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Dechert Russia LLC


Russia

Employment
Employment - ranked: tier 3

Dechert Russia LLC

Dechert Russia LLC advises on issues arising from employment contracts, dismissals, data protection matters and trade secret misappropriation. The group is led by Evgenia Korotkova, who has notable expertise in M&A- and joint venture-related employment issues.

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Energy and natural resources
Energy and natural resources - ranked: tier 4

Dechert Russia LLC

At Dechert Russia LLC, managing partner Laura Brank represents Mechel and its subsidiaries in two separate London Court of International Arbitration cases against VTB Bank, a matter related to two syndicated facility agreements. The firm is also acting for Chelyabinsk Metallurgical Plant in proceedings against a Chinese contractor regarding the construction of a rolling mill.

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Real estate and construction
Real estate and construction - ranked: tier 2

Dechert Russia LLC

Dechert Russia LLC handles real estate investment structuring, portfolio sales and acquisitions, and the full range of transactions involving commercial, industrial, residential and office space. Laura Brank heads the team, and is currently advising Hyatt International on the management of various hotels across Russia.

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TMT
TMT - ranked: tier 2

Dechert Russia LLC

Dechert Russia LLC handles a mix of M&A, joint ventures, financings and regulatory and licensing matters. Managing partner Laura Brank recently represented a Russian screenplay writer in a dispute with a group of filmmakers arising from the alleged misappropriation of a draft script.

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Russia: Banking and finance

Borrower side
Banking and finance: Borrower side - ranked: tier 4

Dechert Russia LLC

Dechert Russia LLC has notable expertise in cross-border project and acquisition financings, and regularly advises on the financing aspects of M&A transactions. Managing partner Laura Brank is the name to note, and recently cooperated with the firm’s London-based practice to advise an ad hoc group of bondholders in Far Eastern Shipping Company on a high-value financial restructuring. Dual-qualified counsel Olga Watson advises on a range of Russian and English law issues.

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Lender or arranger side
Banking and finance: Lender or arranger side - ranked: tier 4

Dechert Russia LLC

Dechert Russia LLC provides ‘good value for money’, advising a mix of domestic and foreign commercial and investment banks on project and acquisition financings. Laura Brank is ‘a pragmatic and astute dealmaker who always gives sensible advice’. Key clients include Alfa Bank, Deutsche Bank and Commerzbank.

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Russia: Commercial, corporate and M&A

Moscow
Commercial, corporate and M&A: Moscow - ranked: tier 3

Dechert Russia LLC

The ‘responsive, knowledgeable’ team at Dechert Russia LLC provides ‘helpful, strategic advice’ and ‘great value for money’. Recent work includes advising Mechel on several corporate matters, including its listing on the New York Stock Exchange and its sale of a mining company in the US, and acting for J.H. Whitney Capital Partners on its acquisition of a Russian family business. Laura Brank is the key figure, and splits her time between London and Moscow.

Leading individuals

Laura Brank - Dechert Russia LLC

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Russia: Dispute resolution

Arbitration and mediation
Dispute resolution: arbitration and mediation - ranked: tier 1

Dechert Russia LLC

Dechert Russia LLC is ‘a go-to firm for commercial and cross-border disputes in Russia’, handling ‘all projects with due care’ and adopting ‘a client-oriented approach’. The team is currently representing Mechel and its subsidiaries in two London Court of International Arbitration (LCIA) cases against VTB Bank, and is also acting for Chelyabinsk Metallurgical Plant in proceedings against Minmetals Engineering, a Chinese contractor, in a $200m dispute regarding the construction of a rolling mill in Chelyabinsk. The ‘unflappable’ Yuri Makhonin heads the practice.

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Litigation
Dispute resolution: litigation - ranked: tier 2

Dechert Russia LLC

Dechert Russia LLC’s ‘fast, knowledgeable and responsive’ team is ‘worth every penny, especially when it brings you a favourable result in a high-stakes case’. The firm is currently acting for Eurobank Ergasias in a number of recovery and foreclosure proceedings against the Russian subsidiaries of a development conglomerate, and is also defending a high-profile businessman against an enforcement claim brought by a Russian oligarch. Senior associate Yuri Makhonin heads the practice, and is praised as ‘a diligent, fierce litigator who is absolutely fantastic in court’.

Next generation lawyers

Yuri Makhonin - Dechert Russia LLC

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Further information on Dechert LLP

Please choose from this list to view details of what we say about Dechert LLP in other jurisdictions.

United Arab Emirates

Offices in Dubai

Belgium

Offices in Brussels

China

Offices in Beijing

Germany

Offices in Munich, Frankfurt, and Bonn

France

Offices in Paris

Georgia

Offices in Tbilisi

Hong Kong

Offices in Hong Kong

Latin America: International firms

Ireland

Offices in Dublin

Kazakhstan

Offices in Almaty

London

Offices in London

Luxembourg

Offices in Luxembourg

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

United States

Offices in Charlotte, Orange County, San Francisco, Washington DC, Princeton, New York, Hartford, Boston, Philadelphia, Silicon Valley, Austin, Chicago, and Los Angeles

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.
  • 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.
  • 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
  • A Look at Russia's Antimonopoly Legislation

    Elena Sokolovskaya, Head of Antimonopoly Regulation Group, Pepeliaev Group The main areas covered by Russian antimonopoly legislation are prohibition of the abuse of a dominant position, regulation of prohibited agreements, antimonopoly requirements for bidding, merger control, and prohibition of unfair competition. In recent years more attention has been paid to the development of Russian antimonopoly legislation. For this purpose, the State Duma of the Russian Federation (the lower chamber of Russia's parliament) is considering draft measures billed as the 'Fourth Antimonopoly Package'. This comprises amendments to Law No. 135-FZ 'On Protecting Competition' (the "Law on Competition") as well as to the Russian Administrative Code. The measures have already been passed in the first reading and are expected to make it onto the statute book before the end of 2015.
  • A NEW DEVELOPMENT IN CRIMINAL LIABILITY FOR RESTRICTING COMPETITION

    Pepeliaev Group Advises of Amendments to Article 178 of the Russian Criminal Code to Decriminalise Certain Offences and Introduce a New Condition for being Released from Criminal Liability for Restricting Competition