The concession. The way to delegate the concession grantor’s powers to a third party
A concession grantor is not always capable to perform its obligations under the concession agreement. Sometimes there is a need to delegate certain powers or rights and obligations of the concession grantor to a third party. The article prepared by Evgenia Zusman, Partner in You & Partners, coauthored
by Alexander Lykov, the lawyer, deals with the practical aspects of this
mechanism.