Corporate law

Tag: Corporate law

Consolidation transactions most numerous on Russian M&A market

Corporate consolidation transactions are the most numerous on the Russian M&A (mergers and aquisitions) market, Dmitry Sedov, Co-Head of Investment Banking at Goldman Sachs (Russia), said at an IBA conference in Moscow on Thursday.

15:04 04.12.2014

$1.7 mln unpaid-bonus claims against Russia's VKontakte withdrawn

Ilya and Igor Perekopsky, who left the Russian social network VKontakte last January, have withdrawn their suits from a St. Petersburg court seeking about $1.7 million in unpaid bonuses and compensations.

17:03 08.10.2014

Prime Minister Medvedev orders prompt changes to 'deoffshorization' bill

Prime Minister Dmitry Medvedev has given instructions to improve a bill on the country’s deoffshorization and wants to see a report on the improvements before June 30, according to a statement on the government website.

11:17 25.06.2014

Russian investigators propose holding organizations criminally accountable

Russia’s Investigative Committee has again proposed opening up organizations to criminal liability – specifically in cases involving drug trafficking.

14:40 02.12.2013

Russian, Ukrainian oligarchs investigated by UK Takeover Panel – report

The UK Panel on Takeovers and Mergers (the Takeover Panel) has launched an investigation into the activities of oligarchs Alexander Zhukov, Gennadiy Bogolyubov, and Ihor Kolomoisky in connection with a suspected plot to gain control of British oil and gas exploration and production firm JKX.

17:47 07.11.2013

Management reshuffle at Nemiroff's Ukrainian subsidiary deemed legal

The High Administrative Court of Ukraine (VASU) has upheld the decision by Nemiroff Holdings Limited to replace the chief executive of its Ukrainian subsidiary.

14:31 11.07.2013

Court approves amicable agreement in Rusal - Norilsk Nickel dispute

The Federal Commercial Court of the East Siberian District has endorsed an amicable agreement between Norilsk Nickel and its shareholder Rusal Investment Management.

15:07 14.05.2013

Rosneft secures appeal in TNK-BP shareholder's suit against BP

The Federal Commercial Court of Appeals of the West Siberian District (Tyumen) has ruled in favor of Rosneft's appeal against the lower court's decision to dismiss a TNK-BP minority shareholder's suit against BP.

12:53 23.04.2013

Aeroflot appeals decision to provide records to minority shareholder

Aeroflot has filed an appeal against a previous appeals court ruling to provide procurement records to minority shareholder Igor Shilovsky. In February, the Ninth Court of Appeals overruled the lower court’s decision and partially satisfied Shilovsky’s demands by ordering the state-controlled airline to provide him with a number of documents.

18:39 05.04.2013

Canadian Supreme Court approves Uranium One takeover by Russian uranium producer

The consolidation of a 100% stake in Uranium One Inc by Russia's ARMZ Uranium Holding has been approved by the Canadian Supreme Court, as well as by regulators in Russia, the United States and Australia, ARMZ said on Thursday.

10:51 28.03.2013

Aeroflot temporarily limits directors' access to internal documents

Aeroflot has temporarily limited its directors' access to operational records to prevent corporate information from leaking to the media.

16:52 22.03.2013

Russia seeks to unveil offshore ownership of key companies

The Russian government is in the process of drafting a bill that would force the owners of offshore companies to reveal their identities if their companies own objects or entities key to Russian infrastructure, security, and defense.

16:27 12.03.2013

Rosneft appeals dismissal of TNK-BP minority shareholder's suit against BP

Rosneft has appealed the court decision to dismiss the lawsuit filed by TNK-BP Holding minority shareholder Andrei Prokhorov to recover 288 billion rubles ($9.4 billion) from BP Russian Investment Limited (BPRI) and BP p.l.c.

13:02 19.02.2013

Aeroflot to provide documents to minority shareholder

The Ninth Commercial Court of Appeals, which heard the case of minority shareholder Igor Shilovsky vs. Aeroflot, has obliged the airline to provide him with the documents. These documents regulate the company's procedure for monitoring the procurement of goods, works and services

14:21 08.02.2013

TNK-BP minority shareholder lawsuit against BP dropped

The Eighth Commercial Court of Appeals in the Siberian city of Omsk has dismissed the lawsuit initiated by Andrei Prokhorov, a TNK-BP minority shareholder, to recover RUB 288 billion ($9.5 billion at the current exchange rate) from BP Russian Investment Limited (BPRI) and BP p.l.c.

18:00 24.01.2013

Ingosstrakh minority shareholders secure board nominations

The Moscow Ninth Commercial Court of Appeals has ruled to include representatives of PPF Investments, Ingosstrakh’s minority shareholders holding a 38.5 percent stake in the company, on the list of nominees for the company’s board.

11:01 30.11.2012

Navalny's claim for priviledged Rosneft information remanded to lower court

The Moscow District Federal Commercial Court has submitted for reconsideration to the Moscow Commercial Court Rosneft's lawsuit to cancel the Federal Service for Financial Markets' ruling, obligating the company to provide the protocols of its board meetings to minority shareholder, opposition leader Alexei Navalny.

17:31 20.11.2012

Norilsk Nickel disputes to nullify buyback resolution

The Third Commercial Court of Appeals has registered Norilsk Nickel's appeal against the court ruling to nullify acts approved by its board of directors on stock repurchasing in September 2011.

16:43 12.11.2012

Court overrules current Ingosstrakh board

The Moscow Commercial Court invalidated the decision of Ingosstrakh's annual shareholders' meeting on the appointment of the company's board members, Ingosstrakh's statement reads.

11:03 08.11.2012

Navalny's Rosneft transparency appeal postponed until Nov. 20

For reasons unknown, the Moscow District Federal Commercial Court has adjourned the appeal hearing between renowned Russian opposition leader Alexei Navalny and oil giant Rosneft until November 20.

13:34 06.11.2012