MEDIA COVERAGE
11 December 2009

Russian companies need restructuring as markets remain uncertain, EPAM lawyer tells DNA India

Bankers say a failure to complete restructurings may hamper Russia's ability to borrow in the future and the absence of clearly defined negotiation guidelines between Russian and western lenders raises the risk of future defaults. Currency and commodity markets have been unexpectedly benign for Russia since June, helping to stave off a widely forecast debt disaster, but Dubai World's debt woes have served as a reminder that the problem has merely been postponed.

1 December 2009

Legal Week features Dmitry Afanasiev’s commentary on Russian legal market

Legal Week's Independent Law Firms in Europe supplement publishes Dmitry Afanasiev’s commentary on Russian legal market.

16 November 2009

The Lawyer reports on the launch of the CIS Leading Counsel Network

A nine-member CIS­network that launched at the beginning of November is planning to bring the alliance model into the 21st century, according to its chair. The Leading Counsel Network (LCN) is a non-exclusive alliance of firms from Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Turkmenistan and Ukraine. The network’s first meeting was held in Russia at the offices of Egorov Puginsky Afanasiev & Partners.

11 November 2009

The European Lawyer: CIS firms launch network

Called the CIS Leading Counsel Network, the group consists of: Ashga Consulting Team in Turkmenistan, Aequitas Law in Kazakhstan, Ameria in Armenia, Egorov Puginsky Afanasiev and partners in Russia, Fina in Azerbaijan, Kalikova & Associates in Kyrgyzstan, Rulg in Ukraine, Turcan & Turcan in Moldova and Vlasova Mikhel & Patners in Belarus.

23 October 2009

Dimitry Afanasiev comments on $22.7 bn dispute settlement between the Russian Customs Service and the Bank of New York Mellon for the Wall Street Journal

Russia withdrew a $22.7 billion lawsuit against Bank of New York Mellon Corp. Thursday, agreeing to a $14 million settlement and ending a case that critics said had threatened to further tarnish the already battered reputation of its judicial system.

1 September 2009

Legal Business looks at how domestic and international law firms are redrawing the market

Russian and CIS markets couldn’t escape the painful consequences of the global downturn. Legal Business looks at how domestic and international law firms are redrawing the market and what a series of law reforms will mean for investors.

31 August 2009

Ilya Nikiforov tells The Lawyer the best thing about his job

The Lawyer 31 August 2009 publishes the work-life quiz with Ilya Nikiforov, Managing partner of Egorov Puginsky Afanasiev & Partners.

26 August 2009

Dmitry Stepanov Commented on Updated Bankruptcy Bill for Russia Today TV channel

The Ministry of Economic Development introduced another insolvency/bankruptcy bill, which is expected to bring a significant change in the company arrangements procedure for companies and for the first time in Russian legislative history to allow bankruptcy proceedings against groups of companies, including those with international structures.

10 August 2009

Anton Kostenko comments for The Moscow Times President Medvedev’s order to investigate Russia's state corporations

President Dmitry Medvedev on Friday ordered Prosecutor General Yury Chaika and the head of the Kremlin’s oversight department, Konstantin Chuichenko, to open an investigation into state corporations, in a sign of growing skepticism over the institutions’ role in the economy.

27 July 2009

Evgeny Raschevsky comments on new amendments to the bankruptcy law for Russia Today TV

In June 2009 amendments to the federal law on bankruptcy drafted by the Ministry for Economic Development came into effect. Evgeny Raschevsky, a partner with Egorov, Puginsky, Afanasiev & Partners, comments on the amendments for Russia Today TV emphasizing that their purpose is to improve procedures to restore solvency of debtors and their financial rehabilitation.

15 July 2009

Grigory Chernyshov comments for The Moscow Times Russian PM's initiative to adopt a bill that would ensure criminal penalties for unfair competition

...In addition to dropping its vague language, the amended law would cover cartel collusion, which it currently does not, said Grigory Chernyshov, a partner at law firm Egorov Puginsky Afanasiev & Partners...

6 July 2009

The Lawyer reports from the Fourth CIS Local Counsel Forum in Kiev

The fourth CIS Local Counsel Forum in Ukraine saw more than 150 lawyers and academics, as well as various government ­representatives and one ambassador, meet in Kiev.

20 June 2009

Mergers & Acquisitions 2009 in 58 jurisdictions worldwide publishes survey of the Russian M&A market by Elena Sokolova and Vladislav Arkhipov

Mergers & Acquisitions 2009 in 58 jurisdictions worldwide publishes survey of the Russian M&A market by Elena Sokolova and Vladislav Arkhipov

1 June 2009

Annual turnover at Egorov Puginsky Afanasiev increased by almost 100%, according to TopLegal International annual financial survey

By most accounts, Russian law firms remain an unknown force. Much of this has to do with the Russian legal market which has been less transparent compared with other European regions. Yet Egorov Puginsky Afanasiev & Partners has done much to sweep aside the air of mystery that surrounds native Moscow practices. And it has done so to truly surprising effect.

1 June 2009

Egorov Puginsky Afanasiev & Partners leads Top Legal International’s PEP ranking

Tucked among the financial data supplied by law firms this year were annual profits and profit margins. On the basis of these figures, TopLegal International was able to calculate the profits per equity partner (PEP) of 20 legal houses.