The Legal 500

Baker Botts L.L.P.

SUITE 450 DUCAT PLACE II, 7 ULITSA GASHEKA, 123056 MOSCOW
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Work +7 495 545 0777
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Fax +7 495 545 0778
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www.bakerbotts.com
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What we say about the firm's legal practice in Russia

Banking and finance

Corporate and M&A Moscow

Energy and natural resources

Within Energy and natural resources, Baker Botts L.L.P. is a third tier firm,

Baker Botts L.L.P.’s practice was significantly boosted with the hire of corporate energy specialist Maxim Levinson, who joined from White & Case LLC with counsel Elena Stepanenko and Sergei Stepanov, and associate Konstantin Garmonin. The ‘upwardly mobile’ team advised Rosneft on the establishment of a joint venture with Chinese oil giant CNPC to build a 200,000 barrel-per-day refinery and 300 gas stations in China; and Gazprom on its co-operation agreement with TNK-BP and BP, and subsequent acquisition of TNK-BP’s 62.9% stake in Rusia Petroleum.

Real estate

Within Real estate, Baker Botts L.L.P. is a second tier firm,

Baker Botts L.L.P.’s real estate practice is based on its relationship with Hines, with 2008 seeing the firm advise Hines International and Hines International Real Esate Fund on a number of multimillion dollar real estate land acquisitions, and related development joint ventures, in relation to the development of office, residential, retail, warehouse and mixed use space in Russia. The team is led by partner Simon Elliott.


What we say worldwide

Please choose another Baker Botts L.L.P. office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

Offices in Dubai and Abu Dhabi

Foreign Firms

Hong Kong

Offices in Hong Kong

London

Offices in London

Russia

Offices in Moscow

Saudi Arabia

Offices in Riyadh

US

Offices in Washington DC, New York, Austin, Houston, Dallas, and Palo Alto

Legal Developments in Russia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Tax Reforms Towards the Creation of an International Financial Center in Russia

    In December 2009 the Russian Parliament adopted important changes further promoting the Russian holding companies regime. Starting from January 1, 2011 Russian holding companies will no longer be required to meet the present 500 million ruble threshold for investments made into companies qualifying as “strategic investments” to receive tax benefits.
    - Baker & McKenzie
  • Rules for Tender Selection of Joint Implementation Projects under Kyoto Protocol

    On October 28, 2009, the Russian Government adopted two enactments concerning joint implementation projects under the Kyoto Protocol to the United Nations Framework Convention on Climate Change (the "Kyoto Protocol") in the Russian Federation, namely:
    - Baker & McKenzie
  • Federal Law "On the Principles of State Regulation of Trading Activity in the Russian Federation"

    On 1 February 2010, the Federal Law "On the Principles of State Regulation of Trading Activity in the Russian Federation" (the "Law") comes into force, which will substantially change the rules applicable to trade activities.
    - Baker & McKenzie
  • New Rules for Issuing Domestic Secured Bonds In Russia

    Starting January 2010, amendments to Federal Law No. 39-FZ “On the Securities Market” dated 22 April 1996 entered into force, affecting the issue of domestic bonds by Russian issuers. The new rules will apply to all domestic bond issues to be placed in the market after 31 December 2009.
    - Baker & McKenzie
  • 2010 quota for foreign workers distributed. List of quota-exempt professions for 2010 approved.

    In accordance with the order distributing the 2010 quota of work permits, a fixed number of work permits can be issued in each Russian region to work in different professions. Thus, for example, for Moscow the general quota for all professions is established at 250,000 work permits (which is considerably less than in 2009), and for St. Petersburg – 210,066 work permits.
    - Baker & McKenzie
  • Formation of the Customs Union of Russia, Belarus and Kazakhstan

    Russia, Belarus, and Kazakhstan will adopt new unified customs tariff and non-tariff regulations from January 1, 2010, and the Customs Union (the “CU”) of the three countries of the Eurasian Economic Community (the “EurAsEC”) will become a reality. The CU Customs Code (the “Customs Code”) is expected to take effect from July 1, 2010 to regulate the resulting integral customs zone.
    - Baker & McKenzie
  • New developments in Russian legislation on saving energy and increasing energy efficiency

    Federal Law No. 261-FZ “On Saving Energy and Increasing Energy Efficiency, and on Amendments to Certain Legislative Acts of the Russian Federation” came into force on November 27, 2009 (the “Law”), with certain provisions of the Law taking effect later. Changes to the Tax Code of the Russian Federation, for example, became effective on December 27, 2009, and those to the Code of Administrative Offences of the Russian Federation (the “Administrative Code”) take effect on June 22, 2010.
    - Baker & McKenzie
  • Changes re Criminal Liability and Prosecution of Tax Crimes

    On December 29, 2009 the RF President signed a law introducing important changes to criminal liability for tax evasion. It is established that a person violating the tax legislation may be relieved of criminal liability if the respective outstanding taxes and penalties connected to a crime are paid to the budget.
    - Baker & McKenzie
  • Revised Draft of the Law on Circulation of Medicines Prepared

    An amended version of the draft Federal Law "On Circulation of Medicines"  was placed on the website of the Russian Ministry of Healthcare and Social Development on December 3, 2009. The initial Draft Law was published on the same website on July 8, 2009, attracting much attention and criticism. Many suggestions were made to improve the initial Draft Law so as to ensure the effective functioning of the Russian pharmaceutical market. 
    - Baker & McKenzie
  • Development of anti-insider trading and market manipulation legislation in Russia

    Federal Law of the Russian Federation No. 241-FZ of 30 October 2009, "On Making Amendments to the Criminal Code of the Russian Federation and Article 151 of the Criminal Procedural Code of the Russian Federation" ("Law No. 241") was published on November 3, 2009.
    - Baker & McKenzie