Investors’ interest in the projects of the Renewable Energy Sources (RES) sector has significantly grown over the last years. In order to execute the project, the investor generally acquires 100 percent of equity shares in the project company (special purpose vehicle company – SPV). In addition to the Legal Due Diligence held to verify the rights of such company for the project, a number of permits and authorizations must be obtained prior to start of works. However, it is often left out of the consideration that an official authorization must be issued by the antimonopoly authority of the Republic of Kazakhstan (RoK) for the very acquisition of equity shares in the project company. The following article highlights and describes the matters for the need to obtain such approval in accordance with the Antimonopoly Legislation of the Republic of Kazakhstan and its impact on the validity of acquisition of equity shares in the project company.
read more...On November 19, 2020, Narxoz Law and Public Policy, along with its partners Ernst & Young and Lincoln Conferences, organized the second annual international conference on transnational business law - ‘ERASING BORDERS’.
Dr. Stanislav Buyanskiy, the then Dean of Narxoz Law and Public Policy and now Acting-Rector of the Narxoz University, was the main pioneer of the Narxoz Law conference series. He envisioned creating an international forum for legal and business practitioners and academicians to come together to deliberate the contemporary trends in transnational business laws in a quest to create better transparency, productivity and awareness between countries.
read more...Most of this calendar year, for Haileybury Astana teachers and pupils it has consisted of distance learning and daily meetings via Zoom. Nevertheless, remote education has strengthened our spirit and filled us with determination to make this academic year as productive, fun and engaging as it could be.
To mark the end of the year, we are taking a trip down memory lane. Here is a look back at the best moments in 2020. Enjoy!
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