Nikita Deynega has commented for RBC on NSD's arguments in the dispute over the legality of sanctions against it
On 23 January 2024, the Council of the European Union and the National Settlement Depository (NSD) exchanged arguments in a dispute over the legality of sanctions against NSD. According to the EU authorities, NSD supports the Russian government, including because it is almost 100% owned by MOEX (Moscow Exchange), which in turn is "highly…
25.01.2024
Sergei Tarasevich discussed with Cbonds Weekly News the changes in taxation of income in the form of material benefit
In 2024, the privilege of exemption from personal income tax on material benefit will no longer apply to investors who purchased a security at a discount of more than 20% from the market price. It is assumed that tax will start to be deducted from the material benefit from the purchase of securities bought this year. However, personal income tax…
20.01.2024
Pravo-300 legal rating once again confirmed the highest level of expertise of all Maxima Legal practices
On 7 December, the results of Pravo-300, the key Russian rating of law firms, were announced. According to the results of the research, Maxima Legal has once again confirmed the highest level of expertise of all practices of the firm, having received professional recognition in 19 areas of the research. Nearly 600 law firms took part in the…
08.12.2023
Rossiyskaya Gazeta newspaper recommends 9 Maxima Legal lawyers in 11 areas of legal support
For the first time ever, Rossiyskaya Gazeta newspapaer conducted a large-scale survey of the Russian legal market and compiled its own Rating of Lawyers and Their Companies. The professional recognition was given to 9 Maxima Legal specialists practising in 11 of the 16 main categories of the ranking. According to the publication, "getting into the…
05.12.2023
Maxima Legal was shortlisted for RBC St Petersburg Customer eXperience Awards
Maxima Legal's initiative to improve legal literacy of partners of the firm`s Private Wealth practice has been shortlisted for RBC St Petersburg Customer eXperience Awards survey of best clients service practices. HNWI clients are serviced by companies from different sectors, whose expertise overlaps, but not as competing, but potentially…
29.11.2023
Sergei Bakeshin has commented for Delovoy Peterburg on the statistics of bringing to subsidiary liability
The Commercial Court of St Petersburg and the Leningrad Region refused to bring to subsidiary liability the beneficiaries of two large business empires: ex-senator Alexander Sabadash for RUB 4.3 bn debts of Liviz vodka plant as well as Mushvig Abdullayev, former owner of Trade House Intertorg, which managed SPAR, Semya and Narodny…
27.11.2023
Nikita Deynega has spoken to Cbonds about the latest licence received by Maxima Legal to unlock assets in Euroclear
At the request of Cbonds Weekly News, Nikita Deynega, Counsel, Head of Tax & Administrative Law Practice at Maxima Legal, commented on the licence received by the team to unblock securities and cash of a Russian investor. To watch the interview (in Russain), please see Maxima Legal`s YouTube Channel >>> To watch the…
03.11.2023
Ekaterina Abakumova has assessed for Pravo.ru the clarifications of the Supreme Court of the Russian Federation on the content of a claim in case of flat flooding
Three court instances found the management company guilty of flooding the flat of a resident of Maikop and ordered it to pay the victim the amount of damage, expert examination costs and compensation for moral damage. At the same time, the courts refused to recover more than half a million roubles in penalties and fines: in order to do so, the…
03.11.2023
Sergei Bakeshin helped Delovoy Peterburg to understand the desire of the ex-head of Baltinvestbank and Deposit Insuranse Agency to settle the dispute amicably
In 2019, the former chairman of the board of directors of Baltinvestbank, Yury Rydnik, was declared bankrupt. According to the decision of the courts of the first two instances, the businessman's financial manager should sell Rydnik's country house, which is pledged by Gazbank, also declared insolvent, with the Deposit Insurance Agency (DIA)…
01.11.2023
Maxim Avrashkov commented for Delovoy Peterburg on Maxima Legal's experience in unblocking assets in Euroclear and shared his vision for the development of this practice
In February 2022, three months before the EU imposed sanctions on the Russian national depository (NSD), the Belgian depository Euroclear suspended any transactions with NSD, which resulted in the "freezing" of Russian investors' securities and funds. However, cases of both unblocking of assets by obtaining individual licences from the Belgian…
30.10.2023