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Private client
Private client - ranked: tier 3

Monastyrsky, Zyuba, Stepanov & Partners

Monastyrsky, Zyuba, Stepanov & Partners is noted for its representation of private individuals in high-value court cases, and also has a strong track record in wealth planning, property sale and purchase, tax planning and family issues. Recent highlights include representing a high-net-worth individual in a multibillion-dollar divorce case, and acting for the former spouse of a prominent businessman in the division of matrimonial assets. Alexander Zyuba is the name to note.

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Russia: Commercial, corporate and M&A

Other recommended firms - ranked: tier 1

Monastyrsky, Zyuba, Stepanov & Partners

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Russia: Dispute resolution

Arbitration and mediation
Dispute resolution: arbitration and mediation - ranked: tier 3

Monastyrsky, Zyuba, Stepanov & Partners

Monastyrsky, Zyuba, Stepanov & Partners is ‘very fast to react to new developments’; it fields ‘knowledgeable professionals’, who are noted for their ability to ‘take on cases others consider difficult’. Headed by Yuri Monastyrsky, the team is currently representing Bank UralSib in an $80m LCIA arbitration brought by VTB Bank and FIMBank. Dmitry Lovyrev is the other key figure.

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Dispute resolution: litigation - ranked: tier 1

Monastyrsky, Zyuba, Stepanov & Partners

The ‘creative, proactive, business-oriented’ team at Monastyrsky, Zyuba, Stepanov & Partnersdisplays a brilliant level of knowledge and experience in litigation’, and ‘is particularly recommended for clients facing difficult corporate conflicts’. Practice head Yuri Monastyrsky is noted for his expertise in the IP, tax, insolvency and real estate fields, among others, and Dmitry Lovyrev is the key contact for multi-jurisdictional disputes. The firm represents Ikea in all its court proceedings, including a $1bn dispute with a local electricity supplier, and is also acting for Google in a competition dispute with Yandex over an alleged abuse of dominant position.

Leading individuals

Yuri Monastyrsky - Monastyrsky, Zyuba, Stepanov & Partners

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Further information on Monastyrsky, Zyuba, Stepanov & Partners

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Offices in Moscow

Legal Developments by:
Monastyrsky, Zyuba, Stepanov & Partners

Legal Developments in Russia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • The coming into force of the legislative package on the second stage of "Capital amnisty"

    On 19th February 2018, a legislative package on the extension of the tax capital amnesty and the tax-free liquidation of foreign companies came into force.
  • No More Linked In Russia?

    One of the biggest and most popular Internet companies, LinkedIn, has become the first target of the recent Russian data localization law. The legislation requires businesses operating online to keep Russian Internet users’ data on servers located within Russia. Read more...
  • New standards on the unjustified tax benefit included in the tax code

    The Federal Tax Service of Russia issued Letter № CA-4-7/ 6152 @ of 16.08.2017, in which it clarified to its subordinate tax authorities the application of new Art. 54.1 of the Tax Code of the Russian Federation "Limits on the Exercise of Rights in Calculating the Tax Base and (or) the Amount of Tax, Levy, Insurance Contributions", which was included in the Tax Code of the Russian Federation by Federal Law № 163-FZ of 18.07.2017.
  • Information law for company participants – the search for a balance of interests

    At the present time, in various legal relationships there exists the acute problem of observing a balance of interests concerning the parties involved in these legal relationships, their legal rights, and their mutual economic needs. Judicial practice, when considering disputes between these kinds of parties, takes into consideration not only the formal requirements of legislation, but also the real economic and legal goals and interests of the participants.
  • Roadshow of Moscow Region’s high-speed off-street light rail transport project

    On July 29, 2016, a consortium of consultants led by the InfraONE investment company presented a project to create a high-speed off-street light rail transport system in the Moscow Region, promoted with the assistance of the VEGAS LEX law firm and the Moscow Region Government's support.
  • What businessmen should know about legislative changes with major and interested transactions?

    It is well known that before making significant managerial decisions, the general director must obtain approval from the shareholders or the board of directors. Apart from that, if a director is personally interested in entering into a transaction, approval is also required to proceed with the transaction. In the absence of such an approval, the transaction can be challenged and, in certain circumstances, invalidated. In order to minimize such risks and to eliminate legal uncertainty for the parties to the transaction, the rules governing major transactions and interested transactions must be sufficiently clear. Previously, however, the application of these rules was associated with a large number of controversial legal issues, which were finally solved as a result of the legislative amendments, which will enter into force on January 1, 2017. According to the new amendments, the distinction between major and non-major transactions has been delineated more clearly, parties have been allowed more flexibility in relation to approving transactions, the burdensome obligation to obtain prior approval of interested transactions has been abrogated, and finally the procedure for challenging transactions in question has been made much more complex. Overall, the changes should have a positive influence on business, as they contribute to the establishment of firm legal certainty in this area of the law. 
  • A Lessee’s Dream: the Drastic Devaluation of the Russian Currency Has Triggered New Discussions of

    The rent for leases, especially those in downtown Moscow and other large cities, is often based on the foreign currency exchange rate, which has recently increased almost threefold. Many businesses have been taken aback by this consequence of the economic crisis. Some of them have been put on verge of bankruptcy because of the increased rent and were forced to seek remedies in courts.
  • Judicial practice on corporate issues recent decisions and relevant precedents

    On 03 February 2016, the Senior Associate of Corporate Practice at VEGAS LEX Alexander Garmaev presented an overview of judicial practice on corporate disputes at a seminar hosted by the magazine Aktsionernoye Obshchestvo (Joint Stock Company).
  • Amendments to Part IV of the Russian Civil Code in 2015

    Author: Valentina Orlova, Head of Intellectual Property and Trademarks Practice, Pepeliaev Group
  • Parallel Import of Medicines: High Time or the Wrong Time?

    Authors: Sergey Klimenko, Head of Life Sciences Group; Yuri Yahin, Head of IP Group, Pepeliaev Group