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.
The Competition and Litigation Practice team of EPAM successfully defended the interests of the largest Russian IT company Yandex in the Moscow Arbitrazh Court. The Court rejected Google’s lawsuit in which the corporation requested to cancel the Federal Antimonopoly Service of Russia’s (the FAS) conclusions.
Litigation and WCC teams at EPAM successfully defended the interests of Allianz Insurance against a group of fraudulent lawyers who filed claims against the company for over 1 billion rubles.
Daria Sergeeva has joined the team at the St. Petersburg Office of EPAM as a Senior Associate in the intellectual property, technology, media, and telecommunications practice (Intellectual Property/TMT).
Sergey Kalinin has joined EPAM as a Counsel and Head of Tax Practice in Russia.
EPAM won the tender as legal counsel for issuing mortgage-secured bonds under a pilot project entitled “Mortgage Securities Factory” - a new tool launched by the Agency for Housing Mortgage Lending (AHML) to refinance mortgage loans.
The Federal Law dd. 30 December 2015 No. 461-FZ “On Amending of Art. 17 of Federal Law “On the Securities Market” and of Federal Law “On Mortgage Securities” came into force on 10 January 2016. The law was initiated by the Agency for Housing Mortgage Lending and drafted by Banking & Finance, Capital Markets Practice of EPAM.
EPAM managed to have the Rostov Region Arbitrazh Court cancel the decision holding Yakhta-club Center LLC administratively liable. This success was a key stage in the implementation of a comprehensive strategy to protect the client’s interests.