Russia is one of few countries where domestic internet companies successfully compete with global technology conglomerates such as Google or Facebook. This makes Russian market both interesting and challenging.

BPL International Legal Advisors assisted a group of investors in the acquisition of a leading social network in Russia from its previous owners. Following the acquisition BPL assisted the new owners to restructure the ownership structure and enter into a new shareholding agreement.

The deal was governed by English law and spanned over several jurisdictions.