The control procedure for foreign currency operations by individuals connected with loans is once again undergoing changes. Anastasia Kuzmina, Head of the Tax group at Capital Legal Services, tells us what this means.

What was the new Capital Legal Services business breakfast about and how useful was it?

President Trump has less than three months to impose all or part of them or to leave them as a phantom menace. Will European countries support the overseas ally or will Russia make its own deal with them? Will Britain keep to the sidelines in respect to these decisions, while being engulfed by Brexit-related problems? What counter sanctions will Russia introduce as response? How will geopolitics affect markets and the activity of international law firms?

Vladislav Zabrodin, Managing Partner of Capital Legal Services, held a panel discussion on these topical issues at the international conference Russian Law Week 2018 in London. Organizers even gave it a name in Russian – Без границ (‘bez granits,’ meaning ‘without borders’).

Western colleagues have serious concerns about plans of the Russian government to reform the legal services market, which could lead to exodus of international players, leaving a huge market share to domestic law firms. This is because the reform implies monopolization of representation in courts by attorneys-at-law. As a result, branches and subsidiaries of foreign law firms will not be able to work in these conditions. As one of the participants said, they have already passed the stages of denial, anger and depression, and are ready for bargaining. It seems that the sanctions will take the same route.

The delicate problem of what a reasonable and balanced distinction is between the requirements of information disclosure and confidentiality of terms and conditions of concession agreements, a task that regional authorities and businessmen have been trying to resolve together, was the topic of the report by Julia Antipova, Head of PPP and Project Finance Group in Saint-Petersburg office at Capital Legal Services.

Many people think that copyright operates somewhere rather remote – in the movies, literature, music or on TV. Well, maybe on the Internet too. But in fact, almost every employee of every company becomes a real author while doing their job, even if the only things they write are a marketing plan, business report, innovation proposal or safety instructions. All these things constitute intellectual assets of a company.

Pavel Karpunin, Partner at Capital Legal Services and Head of the PPP and Project Financing practice participated in the open discussion on “Models to attract private investors in the port infrastructure of Russia” at the Forum “Transport Infrastructure of Russia.”

Capital Legal Services held a business breakfast for members of the Leaders Club on September 14, 2018. 

Mikhail Dikopolski has joined the Capital Legal Services team as Of Counsel of the Corporate practice. Mikhail specializes in Corporate and Commercial law, providing support for M&A transactions, creation of joint ventures and business restructuring.

With legal support from Capital Legal Services, a direct agreement was successfully signed on August 1, 2018, between the Government of Novosibirsk Region, Siberian Concession Company LLC and Gazprombank JSC.

Irina Onikienko, Partner of Capital Legal Services received the Lawyer of the Year award in Arbitration and Mediation in St. Petersburg, Managing Partner Vladislav Zabrodin and Partner Pavel Karpunin took the leading positions in key legal practice areas: Corporate Law, M&A, Real Estate & Construction, Arbitration and Mediation, and Litigation.