On March 23rd, Natalia Demina, lawyer of the Maxima Legal, has participated in a business briefing “Import Substitution on the Food market: Reality and Forecast”, organized by the independent business club "Meeting" with the support of the Russian-British Chamber of Commerce. Discussion on the import substitution policy in the country has brought together the experts and the industry participants.

Natalia was talking about the changes in legislation in this field under the sanctions, citing the existing restrictions (bans) on participation of the foreign manufacturers of certain categories of the goods in the government procurement, and the various state programs, and so on. Natalia just elaborated on the theme of food import substitution, drawing the attention of the guests to the fact that up until now none of the regulations did not provide for the liability for sale of the sanctions products, as well as not did not establish a ban for their sale in the country (there is a ban on imports).

Summing up, Natalia noted that often the effectiveness of thestate mechanisms in the framework of import substitution policies, raises doubts in many, in this sense the care about our economy shall become daily and concrete.

Maxima Legal team led by the Partner and Head of the Group of international projects, Vladimir Kilinkarov, accompanies the acquisition of the hotel and the land lot for construction in the coastal zone of Crete island, Greece. We are working on this project with the help of our partners from Athens (Corporate Deals) and Cyprus (Stelios Americanos & Co).

At the moment, the investors (mostly the Russians, the Chinese and the British) are showing an increasing interest in the Greek assets, the value of which has declined markedly in recent years. “Nowadays there are quite a lot of offers, especially on the part of the Greek banks, the prices are falling, and the flow of tourists to the resorts such as Crete increases. Therefore this transaction is not an isolated case, the number of such transactions shall only grow”, - said Vladimir Kilinkarov.

On February 18th, in W hotel, Maxima Legal Law Firm has held another seminar on the inheritance planning, this time - for the private clients of “Alfa-Bank". Natalia Demina, Head of the Private Wealth Practice, has moderated the event. Elena Antonova, Notary, a partner of the company in this practice, has spoken about the pros and cons of the hereditary succession and the testate succession, about the objectives and instruments of the inheritance planning. Natalia Demina has confirmed the relevance and ambiguity of the issues raised by the notary, while drawing the attention of the audience to the possible unpleasant consequences of a lack of planning under the complications of the hereditary case with “a foreign element”: for example, under location of the real estate abroad, under the presence of dual citizenship, etc. Natalia also drew the attention of the audience to the complexity of a business inheritance.

On 29 January Evgeniy Druzhinin, Head of Maxima Legal’s Real Estate and Construction Department, took part in the Christmas summit meeting of the Guild of Managers and Developers in Krasnodar. Market professionals met to discuss the results of 2015 and plans for the future, as well as to exchange opinions.

At the opening session of the summit Evgeniy gave a report entitled ‘The Market in 2015: Results in Facts, Figures and Trends’. He spoke about concessional agreements and agreements concerning state-private partnerships as an instrument for investment in real estate. One of the topical subjects discussed at the Christmas summit was the use of the state-private partnership model for building objects of social infrastructure as part of projects involving major land development.

http://www.gud-estate.ru/ver_info/1414

On 27 December eleven pupils of the Novolisinskaya boarding school went to a New Year concert at the St. Petersburg Philharmonia featuring the cartoon ‘The Snowman’. The Philharmonic Academic Symphony Orchestra played Christmas music by Tchaikovsky and Rimsky-Korsakov.

Maxima Legal would like to thank the St. Petersburg Philharmonia for its support in the organization of this New Year outing for children from the ‘Faith and Hope’ charity and the ‘Interservice’ transport company for providing a coach for the children.

We hope to see you again!