EPAM provided legal support to DynaEnergetics, a world leader in the manufacturing and selling of oilfield equipment, in a complex project on closing its plant and selling its subsidiary in the Tyumen region of Russia.
The Firm’s attorneys supported the client in working out strategies on exiting the client’s Russian business, including closing the plant and selling the subsidiary. The attorneys carried out a vendor due diligence of the client's assets and assisted the company in its interactions with potential buyers. The team analyzed and planned all the aspects of the M&A deal, including corporate, contractual, employment, real estate, IP and technology matters, customs and other regulatory issues. The work included closing hazardous production facilities and the termination of respective licenses.
The work on the project was carried out by attorneys from the Firm’s eight practices – M&A and Corporate, Employment and Migration Law, Tax, Real Estate and Construction, International Trade & Customs, Intellectual Property, Competition Law, Environmental and Technical Regulation – which helped to minimise the legal risks of the project’s implementation.
The client was counselled by a multi-skilled team, lead by Counsel and Head of St. Petersburg M&A and Corporate Practice Elena Agaeva, which included: Head of Employment Practice Anna Ivanova, Counsels Olga Mischenko, Denis Gavrilov and Alexey Karchiomov, Senior Associates Elena Kazak, Anastasiya Boytsova, Daria Sergeeva, Maxim Burda, Ksenia Firsova, Torez Kulumbegov and Olga Morozova, Associates Yulia Belyakova, Maria Fomina, Kirill Nagorsky and Yury Nefedov, and Junior Associate Vladislav Chukanov.