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Severing Russian Ties: Linklaters and Borenius Announce Russian Office Closures and Ivanyan and Partners Loses London Office

Severing Russian Ties: Linklaters and Borenius Announce Russian Office Closures and Ivanyan and Partners Loses London Office

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Linklaters and Borenius have announced they are closing their Russian offices in Moscow and Saint Petersburg, respectively, while the two London-based Partners of Russian firm Ivanyan and Partners have announced they are resigning from the firm and the office will be closed.

"Russia’s invasion of Ukraine is reprehensible and it is right that we stand together in condemning it," stated a Linklaters press release with the firm announcing it will wind down its operations in Russia and close its Moscow office, which was first opened in 1992. The firm noted it "will wind down existing work in accordance with our legal and professional obligations" and "will continue to assist international clients in dealing with the implications of the current crisis and in unwinding their Russian business interests."

"We condemn Russia’s military aggression against Ukraine and its people, and we are deeply shocked by the atrocities taking place in Ukraine," a Borenius press statement announced, with the firm set to close its Saint Petersburg office, originally opened in 2013. "The war will have wide-reaching and long-term implications and, in the new reality caused by the aggressive actions Russia has undertaken in Ukraine, it is no longer possible for us to continue our operations in Saint Petersburg," the firm added, while also noting: "While withdrawing from Russia, we will carefully take the needs of our clients and personnel into consideration."

Russian firm Ivanyan and Partners is losing its London office with Managing Partner Baiju Vasani and Partner James Dingley announcing they are leaving the firm.

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 office in 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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