Egorov Puginsky Afanasiev & Partners Presents at XII Russian Bond Congress, Dec-04-2014 11:30 AM
Dec 1 14
Egorov Puginsky Afanasiev & Partners Presents at XII Russian Bond Congress, Dec-04-2014 11:30 AM. Venue: Holiday Inn Moskovskye Vorota, Saint-Petersburg, Russia. Speakers: Dmitry Glazunov, Partner.
Egorov Puginsky Afanasiev & Partners Appoints Olga Mischenko as Head of Construction and PPP Practice in St Petersburg Office
Nov 13 14
Egorov Puginsky Afanasiev & Partners has appointed Olga Mischenko as head of the construction and PPP practice in the St Petersburg office. Mischenko was previously a senior associate at DLA Piper.
CTC Media, Inc. Appoints Morgan, Lewis & Bockius LLP and Egorov Puginsky Afanasiev & Partners as Legal Advisers and Habif, Arogeti & Wynne as Tax Advisers
Oct 30 14
CTC Media Inc. has appointed two international firms and a Russian firm to provide legal and tax consulting services as the company's advisers. The international law firm Morgan, Lewis & Bockius LLP and the Russian law firm Egorov Puginsky Afanasiev & Partners have been engaged as legal advisers. The American consultancy firm Habif, Arogeti & Wynne has been engaged as tax advisers. These firms will advise the company regarding potential responses to the recent amendments to the Russian law 'On Mass Media,' which will impose further restrictions on foreign ownership of media businesses in Russia. These advisers will assist the Board of Directors and management in considering potential alternatives, including corporate restructuring, franchising and licensing structures, capital reorganization or divestment. he amendments reduce the permitted level of aggregate foreign ownership of Russian mass media from 50% direct ownership to 20% direct or indirect ownership or control. The legislation applies to both existing and future foreign ownership, and will come into force on January 1, 2016. The amended law will affect CTC Media itself, as a Delaware corporation that directly or indirectly owns 100% of the shares of a series of Russian legal entities that operate primarily broadcast media entertainment businesses in Russia and the CIS, and then the non-Russian stockholders of the US holding company. Russian beneficial owners holding through off-shore holding structures will have until January 1, 2017 to comply with the law.