Baker & McKenzie Advises Amsted Rail on Joint Venture with United Wagon Company

The joint venture will introduce the latest technology in heavy haul railway components into the freight railroading market in Russia, the CIS and certain other countries. Under the deal, UWC will receive intellectual property rights to Amsted Rail’s 18-9836 bogie system specifically designed for railcars operating on 1,520 mm gauge track. 

Baker & McKenzie advised Amsted Rail on all aspects of the transaction. “The transaction was challenging since it had a very tight timeframe and at the same time involved complex legal issues under Russian, Ukrainian, US and English law,” said Margarita Divina, the Moscow partner who co-led the team on the deal. 

Baker & McKenzie’s multi-disciplinary team included lawyers from the intellectual property, corporate and M&A, antitrust and tax practice groups in the Moscow, Kyiv, Washington, DC and London offices. The team was led by Margarita Divina, Alexey Trusov (Moscow) and Richard Dean (Washington, DC) and included partners Michelle Blunt (London), Arseny Seidov (Moscow), associates Sergey Krokhalev, Konstantin Khromenkov, Robert Gray, Nadia Goreslavskaya, Olga Morozova (Moscow) and Jonathan Nelms (Washington, DC). 

Founded in 1949, Baker & McKenzie advises many of the world’s most dynamic and successful business organizations through more than 4,100 locally qualified lawyers and 6,000 professional staff in 74 offices in 46 countries. The Firm is known for its global perspective, deep understanding of the local language and culture of business, uncompromising commitment to excellence, and world-class fluency in its client service. Global revenues for the fiscal year ended 30 June 2013 were USD2.419 billion. Eduardo Leite is chairman of the Executive Committee. (www.bakermckenzie.com)