Kommersant Publishing House has included Maxima Legal in the list of leaders of the legal market in Russia-2025
Kommersant Publishing House has published the results of its own annual survey of the legal business in Russia. Maxima Legal has confirmed its reputation as one of the leading domestic legal consultants, having been recognised in 25 rating categories, 18 of which are in the 1st band of the survey. It should be noted that Kommersant has included…
24.04.2025
Rossiyskaya Gazeta newspaper recommended 12 Maxima Legal lawyers in 12 areas of legal support
For the second time, Rossiyskaya Gazeta newspaper conducted a large-scale survey of the Russian legal market and compiled its own ‘Rating of Lawyers and Their Companies’. According to the newspaper, ‘getting into the rating is the result of recognition of the quality of work and reputation of a particular specialist’: more than 2,000 applications…
05.12.2024
Anna Skrinnik has commented for DP on the inclusion of small regional banks in the US sanctions lists
At the end of November, the US updated the SDN list of blocking sanctions. It includes more than 50 Russian banks, more than 20 registrar companies, and securities infrastructure companies. Among the sanctions newcomers are six St Petersburg banks, most of which do not even have their own mobile apps, which could now disappear from Apple or Google…
25.11.2024
Dmitry Uryakin discussed with DP the specifics of disputes between Russian businesses and foreign counterparties
Peterburgskiy Traktorniy Zavod (Petersburg Tractor Plant), a manufacturer of agricultural and industrial machinery, is involved in a series of disputes with foreign counterparties. In particular, a complaint has been filed by GKN Walterscheid Getriebe GmbH, a British manufacturer of vehicle parts, from which the Commercial Court of St Petersburg…
14.10.2024
Anastasia Samusenko explained to NP what the reshuffling of the owners of the dairy products producer Galaktika might be related to
There have been changes in the ownership of the large dairy products manufacturer Galaktika. According to Kontur.Focus service, until recently 32% of shares of Galaktika Ltd. belonged to Lateo Ltd. associated with the founder of Latvian holding Food Union Andrey Beskhmelnitsky. Another 26% was held by Altair Holding JSC, 3.79% by Igor Dyu, 19.3%…
04.09.2024
Nikita Deynega discussed with DP what legal services will be most in demand by businesses in the near future
A research conducted by Delovoy Peterburg newspaper showed that, local lawyers expect that in the second half of the year business will most often turn to them on issues related to the application of sanctions and anti-sanctions legislation. Sanctions imposed by foreign countries, as well as countermeasures to support domestic businesses, not only…
13.08.2024
Sergey Tarasevich has assessed for RBC the results of the first round of frozen assets exchange
The Russian authorities managed to carry out the buyout of blocked assets of Russians by foreigners despite sanctions and other restrictions of the European Union, including a direct ban on the participation of the EU citizens in the procedure. Recall that this is a mechanism where foreign investors can buy back blocked foreign assets from…
13.08.2024
Sergey Tarasevich has assessed for RBC whether the extension of OFAC's general licences for certain transactions with Moscow Exchange and its constituent entities will affect private investors whose assets are blocked at Euroclear
The US Office of Foreign Assets Control (OFAC) has extended until 12 October 2024 the licences allowing foreign counterparties to complete transactions with the Moscow Exchange and its constituent entities - the National Clearing Centre (NCC) and the National Settlement Depository (NSD), which have been placed under blocking sanctions. At RBC's…
02.08.2024
Dmitry Uryakin has explained to Mashnews why the court was able to recover almost RUB 17bn from Volkswagen under the framework agreement
The Commercial Court of the Nizhny Novgorod Region, applying Swiss law, recovered RUB 16.9 bn from Volkswagen Acciengesellschaft in favour of Gorky Avtomobilny Zavod (Gorky Automobile Plant). The companies entered into a contract under which Volkswagen undertook to supply diesel engines and spare parts to Nizhny Novgorod. At the same time,…
01.08.2024
Sergey Tarasevich has explained to RBC how the EU ban on participation in asset swaps with Russians could affect foreign investors
In November 2023, the Russian President signed a decree allowing Russian and foreign private investors to exchange blocked assets. The transactions are scheduled for 12 August 2024, with Russian investors offering to redeem about 2,500 assets worth a total of RUB 35 bn. However, on 24 July 2024, the European Commission banned citizens and legal…
25.07.2024