporate raiders
Kremlin-drafted legislation aimed against Russian-style corporate raiders — unscrupulous businesspeople who seize property through dubious registrations and share emissions — will come up for a first reading in the State Duma. But the legislation, which introduces harsh penalties for raiders, might also backfire and hurt rightful shareholders because of deep-rooted corruption, legal experts said.
The Moscow Times features Grigory Chernyshov comments on a bill that would fight circular ownership structures by depriving a company's subsidiaries of voting rights and dividends from owning shares in the parent firm
State Duma deputies have introduced a bill that would fight circular ownership structures by depriving a company's subsidiaries of voting rights and dividends from owning shares in the parent firm, although experts said the proposals went too far. The amendments limiting the use of cross holdings were submitted by four Duma committee chairmen from United Russia. When subsidiaries buy the parent company's shares, managers are able to control the firm to shareholders' detriment and the company becomes less transparent, the deputies wrote in explanatory notes to the bill. There are also risks of conflicts of interests, Viktor Pleskachevsky, a co-author of the bill and chairman of the Property Committee said.