Conyers Dill & Pearman advises on sale of VK.com interest to United Capital Partners
Conyers Dill & Pearman has advised companies controlled by Viatcheslav Mirilashvili and Lev Leviev on the sale of an indirect 48 per cent interest in VK.com (also known as VKontakte), Russia’s largest social network, to United Capital Partners, a Russian-focused investment group.
The transaction is the second notable Russian sale that the law firm has advised on in the past month, having also advised the AAR Consortium on the $55bn (£36bn) sale of the TNK-BP Group to Rosneft.
The Conyers Dill & Pearman team, which worked alongside Skadden on the transaction, was made up of Anton Goldstein and Patrick Ormond.
News from Conyers Dill & Pearman
Briefings from Conyers Dill & Pearman
Cayman Islands Law Update: the Exempted Limited Partnership Bill and the Contracts (Rights of Third Parties) Bill
Following extensive consultation in both the public and private sectors, the Exempted Limited Partnership Bill 2014 was gazetted on 21 February 2014.
The court looked at the issue of whether a stranger to a trust, who dishonestly assists in a breach of trust, is a ‘trustee’ within the meaning of s21(1)(a) of the UK Limitation Act 1980.