Banking & Finance and Capital Markets lawyers at EPAM concluded counselling on the fifth securitization of the Absolut Bank mortgage loan portfolio. The aggregate transaction amount exceeded 3 billion rubles.
EPAM’ attorneys advised BNP Paribas Fortis Private Equity Belgium, part of BNP Paribas Group, on red flag analysis of contracts for the provision of freight forwarding and customs representative services and storage.
On August 26, 2020, the online discussion “Endless Fairy Tale: How Shall Business Owners Play by Newly Changing Rules” was held by EPAM (EPAM) with information support from RBC Pro*. The event addressed the twists and turns of tax laws for companies and individuals in Russia, UK, Liechtenstein, as well as in Cyprus and Malta.
EPAM' M&A and Corporate, IP and International Trade & Customs Attorneys have been advising Clemco International - the largest global US-based manufacturer of air-powered abrasive blasting equipment for all industries – on IP, corporate, customs and regulatory matters.
EPAM provided legal support to DynaEnergetics, a world leader in the manufacturing and selling of oilfield equipment, in a complex project on closing its plant and selling its subsidiary in the Tyumen region of Russia.
On June 30, 2020, Haldia Petrochemicals Limited, the flagship company of The Chatterjee Group (TCG), and investment funds affiliated with Rhône Capital successfully completed the joint acquisition of Lummus Technology from McDermott International. Under the terms of the share and asset purchase agreement, Chatterjee and Rhône committed to acquiring Lummus from subsidiaries of McDermott as part of McDermott’s restructuring process.
EPAM together with Eversheds Sutherland managed to have unlawful judgments cancelled by the Intellectual Property Court for the second time, thus progressing in the protection of Bayer’s intellectual property rights.
Partner co-heading the Firm’s International Arbitration and Litigation Practice Evgeny Raschevsky is now among the arbitrators of the Board for International and Investment Disputes at the RSPP Arbitration Center.
In March 2020, the Finnish energy company Fortum finalized the purchase of a majority stake in the German company Uniper - representing a landmark deal for the energy industry. EPAM represented Fortum before the Governmental Commission for Foreign Investments and the FAS Russia.
The General Assembly of Association of Antitrust Experts (AAE) members was held on July 30, 2020. EPAM Counsels Denis Gavrilov and Maria Kobanenko were elected to the AAE General Council by a majority vote. Andrey Rego, Head of Regulatory Department at Mobile TeleSystems PJSC, was elected the Chairman of the AAE General Council. This is Maria’s debut appointment to the AAE General Council and the fourth one for Denis.
Effective July 1, 2020, Lev Vasilievykh has been promoted to a counsel in the Litigation Department of the Firm.
On July 15, 2020, the State Duma Committee on Labor, Social Policy and Veterans’ Affairs made a decision to establish a working group to prepare a draft law on remote work* which Anna Ivanova – Head of Employment Practice at EPAM – will join.
On 30 June 2020, the unique refinancing of a public-private partnership project through placing of secured social bonds worth over RUB 5.6 bn was successfully closed. As part of the project, VIS Group built 12 social infrastructure facilities in Yakutsk. EPAM’ team contributed to the project.
Litigation attorneys of EPAM have secured another victorydefending the world’s leading carpooling service BlaBlaCar in a cassation court.
On 9 June 2020, leading global aluminum producer RUSAL successfully placed its bonds on the Moscow Exchange. EPAM (EPAM) provided legal advice to OJSC RUSAL Bratsk which acted as the issuer.