Egorov Puginsky Afanasiev & Partners’ attorneys provided legal assistance to HTS tentiQ GmbH, an international manufacturer of event marquees, tents & temporary structures worldwide, on contractual and currency control issues.
The advise included preparation of contractual documents to meet Russian currency control regulations and protect Client’s interests in relationships with its counterparty. The team successfully negotiated with the counterparty an agreement an agreement on the terms of debt discharge to the benefit of the Client. As a result, the currency control department of the counterparty’s bank released the payments, and the counterparty started to pay off the outstanding amounts.
Headed by Partner Ilona Zekely, under the project worked the team of lawyers from M&A and Corporate and International Trade & Customs Practices, including Counsels Elena Agaeva and Alexey Karchiomov, Associate Yulia Beliakova and Junior Associate Arina Nikulushkina.