EPAM’ Competition Law practice has successfully developed an antitrust compliance programme for M.Video, the leading Russian retail chain selling consumer electronics and appliances and one of the largest companies in this market in Europe. The company has become the first consumer electronics retailer to launch an antitrust compliance programme.
On 15 December 2016, a team drawn from the Banking and Finance, Capital Markets practice and the Tax practice at EPAM successfully completed their work to provide comprehensive legal support for Bank Saint Petersburg’s first mortgage asset securitisation deal, with a total value of RUB 3.7 billion.
On 13 December 2016, the Ice Arena Sports Centre in Orel hosted a New Year party for children from local orphanages with the support of EPAM and the North Crown Foundation for Social, Charity and Cultural Programmes.
The Banking & Finance, Capital Markets practice at EPAM advised on the fourth mortgage asset securitization transaction for Absolut Bank.
Alexander Mandzhiev has joined EPAM as Counsel in M&A and Corporate Practice.
A team from EPAM has successfully defended the interests of EGGER, one of Europe’s largest wood product manufacturing companies. The firm proved that the company’s technological equipment is unique and obtained permission from the Russian Government for the import of equipment on preferential terms.
On 3 September 2016, EPAM and the Roscongress Foundation signed a strategic cooperation and legal support agreement at the Eastern Economic Forum. Under the agreement, the Firm will act as a legal partner for the key forums organized by the Roscongress Foundation, including the St. Petersburg International Economic Forum (SPIEF), the Eastern Economic Forum (EEF), and the Sochi International Investment Forum.
One of the Forum’s key sessions, Protecting the Rights of Investors in the Far East: Guaranteed Safeguards, was held on 2 September at the Eastern Economic Forum 2016. Over the course of the session, participants discussed in detail a series of steps specifically aimed at improving the investment climate in the Russian Far East.
ICC Russia Commission on International Arbitration announced the results of the elections to the Appointment Committee. There is annually takes place a rotation of 2 out of 5 members. As a result of the Commission members’ voting EPAM’ Partner Dmitry Dyakin has joined the Committee.
A team from EPAM’ Competition Law and Litigation practices successfully defended the interests of Russia’s largest IT company Yandex in a dispute with Google at the Court of Appeal. The Court upheld the judgment of the Court of First Instance, in accordance with which Google now must comply with the ruling of the Russian Federal Antimonopoly Service (FAS).
EPAM successfully represented consumer goods giant Procter & Gamble (P&G) in its USD 12.5 billion transaction to sell P&G beauty brands to the American beauty products manufacturer Coty Inc. (Coty).
On June 16, 2016, St Petersburg International Economic Forum (SPIEF) hosted a panel discussion entitled Russian and Foreign Jurisdictions: Protection for Business. Yury Chayka and Boris Titov were the keynote speakers. The panel was moderated by Dimitry Afanasiev, the Chairman of EPAM.
The Firm's dispute resolution team defended the interests of the large shipyard Nordic Yards Wismar GmbH (Wismar, Germany) in the ICAC in the RF CCI in a dispute with a customer - Baltic Shipyard - Shipbuilding.
On 6 April 2016, the International Arbitration Court at the Belarusian Chamber of Commerce and Industry (IAC) included Ilya Nikiforov, Managing Partner of EPAM, in its recommended list of arbitrators. The list includes just ten other arbitrators from the Russian Federation.
The Litigation Practice team of EPAM defended the interests of Ecosoyuz LLC in the Chamber on Economic Disputes of the Russian Supreme Court in a dispute under the contract of vessel chartering.