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EPAM Uses New Mechanisms to Advise on Sale of National Media Group Company Shares

EPAM Uses New Mechanisms to Advise on Sale of National Media Group Company Shares

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Egorov Puginsky Afanasiev & Partners has advised the National Media Group on the sale of shares in one of its companies to an unspecified buyer.

According to EPAM, "the project was unique in that the firm’s associates successfully used a new transactional mechanism for legal support that was recently introduced into Russian legislation – irrevocable power of attorney – and engaged the depositary as an escrow agent. The team also made use of the recently reformed legislation on securities."

The firm’s St. Petersburg-based team included Head of Corporate and M&A Elena Agaeva, Senior Associate Evgenia Evdokimova, and Associate Elena Kvartnikova.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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