Among the participants were managing partners and partners of law firms, heads of legal departments of state and global foreign enterprises, representatives of state authorities, notaries, and judges. They have come together to discuss changes in legislation, share business experiences, talk about the specifics of the global political and economic situation, and adopt new knowledge from colleagues in managing a law firm.

The extensive and rich program of the Forum lasted for three days. Usually, on the first day, participants get acquainted and tune into the working mood with intellectual games. This year, the organizers presented the play "Little Red Riding Hood" and invited everyone to become actors in the interactive legal theater. Each participant had the opportunity to become a screenwriter and decide on the plot twists.

The guests were invited to discuss the performance over a glass of sparkling wine while enjoying the sunset. The first day ended with a surprise dinner prepared traditionally by organizers. This year s surprise was a stand-up performance by Bella Malu, a comedian from the show "Women s Stand-up" on TNT channel.

The business program on the second day started with a welcome coffee and transformed into the first session "International sanctions and business relocation" moderated by Yuri Pustovit, the managing partner of Advocates Bureau Yug. The speakers discussed new restrictions on corporate rights of foreign shareholders of Russian economically significant organizations, specifics of transactions involving foreign companies from unfriendly states in 2023, disputes with a foreign counterparty, cons and pros of re-domiciliation of a foreign company in 2023 and its tax aspects in the Special administrative region (SAR), and PGBA as an alternative to SAR relocation.

The second session on top issues of judicial practice began with a speech by its moderator Roman Zaitsev, a partner of Nextons. He talked about reviews and explanations of the Plenum of the Supreme Court of the Russian Federation regarding interim measures. Sergey Radchenko, the partner of Advocates Bureau Yug, is an experienced litigation lawyer. He reported on the collection of antitrust losses in 2022-2023. The following topics were also under discussion: trends in judicial practice regarding court costs reimbursement, analysis of courts opinions on advance payment recovery, settlement specifics of construction disputes on the example of real-life cases, copying of brands and mass lawsuits, top issues of law enforcement in a criminal case.

The third session "Regulations and real practice in bankruptcy area" was moderated by Nikita Filippov, Head of the MGKA "Law Bureau "De Jure". He started his speech on bankruptcy trends in 2023. The speakers discussed new developments in judicial practice regarding challenging the debtor s transactions on bankruptcy grounds, the current practice in the subordination of creditors claims, cost allocation specifics in bankruptcy proceedings, and loss recovery from major creditors in case of damages of the bankruptcy assets.

The fourth session "Top managers responsibility: losses, subsidiary, criminal cases" was moderated by Sergey Kislov, founder of KISLOW.LAW. The colleagues discussed the possibilities of minimizing the legal risks of collecting losses from top managers using the legal approaches of the Supreme Court of the Russian Federation, new trends in judicial practice 2023 on subsidiary liabilities, risks of bankruptcy during legal challenging of contracts, and of bringing them to subsidiary liability, arising criminal risks for business while doing public procurement with the state as the counterparty.

At last, the fifth "aquarium" session was moderated by Evgenia Chervets, managing partner of the Bar Association "Regionservice" in Moscow, where participants shared their experiences of operating in the present situation, legal know-how, and life hacks. The first speaker was Yuri Pustovit, Managing Partner of Advocates Bureau Yug. He told about new challenges lawyers will have to face when entering new markets and establishing business contacts with foreign partners. Yuri Pustovit noted that exporting Russian lawyers without simultaneously exporting Russian law and legal proceedings is not an easy task. Other speakers shared with the audience how to build effective relationships in this time of changes between business and the legal community, considered novelties of the legal community, discussed what skills are needed today for effective management of law firms and what skills partners, clients, shareholders, employees are looking for in lawyers in 2023, and figured out how to navigate the legal services market in 2023.

Further discussions took place in an informal atmosphere with welcoming cocktails and the fresh air. The participants finished the official part of the Forum with a glass of sparkling wine while sailing on modern boats through the night sea.

Traditionally, the third day of the Forum was about the sailing regatta. Everyone knows that it helps lawyers to evolve as professionals while enjoying life and maintaining friendly business networks. Excitement, speed, and salty wind in the face are the components of an unforgettable vacation in the company of colleagues. There are winners, but there are no losers because the main price of the legal regatta is communication, emotions, and positivity which allow the participants to return to work with new knowledge, energy, and inspiration.