Tag Archives: Liggat-Ducat

RBC: Lidings has advised JTI on privatization of a land plot under the Liggett-Ducat factory in Moscow

Lidings, a law firm dedicated to providing legal support to foreign business in Russia, advised JTI, a major Japanese tobacco products manufacturer, in its privatization project of a large land plot under the “Liggett-Ducat” tobacco factory in Moscow.

The acquired land plot occupies approximately 3 hectares and is located near Moscow’s Kashira highway.  JTI managed to exercise its right for privatization at 20% of the land plot’s cadastral value – a preferential buy-out rate that will cease to apply as of the new year.

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