Chadbourne Represented Shareholders of AnviLab in the Sale to Protek Group

Chadbourne & Parke represented the shareholders of ООО AnviLab in the sale of 100% of the company to Protek Group for $60 million.

AnviLab owns the rights for such pharmaceutical brands as Antigrippin-Maximum, Gepaguard, Influnet and is the legal owner of the ANVI Laboratory brand. The assets acquired under the transaction will pass into management of Protek Group whose key company in the production segment is CJSC Farmfirma Sotex.

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Tags:  Moscow

Jones Day – Alfa Group Sells Its Interest in CTC Media

Jones Day represented Alfa CTC Holdings in connection with the $1.1 billion sale of its 25.1% beneficial interest in CTC Media, Inc. (CTC) to Telcrest Investments Limited. CTC, a NASDAQ-listed company (NASDAQ: CTCM), is Russia’s leading independent television broadcaster. Telcrest is a newly formed company owned by Mediaset LLC, National Media Group JSC, Abit Holdings Limited, OJSC Surgutneftegaz, and Itera Media Limited. Alfa agreed to the sale after MTG Russia, the largest shareholder of CTC, waived its rights under a right of first offer provision in the stockholders agreement among Alfa CTC, CTC, and MTG Russia.

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King & Spalding Receives Russian Approval to Open Moscow Office

King & Spalding, a leading international law firm, announced today that it has opened an office in Moscow after having received the necessary government registration from the State Registration Chamber. The office will work closely with the firm’s transactional and international arbitration practices in Europe. Complementing a broad-based transactional practice, the Moscow office offers particular expertise in the energy and natural resources, real estate, life sciences, financial services, automotive and telecommunications/ media/ technology industries. This is King & Spalding’s 17th office worldwide.

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Dechert Advises Delightful Hill on Chinese Acquisition in Russian Coal Sector

Lawyers from international law firm Dechert LLP’s Moscow office advised Delightful Hill, part of China’s Winsway Group Holdings Ltd, on its entry into an agreement for the US$90 million acquisition of a 60% stake in Divalane Holdings Ltd, a Cyprus holding company that owns Russian coal company LLC Arkticheskie Razrabotki with operations in the Apsat deposit in Chita Oblast, Eastern Siberia. The Apsat deposit has coal resources estimated at over 2.2 billion tons. The deal, which is subject to approval by Russian antimonopoly authorities, would represent one of the first major Chinese acquisitions in the Russian coal sector.

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King & Spalding Continues Global Expansion with Announcement of Moscow Office

The international law firm King & Spalding today announced the establishment of a major presence in Moscow with its initial hiring of five lawyers from Hogan Lovells and White & Case. The Moscow office will be King & Spalding’s 17th worldwide and will work closely with the firm’s extensive transactions practices in London, the historic legal centre for transactions originating in Russia, as well as its highly regarded international arbitration practice in Paris, an important venue for Russian disputes. Opening in Moscow, which will occur following receipt of government registration, has also been a widely anticipated next step in the expansion of King & Spalding’s top-ranked international energy practice, and the office will have close ties to the firm’s existing operations in the global energy centres of Abu Dhabi, Dubai, Riyadh, Singapore, Houston, London and New York.

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Tags:  King & Spalding LLP | Moscow