Philip Korotin focuses on advising international and Russian clients on a variety of cross-border and domestic M&A deals and corporate projects, including corporate restructurings and public companies’ securities transactions (advising on tender offers and squeeze-outs), and has acted for private and public companies in a wide range of business sectors.
From 2013 to 2014, in the course of Russian corporate law reform, Philip participated in drafting bills to amend Russian securities market laws and regulations.
Philip also advises on antimonopoly laws, including analyzing the need to obtain antimonopoly/competition clearances in Russia and other jurisdictions for merger transactions and representing clients before antimonopoly authorities in connection with such clearances. Philip also counsels on antimonopoly compliance issues relating to M&A transactions, including with respect to noncompete provisions, and those relating to commercial agreements (supply agreements, distribution agreements, etc.). A significant part of Philip’s antitrust practice is devoted to conducting antitrust compliance trainings for clients’ executives and key personnel.
A native Russian speaker, Philip is fluent in English and possesses basic knowledge of French and German.
Represented a leading Russian private stevedoring group in its acquisition of a strategic minority interest in a European company whose depositary receipts are traded on the London Stock Exchange and which is a major container terminal operator in Russia, Estonia, and Finland; negotiated an English law share purchase agreement and shareholders’ agreement with the remaining strategic minority shareholder, a major international company.
Advised a Russian pharmaceutical company on its sale of a minority stake to a Japanese strategic investor and entry into a shareholders’ agreement.
Advised a major European cement producer on its tender offer to minority shareholders in its majority-owned Russian cement plant in the Urals region and the subsequent successful squeeze-out of minority shareholders and corporate reorganization of its Russian business.
Advised the Belgian subsidiary of a global pharmaceutical company in the sale of a distribution business in Russia and Kazakhstan to a large Scandinavian pharmaceutical distributor.
Advised a major Japanese heavy machines manufacturer on the repurchase of a minority stake in its Russian production subsidiary from a lending bank, and the subsequent corporate reorganization of its business in Russia in the form of a merger of sales and production companies.
Advised a major Russian stevedoring group on a proposed joint venture with a multinational seaport operator.
Advised a Canadian public company in connection with the sale of its Russian pressure-pumping business to a Russian oil giant, and in connection with the sale of its Russian completion tools business to another Canadian public oil servicing company.
Advised a major media company with headquarters in the United States on the restructuring of its Russian publishing business to comply with a new Russian mass media law and on establishing a joint venture with a Russian partner.
Advised a large Finnish power company in its acquisition of a power generating company in the Urals region of Russia, and assisted with further corporate takeover of this company.
Advised a large international media company on its acquisition of the controlling interest in a local online media conglomerate comprising 20 businesses operating in seven regions of Russia, and on entering into a Russian law shareholders’ agreement with multiple individual shareholders.
Acted as counsel on Russian law to a public US company in its multijurisdictional acquisition of agricultural business, advising on transaction, corporate, and regulatory matters.
Assisted a Western bank with its sale of a Russian subsidiary bank, advising on various general corporate, securities market law, and regulatory matters.
Advised a multinational corporation with headquarters in the United States on the corporate ownership restructuring of its Russian joint venture.
Advised a multinational railcar leasing company on its first leasing deal in Russia.
Advised a multinational oil company with headquarters in the United States on the proposed sale of its interest in a 50/50 Russian joint venture.
Advised a major Russian gas and oil products processor on antitrust issues in connection with the proposed acquisition of a strategic minority stake in a Kazakhstan state-owned company that is constructing a major new oil products processing plant, and on commercial arrangements to be executed at various stages of the transaction.
Counseled a global packaging producer on Russian market dominance–related risks.
Advised a major Russian stevedoring group on Russian and EU merger control rules and FSIL issues in the acquisition of a significant minority interest in a European company with London Stock Exchange–listed global depositary receipts that owns seaport terminals in Russia and certain EU states.
Conducted a series of trainings on antitrust compliance issues for the management and key employees of Russian production subsidiaries of a major European cement and building materials producer.
Advised a global chemical producer on Russian merger control rules in the acquisition of a global producer of surface treatment products, which involved intensive work with the Russian antitrust regulator, which, among others, interacted with certain antitrust regulators in non-Russian jurisdictions in which the transaction was approved, and conducted a market test in Russia.
Advised one of Germany’s major cement manufacturers on FSIL issues and merger control rules related to the acquisition of up to 100% interest in two Russian cement manufacturers in the Sverdlovsk and Chelyabinsk regions, and competition clearances.
Advised a leading global investment manager on Russian merger control rules in connection with several transactions involving companies with significant turnover in Russia in various industries (manufacturing, media, and entertainment), and competition clearances.
Advised one of Japan's major integrated trading and investment business enterprises on Russian merger control rules in the acquisition of a worldwide fruit trading company.
Advised a leading US-based alternative investment management fund on applicable Russian merger control rules for the acquisition of a multinational LED and automotive lighting products manufacturer.
Advised a Houston-based primary distributor of petroleum in the Eastern and Midwestern United States on Russian merger control rules and FSIL issues in the acquisition of a multinational group engaged in trans-shipment of oil and oil products that has a Russian subsidiary operating in the seaport of Kaliningrad.
Advised a major Russian stevedoring group on Russian merger control rules and FSIL issues related to a proposed joint venture with a Dubai-based worldwide seaport operator to operate a seaport terminal in Russia.
Advised a publicly listed global producer of high-technology specialty chemical products on Russian merger control rules in connection with the acquisition of Russian agricultural products and solutions businesses as part of a global acquisition.
Conducted a global competition clearance review involving multiple jurisdictions for the proposed acquisition of Malaysian and Taiwanese companies by a Russian state-controlled company.
Advised a global media and entertainment company on Russian merger control rules in connection with a proposed broadcasting joint venture, including counseling on a Russian competition clearance to receive negative control rights over certain Russian companies.
Advised a global marine electronics company on Russian merger control rules and obtained clearance from the Russian competition authorities for the acquisition of a marine navigation business.
Moscow State University, Russia, 2004, Law Faculty
Moscow State Linguistic University, Russia, 2000, International Relations Department