Written by Jad on 30 July 2018.
♦ Moves News ♦ Moscow, Russia
Dentons has bolstered its Capital Markets practice in Russia with the arrival of a team led by partner Tamer Amara. Tamer Amara’s practice spans cross-border financing transactions principally within capital markets, derivatives and financial regulatory advice. He advises financial institutions and corporate clients in the context of debt capital markets, margin lending, repos, restructuring and liability management, with a particular focus on Russia, the CIS and Central and Southern Europe. On the derivatives side, he is recognized by clients and key legal directories as a leading derivatives and financial regulatory practitioner in Russia and advises on foreign exchange, equity and commodity derivatives and equity-linked transactions. He previously worked for nearly 20 years at Clifford Chance, where he headed the debt capital markets and derivatives practice. Tamer joins along with Filipp Petyukov, a senior associate specializing in debt and equity capital markets, mergers and acquisitions, and derivatives. Filipp’s track record includes eight years at Clifford Chance, where he worked prior to joining Dentons. Florian Schneider, Dentons Russia Managing Partner said: “We are very pleased that two lawyers with exceptional skills and depth of knowledge have joined our Russian team. Tamer’s and Filipp’s arrival strengthens our Capital Markets and Banking and Finance practices, which have seen steady growth in recent years following the addition of a number of highly-experienced senior transactional specialists.” Tamer Amara commented, “Dentons’ extensive global reach, together with its long-established presence in Russia and the CIS provides an excellent platform to further develop the practice and complement the Firm’s strong offering.” With a strong presence in major financial markets such as New York, London, Frankfurt, Moscow, Hong Kong, and Paris, Dentons’ Capital Markets lawyers advise global and national banks, insurance companies, securities dealers, shareholders, private equity firms and major corporations on all aspects of raising finance on international capital markets.
Written by John on 16 March 2016.
♦ Recent Deals ♦ Moscow, Russia
Akin Gump has represented Trivon Communications Ltd. in the sale to Alma Group of its 100 percent stake in Digit One Ltd., an Internet service provider and telecommunication operator that provides Internet access, telephone, television and data services to homes and businesses in Moscow, the Moscow Region, Krasnodar and Tver. The transaction closed on March 11. The Akin Gump team was led by Moscow corporate partner Vladimir Kouznetsov, assisted by counsel Anna Semashko.
Written by John on 21 August 2015.
♦ Recent Deals ♦ Beijing, China, Moscow, Russia
Akin Gump has advised PJSC LUKOIL in the sale of its 50 percent stake in Caspian Investments Resources Ltd. to China-based Sinopec for a consideration of approximately $1.1 billion. The permits to make the transfer were signed and approved by the authorities in Kazakhstan in July 2015. The deal closed today. Caspian Investments Resources Ltd. has been participating in the development of five hydrocarbon fields in Kazakhstan, with LUKOIL having joined these projects in December 2005. The company has drilled wells, expanded production capacity, upgraded injection systems and launched a series of petroleum gas utilization facilities. Following on from the sale, LUKOIL will remain the largest Russian investor in Kazakhstan. The closing of the deal also marks the termination of LCIA arbitration proceedings between the parties launched during the transaction, on which Akin Gump also advised. PJSC LUKOIL is Russia’s second-largest oil and gas company in terms of reserves and the largest Russian oil business group with annual sales of over $140 billion. It was the first Russian company to receive full listing on the London Stock Exchange. Akin Gump Moscow corporate partner Natalia Baratiants led the team, with senior counsel Alexander Trukhtanov, supported by Beijing corporate partner Li Chen and associate Jingli Jiang. London litigation partner Justin Williams and counsel Tom Roberts advised in relation to the LCIA arbitration proceedings. They were supported by a team of lawyers in Moscow, London and Beijing.
Written by John on 21 August 2015.
♦ Recent Deals ♦ Moscow, Russia
Dentons, in cooperation with the Korean law firm Yulchon, represented the Korean company GS Home Shopping on the creation of the Big Universal Mall TV shopping channel together with Rostelecom. The preapproved joint investments of the parties in the creation and development of the shopping channel and the necessary infrastructure for the operation thereof will amount to US$20 million (US$12 million from Rostelecom, and US$8 million from GS Home Shopping). Established under the transaction will be the operating company Big Universal Mall LLC (60% – Rostelecom, 40% – GS Home Shopping), which will be the product seller, along with the broadcasting company Big Universal Mall JV LLC (80% – Rostelecom, 20% – Home Shopping), which will serve as the founder of the media outlet. The transaction structure conforms to the Russian legislation on the mass media. The Dentons team was led by Alex Skoblo, Moscow Partner, with key support from Andrei Kiryanov and Alisa Sokolova, Moscow Associates.
Written by John on 20 August 2015.
♦ Recent Deals ♦ Moscow, Russia
Global law firm Dentons represented the owner of the Soseddushka retail chain on the sale of 100 stores in the city of Orenburg and Orenburg Oblast. The buyer was X5 Retail Group, one of the leading food retailers in Russia. The total area of the stores sold is nearly 63,000 m2, with floor space in the amount of 36,700 m2. Sixty-one of the supermarkets are located in the city of Orenburg, with the rest in Orenburg Oblast. The Dentons team was led by Alex Skoblo, Moscow Partner, with key support from Ethan Heinz, Moscow Of Counsel, Andrei Kiryanov and Olga Rogozhina, Moscow Associates.