Maxima Legal was again recognised by Pravo.ru in the national ranking of lithigators

Based on a nationwide statistical survey of the litigation market, Pravo.ru has once again included Maxima Legal among the best teams in the field of litigation. The firm was listed among 45 recommended regional firms, ranking 10th in total claim amount, 11th in number of cases, and 15th in average claim amount.…


Pravo-300 rating included Maxima Legal team in the list of recommended lawyers for the sixth time

Pravo-300, the key Russian legal rating, has published individual recommendations of lawyers practising in various areas of law. According to the results of the research for 2024, personal recognition in 11 nominations was given to 9 Maxima Legal lawyers who played a leading role in the firm's most highly rated projects for the period from…


Sergey Tarasevich has commented for Mashnews on the blocking of accounts of a major timber processor due to tax and fee arrears

The Federal Tax Service sent a decision to suspend operations on the accounts of a major timber processor, ULK Group, to Primtercombank, branches of Rosselkhozbank, Uralsib Bank, Raiffeisenbank and Alfa Bank. The company's tax and levy debt of ULK Group for the fourth quarter of 2024 amounted to RUB 416 mn, including RUB 414 mn in VAT arrears. At…


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…


Sergey Tarasevich explained to Cbonds Weekly News how the bond taxation changes under consideration will affect the debt market and bondholders

In early October, media reported on two tax initiatives related to bonds at once. Firstly, the Ministry of Finance proposed to charge personal income tax on gifts of all types of securities and derivative financial instruments to non-close relatives. Secondly, the State Duma may consider introducing a tax deduction for holders of people's bonds…


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…


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…


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…


Maxima Legal and Nextons represented the sellers in the deal for Yandex's acquisition of eLama advertising platform

Yandex has finalised the acquisition of eLama, a technology platform that allows advertising campaigns to be run across 19 internet systems, including Yandex, VK and Telegram. Maxima Legal and Nextons acted as legal advisors to the sellers. The lawyers provided support during the preparatory activities and co-ordinated the contractual…


78.ru has quoted Maxima Legal's experience in relation to payments under Presidential Decree No. 665

In September 2023, Vladimir Putin signed Decree No. 665 approving the procedure for payments on Eurobonds of the Ministry of Finance depending on the infrastructure through which investors hold them. If through Russian infrastructure, payments are made in roubles through the National Settlement Depository (NSD). Investors holding securities…