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Latest News


22 March 2010

Understanding the Status and Protecting the Rights of Secured Creditors upon Bankruptcy
 

Magazine “Commercial Real Estate" (#6, 2010) published article by Law Synergy Managing Partner Andrey Savin dedicated to secured creditors upon bankruptcy.

Many Russian developers under the crisis cannot meet the obligations that they have assumed with regard to their loans, which oftentimes results in their insolvency. Banks were generally providing loans secured by collateral in the form of real estate facilities. Many of them having found themselves under technical or actual default, have become unable of honoring their debt obligations. What is lenders' response?

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10 March 2010

Divorce and Russian Billionaires | RBC magazine (#3,2010)
 

Tatiana Novikova, Law Synergy associate, comments on legal issues of divorces in Russia. Oligarch's wives hire best lawyers for divorces and fight for big money.

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05 March 2010

Dear ladies, we wishing you happy Women's day !

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04 March 2010

Control of Insider Trading Activities and Manipulation of Market
 

Magazine "Securities Market" published article by Law Synergy Managing Partner Andrey Savin dedicated to insider trading activities and manipulation of market at Russia.  On October 30, 2009, was enacted Federal Law No. 241-FZ, which aim is strengthening the protection of investors in the securities market. The State Duma approved the first reading of the draft law "On Counteracting Unlawful Use of Insider Information and Manipulation of the Market" on April 17, 2009. The laws serve as a major building block for Government initiatives to establish Russia as an international financial centre and define the new role for the country in the post-crisis international financial architecture.

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20 January 2009

Andrey Savin, Law Synergy Managing Partner will be presenting at a major conference, Insolvency and Bankruptcy in Russia, 28-29 January 2010, Moscow, organised by C5

 

He will speak on the most current legal aspects of protection of lien creditors rights during insolvency and bankruptcy procedures. Among other conference speakers are representatives of leading international and Russian law firms, including Deway & Le Boeuf LLP, Allen & Overy, Salans, Denton Wilde Sapte, Goltsblat BLP etc

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11 January 2010

General Contractor: From Regulation to Self Regulation

 

Article by Law Synergy associate Andrey Elistratov (co-author - Savina Svetlana, PhD in Law) on amendments to the construction business in Russia and delegating of regulation over construction activity to self regulating organizations was published in Magazine "Corporate Lawyer" (1, 2010). The authors review different legal aspects of general contractor activity in the light of transformation from the state licensing to self regulating of construction business. In article you will find deep analysis of legal nature of general contractor, its liability for capital construction projects etc.

Read more >


12 December 2009

International Law Firms Tend to Dominate the Russian Legal Market

 

Magazine "Legal Business" published article by Law Synergy Managing Partner Andrey Savin on current situation at legal market of Russia. Russian law firms vs. international law firms - business competition or tough expansion ?

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24 November 2009

When a Residential Developer Goes Bankrupt It Can Mean Trouble for Participants in Shared Construction

 

Аrticle by Law Synergy Managing Partner Andrey Savin was published in weekly magazine "Finans." (43, 23-29 November 2009). Bankruptcy of Developer is a great problem for participants in shared construction. The article is dedicated to protection of participants in shared construction rights and last amendments to the bankruptcy law.

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06 November 2009

President Medvedev wants criminal penalties for corporate raiders

 

Medvedev said other penalties would be useless in preventing corporate raids.  Law Synergy comments for business portal Arendator.Ru on legal issues of applying criminal penalties for corporate raiders.

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03 November 2009

Point of View: Good Faith is not the Panacea for Buyers of Land and Country Estate

Business newspaper Vedomosti published article by Law Synergy Managing Partner Andrey Savin dedicated to main legal issues of land and country estates which are very important for developers and buyers of countryside real estate.

Read more >


05 October 2009

Anti-crisis Debt Restructuring of Russian Companies

 

Article by Law Synergy Managing Partner Andrey Savin on debt restructuring of Russian companies was published at SLON.RU. Focal points of article are corporate restructuring of debts in Russia, corporate workout strategies, principles of INSOL etc.

Read more >


25 September 2009

Andrey Savin, Law Synergy Managing Partner will be presenting at a major conference, Insolvency and Bankruptcy in Russia, 28-29 January 2010, Moscow, organised by C5

The topic of his presentation is "Protection of lien creditors rights during insolvency and bankruptcy procedures". Among other conference speakers are partners of leading international and Russian law firms, including Deway & Le Boef LLP, Allen & Overy, Salans, Denton Wilde Sapte, Pepeliaev, Goltsblat & Partners etc.

Read more >


05 August 2009

Law Synergy comments for Reuters counter-suit action by PIK Group vs. AFK Sistema

 

Russia's largest real estate development company, PIK Group, has files a counter-suit against AFK Sistema and its subsidiary Moscow Bank for Reconstruction and Development (MBRD), demanding that the transfer by MBRD of its right to claim debts from PIK to AFK Sistema be challenged and invaluidated.

Read more >


29 July 2009

"Amount of the Bankruptcy Cases Will Raise Up to 40 Percents" - Interview at Magazine "Sobstvennik"

Andrey Savin, Law Synergy Managing Partner, gave an interview for magazine "Sobstvennik" about latest changes in bankruptcy legislation and their effect on real estate market.

Read more >


24 July 2009

Law Synergy Associate Comments Legal Issues of Elevated Helipodes Construction in Moscow | Arendator.Ru

 

Andrey Elistratov, Law Synergy associate, comments on legal issues of construction the helipodes at Moscow scyscrapers.

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16 July 2009

"Tax Authorities vs. Miel" - Law Synergy comments for newspaper "RBC Daily"

 

Law Synergy Managing Partner Andrey Savin, comments on institution of criminal case vs. company ZAO "Miel Nedvizhimost".

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14 July 2009

"Creditor Rights Protection" - amendments to the Bankruptcy Law

 

Аrticle by Law Synergy Managing Partner Andrey Savin was published at weekly magazine "Finans." (25-26, 13 - 26 july 2009). The article is dedicated to the latest amendments to the Bankruptcy Law of Russian Federation and illustates author's point of view at important changes.

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09 July 2009

Law Synergy comments London High Court action by VTB Bank against Chalva Tchigirinski

 

Reuters

BFM.RU

Gazeta.Ru

PRAVO.RU ...

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06 July 2009

"Participants in Shared Construction vs Developers"

Newspaper Vedomosti published article by Law Synergy Managing Partner Andrey Savin dedicated to proposed draft amendments to Russian Federation Federal Law 214-FZ of 30.12.2004 "On Participation in the Joint-Share Construction of Apartment Buildings and other Real Estate Properties and the Amendment of Certain Russian Federation Legislative Acts".

Read more >


06 July 2009

Amendments to the Russian Legislation on Limited Liability Companies Entered into Force

 

As Law Synergy informed you previously, Federal Law No. 312-FZ “On Amendments to Part I of the Civil Code of the Russian Federation and Certain Regulations of the Russian Federation” was adopted on 30 December 2008. It introduces significant amendments to the regulation of limited liability companies. The Federal Law entered into force on 1 July 2009.

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06 July 2009

Law Synergy Comments on Provisions of Article 451 of the Civil Code of Russia for Vedomosti

 

Andrey Elistratov, Law Synergy associate, comments actions of banks about a change in the credit agreements with the reference on article 451 of the Civil Code of Russia.

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22 June 2009

Draft Amendments to Russian Federation Law 214-FZ. Article at monthly magazine "Salon Nedvizhimosti"

 

Monthly magazine "Real estate Salon" published article by Law Synergy Managing Partner Andrey Savin dedicated to proposed draft amendments to Russian Federation Federal Law 214-FZ.

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22 June 2009

"Debtor Against Will". Law Synergy comments for D' magazine

 

Andrey Elistratov, Law Synergy associate, comments on mortgage issues for D' magazine (#12, 22 June of 2009).

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19 June 2009

The Supreme Arbitration (Commercial) Court of the Russian Federation focuses on bankruptcy legislation

 

Yesterday Law Synergy associates took part in Panel Session of the Presidium of The Supreme Arbitration Court of the Russia Federation dedicated to the following issues:

- Draft resolution of the Plenum of the Supreme Arbitration Court "On Certain Issues Arising with the Enactment of Federal Law No. 296-FZ "On Amendments to the Federal Law "On Insolvency (Bankruptcy)” and Certain Other Legislative Acts of the Russian Federation”;

- Draft resolution of the Plenum of the Supreme Arbitration Court "On Certain Issues Arising with Court Cases Maintained with Non Performance of Contract Liabilities”.

Read more >


09 June 2009

State Duma of Russian Federation deal with five laws on trade

 

Law Synergy associates participated in Parliament proceeding in State Duma of Russian Federation dedicated to Trade Law. Among speakers were Nizhegorodtsev Timofey (Head of FAS department), Lev Hasis (General director of X5 Retail Group), Lisovskiy Sergey (shareholder of Mosselprom), State Duma deputies and other leading professionals.

Read more >


06 May 2009

Andrey Savin, Managing Partner of Law Synergy, will participate in Workshop on Distressed Debt Russia and CIS organized by C5 (18-19 May, 2009, Moscow Marriott Tverskaya Hotel)

 

Andrey Savin will speak on the latest changes in bankruptcy legislation and current questions in judicial protection of distressed debts owners.

Conference speakers are industry leaders, including: Simon Davies, Director, The Blackstone Group, UK; Victor Pleskachevskiy, Chairman of Proprietary Committee State DUMA, Russian Federation; Julian Salisbury, Partner Managing Director, Goldman Sachs ESSG, UK; Yaroslav Lissovolik, Chief Economist Deutsche Bank, Russia; Leo Morozov, Executive Director, Lehman Brothers Real Estate Partners, UK; Laurent Mitaty Head of CMBS, Societe Generale, France; Alexander Temkin, Portfolio Manager, Renaissance Russia Distressed Assets Fund, Russia.

Read more >


05 May 2009

Who’s Who. Leading Lawyers of Russia

 

Second edition of legal encyclopedia «Who’s Who. Leading Lawyers of Russia» has published. This handbook has identified the top 1000 legal practitioners in different areas of law in Russia. The guide was prepared in cooperation with «Pynes & Moerner».

Second edition of encyclopedia contains professional CVs and achievements of 1000 most well-known and reputable lawyers in Russia.

Managing partner of Law Synergy Andrey Savin was nominated a second time in section «Real Estate. Construction. Land».

It is noteworthy there are G. Reznik, B. Puginsky, G. Padva, E.Sukhanov and others among nominees.

Read more >


05 May 2009

Law Synergy overview latest amendments in RF Federal Laws for Business Magazine

 

Weekly "Business-Magazine" published Law Synergy overview on latest amendments in Russian Federation laws which simplified dealing with distressed debts.

Read more >

     

 

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Recent Legal Updates

Russian

[31.07.2011] New Law on Procurement of Goods, Works and Services by Certain Categories of Legal Entitites (Federal Law No. 223-FZ)

[30.07.2011] Resolution of High Arbitration Court of Russia No. 54 On Immovable Property to be Built or Acquired in Future

[15.06.2011] Latest Amendments to the Federal Law On State Registration of Rights to Immovable Property and Transactions Involving Such Property (Federal Law No. 129-FZ)

[13.06.2011] New Federal Law Concerning the Licensing of Certain Types of Activity (Federal Law No. 99-FZ)

12.04.2010] Public Acess to Court Decisions in Russia (Federal Law No. 262-FZ)

[01.04.2010] Changes to Federal Law "On Personal Data" (Federal Law No. 363-FZ)

[16.02.2010] New Russian Law on Trade (Federal Law No. 381-FZ)

[27.01.2010] The Rates of State Duties for Legally Significant Actions Are Increased (Federal Law No. 374-FZ)

[25.01.2010] Significant Changes to Russian Corporate Law (Federal Law No. 352-FZ)

[22.01.2010] The Amendments Concerning to State Cadastre of Real estate and Registration of the Rights on Immovable Property (Federal Law No. 334-FZ)

[11.01.2010] Update On the List of Works Which Influence Upon the Safety of Capital Construction Facilities (Federal Law No. 352-FZ)

[22.12.2009] Reversal of Deadline For an Obligatory Re-registration of Charters of Limited Liability Companies (Federal Law No. 310-FZ)

[15.12.2009] New Russian Anti-Insider Trading and Market Manipulation Legislation (Federal Law No. 241-FZ)

[03.12.2009] Priority Registration of Domain Names in Cyrillic Domain .РФ (.RF)

[15.09.2009] Clarifications of the Supreme Arbitration Court of the Russian Federation on the Bankruptcy Law

[09.09.2009] Government of the Russian Federation Clarifies Instances Where Agreements Between Economic Entities Are Permissible (Resolution No. 583)

[03.09.2009] Important Changes in the Corporate Legislation (Federal Law No. 205-FZ)

[28.07.2009] Important Changes in the Antimonopoly Legislation (Federal Law No. 164-FZ)

[15.06.2009] Amendments to Federal Laws Governing Joint-Stock Companies and Securities Market

[05.05.2009] Amendment to the Bankruptcy Law (Federal Law No.73-FZ)

[09.03.2009] Changes in the Limited Liability Companies Legislation (Federal Law No.312-FZ)

[09.03.2009] Changes in Restructuring of Legal Entities Legislation (Federal Law No. 315-FZ)  

[09.03.2009] Amendments to the Protection of Legal Entities Rights During State Control Actions Legislation (Federal Law No. 294-FZ)

More Legal Updates

Publications & Articles

[22.03.2010] Protecting The Rights of Secured Creditor Upon Bankruptcy | Article | Magazine "Commercial Real Estate"

[04.03.2010] Control of Insider Trading Activities and Manipulation of Market | Article | Magazine "Securities Market"

[11.01.2010] General Contractor: From Regulation to Self Regulation | Article | Magazine "Corporate Lawyer"

[12.12.2009] International Law Firms Tend to Dominate the Russian Legal Market | Article | Magazine "Legal Business"

[24.11.2009] When a Residential Developer Goes Bankrupt It Can Mean Trouble for Participants in Shared Construction | Article | Magazine "Finans." 

[03.11.2009] Point of View: Good Faith is not the Panacea for Buyers of Land and Country Estate | Article | Vedomosti

[05.10.2009] Anti-crisis Debt Restructuring of Russian Companies | Article | Slon.RU

[29.07.2009] Amount of the Bankruptcy Cases Will Raise Up to 40 percents | Interview | "Sobstvennik"

[16.07.2009] Tax Authorities vs. Miel | RBC-Daily

[14.07.2009] Creditor Rights Protection | Article | magazine "Finans."

[09.07.2009] Law Synergy Comments London High Court Action by VTB bank vs. Chalva Tchigirinski | Reuters, BFM.Ru, Gazeta.Ru, Pravo.Ru

[06.07.2009] Participants in Shared  Construction vs. Developers (article) | Vedomosti

More Publications & Articles

Latest News

[20.01.2010] Managing Partner of Law Synergy will be presenting at a major conference, Insolvency and Bankruptcy in Russia, organised by C5 (29 January2010)

[06.05.2009] Managing Partner of Law Synergy participated in Workshop on Distressed Debt Russia and CIS organized by C5

[05.05.2009] Who’s Who. Leading Lawyers of Russia