Maxim Ali told Forbes whether the future of Bookmate, Individuum and Popcorn Books in Russia will be affected by their affiliation with foreign-agent media

At the end of October, the Ministry of Justice declared the owner of the Bookmate book service, Irish Bookmate Limited, the former CEO of its Russian division Andrei Baev, and Alexei Dokuchaev, the CEO of Individuum and Popcorn Books, whose majority shares were also owned by the parent foreign brand, to be foreign-agent media. According to book…


Sergei Bakeshin assessed for Delovoy Peterburg the effectiveness of debt restructuring for private individuals

In February 2021, VEB.RF initiated bankruptcy proceedings against the St. Petersburg billionaire Alexander Yebralidze. The state corporation is trying to recover RUB 34.1 bn from the entrepreneur on loans in which he acted as guarantor. In April this year the Commercial Court of St. Petersburg and the Leningrad Region initiated restructuring of…


Sergei Bakeshin has commented on the presidential decree introducing basic preparedness levels in a number of regions

St Petersburg has been included in the list of Russian regions where, the level of basic preparedness has become effective since 20 October 2022 by a decree of Russian President Vladimir Putin. As part of the security measures, an operational headquarter under Alexander Beglov, the Governor of St Petersburg, is to ensure widespread strengthening…


Nikita Deynega has commented to Finam.ru on the EU`s position and Clearstream's plans for blocked Russian assets

In early October, Clearstream depository announced the resumption of conversion of Russian depositary receipts (DRs), while the EU announced conditions for unfreezing the assets of Russian investors. Nikita Deynega, Senior Associate, Head of Tax & Administrative Law practice at Maxima Legal, explained Finam.ru how this news may affect Russian…


Maxim Avrashkov has discussed with RBC scenarios for unblocking Russian investors' accounts with European depositories

Russian investors were cut off from their securities in spring. In early June, the EU imposed sanctions against the National Settlement Depository (NSD), which legitimised the previous restrictions and increased investors' fears. Maxim Avrashkov, Managing Partner at Maxima Legal, told RBC about the reasons for the blockage and possible ways to…


Maxima Legal participated in the Legal Masters Forum

Maxima Legal experts took part in the third Legal Masters Forum held in Voronezh on 15-17 of September. Nikita Deynega, Senior Associate, Head of Tax and Administrative Law Practice at Maxima Legal, moderated the Private Wealth section dedicated to key aspects of working with private clients as well as outlined "sanctions" and "counter-sanctions"…


Sergey Tarasevich has explained to EJ-Jurist Magazine the Bank of Russia's position on certain securities and real estate transactions with residents from unfriendly countries

Specially EJ-Jurist Magazine, Sergey Tarasevich, Associate of Tax & Administrative Law practice at Maxima Legal, has analyzed the letter of the Bank of Russia dated 30.08.2022 № 010 31 4/8237. The document confirms the absence of the need to obtain permission for some transactions with securities and real estate with residents of unfriendly…


Nikita Deynega has told Pravo.ru how a lawyer should write a CV

Specially for Pravo.ru legal portal? Nikita Deynega, Senior Associate, Head  of Tax & Administrative Law practice at Maxima Legal, explained what a lawyer should look out for when drafting a CV. Thus, according to Nikita, there is no need to resort to career specialists. For lawyers, distinguished by the ability to articulate their…


Maxima Legal announces launch asset rescue project blocked by EuroClear

In March 2022, the National Settlement Depository (the NSD) reported that its account operations were restricted by EuroClear; in June, the depository was officially added to the sanctions list. The situation is exceptional and no unequivocally effective way to resolve it has been formed so far. Therefore, Maxima Legal launched several legal…


Elizaveta Pastushenko has told Bankiros how to open a bank account in Armenia

Armenia has become one of the popular countries for opening bank accounts since the imposition of sanctions against the Russian Federation. Among the advantages of the jurisdiction are its loyal attitude to both Russia and Western countries, the wide opportunities for opening ruble accounts, as well as the widespread use of the Russian language.…