Services / DISPUTES FROM NATIONALIZATION

DISPUTES FROM NATIONALIZATION

NSP’s litigation, corporate and tax lawyers help clients to assess the risks of loss of business and assets by identifying expropriation risks in Russia and structuring proactive defenses against state and prosecutorial actions.

We are closely monitoring the situation and analyzing nationalization cases. You can find the latest news and current events on the dedicated NSP's channel.

Main areas of specialization:

Support in disputes with the Prosecutor General’s Office
Conducting legal Due Diligence on the following grounds:
corruption cases
violation during privatization
extremist activity
foreign ownership of strategic businesses
risks of seizure of media and IT assets

Key Contacts

Facts and figures:

100+
nationalisation cases handled since 2022
2x
increase in corruption-based cases after the Russian Constitutional Court lifted the statute of limitations for this category
2 months
average duration of court proceedings

Cases

NSP lawyers supported and defended the interests of owners in several precedent-setting asset seizure cases:

  • two cases of seizure of the Makfa holding company and income from its activities under anti-corruption legislation;

 

  • the case of seizure of the Lesta IT holding company under the legislation on combating the extremism;

 

  • the case of seizure of the Edge IT holding company under the legislation on combating the extremism.

NSP lawyers advised a number of potential defendants and bona fide purchasers on illegal privatization claims: