The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

VEGAS LEX

52, KOSMODAMIANSKAYA EMBANKMENT, 115054 MOSCOW, RUSSIA
Tel:
Work +7 495 933 0800
Email:
Web:
www.vegaslex.ru
Krasnodar, Moscow, Volgograd

Russia

Competition
Competition - ranked: tier 3

Vegas Lex

At Vegas Lex, highlights included advising Mosvodokanal on various antimonopoly-related risks regarding its activities in the water, energy and heat supply sectors. The team is also acting for Auchan in an overpricing case before the Federal Antimonopoly Service of the Republic of Tatarstan. Alexander Sitnikov is recommended.

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 5

Vegas Lex

Vegas Lex’s practice is led by Evgeniy Rodin, who has significant expertise in the retail electric power and energy markets, and regularly represents companies in energy-related disputes across the Russian regions. In a recent highlight, the team advised Credit Bank of Moscow, a main shareholder in the Yaroslavl oil refinery, on the latter’s bankruptcy. Alexander Sitnikov is the other key figure.

[back to top]

PPP and infrastructure projects
PPP and infrastructure projects - ranked: tier 2

Vegas Lex

Vegas Lex has ‘an outstanding approach to concession project structuring’ and ‘does everything possible to ensure the launch of each project as soon as is practical’. The team is headed by Albert Eganyan, who ‘is highly efficient and committed to obtaining positive results’.

[back to top]

Real estate and construction
Real estate and construction - ranked: tier 3

Vegas Lex

Vegas Lexresponds to all queries in a clear and professional manner’ and has ‘profound knowledge of all aspects and pitfalls of the sector’. Igor Chumachenko heads the practice.

[back to top]

TMT
TMT - ranked: tier 3

Vegas Lex

Vegas Lex has ‘deep industry knowledge’ and ‘always defends the interests of the client’. Alexandra Vasyukhnova advises on technology regulation and commercial contracts, and Natalia Abtseshko is recommended for e-commerce issues.

[back to top]

Tax
Tax - ranked: tier 3

Vegas Lex

Vegas Lex advises on tax and customs reviews, corporate restructurings, audits and international budgeting and monitoring. Managing partner Alexander Sitnikov is currently representing Mosenergo in a dispute regarding the taxation status of communal residential complexes.

[back to top]

Transport
Transport - ranked: tier 3

Vegas Lex

Vegas Lex has ‘developed an outstanding approach to concession project structuring, which makes it possible to launch projects as soon as possible’. Denis Shtirbu advises on transport-related PPP projects.

[back to top]

Russia: Banking and finance

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

Vegas Lex

Highly professional law firmVegas Lex provides ‘prompt decisions in response to complicated tasks’. The ‘open-minded, responsive’ Alexander Sitnikov advises on all aspects of financing and investment projects, including deal structuring and risk management.

[back to top]

Russia: Dispute resolution

Litigation
Dispute resolution: litigation - ranked: tier 2

Vegas Lex

Vegas Lex has ‘a deep understanding of the specifics of the client’s industry’, which ‘allows the firm to develop a strong and well-reasoned position in each matter’. The team handled a mix of M&A, bankruptcy, joint venture and shareholder disputes across various sectors, and recently represented OGK-2 in proceedings arising from Group E4’s bankruptcy. Managing partner Alexander Sitnikov is praised for his ‘results-oriented approach’, and practice head Victor Petrov has ‘impressive tactical ability’.

[back to top]


Further information on VEGAS LEX

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

Russia

Offices in Moscow, Volgograd, and Krasnodar

Legal Developments by:
VEGAS LEX

  • 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.
    - Vegas Lex Law Firm

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