On 26/10/2022 the joint team of attorneys of the LUPICINIO International Law Firm (LILF) and LINNIKOV & PARTNERS won the case against the Council of the European Union, successfully challenging personal sanctions imposed by the EU on a former high-ranking state official of the Russian Federation. The LILF and L&P client is now excluded from the sanctions lists, which means that he is no longer subject to the EU restrictive measures.
On 24/10/2022 the judgement on the widely publicized case for recovery of damages from ex-shareholders and top-mangers of PJSC Promsvyiazbank (PSB) finally entered into legal force. Appeals Panel of the 9th Arbitration Court of Appeals has upheld the conclusions of the court of first instance and reasoning of the defendants’ attorneys, stating that the conduct of members of the Executive Board of PSB in course of approval of redemption of bonds did not deviate from proper standards of good faith and due caution, the transaction was beneficial for the bank and did not cause any damages whatsoever.
On 20/10/2022 Alexander Linnikov addressed the audience of the news if economy program on RUSSIA-24 with his comments on the plans for creation in Turkey of the so-called “gas hub” — an all-European logistical, trading and clearing centre that would assure security and stability of supply of Russian gas to Europe and help satisfy the need of economies of the EU member-states for fuel.
On 12-14/10/2022 founder of L&P and Chairman of the Board of Directors of RUSENERGOSBYT Alexander Linnikov and Director General of RUSENERGOSBYT, LLC Mikhail Andronov took part in the international forum RUSSIAN ENERGY WEEK.