Following the decrease in Russian financial and banking sector development, the demand from Russian banks and other financial institutions for asset search and bad debt recovery services is on the rise. The key factors are cost efficiency and adequate speed of search and applying ‘freezing injunctions’ on the assets for avoidance of their further dissipation.
Russian inadvertent response to sanctions from the West became not only famous for ‘import substitution policies’ but also boosted development of trade with territories and countries other than the EU and the United States. The Islamic Republic of Iran, alongside with BRICS and other associations, is the next cooperation opportunity for Russian businesses. This, in turn, is developing demand for businesses to understand the Russian legal system and process of incorporation of businesses and setting up their operations there.
Following the huge demand for media content compliance services from Western TV broadcasters in Russia in the last few years, we are now seeing a new development in the area: A growing amount of web-based platforms, somewhere between being ‘just a website’ and ‘a mass media’ in the eyes of Russian law, are requesting content compliance monitoring and legal advice regarding their relationships with customers, partners, advertisers and especially licensing authorities and regulators such as RosComNadzor and others.
For over 20 years, we have operated as a boutique law firm providing bespoke Russian law legal advice to our clients in the international legal services market.
When MGAP was founded, back in 2001, it had only one aim regarding its strategy description: to work with international clients and law firms in order to achieve the highest possible level of expertise to bridge the different legal worlds.
We have since been recognized as succeeding in this task thanks to prestigious international rankings such as the Legal 500 (EMEA) and Chambers and Partners (Europe). Back at the start of its business, MGAP became the first Russian member of the Law Society of England and Wales International Division.
A key element of our work is legal support for international projects. For foreign companies, MGAP helps ensure their operations in Russia are secure, safe and transparent and the same for Russian companies trading in foreign markets; taking into account the different legal regulations for business in other countries.
We have a solid team of highly qualified lawyers with significant experience in providing legal advice on various dispute resolution, litigation and arbitration matters as well as corporate, commercial and TMT matters.
We are currently represented in Moscow, London, Nicosia and Tbilisi, with associate offices in Warsaw and Berlin.
