seagull flying from single opened window of office building

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.

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.

Sergei Bakeshin commented for Novy Prospect on retention the property of the bankrupt Unisto-Petrostal Group in favour of the pledge creditor

20.07.2023

|By maximapublisher

Sergei Bakeshin - Counsel

Zvezda company (owned by Artem Begun, a business partner of well-known St Petersburg businessman Ilya Traber), has decided to keep Murinsky construction plant and Michur Inn hotel. The property previously belonged to the bankrupt Unisto-Petrostal group. In spring 2022 Zvezda acquired about 1.5 billion roubles of Unisto Petrostal group`s debt owed to Sankt-Peterburg Bank

Sergei Bakeshin, Counsel and Head of Dispute Resolution & Insolvency practice of Maxima Legal’ ctice, explained to Novy Prospect online edition that the procedure for selling pledged property and its initial price is determined by a pledgee, who can keep the property if it has not been sold at a repeated auction. “If the assets are liquid or are of some interest to the creditor, the latter is highly likely to keep them,” the expert commented.

To read the full article (in Russian) please see Novy Prospect website>>>