Publications

The “Expert” magazine published an author's column by Managing Partner of PB Legal | Panin, Bayramkulov & Partners Alexander Panin, dedicated to the most important aspects of the recently introduced moratorium on bankruptcy.
Since April 1, 2022 the moratorium on bankruptcy was introduced in the Russian Federation.

The “Expert” magazine published an author's column by Managing Partner of PB Legal | Panin, Bayramkulov & Partners Alexander Panin, dedicated to the most important aspects of the recently introduced moratorium on bankruptcy.

Since April 1, 2022 the moratorium on bankruptcy was introduced in the Russian Federation. Its most important aspect is the prohibition of creditors from filing bankruptcy claims against the debtor during the period of the moratorium.

Alexander reveals the legal specifics of the moratorium, assesses its risks and benefits for the Russian economy, and points out its differences from the moratorium introduced in connection with the coronavirus restrictions in 2020.

Read more.

The PB Legal | Panin, Bayramkulov & Partners team prepared an overview of the draft law "On External Administration for the Management of an Organization" submitted to the State Duma. This draft law allows the introduction of external administration in relation to foreign companies leaving Russia.

The PB Legal | Panin, Bayramkulov & Partners team prepared an overview of the draft law "On External Administration for the Management of an Organization" submitted to the State Duma. This draft law allows the introduction of external administration in relation to foreign companies leaving Russia. Interdepartmental commission, formed by the Ministry of Economic Development, is given a key role in the introduction of external administration concerning a company and defining the developmental strategy of such company.

Link to the review.

The PB Legal's team provides support for corporate and contract projects in English law and helps its clients adapt to the new sanctions.

For more information, see the link

The PB Legal’s team prepared an overview of the new procedure for making certain transactions and operations in connection with economic restrictions.
This procedure requires obtaining permission for a transaction or operation from a special Government Commission.

The PB Legal’s team prepared an overview of the new procedure for making certain transactions and operations in connection with economic restrictions.

This procedure requires obtaining permission for a transaction or operation from a special Government Commission. The review explains which actions require a permit and which are exceptions to the permissive procedure, as well as the procedure for obtaining such permits.

The review is available at the link.

We are happy to share the great news with you!
"Kommersant published a list of the leaders of the legal services market, and the team PB Legal | Panin, Bayramkulov & Partners was included in it.
"Kommersant" presented its annual research of the best legal practices in Russia.

We are happy to share the great news with you!

"Kommersant published a list of the leaders of the legal services market, and the team PB Legal | Panin, Bayramkulov & Partners was included in it.

"Kommersant" presented its annual research of the best legal practices in Russia. PB Legal was singled out in five categories:

  • Arbitration: Commercial Dispute Resolution: High-End - Group 2.
  • Arbitration: Corporate Disputes Resolution: High-End - Group 1.
  • Corporate Law: Mergers and Acquisitions of Russian Assets: High-End - Group 2.
  • International Litigation.
  • Resolution of Key Disputes in the Banking, Investment and Insurance Industries - Group 2.

In addition, "Kommersant" published individual rating of the best lawyers, which also included a team of PB Legal:

  • Alan Bayramkulov (PB Legal’s Partner) was awarded in the "International Dispute Resolution" category
  • Nikolay Stroev (PB Legal’s Counsel) was awarded in the "International Commercial Arbitration" category.

You can read more about the rating at the links: here and here.

You can read more about the list of the best lawyers here.

On March 10, 2022, the Seventh Arbitration Court of Appeal issued a ruling to uphold the decision of the court of first instance to exclude A.N. Kudryashov and A.A. Frantsuzov, the majority shareholders of Angioline.

On March 10, 2022, the Seventh Arbitration Court of Appeal issued a ruling to uphold the decision of the court of first instance to exclude A.N. Kudryashov and A.A. Frantsuzov, the majority shareholders of Angioline. The PB Legal team achieved passing this ruling on March 2, 2022, as we wrote about earlier (PB Legal: Panin, Bayramkulov & Partners).

Read the full text of the judgment of the appealate court in case № A45-14985/2020 here.

The opinion of Sergei Kim, a lawyer of PB Legal, was noted in an article by Vedomosti on the inheritance of digital assets.On February 28, 2022, Vedomosti published an article entitled «How to bequeath virtual property». The article is noteworthy because it touches on the hot topic of digital asset inheritance.

The opinion of Sergei Kim, a lawyer of PB Legal, was noted in an article by Vedomosti on the inheritance of digital assets.

On February 28, 2022, Vedomosti published an article entitled «How to bequeath virtual property». The article is noteworthy because it touches on the hot topic of digital asset inheritance. Oxford University estimates that Facebook alone will have 4.9 billion accounts of deceased users by the end of the century.

For more information about the article and Sergey Kim's comment, follow the link.

The PB Legal team succeeded in the court of appeals in upholding the decision to exclude A.N. Kudryashov and A.A. Frantsuzov, majority shareholders of Angioline, holding a total block of shares in the amount of 75%.
Winning the appeal is a development of our success in the court of first instance.

The PB Legal team succeeded in the court of appeals in upholding the decision to exclude A.N. Kudryashov and A.A. Frantsuzov, majority shareholders of Angioline, holding a total block of shares in the amount of 75%.

Winning the appeal is a development of our success in the court of first instance. We told you more about the Novosibirsk Oblast Arbitration Court's decision earlier.

We are currently awaiting the publication of the ruling of the Seventh Arbitration Court of Appeal on case № A45-14985/2020 in full.

Alan Bayramkulov, Irina Martvel, Nadezhda Simakova, Sergey Kim and Ilya Kozhinov worked on the project.

The PB Legal | Panin, Bayramkulov & Partners team succeeded in overturning the judicial acts in the cassation court on the case for recovery of damages from the former managers of the fund.

The PB Legal | Panin, Bayramkulov & Partners team succeeded in overturning the judicial acts in the cassation court on the case for recovery of damages from the former managers of the fund.

On February 1, 2022, the Arbitration Court of the West Siberian District issued a ruling in case № A81-1645/2021, which reversed decisions of the courts of first and appellate instances and sent the case for a new hearing. PB Legal’s lawyers managed to prove that the lower courts ignored the essence of the dispute and incorrectly applied legal norms, including the statute of limitations.

Our client is a state fund established to finance housing construction in the YNAO and assist citizens in improving their living conditions. The former management of the fund had overpaid for several years under contracts in favour of developers affiliated with the fund's executives, resulting in several hundred million rubles worth of damage to the client. PB Legal’s team convinced the court of cassation that the inferior courts didn't pay due attention to circumstances of bad faith and unreasonable actions of fund's management as well as the affiliation of successive directors.

The satisfaction of the claims when the case is reviewed by the court of the first instance will allow the fund to return the funds illegally transferred by the former management and restore the interests of citizens waiting to move into new housing.

Alan Bairamkulov, Nikolai Stroev and Ilya Kozhinov are working on the project.

The PB Legal | Panin, Bayramkulov & Partners team achieved in the court of cassation cancellation of judicial acts on the claim of an affiliate to the bankrupt.

The PB Legal | Panin, Bayramkulov & Partners team achieved in the court of cassation cancellation of judicial acts on the claim of an affiliate to the bankrupt.

On January 27, 2022, the Arbitration Court of the Urals District issued a ruling in case № A76-17068/2020, which overturned the acts of the courts of the first and appellate instances and sent the case for a new hearing. PB Legal's lawyers managed to prove that the lower courts had committed gross violations of procedural and substantive law, had not thoroughly analyzed the circumstances of the case and had not taken into account the arguments essential to the case.

PB Legal's client is a creditor company in the bankruptcy case of a manufacturing company. A minority shareholder of a debtor's subsidiary filed a lawsuit seeking to invalidate a transaction between the debtor and its subsidiary. The court of the first instance allowed the claim in full, and, based on that. The subsidiary claimed more than RUB 700 mln in bankruptcy proceedings against the manufacturing company. The client, as a creditor of the debtor, filed an appeal against the decision of the court of the first instance, but the court of appeals upheld the decision.

PB Legal’s lawyers drew the cassation court's attention to the fact that the plaintiff was affiliated with the debtor. The claim was aimed at joining the bankruptcy case of a creditor friendly to the debtor. In addition, our attorneys were able to convince the appellate court that the plaintiff had no right to contest the transaction and that the statute of limitations had been missed on several grounds at once. As a result, the court agreed with our arguments and sent the case for reconsideration.

Alan Bairamkulov, Nikolai Stroev, Ilya Kozhinov, and Sergey Kim worked on the project.