Recent Deals

"Coming up with hidden critical issues."
Nalco Company
Vaclav Harant, General Director for Russia and CIS
"The team of real professionals, each of them capable, when necessary, of providing robust legal support for achieving any business objective."
Siberian Coal Energy Company (SUEK)
Alexander Redkin, Legal Director
"We would like to note the impeccable quality of the services provided to us and the high standard of professionalism demonstrated by the team, together with a profound understanding of our business specifics and strategic mission."
Sibur
Aleksey Nikiforov, Legal Support,
"… a profound understanding of how the Russian energy industry ticks and an impressive track record of energy and infrastructure projects, including with an international footprint."
RusHydro
Dmitry Panchenko, Legal Director
"An undeniable strength of the firm is its high level of competence and the ability to find the best solution to complex legal challenges."
United Metallurgical Company (OMK)
Vladimir Markin, President

HeadHunter Group PLC

We have been advising HeadHunter Group PLC (the leading online recruitment platform in Russia and the CIS focused on providing comprehensive talent acquisition services) on various tax issues related to the group restructuring, while the company was engaged in the IPO process, including relocation to Russia in terms of effective management and tax residence status obtained by foreign companies, advice on various intragroup financing and profit repatriation issues, employee option plan taxation.

Volga-Sport

Entertainment & Media
Representing the client in a complex, multi-stage dispute arising from failure by the grantor (a Russian constituent entity) to meet its obligations to reimburse the concessionaire (our client) for costs incurred in constructing the region’s biggest sports infrastructure facility under a concession agreement.

ITE Expo International

Entertainment & Media
We represented the client in a complex dispute over its rent rocketing almost 16-fold to RUB 2.5 bn on the basis of a literal interpretation of the contract. Our opponents insisted on raising the rent in view of revenue targets achieved (“turnover charge”).Our team drafted and implemented a court strategy on the basis of several parallel litigations. During the proceedings, we convinced the court that the contract provisions entitling the landlord to raise the rent had to be interpreted broadly rather than literally. As evidence, we submitted a linguistics expert’s opinion and documents reflecting the client’s financial performance.As a result, the parties signed an amicable settlement agreement on terms permitting them to retain their business relations.

Teva Pharmaceutical Industries

Healthcare and Pharmaceuticals
Representing the client in bankruptcy proceedings of its debtor, a big pharmaceutical company. The bankruptcy proceedings are complicated by supposedly insufficient assets disposed of to the debtor’s affiliates and the need to seek out the debtor’s assets. The bankruptcy is also complicated by a multiplicity of creditors (including several well-known bank pledgeholders).

Teva Pharmaceutical Industries Ltd.

Healthcare and Pharmaceuticals

The BCLP team defended a transnational pharma company in a dispute with a major Russian insurer over recovery of insurance compensation. The claims were based on a commercial loan insurance agreement obligating the insurer to reimburse the insured’s losses arising from its counterparties delaying payments under supply contracts.

The defendant refused to pay out the insurance compensation, arguing termination of coverage after delay by the counterparty beyond the maximum period permitted under the insurance agreement. Yet the insurer renewed the policy even though it was aware of the delay.  

BCLP lawyers presented a consistent position arguing the insurer’s bad faith and inconsistent conduct and that the agreement terms were to be interpreted in the insured’s favour.

This case might be of interest for interpreting insurance agreement terms relating to termination of coverage and for assessing insurers’ professional actions. The matter is of special significance for insurance of large-scale supplies of medicines.

RT-Business Development

Energy, Natural Resources, Mining & Infrastructure

Advised RT-Business Development as part of Fedorovo Holding consortium on acquisition of a major stake in the charter capital of Fedorovo Resources which owns a license to develop Fedorova Tundra, platinum and palladium deposit, from Barrick Gold, the world’s second largest gold producer.

Siberian Generating Company (SGC)

Energy, Natural Resources, Mining & Infrastructure

Advised Siberian Generating Company (SGC), SUEK Group (Siberian Coal Energy Company, Russia’s biggest coal producer), on two complex asset deals:

  • 25 bn RUB acquisition of Reftinskaya GRES, thermal coal-fired power plant from Enel Russia;

  • 10 bn RUB acquisition of Krasnoyarskaya GRES-2  power plant from Gazprom Energoholding Group.

Tinkoff Group

Advised on the biggest ever office lease on the Moscow commercial real estate market: drafting and negotiating the future property lease for the office space in the building located in the centre of Moscow to accommodate Tinkoff’s headquarters, including all its core subdivisions, such as Tinkoff Bank, Tinkoff Insurance, Tinkoff Mobile, Tinkoff Development Center, etc.

ESN Group

Energy, Natural Resources, Mining & Infrastructure
Providing legal advice and support in relation to development and construction of a gas processing / methanol production plant (design capacity: 1.2 million cubic meters of methanol annually) in the Russian Far East, including support with execution of the first Investment Treaty with the Ministry for Economics to promote and protect Investments (IPPA), land use and infrastructure issues. etc.