Salans Acts on Major Russian Private Equity Transaction

Salans has represented the founders of Novomet, one of Russia’s largest electrical submersible pump manufacturers, in the sale of shares to a syndicate of three investors, namely, Baring Vostok Capital Partners, Russia Partners (both leading private equity sponsors investing in the CIS) and RUSNANO (Russian Corporation of Nanotechnologies).

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Tags:  Dentons | Moscow

Akin Gump Boosts Real Estate Practice in Moscow With Partner Hire

Akin Gump Strauss Hauer & Feld LLP is pleased to announce today that Vlad Sourkov has joined the firm as a partner and head of the firm’s Russian real estate practice. He joins the firm from CMS Russia where he was head of the firm’s real estate practice in Russia. Other members of his team are expected to join Akin Gump in Moscow in the coming weeks.

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Tags:  Akin Gump Strauss Hauer & Feld LLP | Moscow

Dechert Advises Hyatt International on Agreements for Two Hotels in Russia

International law firm Dechert LLP advised Hyatt International (Europe Africa Middle East) LLC, an affiliate of Hyatt Hotels Corporation, on management agreements entered into with OJSC Nash Dom-Primorye for two new Hyatt hotels in Russia: Hyatt Regency Vladivostok, Golden Horn and Hyatt Vladivostok, Burny, which will be the third and fourth Hyatt-branded hotels in Russia.  The hotels are under construction and expected to open in advance of the Asia-Pacific Economic Cooperation (APEC) Summit in the fall 2012.

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Tags:  Dechert LLP | Moscow