Sergei Bakeshin has outlined for Mashnews the prospects for Baltic Shipyard to recover €7.6m from Wartsila Oyj Abp
The Thirteenth Commercial Court of Appeal recovered from Wartsila Oyj Abp in favour of Baltic Shipyard the amounts of bank guarantees in the amount of almost EUR 7.6 million for non-delivered equipment. In its ruling, the court stated that Wartsila Oyj Abp could not refuse to fulfil its obligations ‘due to the fact that the circumstances in which…
23.07.2024
Sergei Bakeshin has commented for Mashnews on attempts by processed Karat cheese producer to recover €4.8 million from French counterparties Sas Steap Stailor and SA Societe Generale
Karat-Togliatti, the Samara-based subsidiary of processed Karat cheese producer, is suing Sas Steap Stailor. The French company failed to supply equipment for the plant in Togliatti, explaining its failure to fulfil its obligations by sanctions despite the fact that the restrictive measures imposed by the EU do not apply to the supply of…
18.07.2024
Sergey Tarasevich has explained to Cbonds Weekly News whether the position of Clearstream and regulator Euroclear will affect the prospects for the exchange of blocked assets
On 8 May 2024, the deadline for accepting bids for the exchange of blocked assets worth up to RUB 100,000 expired. According to the data of the exchange bidding organiser, the demand for the redemption of assets from non-resident investors exceeded the potential supply of Russians. At the same time, Clearstream depository and the Belgian Ministry…
08.05.2024
Nikita Deynega has explained to Delovoy Peterburg the sudden surge of business interest in ‘Russian offshores’
Delovoy Peterburg newspaper drew attention to the growing interest in ‘Russian offshore’ - special administrative regions (SARs) - separate territories of the Russian Federation with a flexible tax and currency regulation regime (profit tax exemption, the ability to hide the ultimate owners, lack of currency control, etc.). Formally, the idea to…
06.05.2024
St Petersburg legal community named Maxima Legal one of the best law firms in the city, and Leonid Filanovskiy was named the Advocate of the Year
For the fourth time Delovoy Peterburg newspaper summarised the results of "Yurtop: Team Scoring" the rating, a survey of St Petersburg based law companies on the assessments of the market participants. The opinion of the professional community once again confirmed the level of Maxima Legal's expertise. The company was ranked among the…
24.04.2024
Sergey Tarasevich told Cbonds Weekly News what an investor should take into account when exchanging blocked assets
Investicionnaya Palata Broker announced the strategy of accepting bids for the redemption of frozen assets and published the prices from which the auction will begin. As previously announced, the prices are taken from foreign exchanges at the end of trading on Friday, 22 March 2024. It is assumed that foreign investors will buy these assets from…
28.03.2024
In a commentary for DP Nikita Deynega has suggested on what grounds structures associated with Roman Abramovich could have been excluded from the data on the founders of the companies reconstructing New Holland
The Unified State Register of Legal Entities has become inaccessible to information on participants of Novaya Gollandiya Development LLC and a number of other companies, the owner of which until recently was considered to be the Cyprus-based Protonius Investments Ltd, which in turn is considered to be controlled by Roman Abramovich. Nikita…
28.02.2024
Maxima Legal's official telegram channel was included in the list of the most reputable legal channels
Maxima Legal's telegram channel has been ranked among the Top 100 legal channels and Top 50 corporate legal channels in terms of audience engagement, taking 47th and 28th places respectively. The research was conducted by Veta Expert Group, the Flavita bureau and more than 80 legal market experts. For the first time, about 450 legal telegram…
30.01.2024
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
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