SESSION OF THE GRIMALDI ALLIANCE REAL ESTATE FOCUS GROUP

On 05/03/2024 attorneys Madina Ruzmetova and Leonid Karpov took part in the session of the GRIMALDI ALLIANCE working group on matters of the real estate practice. The online event featured reports from representatives of several Alliance member-firms from 7 states of Europe and the Middle East.

“We are grateful for the opportunity to regularly take part in the work of the GRIMALDI ALLIANCE focus groups.  Sharing expertise and experience with foreign colleague today is particularly important for the legal assistance to transactions with Russian assets of foreign-owned companies that, due to highly specific and very recent legal discipline, are extremely complex and pose substantial risks for both, Russian and foreign, parties. It also gives us a unique opportunity to explain to our colleague the novellas of Russian legislation called to mitigate the sanctions pressure of the so-called “hostile” states and, by doing so, help foreign investors to respect Russian laws” – says Leonid Karpov.