IFLR 1000
The Guide to the World's Leading Financial Law Firms

BC Toms & Co has had a relatively quiet year on the transactional front. "They have quite a good corporate advisory practice and assist smaller corporations, not on financing. They have oil, gas and energy focus not finance," one partner says. The firm advised Continental Farmers Group with a due diligence report as part of the client's preparation for its prospective IPO. The firm is also advising Telecoms group with financing to the extent that it is involved in restructuring and initial due diligence for fund-raising. "It used to be one of the only international law firms here," says one partner.

BC Toms & Co's corporate division was landed a blow when Taras Dumych left for Wolf Theiss. "There was a move of a major Ukrainian partner from BC Toms. He went to Wolf Theiss. This was a big hit for BC Toms. He has a very solid reputation as professor and partner and definitely took clients with him," one partner says. Nevertheless, the firm has developed a sturdy reputation in corporate advisory matters. Recently, it performed limited corporate due diligence for an independent oil and gas company and is advising it in its negotiations for an acquisition. "BC Toms has staying power. The firm has been around for a long time and maintained its independence with decent turnover," one peer says.