Maxima Legal announces launch asset rescue project blocked by EuroClear
In March 2022, the National Settlement Depository (the NSD) reported that its account operations were restricted by EuroClear; in June, the depository was officially added to the sanctions list. The situation is exceptional and no unequivocally effective way to resolve it has been formed so far. Therefore, Maxima Legal launched several legal…
06.09.2022
Natalia Demina analyzed for Finversia the situation with blocked Russian's assets in Europe
Natalia Demina, Partner, Head of Private Wealth practice at Maxima Legal, spoke on the problem of blocking of Russian private investors' securities by EuroClear and assessed the possible ways of rescuing these assets, especially for the financial portal Finversia. "There are a number of administrative and judicial options. In all options the…
29.08.2022
Natalia Demina has explained to Financial One how to legally deal with blocked assets
In an interview with the Financial One online magazine for financial markets, Natalia Demina, Partner and Head of Private Wealth practice at Maxima Legal, explained what legal measures could help Russian investors to unblock assets placed with the National Settlement Depository (NSD) that have been "frozen" by EuroClear. "From a legal point of…
24.08.2022
Maxima Legal experts have discussed with Delovoy Peterburg the nuances of opening personal and corporate accounts abroad
According to Delovoy Peterburg newspaper, about 85% of Russians who had accounts abroad until March 2022 kept money mainly in banks in Austria, Luxembourg, Monaco, Switzerland and several other European countries. However, against the backdrop of sanctions, Russian citizens began to massively open personal or corporate bank accounts in…
21.08.2022
Natalia Demina commented for Forbes on the UK's introduction of a new Register of Overseas Entities
The UK has launched a Register of Overseas Entities, under which all foreign companies owning property in the country are required to disclose their real owners by 31 January 2023. The real beneficiaries are defined as those who own at least 25% of the shares in the legal entity that owns the property. The register was introduced under the new…
01.08.2022
Natalia Demina has explained to Forbes how the sanctions imposed on mr Potanin could affect his divorce
On 27 June 2022, Vladimir Potanin, the second richest man in Russia, challenged in the Supreme Court of the UK a decision to have his divorce proceedings heard by a British court. On 29 June 2022, the UK authorities imposed personal sanctions on the billionaire. This measure might influence on the venue and prospects of the dispute over the…
11.07.2022
Natalia Demina explained to Delovoy Peterburg the business prospects in the absence of legacy planning
The newspaper "Delovoy Peterburg" has pointed out that entrepreneurs prefer not to rush into decisions on transferring assets to heirs. At the same time, there are more and more "high-profile" inheritance disputes. Among the latest examples are numerous lawsuits between heirs of Natura Siberica cosmetics production, dispute between relatives of…
17.05.2022
Maxima Legal has been recognised in all areas of Pravo.ru's Private Equity research
Pravo.ru legal media has studied in detail the market for services for HNWI-clients for the first time. As a result, the media has identified 7 most relevant areas of legal support, for each of which specific services and law firms providing them have been singled out. Maxima Legal has become one of 4 companies out of 76 which cover the whole…
27.04.2022
Natalia Demina told Pravo.ru how the demands of wealthy clients have changed
Pravo.ru portal interviewed experts in the field of legal support for private clients on how their clients' needs have changed in the current situation, what tasks are set for lawyers and what skills are expected of them. Natalia Demina, Partner, Head of Private Wealth practice at Maxima Legal, told Pravo.ru that the work of her team is now mainly…
25.04.2022
Kommersant Publishing House has confirmed Maxima Legal's expertise in 36 nominations of its own legal rating
Kommersant Publishing House has published its own annual research of legal business in Russia. According to the results, Maxima Legal has confirmed its reputation of one of the leading legal advisors in Russia with 34 rating nominations. In particular, the Kommersant has included the company in its list of recommended law firms in 13 practice…
21.03.2022