Articles by Partner



Generation M

  • 11 February 09
  • PricewaterhouseCoopers
We have recently published a second global survey into the workplace perspectives of the generation of young employees, the so-called Millennials. It reinforced many of the findings from the first survey, however, some new and particularly relevant issues given the current economic challenges, were highlighted.

Tough Cuts in a Recession

  • 04 February 09
  • Strategy Partners
As the head of a manufacturing business unit explained to me, the problem is not identifying that personnel need to be cut, because with falling orders it is clear that many people are not fully busy, but the difficulty lies in making the cuts in such a way that the business functions most effectively.

Fare Thee Well, but Not Forever... Layoffs in the Time of Troubles

The times of trouble has come to Russia. Businesses, mostly in the investment and banking sectors, will have to resort to material staff layoffs in the near future. This article is an attempt to suggest some basic strategic recommendations to employers, rather than to reiterate again the description of legal technicalities.

Foreign Investment in Russia's Strategic and Defense Sectors

  • 29 September 08
  • and Randy Bregman, Partner, Salans New York
Russia, as a sovereign state, has the right and even the duty to protect its strategic assets and safeguard its national defense and security.

Thin Cap -- Still an Issue?

  • 11 December 07
  • Salans
As most countries do, Russia protects its right to tax in a variety of ways. One of them is designed to fight erosion of the tax base of Russian entities by paying excessive amounts of interest to related parties.

Thin Cap -- Still an Issue?

  • 11 December 07
  • Salans
As most countries do, Russia protects its right to tax in a variety of ways. One of them is designed to fight erosion of the tax base of Russian entities by paying excessive amounts of interest to related parties.

The Use of Warranties in M&A Transactions

  • 25 September 07
  • Salans
Other than a general warranty of quality that is implied into contracts for the sale of goods, the concepts of ""representation"" and ""warranty"" have no distinct legal meaning under the law.

M&A Transactions Resulting in Acquisition of Control: Antimonopoly Aspects

  • 25 September 07
  • Gide Loyrette Nouel
When structuring an M&A deal taking place either in or outside of Russia (where some Russian elements on the side of the seller are present), it is important to check whether there exists any grounds for notification to the Federal Anti-Monopoly Service, or FAS.

Industrial Real Estate Construction: Legislation Update

In recent years Russia has witnessed steady investment growth -- especially foreign investment -- in industrial real estate construction.

Merger Control in Russia

  • 13 March 07
  • Special for The Moscow Times
The key criterion for the consent of the FAS to a transaction or any other action subject to control is their impact on competition.

Russian Depositary Receipts

  • 13 March 07
  • Special for The Moscow Times
Federal Law dated 30 December 2006 No. 282-FZ On Amending the Federal Law On the Securities Market (the ""Law""), introducing Russian depositary receipts (""RDRs""), came into force in January 2007.

Enforcing International Arbitration Awards in Russia

  • 13 March 07
  • Special for The Moscow Times
Foreign arbitration awards are recognized and enforced in Russia by virtue of international treaties to which Russia is an assignee or according to the principle of reciprocity.