Aircraft holding reorganization
We have been assisting one of the biggest aircraft holding company in Russia with the corporate reorganization of the corporation and its subsidiary companies.
This is a large project in which 30 lawyers from various practice areas of the firm (corporate, real estate, competition, criminal law and litigation) are involved together with several subcontractors who we manage. The companies directly involved in the reorganization employ over 20,000 people in total.
Our work involved:
- Legal due diligence of key companies of the holding company
- Reviewing over 60,000 essential agreements
- Evaluating the legal status of the real estate assets and intellectual property portfolios held by the companies
- Assessing existing business practices and appraising employment contracts with top management and executives
The reorganization will enable the holding company to be a competitive player in the aircraft manufacturing market. Industry experts estimate that merging its aviation production units will result in saving RUR50bn (USD770m) annually.