Legelata Law Firm

Legelata's team participates in complex lawsuits in the field of intellectual property, which are of an international nature and are estimated as multimillion-dollar disputes.

The trademarks "Moskovskaya" and "Stolichnaya" have been the property of the state since the Soviet Union. However, during the collapse of the USSR, the rights to these trademarks disappeared and became the property of a foreign private company. Later, the situation recovered in the Russian Federation and other countries (the Netherlands, Georgia, etc.), where brands are currently owned by a Russian state-owned company.

The dispute between the Russian state and foreign companies is still ongoing in a number of other countries, including Armenia. Our team of lawyers headed by Gor Margaryan and Angela Abrahamyan is currently engaged in proving the existing historical and legal facts in the courts of Armenia.

https://www.legelata.am/articles/intellectual-property/ip-protection

Legelat's team has guaranteed the procedure of proper protection of the world-famous brand (FT) of Financial Times in Armenia. The company managed to reject an application for a local trademark confusingly similar to the world-famous trademark of Financial Times LLC.

The "FT" trademark is not registered in Armenia. Nevertheless, Financial Times is one of the leading companies in the world of business information. publishes the world-famous newspaper Financial Times  (since the 1800s) and operates a website www.ft.com with several thousand users in Armenia.

Our experts were able to substantiate that an application for a trademark in Armenia similar to the well-known trademark "FT" and requested by a local Armenian company working in the financial sector would first create confusion and then put the local company in unreasonable superiority. the position is due to the popularity of the "FT" brand. 

https://www.legelata.am/articles/intellectual-property/case

A multi-million dollar credit facility has been extended to local-producer by the legal support of Legelata.

Trafigura Pte. Ltd. is a Singaporean-domiciled multinational commodity trading company. Legelata provided a navigation within the regulatory framework to make sure that the transaction documents provide the relevant safeguards for the risks of the project. Banking and Finance transactions are of a common practice for Legelata, whereas the transaction with Trafigura stood out with involvement of different jurisdictions and set of rules regulating the parties’ relations.

Gor Margaryan – Managing Partner of Legelata, and Alla Hakhnazaryan – Partner, were involved in negotiations and closing of the transaction.

https://www.legelata.am/articles/banking-and-finance/legelata-advises-trafigura-pte-ltd-on-a-multimillion-dollar-forward-transaction

Legelata successfully represented the interests of the Armenian branch of a retail company operating in Saudi Arabia in the Administrative Court of the Republic of Armenia, where the tax act of the tax authorities was appealed on the basis of legal uncertainty of the legislation.

Legelata's client was fined for violating the RA Law "On Value Added Tax", and the reduction of the client's price was qualified by the tax authorities as a "discount", which entails certain procedures and consequences.
The legal team was able to achieve a positive result, and the legal uncertainty was interpreted in favor of the client. At the same time, the actions of the tax authorities carried out in violation of the deadlines established by law were qualified as illegal interference in the client's activities.

This positive outcome of the case sets a precedent for retail companies and creates legal certainty for new investments in Armenia.

https://www.legelata.am/articles/corporate-and-tax/legelata-supported-an-armenian-subsidiary-of-a-company-operating-in-saudi-arabia-in-the-appeal-of-the-tax-act-in-the-amount-of-more-than-500000-usd

Interactive Corp owns more than 100 media and Internet brands worldwide.

Thanks to the legal assistance provided by Legelata, Interactive Corp avoided the risks of further challenging the acquisition transaction and successfully acquired the pixomatic application. During the execution, all the risks that could arise during the acquisition of the application, mainly related to the transfer of intellectual property rights to trademarks and domain names, were duly studied.

The corresponding study showed that if the parties agree on the sale/purchase of the application, there will be a risk of vertical concentration.

Thus, the acquisition was previously agreed and approved by the Antimonopoly Committee of the Republic of Armenia.

Legelata's Managing Partner Gor Margaryan and Alla Akhnazaryan were involved in the negotiation process, due diligence and completion of the transaction.

https://www.legelata.am/articles/intellectual-property/legelata-advises-interactive-corp-in-acquisition-of-pixomatic-application

Legelata advised the UAE Binance on the possibility of attracting Armenian users in Armenia and trade.  

Binance is one of the leading crypto players in the UAE with a platform available worldwide. It provides a wide range of services (loans, fiat trading, crypto-crypto trading, etc.) and uses BUST, YUST and more. Cryptocurrency transactions in Armenia are not regulated yet, although this is already widespread. The proposed legal norms have not yet passed through Parliament, and the regulatory body, the Central Bank, has also not clearly announced its existence. However, recent events (including the concept of cryptocurrency in some legal acts) show that there are intentions to regulate this sector.

The Legelata's team led by partner Alla Akhnazaryan helped Binance UAE to plan its activities in such a way that it complies with the current legislation of Armenia and has no problems in the future. This opens up new opportunities for the development of technology companies and new business sectors.

https://www.legelata.am/articles/banking-and-finance/binance