Day: 15.05.2015

Maxim Kulkov has commented on the attachment of Mechel Service Global (MSG) shares. According to the company’s financial statement for 2014, on 30 March a court in the Hague attached 100% of the Dutch company Mechel Service Global’s (Mechel’s major trader) shares in favour of VTB. ‘It’s probably the case that VTB filed a request […]

Oleg Kolotilov, a partner at KK&P, has commented on the situation in the Russian financial sector. According to him, since EU sanctions bar the issuance of long-term credit to certain Russian companies, loan officers at banks have found that some of their work is now tantamount to committing a crime. He also confirmed the general […]