ALRUD team managed to save the business of an international manufacturing company
March, 2023 - Moscow, Russia
ALRUD specialists provided comprehensive support in all aspects of sanctions compliance for the Russian division of a major international welding materials and tools manufacturing company. ALRUD developed and implemented effective solutions to preserve the client's business in Russia under sanctions pressure, in particular: structured large-scale HR solutions for production employees and office staff, represented the client in communications with state authorities and counterparties, conducted claims work on commercial contracts and provided legal assistance on corporate issues, including the possibility of dividend distribution.
Thanks to ALRUD's comprehensive support, the client was able to retain its business and minimise its risks under the current sanctions regime.
Leading Partner - Irina Anyukhina, Head of Labour Practice. The project was run by Margarita Egiazarova, Senior Associate, PhD. The ALRUD team included Dmitry Kuptsov, Dispute Resolution Partner, Sergey Khanaev, Corporate and M&A Practice Partner, and lawyers from the Labour Law, Dispute Resolution, Tax, Corporate, Commercial law, Crisis Management, Economic sanctions and Compliance practices.
