Maxima Legal has launched a new service for private clients – advice on the issues of banking regulation and protection of private investors' rights in Switzerland
Law firm Maxima Legal has expanded the range of services provided as part of its Private Wealth practice. The firm has been offering a package of Banking and Financial Markets Law services for private clients who have assets or bank accounts in Switzerland. Switzerland remains the most attractive jurisdiction for financial investments by HNWI…
02.12.2020
Alina Kalinskova has commented on the introduction of a progressive taxation system in Russia
A progressive personal income tax scale will be introduced in Russia since January 1, 2021. In particular, 15% rate will be applied to income in excess of 5 million rubles per year instead of the previous flat personal income tax rate of 13%. According to preliminary calculations of the Ministry of Finance, the innovation will annually…
30.11.2020
The Delovoy Peterburg has traditionally mentioned Maxima Legal in its annual Rating of Lawyers
The Delovoy Peterburg newspaper, a key business publication in northwest Russia, has published the results of its own annual legal rating, in which the newspaper and market players select the best legal advisers in the city. In 2020, Senior Associate, Head of Dispute Resolution & Insolvency Practices at Maxima Legal Sergei Bakeshin has become…
23.11.2020
Alina Kalinskova has explained the nuances of blocking accounts of individuals at the request of state authorities
The Vot-tak.tv independent online journalistic project drew attention to the fact that banks have legal rights to block accounts of their private clients. For example, financial funds can be frozen without notification of their owner at the request of state authorities due to unpaid debts, for example, to the Federal Tax Service. «However, a bank…
11.11.2020
Maxima Legal has been listed in SPEAR’s Russia Wealth Management Awards 2020
The SPEAR’s Russia Wealth Management Awards 2020 included Maxima Legal in the award category ‘Legal Advisor of the Year’. The category’s winners will be selected based on the results of a survey of the profession and with input from a panel. The results are due to be announced in mid-December. The SPEAR’s Russia Wealth Management Awards is an…
08.10.2020
Natalia Demina has commented on changes in the agreement between Russia and Cyprus for the French edition
Russia and Cyprus approved the text of amendments to the Agreement on avoidance of double taxation between the countries. The step was taken after the Russia announced its intention to denounce the Agreement. The Russian-Cypriot Tax Agreement since 1998 had allowed Russian citizens living on the island to pay tax on dividends at the rate adopted…
10.08.2020
The Best Lawyers international rating has listed Maxima Legal in 16 areas and named Maxim Avrashkov lawyer of the year
International ranking Best Lawyers has presented its annual list of Russian lawyers recommended in various fields of law. Seven experts from Maxima Legal were listed. Managing Partner, Head of the Commercial and Corporate department, Maxim Avrashkov, has been listed as one of the leading Russian lawyers for M&A matters. In addition, Maxim…
03.06.2020
Sergei Bakeshin has commented for RBC on a bankruptcy case initiated after the death of a debtor
Sberbank filed for the bankruptcy of a St Petersburg entrepreneur Ivan Kara, who died in 2018. The businessman owned a 51% stake in the Pulkovsky agricultural holding, which the bank also began to bankrupt in early 2020 in connection with a total loan of 255.7 million roubles. After the death of Ivan Kara, a cross-ownership scheme was applied to…
02.06.2020
Sergei Bakeshin has provided his comments on the creation of a unified population register for Fontanka
The State Duma has passed a law that creates an information system to be operated by the Federal Tax Service which from 1 January 2022 will have the right to collect, record and use data from Russians, including their names, dates and place of birth, gender, details of the registration of a civil status certificate of birth and death, tax numbers,…
21.05.2020
The Legal 500 has once again confirmed Maxima Legal's leading position in the Russian legal services market
The international rating agency, Legal 500, has presented the results of its research for 2019, which consolidated the position of Maxima Legal among the leaders of the Russian market in four areas. Once again, Maxima Legal’s expertise in the field of commercial and corporate law and mergers and acquisitions was highly praised. According to the…
15.04.2020