On September 17 2022, Hainan International Arbitration Court (HIAC, the international commercial arbitration institution), announced the appointment of new arbitrators. Managing Partner of EPAM Ilya Nikiforov has been included in the HIAC panel of arbitrators.
RUSAL, the world's leading aluminum producer, has become the first issuer to place yuan-denominated bonds in Russia. EPAM attorneys acted as legal advisors in the transaction which concluded with the bonds being issued in August 2022.
EPAM Attorneys Successfully Defended Former Head of Car Sales and Maintenance Companies Charged With Large-Scale Fraud
The Court acquitted the Client of all charges based on the arguments of the Firm’s attorneys and those of Business Ombudsman.
EPAM Authors the Russian Jurisdiction Chapter of the Exclusive Merger Control Review for the Second Consecutive Year
The Merger Control Review provides an incisive overview and analysis of the pre-merger competition and notification regimes across key jurisdictions worldwide, as well as a discussion of recent decisions, strategic considerations and likely upcoming developments.
The joint team of EPAM M&A and Corporate Law, Competition Law practices assisted in the sale of a Russian subsidiary of one of the world leaders in the supply of technologies and equipment to the Russian management, allowing it to maintain the uninterrupted operation of business in Russia.
EPAM Attorneys Assisted One of the Largest Producers of Dairy Products in Europe in the Divestment of Its Russian Subsidiary
Legal support included advising on the transaction structure, preparation of a package of transaction documents, as well as assistance with signing and closing the deal. Along with a tailored share transfer agreement and related documentation, additional legal instruments were utilised, such as option rights and rights of first refusal, restrictive covenants and guarantee instruments.
On July 1, 2022, Roman Malovitskiy (Banking & Finance, Capital Markets Practice) was promoted to Partner, while Tatyana Boyko (M&A and Corporate Practice) and Stanislav Dobshevich (Litigation Practice) were both promoted to Counsel.
EPAM Competition Law Practice has protected an international flooring market leader by proving the anti-competitive nature of the franchising agreements and bonus programs of its competitor Tarkett, the largest Russian linoleum manufacturer.
EPAM Attorneys Advise on M&A Deal Between the Leading Abu Dhabi Energy Company TAQA and British Engineering Company Tendeka.
EPAM provided comprehensive legal support on the Russian legal aspects of a cross-border M&A transaction between TAQA, the National Energy Company of Abu Dhabi (UAE), and Tendeka, the leading British engineering company present in the US, the UK, China, Australia, Canada, the UAE, Malaysia and the EU.
EPAM litigation attorneys represented the interests of Northern Capital Gateway Consortium, the Pulkovo airport operator in St. Petersburg, in the dispute with the major fuel company Nevsky Mazut.
On June 7, 2022, Ekaterina Verle, Counsel was appointed as the Co-Head of the Real Estate and Construction Practice at EPAM.
On May 30, 2022, the Moscow Exchange Executive board formed a new board of members of the Expert Council on Listing. Dmitriy Glazounov, Partner, Head of Banking & Finance Law and Capital Markets Practice at EPAM, was elected to the Council as a legal expert.
EPAM Attorneys Advised Commercial Metals Company During the Acquisition of TAC Acquisition Corp. (“Tensar”)
EPAM advised on the Russian aspects of the USD550m acquisition of Tensar – a portfolio company of Castle Harlan Inc.'s funds, and the world-leader in the manufacture and supply of retaining walls, ground stabilisation and soil reinforcement solutions across 80 national markets – by Commercial Metals Company, US steel and metal manufacturer. The transaction was multi-jurisdictional and included Tensar companies in the US, Europe, China, Russia.
EPAM Attorneys Continue to Successfully Defend the Interests of Novartis in a Case Involving Unfair Competition on the Part of the Distributor of the Generic Nilotinib Drug
On April 18, 2022, the Ninth Arbitrazh Court of Appeal upheld the decision of the Moscow Arbitrazh Court, which ruled in favour of the international pharmaceutical corporation Novartis, which was represented by the legal team of EPAM. The court rejected Mammoth Pharm's demands to cancel both the decision and order of the Federal Antimonopoly Service in a high-profile case of unfair practices of a generic drug distributor who was producing generics in violation of a patent.
EPAM assisted Vivira (the German Medtech company, specialising in the development of software for digital healthcare) in concluding an agreement with Russian developers.