17 February 2011
Russian President Dmitry Medvedev, who declared war on corruption as a major priority, intends to tighten punishment for bribes. To this end he submitted amendments to the Criminal Code and the Code of Administrative Offences to the State Duma on Wednesday with the intention to multiply fines and prison terms for commercial bribery and for receiving and giving bribes.
15 February 2011
The London Stock Exchange has stopped trade in depositary notes of housing developer PIK Group on the orders of the British Financial Services Authority, and trading will not resume until the whereabouts is established of 8.6 percent of the group's shares frozen at the request of Nomos Bank.
2 February 2011
EPA&P presents a legal commentary on changes in merger filing procedure in Ukraine effective as of January 23, 2011
1 February 2011
Out of 280 shopping centers in Moscow, only 78 meet all the requirements for a modern shopping mall. Considering the shortage of quality areas and no new facilities being commissioned in the capital city, the owners of older shopping centers will be forced to redevelop their commercial facilities, or at least create new concepts for them. The main criteria for success of shopping centers today are not limited to their owner's competent marketing policy; these are also a clear concept, strong positioning, as well as accountability and responsibility to the tenants.
25 January 2011
Business Guide Germany Russia 2010/2011 publishes an article by Igor Schikow and Irina Lifanova.
1 January 2011
The Russian Government has introduced a radical new privatization program to invigorate the country’s economy. Although foreign investment is clearly an objective, the protection of property interests held by foreigners remains a concern for lawyers in Moscow.
31 December 2010
A film on Egorov Puginsky Afanasiev and Partners is posted on the The Lawyer magazine website.
10 December 2010
Reflections by Jerome J. Shestack on Human Rights Day published on the ABA website
25 November 2010
Volatility of the Russian market - which saw its gross domestic product (GDP)contract by as much as 7.9% in 2009 but spring back to a growth of 5.4% this year – has seen it become both adversary and temptress for the law firms practicing in the market.
16 November 2010
Russia now has virtually no speculative projects in the segment of refrigerated warehouses. They are typically expensive to build, there are fewer chances to lease them, while they beget many specific requirements. Experts say this segment of warehouses will come back to the market as soon as the market stabilizes.
15 October 2010
Grigory Chernyshov and Natalia Korosteleva authored the Russia Chapter of The International Comparative Legal Guide to: Competition Litigation 2011 (3rd Edition)
5 October 2010
Mikhail Kazantsev and Victoria Burkovskaya authored the Russia chapter of Comparative Summary of Anti-Corruption Laws in the CIS Economic Region (1st edition).
1 October 2010
One of the recent actions of Russia's Government to support the housing program was to make VneshEconomBank issue a 40-billion-ruble credit for the Agency for Housing Mortgage Lending. According to the Stimulus Program, 2 million sq m of economy class residential real estate will be built. The program mainly targets projects in Russia's regions, as well as some projects near Moscow.
28 September 2010
Evgeny Raschevsky and Olga Vishnevskaya authored the Russian chapter for the International Commercial Arbitration Practice: 21st Century Perspectives. This collective work, co-edited by Horacio A. Grigera Naón and Paul E. Mason, captures the development of ICA from different perspectives and uniquely brings together the ideas, suggestions and perspectives of in-house counsel as the most important users of ICA, along with outside counsel, arbitrators themselves, and major arbitration organizations who all help provide the service.
9 September 2010
Russian independent Egorov Puginsky Afanasiev & Partners has expanded its tax practice, to be led by Igor Schikow, who had worked at the Moscow office of Germany's Roedl & Partner.