Bloomberg: Telenor Says Omsk Court Cancels $2.8 Billion Ruling
Telenor ASA, the Nordic region’s biggest phone company, said a Siberian court overturned a ruling that could have cost it $2.8 billion in damages.
Telenor ASA, the Nordic region’s biggest phone company, said a Siberian court overturned a ruling that could have cost it $2.8 billion in damages.
The court in Omsk on Friday will hold hearings on Farimex vs Telenor case. Dimitry Afanasiev comments this case to Bloomberg TV.
Olga Vishnevskaya analyses the Canada Supreme Court's jurisdiction over the claim that the U.S. court already accepted
Sergey Gavrilov analyses U.S. courts' jurisdiction over so called foreign-cubed securities cases
The Eighth Arbitrazh Appellate Court in Omsk in Siberia has postponed until 12 December 2008 the hearing of Telenor's appeal of the US$2.8 billion judgment issued against the Norwegian company last August in Khanty-Mansiysk.
Financier Worldwide Magazine publishes the article by Ekaterina Medeyko "Corporate governance in Russia"
Anna Shumilova, junior lawyer at EPA&P, reviews recent amendments to the US-EU extradition treaties.
BP has welcomed the fact that the Russian Federal Migration Service temporarily extended TNK-BP Chief Executive Robert Dudley's current work visa.
Dr Cord-Georg Hasselmann of Hengeler Mueller and Dimitry Afanasiev of EPAM argued for the independents, outlining international strategies based on a series of 'best friends' relationships with overseas practices.
Today's first panel discussion of the CIS Local Counsel Forum featured a Who's Who of the independent Russian legal market, which now includes 16,500 firms and more than 1,000 law schools.
Organized by RULG-Ukrainian Legal Group and hosted by Russia's EPAM - the firm was the subject of a Focus Europe profile last December -- the forum brings together lawyers from local and international firms in Russia, Ukraine, Belarus, Georgia, Kazakhstan and beyond.
The International Comparative Legal Guide 2008 publishes the article by Ekaterina Medeyko "Corporate Governance in Russia"
The Russian M&A market has experienced significant growth in recent years. There has been an increased consolidation of businesses, and mergers and acquisitions. The volume of M&A deals involving Russian companies during only nine months of 2007 has exceeded US$100bn. This was supported by the growth of the Russian economy and an increased interest of foreign investors in the Russian market and of Russian investors in targets overseas
The Russian M&A market has experienced significant growth in recent years. There has been an increased consolidation of businesses, and mergers and acquisitions. The volume of M&A deals involving Russian companies during only nine months of 2007 has exceeded US$100bn. This was supported by the growth of the Russian economy and an increased interest of foreign investors in the Russian market and of Russian investors in targets overseas
At St. Petersburg Economic Forum Victor Vekselberg complained that after purchasing a 30 percent stake in Swiss Sulzer he was facing hostility of its Board. The lawyers that gathered at the London forum explained to the Russians what exactly they were doing wrong