Baker Botts has advised Russian liquified natural gas producer PAO Novatek on the sale of a 10% participation interest in Arctic Transshipment LLC to TotalEnergies SE.
Alliance Legal CG has successfully represented the Ekaterinburg Diocese of the Russian Orthodox Church, on a pro bono basis, in a RUB 4 million dispute with the Ekaterinburg City Administration over the diocese’s subsidiary liability for the obligations of its Orthodox Kindergarten. The case was brought before the Arbitration Court of the Sverdlovsk Region.
Dentons has advised titanium producer VSMPO-AVISMA Corporation on an English law-governed unsecured five-year club loan facility for up to USD 400 million provided by a number of international banks. The mandated lead arrangers included Societe Generale, Credit Agricole Corporate and Investment Bank, Banca Intesa, Intesa Sanpaolo Bank Luxembourg S.A., and UniCredit S.p.A., with the latter four banks also serving as book-runners. Bank Zenit and Bank ICBC were lead arrangers. ING Bank N.V. acted as agent and UniCredit S.p.A. acted as documentation agent.
Kachkin & Partners has advised real estate developer Krasnaya Strela on the sale of a business-class residential development project on Moskovsky Prospekt in Saint Petersburg, including the 2.63-hectare plot, building permits, and RUB 6.3 billion in financing provided by the DOM.RF Bank, to developer E.Development of Moscow.
Generally, the responsibility for interpreting foreign laws lies with the state commercial court. Parties have a right, but are not obliged to, render assistance and provide the court with information concerning statutory provisions of foreign laws. However, if the content of the foreign law is not ascertained with reasonable expediency, Russian law applies.