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Law with a personal touch

Our work is driven by enthusiasm, inspiration
and a personal touch in all we do.

Old russian church between two modern skyscrapers. May be used as contrasts concept.

International standards with
local appliance

While aspiring to European standards
and innovative approaches to legal practice,
we are essentially a Russian law firm and know
how to apply the best international legal
practices in local conditions.

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Working with clients all
around the world

Our local expertise as a national law firm
and the global experience of our extensive
network of international partners mean we
are able to work with clients not only in Russia,
but also in Europe, North and South America,
Asia, Africa and Australia. This gives us
a unique opportunity to adopt the best Russian
and international practices in projects all over
the world.

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Identifying unique
characteristics in every
business

We devote a great deal of attention to the
distinctive characteristics and unique
features of each business and each project,
providing individually tailored and smart
solutions to meet all the client’s requirements
and expectations.

Social responsibility and
civil standpoint

We feel responsible for those around
us and the world in which we live – we
provide charitable aid, work with
educational institutions and render pro bono
services. We maintain an active civil
standpoint and support the principles of
environmental and labor protection.

Law with a personal touch

Our work is driven by enthusiasm, inspiration
and a personal touch in all we do.

Old russian church between two modern skyscrapers. May be used as contrasts concept.

International standards with
local appliance

While aspiring to European standards
and innovative approaches to legal practice,
we are essentially a Russian law firm and know
how to apply the best international legal
practices in local conditions.

traffic sign standing on the skyline

Working with clients all
around the world

Our local expertise as a national law firm
and the global experience of our extensive
network of international partners mean we
are able to work with clients not only in Russia,
but also in Europe, North and South America,
Asia, Africa and Australia. This gives us
a unique opportunity to adopt the best Russian
and international practices in projects all over
the world.

Colorful shoal of fish over massive coral reef, Caribbean sea

Identifying unique
characteristics in every
business

We devote a great deal of attention to the
distinctive characteristics and unique
features of each business and each project,
providing individually tailored and smart
solutions to meet all the client’s requirements
and expectations.

Social responsibility and
civil standpoint

We feel responsible for those around
us and the world in which we live – we
provide charitable aid, work with
educational institutions and render pro bono
services. We maintain an active civil
standpoint and support the principles of
environmental and labor protection.

Natalia Diatlova has given a presentation at an investment forum in St Petersburg

13.11.2018

|By maximapublisher

Natalia Diatlova - Partner

The third annual investment forum in St Petersburg was a place for dialogue between lawyers and investors on issues relating to public-private partnerships and the potential for its regulation to be harmonise. PPP projects are civil transactions, while the public component of the agreements affects all stages of a project’s implementation.

According to Natalia Diatlova, Partner and Head of the PPP Practice at Maxima Legal, questions as to the legal nature of PPP agreements which are between public and private law, remains unanswered. “Today market players, including courts, hold varied and often contradictory views and it; this leads to uncoordinated actions between entities implementing public-private partnership projects, and creates additional risks in the implementation of projects. Based on many years of successful experience in supporting PPP projects, the most appropriate, in my view, is to qualify a concession agreement, along with an agreement on a public-private partnership, as a civil law contract, rather than a public law contract. According to federal law, agreements on public-private partnership and municipal-private partnership are civil law contracts, it is necessary to extend this interpretation to concession agreements and recognise them as civil law transactions, despite the presence of public law elements”, said Natalia.

Among the other problems considered were payment mechanisms, the resolution of disputes as well as non-disclosure of the terms of concession agreements. “Information constituting a commercial secret, of course, should not be disclosed, but in general PPP projects need to be more open”, said Natalia Diatlova.

The investment forum has been held annually in St Petersburg since 2016, during which time it has been visited by more than 1,500 leading regional and federal experts in matters of investment, economics and finance. The forum has established itself as the largest regional event dedicated to topical issues of investment activity in Russia.