The market in new buildings has gone into a period of stagnation. The new conditions are far from ideal, and federal and regional officials are complicating the already difficult situation in respect of new construction.

Evgeniy Druzhinin, Head of Maxima Legal’s Real Estate and Construction Department, commented on the situation that has developed with the insurance of the responsibility of building contractors in the field of shared construction.

http://nsp.ru/nums/30115.html

The Nevskaya Concessional Company was obliged to seek legal redress from the St. Petersburg Administration for the abrogation of the concessional agreement regarding the construction of the Orlovsky tunnel. Smolny attempted to reverse the decision of the Arbitration Court, but unsuccessfully.

Evgeniy Druzhinin, Head of Maxima Legal’s Real Estate and Construction Department, considers that there is no guarantee that the decision of the Arbitration Court will be carried out in this case.

http://www.vedomosti.ru/realty/articles/2015/11/18/617428-viplatit-orlovskii-tonnel

Delovoy Peterburg published a review of a working breakfast held at the ‘Benua 1890’ creative space. The event was attended by representatives of art spaces in the city, investors, developers and others.

Maxima Legal was a partner in the Benua Breakfast and Evgeny Druzhinin was one of the moderators of the discussion.

http://www.dp.ru/a/2015/11/16/Budushhee_art-klasterov_obs/

As part of International Urban Week a round-table discussion on ‘The Interaction of the City Administration, Local Authorities and Business for the Purpose of the Realization of Investment Projects to Improve the Urban Environment’ was held in St. Petersburg. The participants – representatives of the authorities and business – discussed matters of common interest.

Evgeniy Druzhinin, Head of Maxima Legal’s Real Estate and Construction Department, shared his opinion on the matter with the participants.

http://www.kommersant.ru/doc/2854925

On 12 November the public prosecutor’s action to recognize the transaction to privatize the site of the Lesnoye Breeding Plant was fully satisfied by the St. Petersburg and Leningrad Region Arbitration Court. The breeding plant is owned by Zakhar Smushkin’s ‘Start Development’.

In the opinion of Evgeniy Druzhinin, Head of Maxima Legal’s Real Estate and Construction Department, the contract is likely to be totally abrogated, following which the territory may be re-privatized.

http://www.vedomosti.ru/realty/articles/2015/11/13/616737-start-development