Russia

IFLR1000 Reviews

Financial and corporate
Alrud

Founded in 1991, Alrud is a full-service Russian firm based in Moscow. 

                           

Focusses / specialisms

The firm is strong across the board in the areas of work covered by the rankings but particularly within M&A and restructuring and insolvency.

The firm is known for working with Asian investors on Russia-related deals.

 

Key clients

Some recent key clients for the firm include Russian Direct Investment Fund, ELKO Grupa an IT product distributor, China National Gold Corporation, Trafigura PTE, Taisho Pharmaceuticals Co, VimpelCom, Accel, Rockwell Automation and Schlumberger, Monnalisa, as well as financial institutions like VTB Capital, Munch RE and CFC Management.

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in banking and finance, capital markets, corporate and M&A, project development, and restructuring and insolvency.

In banking and finance it advised lenders in a broad range of financing transactions, including mezzanine financing, restructuring of an acquisition financing, debt restructuring, asset finance term loan facility, as well as acting as Russian counsel in a multi-ECA framework agreement and related facility agreements. It advised borrowers on acquisition finance, restructuring, refinancing, and convertible loans. In addition to that it has provided regulatory advice to financial services providers on matters such as compliance and market entry. It also secured project financing for projects in manufacturing and transport, acting on behalf of borrowers and lenders.

In capital markets it advised issuers and investors on IPOs, bond issues, token issues, unsecured notes, depositary shares, derivatives, as well as provided regulatory advice on securities deals, and other financial services regulatory matters.

In corporate and M&A the firm worked on behalf of acquirers and sellers on acquisitions, sales and joint-ventures. It advised clients in various industries, including energy, pharmacy, IT, banking and finance, and agriculture.

In project development it advised developers on project implementation, product sharing agreements, respectively, in mining, and in oil and gas.

In restructuring and insolvency it has represented creditors, distressed banks and companies, shareholders, bankruptcy cases, corporate restructurings, and restructuring of SPVs in bankruptcy.

                                   

Deal highlights: 31st edition (2020/2021) 

Elanco $7.6 billion acquisition of Bayer Animal Health

KKR $500 million acquisition of the majority stake in JB Chemicals & Pharmaceuticals

Mechel Rbillion sale of its 51% shares

Metal Trade Overseas $300 million export prepayment finance facility

Sage Group $175 million acquisition of the Russian part of Adient Group

Taisho $1.6 billion purchase of UPSA and acquisition of Bristol-Myers Squibb assets

Trade House Naberezhnye Chelny $22 million debt refinancing

 

Client feedback: 31st edition (2020/2021)

Banking                                          

"Extremely proactive - highly commercial and practical advice - responsive - high-quality communications tailored appropriately for in-house counsel in London. Absolutely first-rate service for one of my firm's key clients."

 

Banking and finance                                  

"Alrud has a team of banking and finance lawyers with the expertise and willingness to provide commercial advice on complex legal matters."

 

Financial restructuring                              

"High quality of work combined with feeling of business needs, quick reaction to all requests."

"The services provided by the firm were complex and valuable. Their advice was sound and professional, we appreciate their initiative, proposals and optional solutions in complicated projects."

 

Insolvency                                     

"They are fast, competent & friendly. They always offer you a transparent and realistic assessment of the case and appropriate advice on it."

 

M&A                                 

"Professional advice on M&A transactions, including consulting on JV documents and anti-monopoly-related issues."

"Professional, diligent."

"Speeding up the process, always in connection and providing prompt and efficient service. "

"Turnkey quality legal services including DD, anti-trust and transactional legal work."

 

Restructuring and insolvency                                 

"Hands-on professional attitude coupled with customer-friendly attitude."

"Hard-working, communicative, professional, initiative, deep knowledge of the bankruptcy. Able to present arguments for the court/authorities clearly."

"Alrud Law Firm is an excellent partner to work with. Their efficiency, single point of contact practice and expertise have greatly helped us reclaim certain assets we thought lost. They have also skilfully advised us in matters of related tax issues. "

"The law firm's attorneys and associates are professional in bankruptcy, debt recovery and vindication processes. Moreover, they are good in corporate consulting."

"Alrud is fast, friendly, multilingual, precise and very strong in analysing changing situations."

BGP Litigation

BGP Litigation is a corporate law firm with an office in Moscow, Russia, established in 2006. Today, the firm has a team of over 70 lawyers, litigation and criminal attorneys.

 

Focusses / specialisms

The firm is active in corporate and M&A and restructuring and insolvency.

In corporate and M&A it advises clients on acquisitions, share transfers and conducts due diligence analysis in various industries, including tourism, IT and real estate.

In restructuring and insolvency, it advises all sides of the table on bankruptcy proceedings and disputes.


Key clients

Among its clients are Gazprom Neft, Sogaz, Lukoil, EN+Group, Hyundai Corporation, Unicredit Bank, CMA CGM, Heedbook Cloud, Hyundai Corporation, Promsvyaz Capital, Sovcombank, Carbones Holding and Sogaz.

 

Client feedback: 31st edition (2020/2021)

Insolvency                             

"BGP Litigation thoroughly advised the client on a number of extremely complex and intricate legal issues."

 

Restructuring and insolvency                      

"Firm's lawyers have a high level of professionalism and offer non-standard ways out from difficult situations. We were impressed by the 'up to the hilt' full involvement of lawyers in the project and rapid understanding of all the specifics of the work performed. "

Borenius

Borenius is a well-known Finnish firm with an office in Moscow.

 

Focusses / specialisms

The firm’s Russian arm has a focus on corporate and M&A work.

 

Key clients

Some recent key clients of the firm include CVC Capital Partners, Neste Corporation, Sever Minerals, IDAVANG Group, Stada, Norebo Holding and Tensar.

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in banking and finance, capital markets, corporate and M&A, and restructuring and insolvency.

In banking and finance the firm assisted lenders on loan facilities and debt restructuring.

In capital markets it assisted issuers on bond issues.

In corporate and M&A the firm advised sellers and buyers on divestments and on acquisitions of shares and assets in various industries.

In restructuring and insolvency it advised distressed companies and also creditors on bankruptcies.

                                   

Deal highlights: 31st edition (2020/2021) 

KZhS bankruptcy

Finngrad bankruptcy

Argosi group bankruptcy

Idavang €75 million floating rate senior secured bonds

Harvia €20 million acquisition finance

Eurazeo €80 million acquisition of UTAC Group

Client feedback: 31st edition (2020/2021)

M&A                                 

"Proactive and clear advice."

"They are very effective, polite, swift and thorough. "

Restructuring and insolvency                                 

"Professional, reliable, responsible, very knowledgeable."

FBK Legal

Based in Moscow, FBK Legal is a Russian audit, tax consultancy and law firm that has been part of Granton Thornton International since 2014.

 

Focusses / specialisms

The firm has a focus on project development and restructuring and insolvency.

 

Key clients

Some of the recent key clients of the firm include Gazprom, Mosavtogaz, Transneft and Tuva Energy Industrial Corporation. In M&A, it worked with Kronospan, Yamaha Motor CIS, Alfa bank, Diasoft, Sberbank Group, Gazprombank, Biblio-globus, Absolute Hotel Services, Scholle IPN and Evraz. 

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in corporate and M&A, project development, and restructuring and insolvency.

In corporate and M&A the firm advised buyers and sellers on corporate controls through share transfers, restructuring options, acquisition of renewable energy assets, and corporate agreements. It also did due diligence reports of acquisition targets and provided legal support on various corporate matters.

In project development it advised mainly contractors and investors on concessions, construction agreements, pre-investment feasibility studies, and on various project development related matters. It also advised developers on investment agreements. It was active with regulatory work related to the oil and gas sector. Its clients come from various industries, including mining, transport, social infrastructure and energy.  

In restructuring and insolvency the firm assisted shareholders, bankruptcy creditors, financial managers, investors and distressed companies and their counterparties with due diligence reports, debt-collecting, bankruptcy litigation cases, and on various bankruptcy-related corporate and legal matters.

Recent staffing changes include the departure of Nina Boer, a partner of restructuring and insolvency who opened her own practice.  

                              

Deal highlights: 31st edition (2020/2021) 

Alrosa-Nyurba liquidation

Government of the Russian Federation $2 billion bond issue

Highway M-12 Moscow-Nizhny Novgorod-Kazan

Park Galaxy

Power of Siberia

PSK PIKS bankruptcy

 

Client feedback: 31st edition (2020/2021)

M&A               

"Professional, business-oriented approach."

"FBK Legal have provided services at a high level throughout the entire period of our cooperation. The lawyers always quickly and efficiently solve problems of any complexity. All tasks are solved on time, professionally and in accordance with the set goals. "

 

Project development

"Complete and proper fulfilment of liabilities on due date. FBK put the priority on interests of the customer."

"Efficiency, availability, quick response, clarity are the distinctive features of employees."

 

Project development : Mining                      

"Professional qualities of the FBK Legal team combined with the importance of provided consultations (conclusions) and the adequacy of internal intellectual resources is a serious competitive advantage compared to other law firms in the ratio price/quality of services."

 

Alena Ermolenko           

"Alena is a responsible and competent lawyer, and a nice person. She shows great knowledge of the Russian legal system; she offers innovative solutions and has great understanding of the way to solve issues. She is a professional in her field and solves issues of any complexity very competently. "

"Very competent and meticulous study of the issue; analysis of all possible risks. Prompt solution of all emerging problems and tasks."

"Alexander Ermolenko is a real diamond in the whole FBK Legal team. The level of his professional knowledge in the area of corporate law, taxes, subsoil use and his experience of practical applications deserves respect and the highest appreciation."

 

Alexandra Gerasimova 

"Clear reasoning; highly professional."

 

Anastasia Suvorova       

"Anastasia is a good lawyer who approaches her work carefully and responsibly and offers competent solutions to problems."

 

Andrey Rekshinsky        

"Expert knowledge; promptness; punctuality; reliability; sense of responsibility; experience."

 

Natalia Lezhennikova   

"Very competent and meticulous study of the issue; analysis of all possible risks. Prompt solution of all emerging problems and tasks."

"Natalia helped with qualified legal support for our issue. Everything was done very competently; all possible options for resolving the issue were considered. I was very pleased with the competence and efficiency in her work."

Ilyashev & Partners

Ukrainian firm Ilyashev & Partners established a Moscow office in 2015. The firm also has a branches in Kiev and Tallinn. 

 

Focusses / specialisms

The firm has a focus on M&A and restructuring work.

 

Key clients

Some of the major and recent key clients of the firm include Alfa-Bank, Mars Media Entertainment, The Kraft Heinz Company and UralATI.

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in corporate and M&A, and in restructuring and insolvency.

In corporate and M&A the firm advised mainly sellers and purchasers on transactions such as restructuring and sale of assets, acquisitions of a business, sales, joint ventures, exit of a corporate agreement and an SPV, and it provided legal opinion on a part M&A transaction. It was active in various sectors, including real estate, and oil and gas.

In restructuring and insolvency it represented the debtor’s side and the insolvent side on litigation cases in bankruptcy, insolvency and debt recovery.

                                   

Deal highlights: 31st edition (2020/2021) 

Bibulus $1.5 million acquisition of Hans & Marta

Saratov $6.9 million sale of an oilfield

 

Client feedback: 31st edition (2020/2021)

M&A

"The firm was truly dedicated to the transaction that we were involved in, and showed impressive performance. Among the firm's main strengths are: high multi-competence, excellent team cohesion and organisation, forward-thinking, practical and proactive approach. The team has a solid industry knowledge in media business, with deep understanding of the company and market, strong legal and client management attitude."

 

Vladimir Zakharov

"Vladimir Zakharov is a very solid, competent and charismatic team leader. He always has very broad and clear vision of the issue, provides precise and straightforward advice, offering solutions in situations where progress doesn't seem possible. He always delivers a high standard of work with good turnaround from the whole team."

Infralex

Infralex, founded in 2014, is a full-service firm located in Moscow.

 

Focusses / specialisms

The firm is active in cross-border deals in M&A, restructuring and project development deals. It has acted for some of the largest Russian companies, often in international mandates that involve China, Singapore or the UK.

 

Key clients

Some of the key recent clients of the firm include United Aircraft Corporation, CNOOC Limited offshore crude oil and gas company, RZD-Nedvizhimost, Ural High-Speed Railway, RG-Development and Sberbank.

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in restructuring and insolvency. It has advised debtors, creditors, distressed companies and shareholders on bankruptcy procedures and legal cases, as well as drafting legal opinions on various insolvency scenarios.

                                   

Deal highlights: 31st edition (2020/2021) 

AlcoGrupp bankruptcy

TransKomStroy bankruptcy (litigation case)

UWS insolvency

 

Client feedback: 31st edition (2020/2021)

Financial services regulatory                                  

"Professional, high level of analysis and legal research. "

 

Insolvency                                     

"They have been technically very sound and embraced some challenging issues. They have been good to work with and we have shared and worked on a number of ideas with them. They have been particularly pragmatic on some issues and have managed to identify solutions which also achieved our commercial goals. "

"Discipline and adhering to deadlines. Great knowledge of the law and precedent cases. Personal involvement of senior lawyers and partners."

 

Investment funds                                       

"Experienced professionals in the area of fund structuring, analysis of recent investments and advisory."

 

M&A                                 

"Infralex is one of the most qualified law firms in the field of corporate law and reorganisation support. They provided strategic and comprehensive view of the business and proposed the most valuable solutions for each matter."

"The firm is great in risk assessments and negotiating on our behalf. They know our business and market realities, so that makes our life so much easier. Their drafting skills are also impeccable, and they are always on time."

"The main strength of the firm is that they understand our business and are industry-savvy in general. They are great negotiators and very experienced in M&A transactions."

"They are a hard-working team headed by a very experienced and competent professional (Artem Kukin) who is client and results-focused."

 

PPP/PFI                                          

"Infralex colleagues are the best experts in structuring PPP/PFI. They provide value-generating approach on each stage. "

 

Restructuring and insolvency                                 

"Because of the professional work the bankruptcy practice successfully protected the interests of my company. Infralex has in-depth knowledge of bankruptcy field and a hugely successful background. "

"Because of the professionalism of the bankruptcy team of Infralex we achieved the greatest results in the bankruptcy case. We succeeded in imposing the liability on all the controlling persons of the debtor."

"Infralex is a leading law firm dealing with non-standard and complex business tasks in the interests of owners, beneficiaries and management of Russian and foreign companies. According to the reputable rating agencies, the insolvency practice of the firm is included to the list of best practices over the region. Most importantly, as in our experience, the firm strives to launch a step-by-step strategy to protect the interests of the trustee for each stage of bankruptcy proceedings, identification of risks and methods to eliminate them or mitigate their consequences."

"The attitude to win and help the client is priceless, especially when it can be added to the professionalism, with huge experience of positive outcomes in court for clients."

"The bankruptcy practice of Infralex are the best lawyers that can solve your problems in the bankruptcy field no matter how difficult it is. Their huge professional background and enormous talent help them to win all the cases in court."

"The bankruptcy practice can win all the cases and deal with the most complex law issues in a limited range of time. Professionals that know how to work in the bankruptcy field. "

"The firm that is has a group of professionals with huge experience. The firm always wins the cases in the bankruptcy field. Always on time on the most complex legal issues."

"A group of professionals who can easily deal with complex issues. They are always on time and ready to help at any time I call them. Because of their professionalism and large experience, I received the most positive result of the case that I had never been expecting. They helped to get large profit from the bankruptcy case."

"The Infralex lawyers have the unique expertise on the matters of bankruptcy prevention and rescuing top management and business owners from the unavoidable personal liability."

"The professionalism, huge experience, that helps to win the case. Always on time, never late and provided great outcome in bankruptcy case. Great strategy that helped in the process."

 

Alexey Popov 

"Alexey has strategic business view and shares the value-oriented approach to the whole team."

 

Artem Kukin   

"Artem is famous lawyer on the field of corporate law. He has essential experience in different corporate matters including trans-border M&A."

"Artem Kukin is a star. He has got depth of experience, is very commercial and a problem solver. In negotiations he always thinks several steps ahead."

"Hardworking; efficient; knowledgeable; problem solver; effective."

"I've been working with Artem for over 10 years now and I must say that he is an excellent negotiator. His experience and bright mind never ceases to surprise me."

 

Arthur Rokhlin

"Arthur Rokhlin is a guru in the aircraft industry and also in specific corporate matters related to it."

 

Dmitry Ivanov 

"Dmitry is one of the best practice heads and project managers. He is highly value oriented and flexible. "

 

Lina Korshunova        

"Deep knowledge of local regulations and an overall positive attitude towards projects and people."

 

Maxim Chernigovsky  

"Maxim is a real guru in PPP/PFI and infrastructure projects. His expertise is one of the deepest on the market. "

 

Stanislav Petrov

"Stanislav Petrov is a highly qualified lawyer with broad experience in the insolvency and restructuring fields. He always provide us with the most effective way to resolve the most complicated problems on bankruptcy issues based on the complex analysis of the court practice."

"A qualified lawyer with a professional background and huge experience in the bankruptcy field. He can achieve the strongest results that a client wants."

"Expert in bankruptcy who can manage all problems on time and with the greatest success. Due to his professionalism and talent Stanislav always wins the cases in court."

"Extremely bright and capable of handling complex issues and finding answers."

"Great lawyer in the bankruptcy field that I can definitely recommend. He manages to achieve all goals that the client needs. Always happy with the result the client received from his work."

"Perfect lawyer and head of the bankruptcy practice. The leader who can see all the problems that may come up and solve them at the beginning. Excellent speaker and negotiator."

"Professional lawyer, great speaker and negotiator. Always wins the most difficult cases. Ready to help at whatever time the clients calls."

"Stanislav is a versatile lawyer with the ability to think critically and strategically. In our case, the most positive attribute of Stanislav was linked to his deep knowledge and experience of cross-border insolvency proceedings. "

"The best lawyer in the bankruptcy field with the huge experience and tons of successful cases. He can manage the most difficult tasks in the bankruptcy field. He is an excellent specialist and the best speaker and negotiator"

"The best lawyer in the bankruptcy field, always wins the case and knows how to negotiate when it comes to managing the difficult issues."

"The lawyer that is always ready to help and win in the complex cases. The bankruptcy field is where he is one of the best leaders. His speech and enormous experience help to get the results that I want to achieve."

Liniya Prava

Founded in 2000, Liniya Prava is a full-service Russian firm based in Moscow. 

 

Focusses / specialisms

One of the leading domestic firms on the market, Liniya Prava is a good performer across the board in the financial and corporate space. Capital markets is a particular strength. 

 

Key clients

Some of the key recent clients of the firm include Citibank, Credit Suisse, Deutsche Bank, UniCredit Bank, VTB Group, Gazprombank, Natixis Bank, Transneft, Russian Railways and China Development Bank.

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in banking and finance, capital markets, corporate and M&A, project development, and restructuring and insolvency.

In banking and finance it advised a lender on project financing, and it provided regulatory advice on deposit agreements and brokerage activities.  

In capital markets it advised the governments of a number of countries and a bank as issuers of bonds. It also advised companies in their role as arrangers on exchange-traded bonds and on other bond issues.

In corporate and M&A it advised buyers and sellers on the squeeze-out of minority shareholders of a public joint-stock company, on acquisitions and it also prepared a number of due-diligence reports. It additionally advised a party on a joint venture. It worked on deals in various industries, ranging from TMT and energy to transport.

In project development the firm advised mainly concessionaire on concessions in transport and in social infrastructure.

In restructuring and insolvency the firm advised creditors and companies on business reorganisation, corporate restructurings, and bankruptcy cases.    

A recent staffing change was the departure of Alexandra Fasakhova, a partner in banking and finance and in capital markets.        

                            

Deal highlights: 31st edition (2020/2021) 

Alfa Bank $200 million subordinated bond issue

ARMZ Uranium Holding $70 million project financing

RDIF/Mubadala joint venture

Republic of Belarus $400 million bond issue

Republic of Kazakhstan $2.3 billion bond issue

SKCN Finance $35 million bonds issue

 

Client feedback: 31st edition (2020/2021)

Capital markets              

"Excellent quality of their legal work. Very knowledgeable and responsive lawyers. "

"Punctuality, professionalism, customer focus."

 

Capital markets : Debt               

"The firm has proved to be very professional and diligent. They know Russian law and practice very well. They can find the ways to comfort even the most demanding clients. Their professionalism combined with loyal attitude to the client makes this firm outstanding for projects in Russia."

"Well-coordinated teamwork, prompt feedback and punctuality, high quality of legal documents."

 

Restructuring and insolvency                  

"Liniya Prava provides highly qualified legal assistance. Liniya Prava's staff scrupulously study legislation and law enforcement practice, develop a defence strategy taking into account all possible risks, and promptly and intelligibly convey information to clients. The procedural documents prepared by Liniya Prava are concise, but maximally informative, clearly structured and comprehensible: they are easy to understand both for the client and the court. Liniya Prava takes care of its clients, always keeping an eye on the important issues of the case and providing the necessary information in a timely manner. "

 

Aleksandr Kuznetsov    

"Excellent knowledge, very committed and responsive"

"Very good capital markets specialist."

"Excellent communication skills; excellent responsiveness; knowledge of the subject matter."

 

Alexander Dondokov    

"They do their job in an excellent way."

 

Andrey Novakovskiy     

"Andrey is very diligent and attentive to details; professional. He is one of the most experienced capital market lawyers in the Russian market and that brings great value to project implementation, making it smooth and timely."

 

Dmitry Chepurenko      

"They do their job in an excellent way."

 

Dmitry Korolev

"They do their job in an excellent way."

VK Partners

VK Partners is a relatively young firm established in February 2019 by former Lidings' partner Vadim Konyushkevich. It has alliances with independent firms and associations including Cathay Associates and Global Business Lawyers' League.

 

Focusses / specialisms

The firm has a focus on banking and M&A work.

 

Key clients

Some recent key clients for the firm include Sky Power Construction Engineering, Skywind International Limited, Raiffeisen Bank Hungary and Pravocard.

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in banking and finance, corporate and M&A, project development, and restructuring and insolvency.

In banking and finance the firm advised lenders and borrowers on a convertible loan agreement and on the restructuring of a shareholder loan financing.

In corporate and M&A the firm advised investors and sellers on joint venture in the form of investment partnership, straight-forward joint venture, establishing a pledge, shares in favour of a bank, acquisitions, and shareholders agreements.

In project development it advised the buyer on the leasing agreement for an aircraft.

In restructuring and insolvency it advised a distressed companies on a sale as part of a bankruptcy procedure, and on corporate restructuring.         

Recent staffing changes include the departure of Ekaterina Larens, a partner in M&A and real estate, who joined DLA Piper Weiss-Tessbach.

                                  

Deal highlights: 31st edition (2020/2021) 

APIBank $1.6 million convertible loan

Boeing 777 aircraft leasing,

 

Client feedback: 31st edition (2020/2021)

Bank lending : Borrower side                  

"Broad knowledge - available practical aspects - understanding client's needs."

"Reasonable pricing, flexible."

 

Banking                           

"Reasonable pricing, industrial knowledge."

 

M&A                  

"Good quality at reasonable price."

"Very competent, professional and responsive; highly intelligent approach."

 

Vadim Konyushkevich  

"Perfect communication skills."

"Practical understanding."

"Responsiveness; flexibility."

"Very knowledgeable and professional; intelligent approach; very responsive."

"Treating clients' interests the way we need."

A.T Legal

A.T. Legal is a legal and tax law firm with an office in Moscow, Russia, founded in 2004. 

 

Focusses / specialisms 

The firm is active in banking and finance and restructuring and insolvency.  

In banking and finance it advises lenders on direct financing and project financing.  

In restructuring and insolvency, it advises businesses on business restructuringbankruptcy proceedings and the related acquisition and corporate matters.  

 
Key clients 

Among its clients are Absolut Bank, BaltinvestbankSovcombank, Zenit Bank, Timer Bank, IC Ales Capital Group, Sovkombank, AVK Exima, MFK Bank, FosagroRefTransrevoding Agency, BaltinvestbankBlagosostoyanie FundMirani, Zenit Bank, AKB Absolut bank, Sovkombank and Art Gallery Triumph. 

 

Client feedback: 31st edition (2020/2021) 

Restructuring and insolvency 

"A.T.Legal's lawyers demonstrated a scientific approach and deep immersion into the client's problem. Demonstrated willingness to work in the field, including in the far north." 

"A.T.Legal has an excellent team of lawyers with in-depth knowledge of a wide range of issues representing large Russian companies who appreciate it for its speed and practical approach and for its ability to handle a really large work scope." 

"I am one of A.T.Legal's long-standing clients, I like the fact that the law firm not only solves business problems comprehensively but also helps to prevent their occurrence." 

"In our case, A.T.Legal's lawyers, in addition to professional knowledge, required, dare I say it, courage. The lawyers successfully confronted the powerful state agency in court and proved the illegality of the claims against our company with arguments." 

"The A.T.Legal team is characterised by high professionalism and coordinated work." 

"The main ATLegal features are: the skill to establish strategy based on the mutual commercial benefits of all participants; clear understanding, necessary and sufficient conditions; long-term prospective and strategic solutions." 

A2.Attorneys

Founded in 2015, A2 Attorneys is located in Moscow. Key figures at the firm include partners Sidorova Maria, Aleksandrov Mikhail and Kurdgev Mikhail.

 

Focusses / specialisms

The firm has a focus on corporate and M&A work.

The firm has experience across a range of sectors, including technology, pharmaceuticals and real estate.

 

Research period review: 30th edition (2019/2020)

During the past year, the firm was often active on several restructuring mandates and assisted with the establishment of a joint venture.

 

Client feedback: 30th edition (2019/2020)

M&A

In my opinion, one of the important criteria for working with a law office is compliance with project deadlines. Lawyers A2 Attorneys never missed the deadlines, always sent the necessary documents on time. If we talk about work on projects, then lawyers work deeply on each document, pay attention even to insignificant details.

 

Restructuring and insolvency

“I have long-established ties with one of the partners and the main thing for me is their availability and responsiveness plus creative approach.”

 

Allen & Overy

Allen & Overy is a full-service law firm with an office in Moscow, Russia, founded in 1993. The Russian team comprises 150 lawyers.

 

Focusses / specialisms

The firm is active in banking, corporate and M&A and restructuring and insolvency.

Its banking practice advises lenders and borrowers on ESG loan financing, debt restructuring, refinancing, acquisition financing and prepayment facility.  

In corporate and M&A, it advises acquirers and sellers on investments, acquisitions, sales, purchases, take-overs and joint ventures. The firm is active in all sectors and it has particular focuses on the telecommunications, renewable energy and natural resources sectors.

Its restructuring and insolvency practice includes advising the financing side and the borrowing side on corporate restructurings and bankruptcy proceedings.  


Key clients

Among its clients are Sberbank, VTB Group, Goldman Sachs, UniCredit, ING Bank, BNP Paribas, VTB Leasing, Commerzbank, Mail.ru Group, Novatek, Raiffeisenbank, Morgan Stanley and Credit Agricole.

 

Client feedback: 31st edition (2020/2021)

Banking and finance             

"It is difficult to distinguish, their performance is outstanding."

 

Bank lending : Lender side              

"The team is very commercial and has an excellent rapport with clients. It handles communications seamlessly and is very efficient in dealing with complex transactions across multiple jurisdictions. "

 

M&A               

"Good quality, client relations."

"Amazing quality."

Alliance Legal CG

Established in 2010, Alliance Legal CG is a corporate law firm with offices in Ekaterinburg and Moscow, Russia, as well as in Dubai.

 

Focusses / specialisms

The firm is focused on domestic and cross-border restructuring and insolvency transactions. It advises mostly distressed companies on corporate restructurings, bankruptcy proceedings, as well as specialized investors on investments in bankruptcy proceedings.

It also has experience in banking and finance such as advising investors on debt restructurings.


Key clients

Among its clients are PJSC Gazprom, Akron Holding, Cozy Home Holding, JSC Na3onal Aggregate Company, JSC Technodynamica JSC Machine-Building Factory of Podolsk, Artemovsky, Ventprom, JSC Aurat, Federal Agency Rosrezerv and Stroytransgaz Group.

 

Client feedback: 31st edition (2020/2021)

Restructuring and insolvency                      

"A big advantage is that Alliance is a boutique law firm, so partners' personal attention is given at every stage of the project."

"Crucially important, the firm has been repeatedly recommended by international ratings as one of the best in Russia in the category of restructuring and insolvency."

"The budget financing procedure was very complicated, we were faced with a sponsor default. The firm specialises in such complex cases."

"The company has earned a reputation as one of the best boutique firms in Russia for handling claims, including tax and restructuring."

"The firm handles complex cases in foreign jurisdictions brilliantly."

"The firm has a very strong bankruptcy practice. It is important that the team consists of highly specialised lawyers, which leads to the best result."

"The firm is very well known in the Russian regions for its bankruptcy and dispute resolution practice. We approached them due to recommendations from many colleagues whom we trust."

"The firm specialises in the practices that needed to be involved in our case. They do a brilliant job in insolvency proceedings, representation of distressed companies, shareholders. "

"They have an impressive work experience in the Russian regions, which is very important."

"We have been working with the law firm for a long time, fully trusting our assets and reputation. The most recent case has proven that the competence of the lawyers allows us to achieve the best outcome in any situation."

"We have worked with the company for many years. The most important thing for me is the certainty of the result. Alliance Legal provides me with that."

Alliance Legal Consulting Group

Alliance Legal Consulting was founded in 2010 by former officials of Russia’s Ministry of Internal Affairs and Ministry of Justice. The firm is based in Moscow and has branches in Ekaterinburg and Dubai.

 

Focusses / specialisms

The specialises in advising government agencies and is active in project development and restructuring and insolvency.

 

Key clients

Some recent key clients of the firm include Energomost, a high-voltage power lines constructor, Bulk Material Plant and Ventprom. It also advised Avers, an information technology center, and energy company Gazprom Mezhregiongaz.

 

Research period review: 30th edition (2019 / 2020)

During the research period in project development the firm advised on investment land development projects, as well as providing legal support for reconstruction work and software implementation. The firm also acted for the media producers in a share sale transaction, advised sell-side company owners on sale purchase agreements in waste processing and supported loan portfolio acquisitions.

In restructuring work the firm mainly advised the shareholders and managers of large corporations. It advised on behalf of creditors, contractors, developers, and the insolvency officers in bankruptcy cases.

 

Deal highlights: 30th edition (2019 / 2020)

Alliance Legal bankruptcy  

N Sats Moscow State Academic Children’s Musical Theatre redevelopment

ALTHAUS Legal

Founded in 2009, ALTHAUS Legal has a team of 20 lawyers fronted by partner Ilya Smirnov.

 

Focusses / specialisms

The firm is ranked for its banking, capital markets, and corporate and M&A work.

Sectors of focus include banking, natural resources, technology, transportation, agriculture and construction.

Key clients

Notable clients include Beijing Gas, VTB Capital, KGAL and Sberbank Capital.

Research period review: 30th edition (2019/2020)

Althaus Legal was particularly active in M&A during the research period, taking on a mix of buy and sell-side roles. A standout deal saw the firm advise Beijing Gas on matters related to a joint venture with a large Russian company.

Deal highlights: 30th edition (2019/2020)

AC Damate Group acquisition of Kolyshleysky elevator

VTB Capital $150 million investment in Regional Infrastructure Company

Beijing Gas / Rosneft joint venture

Client feedback: 30th edition (2019/2020)

Banking

“The firm's employees do their best to understand what is the client's purpose of entering into the transaction and make good proposals for structuring.”

 

Capital markets : Debt

“ALTHAUS has a great team. All their lawyers have excellent knowledge of regulatory issues and are always up-to-date with the applicable legislation. They are also very prompt and thorough in their advice.”

 

M&A

“Fast reactions, adaptivity to client's responses, and a professional team.”

“ALTHAUS Legal team is strong and reliable in my opinion. They can easily deal with corporate, M&A and commercial work, projects in capital markets, debt and restructuring. To summarize, they are affable, helpful and proactive. They not only know the law inside out but demonstrate a very high level of sector analysis thus being extremely effective.”

“ALTHAUS lawyers are smart and diligent. They respond fast and pay attention even to minor details. The project team was proactive and highly efficient.”

Andrey Gorodissky & Partners

Andrey Gorodissky & Partners is a corporate law firm with an office in Moscow, Russia, founded in 1992.

 

Focusses / specialisms

The firm is focused on corporate and M&A. It advises sellers and buyers on partial takeovers, joint ventures, sales and cross-border reorganizations. It is most active in real estate and investment development.


Key clients

Among its clients are Local Kitchen, Mobile TeleSystems PublicJoint Stock Company, Tashir Medica, Rose Group, Microsoft Corporation, AV Group, Developers of surgical robots, AFK Sistema and SberInvest.

 

Client feedback: 31st edition (2020/2021)

M&A   

"Very fast, very responsive, well-organised professionals with positive personal and business attitude - they gave lots of advice on the issues of the ShA and drafted legal documentation on our M&A deals (joint ventures and assets sale-purchase)."

Arbitrage.ru

Arbitrage is a corporate law firm with an office in Moscow, Russia, founded in 2005.

 

Focusses / specialisms

The firm is active in restructuring and insolvency. It advises all debtors and distressed companies on bankruptcy proceedings.


Key clients

Among its clients is Yuribey.

 

Client feedback: 31st edition (2020/2021)

Restructuring and insolvency          

"I have been cooperating with the law firm 'Arbitrage.ru' for over 10 years. The lawyers of this company represent my interests in the bankruptcy proceedings, in which I am appointed to the bankruptcy manager. Over the years, we have become, in fact, friends and colleagues using bankruptcy methods. Strengths of the law firm 'Arbitrage.ru': efficiency, strategic approach to the project (the ability to see the final result at the start of the project, the ability to calculate the decision several steps ahead), responsibility, efficiency in solving urgent problems, quick response to surprises, quick acceptance decision, discipline and composure."

Baker McKenzie

Founded in 1989, Baker McKenzie is a full-service law firm with an office in Moscow, Russia. Today, it also has offices in St. Petersburg. Both offices employ more than 130 lawyers only in Russia. Baker McKenzie Russia is part of the global firm Baker McKenzie with 36 offices across 26 jurisdictions in Europe, Middle East and Africa.

 

Focusses / specialisms

The firm is active in all areas of corporate law and project development.

In banking and finance the firm advises lenders and borrowers on direct financing, project financing and mezzanine financing.

In capital markets it advises all sides of the table on debt transactions such as mortgage securitisations, loan participation notes and bond issues. Its equity work includes advising counsels of issuers on equity offerings.

In corporate and M&A the firm advises mostly buyers and joint-venture parties on joint ventures and acquisitions in various industries, including mining, private equity and IT.

In project development it advises acquirers on land acquisition, and developers and contractors on energy projects, including regulatory and contract matters. Among its specialties in this practice area is mining where the team is experienced in assisting developers on project design and EPC contracts.  

Its restructuring and insolvency practice includes advising creditors, debtors and also distressed companies on insolvency proceedings, as well as active companies on intra-group restructurings.


Key clients

Among its clients are New Development Bank, JSC Housing Finance Bank, JSC Asian-Pacific Bank, Transkapitalbank, J.P. Morgan Securities, UBS AG London Branch, PJSC KOKS, Alliance Altyn, Amur Zoloto, Goal Number Seven, Runtech Ventures, ECCO Sko, Henkel Rus, Kabosh Group, Novo Nordisk, Codest Engineering, Gomanold and Bitzer Kühlmaschinenbau.

 

Client feedback: 31st edition (2020/2021)

Insolvency                 

"(1) timely (2) practical."

 

M&A               

"B&M has deep knowledge of TMT market in Russia and understanding of the corporate regulations in the country, they take a creative and well-thought-out approach to solving complex legal matters. The advice provided by B&M is practical, concise and up to the point."

 

Restructuring : Corporate                

"Great service, attention to client's intentions and requirements."

 

Restructuring and insolvency                      

"The team works very well even under tight deadlines. They worked efficiently during a period of restrictions in Russia connected with Covid-19. Vladimir Khvalei is highly skilled and reliable. He has a deep legal expertise with a great experience. Anton Maltsev is able to provide pragmatic and commercial advice. Taisiya Vorotilova is attentive to deep details and customer requirements."

Borodin & Partners

Founded in 2009, Borodin & Partners is a corporate law firm with offices in Moscow and Voronezh, Russia. It has a team of 23 lawyers.

 

Focusses / specialisms

The firm is active in restructuring and insolvency. It advises mostly debtors on bankruptcy proceedings.


Key clients

Among its clients are Sberbank of Russia, Amatus and Rezerv.

Branan Legal

Branan Legal is a corporate law firm with offices in Moscow, established in 1999.

 

Focusses / specialisms

The firm is active mostly in corporate and M&A.

In corporate and M&A it has a prolific track record on advising issuer on share capital increases, as well as clients on sales, acquisitions and corporate restructurings. The firm is active across various sectors, including machine engineering, banking and retail.

In addition, it is also experienced in capital markets debt work such as advising issuers on issuing securities.


Key clients

Among its clients are PFC CSKA, VTB Bank, Gazprom group of companies, X5 Retail Group, ABB group, Goznak, Russian helicopters group of companies, Far East High Technology Fund and Severstal.

 

Client feedback: 31st edition (2020/2021)

Capital markets : Equity                   

"Customer focus, strong experience, dynamic problem-solving approach. Firm is much more than just a legal consultant."

"Individual approach, high qualification of lawyers."

Bryan Cave Leighton Paisner

Founded in 2009, Bryan Cave Leighton Paisner is a corporate law firm with an office in Moscow, Russia and a team of 120 lawyers. It is part of the global firm Bryan Cave Leighton Paisner which has 41 offices across the world.

 

Focusses / specialisms

The firm is active in all areas of corporate law and project development, advising mostly on cross-border transactions.

In banking and finance the firm advises borrowers and lenders on acquisition financing, debt restructuring, refinancing, mezzanine financing and project financing.

In corporate and M&A it advises buyers and sellers on sales, acquisitions and take-overs in various industries, including financial services, pharmacy and IT.

In project development it advises mostly developers on projects in oil and gas, energy and infrastructure.

In restructuring and insolvency, the firm assists all sides of the table on insolvency proceedings, bankruptcies and disputes.

 


Key clients

Among its clients are VEB.RF, VEB-leasing, Trust Bank, International Investment Bank, Sovcombank, Raven Property Group, Mirland Development, South/ TurkStream Offshore Pipeline, Sheremetyevo International Airport, Russian Direct Investment Fund, Mars and RusHydro.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Borrower side

"Comprehensive and analytical advice as well as hands-on practical assistance with all legal issues."

 

Bank lending : Lender side

"Quality of work. Professional attitude. Quick reaction. Reliability. Overall support."

 

Banking

"Just list their strong sides, what we value most of all and prefer them to others: proactive, highly professional, reactive in terms of tasks and requests, diplomatic and delicate, supportive not only in direct tasks but in other related or even unrelated questions. "

 

Capital markets : Debt

"If we are talking about the dispute resolution team I have worked with, they are one of the leading teams on the Russian market and well positioned for handling complex disputes. They have impressed me with their in-depth knowledge of legal procedures, Russian legal system, creative thinking and innovative approaches when handling the case. "

 

M&A

"Attention to detail, efficiency in solving the task, high-quality result."

"Good quality of work, business-oriented approach, great availability, efficient amount of resources."

"Good team of professionals available 24/7 and always ready to find a solution to any complex problem you may face within the project."

"Great and professional team."

"Proactive attitude and strong commercial approach, they go really far beyond the scope if they feel this is what is needed, it seems like they live the matter with the client."

"Team of professionals with business approach. Available 24/7 and capable to find solutions to practically every problem you may face within the project."

"The firm's bankruptcy and restructuring practice holds robust positions on the Russian market. Ivan Veselov, who I have worked with, and his team offer clear, concise and effective advice on the full range of disputes, such as bankruptcy, property rights protection, and a number of others. "

 

Restructuring and insolvency

"The BCLP bankruptcy team has extensive experience handling corporate bankruptcy procedures and acting for creditors across various business sectors and industries for collecting troubled debts. They boast an impeccable reputation in the legal industry, as confirmed by numerous rankings that place the firm among the best, and also complex multi-jurisdictional projects of which I know from public sources. "

Capital Legal Services

Founded in 1999, Capital Legal Services is a corporate law firm with offices in Moscow and St. Petersburg, Russia, and an office in Helsinki, Finland. It has a team of 30 lawyers and counsels.  

 

Focusses / specialisms

The firm is active in project development. It advises concessionaires and investors on projects in construction, infrastructure, railways, aviation, marine transport and social infrastructure.


Key clients

Among its clients are Gazprombank, VTB Capital, Opeka managing company, Medcon, PF VIS Group, EKS group, Pizzarotti Group, Novaport, Airport Gelendzhik, Seaport Gelendzhik and Urengoiaeroinvest.

 

Client feedback: 31st edition (2020/2021)

Project development            

"Capital Legal Services team is a pleasure to work with. They are always in touch, friendly and positive. The team led by partner Pavel Karpunin has strong experts with strong skills. They always do more than we expect, and that's great!"

"They work fast, always doing what they are asked for. Very good negotiators. Compared to other law firms they are very easy to work with as they are very flexible. Always looking at the problem from different angles and giving the best solutions possible, explaining all the risks and benefits of every solution. "

 

Project development : Infrastructure                       

"I work with Pavel Karpunin and Dmitry Raev and team. Positive attributes: timely legal advice - they meet any deadline set on the project. Solid expertise in PPP project - I've been working with CLS on several other projects and can count on their legal expertise in PPP and infrastructure project. Cost-efficient approach - CLS price proposal was the best for this project. CLS didn't approach us for price increase even when project was put on hold for several months due to commercial disagreement between the parties."             

                                                                              

Project development : Transport                 

"This law firm demonstrated a proactive and attentive approach to each detail during preparation to tender process including submitting the bid etc., based on their extensive experience in concession agreements, including court practice, this law firm advised on very crucial points during negotiations with public party on terms of the concession agreement."

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton is a corporate law firm which established its Russian office in Moscow in 1991. It is part of the global firm Cleary Gottlieb Steen & Hamilton with 1,100 lawyers working in 16 offices, located in the global key financial centres.

 

Focusses / specialisms

The firm is active in all areas of corporate law.

In banking and finance the firm advises mostly borrowers on direct financing loan facilities and project financing.

In capital markets it advises issuers on multimillion cross-border IPOs. Its capital markets debt practice is particularly prolific, including advising issuers on LPN issues, green bonds, Eurobonds repurchases of shares, senior notes and ordinary shares issues.

In corporate and M&A the firm assists acquirers, joint venture parties and sales in various industries, including real estate, transport and manufacturing.

 


Key clients

Among its clients are PNM Investments, Eurasian Resources Group, MegaFon, Transmashholding, Altus Capital, Barilla Group, Sovcomflot, Segezha Group, Russian Railways and Mobile TeleSystems.

Clifford Chance

Clifford Chance is a corporate law firm with offices in Moscow, Russia, established in 1991, and a team of 30 lawyers. It is part of the international network of Clifford Chance, comprising 33 offices in 23 countries and more than 3, 200 lawyers.

 

Focusses / specialisms

The firm is active in all areas of corporate law.

In banking and finance it advises foreign and domestic borrowers and lenders on direct financing in the form of syndicated loans and facility agreements, refinancing, debt restructuring and project financing. Among its specialties is project financing of oil and gas projects.

Its capital markets team is experienced in advising issuers and joint managers on Eurobond issues, while in capital markets equity it advises issuers on IPOs.

In corporate and M&A the firm is experienced in advising all sides of the table on the full range of M&A transactions in various industries, including life sciences and telecommunications.

In project development the firm assists clients on projects in energy and infrastructure.

Its restructuring and insolvency practice consists mostly of corporate restructurings and repossession cases.


Key clients

Among its clients are BNP Paribas Personal Finance, Metrika Investments, Far East and Arctic Development Fund, Phosagro and Sibur Holding.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Borrower side                      

"Good coverage and good expertise in syndicated deals under Russian LMA and Russian ruble-denominated transactions."

 

Bank lending : Lender side              

"Clifford Chance provides consistent and timely legal advice. They are always available to discuss legal matters with the client and always with the intention to find the best suitable solution and not only identify the problem."

 

M&A               

"First of all the structured and customised approach and the initial level of service was a big plus, the expertise especially in the field of necessity to gain antitrust relief was the main driver for cooperation with the law firm. "

"Very well structured. Strong, extremely qualified professional team able to cover all the parts of the deal. Provided recommendations, raised risks and, more importantly, proposed several mitigation scenarios. "

 

Project development : Energy                      

"Creative approach in solving complicated legal issues."

CMS Russia

Global law firm CMS has been active in Russia since 1992 and maintains an office in Moscow.

 

Focusses / specialisms

The firm is best known for its restructuring work and is also active in banking, corporate and M&A, and projects.

The firm’s extensive network allows it to effectively act on cross border restructuring and insolvency mandates. The banking team notably acts for foreign and local banks, and the corporate team has a particular focus on the energy, healthcare and technology sectors.

Key clients

Key clients include UniCredit, American Express, Sberbank, MoneyGram, PayPal, VTB Group, Rosneft Oil Company and Allianz.

Research period review: 30th edition (2019/2020)

In the past year, the banking team was active for borrowers and lenders on matters such as project financing, refinancing, acquisition financing, export financing, and debt restructuring.

One high-value corporate highlight saw the firm act for a global private equity firm on an acquisition in the chemicals sector. A confidential highlight saw the firm advise an international client on a joint venture.

In the restructuring space, the firm recently acted for the creditors on a complex cross border debt restructuring in real estate.

Deal highlights: 30th edition (2019/2020)

Lone Star €3.17 billion acquisition of BASF’s Construction Chemicals business

S8 Capital acquisition of Price.ru

S8 Capital divestment of stake in ELT-Poisk

Uralkali $1.5 billion pre-export financing facility

 

Crowe CRS

Founded in 1992, Crowe CRS is a corporate law firm with offices in Moscow, St Petersburg and Nizhny Novgorod. It is part of Crowe Global international network which comprises over 750 offices in 130 countries.  

 

Focusses / specialisms 

The firm is active in restructuring and insolvency, advising clients on business expansions, corporate restructurings and corporate matters. 

 
Key clients 

Among its clients are Service-Telecom, Tele2, MTS, MegaFon, VimpelCom, Ruric Management, Onexim Group, Gazprom Energy Holding, Moek and VTB Capital. 

 

Client feedback: 31st edition (2020/2021) 

Restructuring : Corporate 

"High qualifications, responsible relationships, customer-oriented approach." 

"Years of my cooperation with the firm proved their deep expertise in corporate law. They always demonstrate individual approach to the client's case and develop non-standard solution." 

 

Restructuring and insolvency 

"Crowe CRS lawyers deeply study the problem, use a unique approach to solve the tasks set. In the shortest possible time, they provide the result, based on a deep knowledge and expertise. The complexity of the project is that it based on international tax and dispute resolution practices engagement. " 

Danilov & Partners

Danilov & Partners is a Russian corporate law firm with an office in Moscow, founded in 2014.

 

Focusses / specialisms

The firm is specialized in corporate and M&A, advising all sides of the table on the full range of M&A and restructuring transactions, as well as on corporate and regulatory matters. It is active in all industries, particularly in banking and finance.  


Key clients

Among its clients are iTech, Quantum, Kinross, Absolut Bank and Decathlon.

 

Client feedback: 31st edition (2020/2021)

M&A

"Andrei Danilov is one of the leading corporate lawyers in the Russian market. Hugely experienced, entrepreneurial, responsive and very easy to work with. "

Debevoise & Plimpton

Debevoise & Plimpton is a corporate law firm with an office in Moscow. Debevoise & Plimpton is a global law firm with 800 lawyers, working in 10 offices located in key financial centres across three continents.

 

Focusses / specialisms

The firm is active in all areas of corporate law and project development.

In banking and finance it advises mostly borrowers on various sorts of direct financings, ranging from credit facility to revolving collateralised facility, many of which are securitised.

Debevoise and Plimpton are particularly well known for their capital markets work which includes the biggest IPO in Russia for 2020, as well as other transactions such as bond issues, convertible securities and repurchase programmes, always working on the side of the issuer.

In corporate and M&A it advises buyers, sellers and JV-members on acquisitions, share purchases, voluntary tender offers and joint ventures in various industries, including metal and mining and TMT.

In project development it advises clients on construction and exploration projects.


Key clients

Among its clients are Polyus, Freight One, Novolipetsk Steel, Norilsk Nickel, MegaFon, Ozon Holdings, Sberbank of Russia, TMK, Ozon, Nornickel, Polyus, ICT Group, NLMK, Sberbank, N-Mining, Norilsk Nickel, ExxonMobil and Exxon Neftegas, Transneft, Tatneft, Alliance Oil, Mitsui, Chevron, Metalloinvest, Polyus Gold, Uralkali and Chelyabinsk Zinc Plant.

 

Client feedback: 31st edition (2020/2021)

Capital markets                     

"I think Debevoise is the best choice for capital markets projects in Russia. They have a deep knowledge of Russian and English law specifics, are dedicated and experienced, and may offer the best solution on a case-by-case basis."

 

M&A               

"Good professional insights and negotiation skills."

"They are very professional."

Deloitte

Deloitte has been active in Russia since 1990 and has a presence in several major cities including Moscow, Saint Petersburg, Ufa, Ekaterinburg, Novosibirsk, Yuzhno-Sakhalinsk and Vladivostok.

 

Focusses / specialisms

The firm is recognised for its work in corporate and M&A and the projects space.

Sectors of activity include transportation, education, utilities, healthcare, automotive, consumer products, and pharmaceuticals.

Key clients

Publishable clients include Zettek Company and INDRIVERRU. 

Research period review: 30th edition (2019/2020)

The corporate team advised on acquisitions, restructuring, and joint ventures.

The project team’s recent activities include advising on EPC contracts and assisting with the construction of a methanol and nitrogen fertilizer plant.

The firm strengthened its corporate offering with the hire of partners Anna Kostyra from EY Law and Nikita Korobeinikov from Duvernoix Legal.

 

Dentons

Dentons is a corporate law firm which opened its Russian office in Moscow in 1991. It comprises around 110 legal staff, including more than 24 partners. It is part of the global firm Dentons with more than 180 locations in over 75 countries.

 

Focusses / specialisms

The firm is active in all areas of corporate law and project development on both domestic and cross-border transactions.

In banking and finance the firm advises banks, companies and investment funds on direct financing facilities, refinancing and restructuring, and project financing.

Its capital markets team advises issuers on bonds, loan participation notes and note issues.

In corporate and M&A the firm is active in advising clients mostly on share purchases, acquisitions but also on sales. It’s active in various industries, ranging from investment and transport to energy.

In project development the firm advises all sides of the table on concessions, PPP projects and EPC contracts in a number of industries, including infrastructure, finance and IT.

In restructuring and insolvency, it advises clients on bankruptcies and debt recoveries.

 


Key clients

Among its clients are ChelPipe, Uralkali, TMK, The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan, Mitsui & Co Ltd., Avito, Puratos N.V., GEM Capital, Elbrus Capital Funds, Sberbank, Veolia, EuroChem, ING Bank, Credit Agricole Corporate and Investment Bank, Black Sea Trade and Development Bank, Citibank, EBRD, Valeo, World Bank, RZD Invest, Pharmimex and Northern Capital Gateway.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Borrower side

"Very professional."

 

Bank lending : Lender side

"Deep knowledge of situation on the ground."

 

Banking

"Tim Stubbs' team has always proven reliable. We are delighted to recommend him, Filipp Petyukov, and Anna Booth (among others). They were very proactive and made some very good suggestions (even outside the initially agreed scope of work)."

"Truly dedicated team of lawyers with agile approach to project management who understand the client's business needs and deliver perfect results in a very tight schedule. "

 

M&A

"Dentons suggest creative structuring solutions and negotiate heavily in the interests of the client."

"Excellent industrial knowledge, understanding of clients' needs , solution-oriented approach, great subject-matter experts. "

"Excellent knowledge of the Russian and English aspects of law, client-oriented firm and team (especially Konstantin Kroll who is always eager to help)."

"Legal competence, efficiency, quick response."

"More service for your money (you get a huge package of services that is more valuable than what you pay for it). No stones left unturned (your every inquiry or concern is properly addressed between multiple teams, no questions left unanswered). Practicality first (the firm is more concentrated on actual risks and tasks rather than on some theoretical research). Timing is everything (your request is processed and delivered when agreed no matter how many nights and weekend it takes)."

"Outstanding support for M&A deals! They are able to manage multiple requests and organise the workload in an efficient and transparent way. They have extremely deep knowledge of the subject which in our case is quite specific. Ability to find the best, yet simple solutions for the most complicated matters. Perfect understanding of the local context combined with broad international network. Highly professional team, well equipped to advise on all issues that may arise in the course of M&A transactions. Superb client service. They are putting client's interest first and are able to see the problems from different angles."

"Proactive and business-oriented. Drafting docs, researching the best solutions."

"The colleagues met deadlines and were very cooperative and ready to provide solutions that would satisfy all parties involved in the transaction."

"The firm ideally combines a deep knowledge of the laws with strong management and communication skills. It allows them to achieve outstanding results in M&A projects. Arranging for effective negotiations and strict adherence to deadlines are their strengths as well. "

"The law firm knows the local laws and the position of the judges (local and federal). They give practical advice and concrete recommendations: what to do in this particular situation to preserve our interest. They are reactive and always respect the deadlines that they have committed to."

"The lawyers are very knowledgeable in the area and can provide legal advice quickly and in a form that is easily understood by non-lawyers. Quick response time is also a bonus. "

"They are super-professional in all kinds of M&A deals, they are not afraid to take on responsibility and be at the forefront. Their service is absolutely top-notch. They do cherish our relationships and value the client's time. "

"Understanding of client's needs and ability to work with an international group."

 

PPP/PFI

"Quality and in time."

 

Private equity

"Lawyers are always in touch, provide consultations as soon as possible, the information is verified and accurate."

DS Law

DS Law is a Russian corporate law firm with an office in Moscow, founded in 2002.

 

Focusses / specialisms

The firm is active in corporate and M&A, advising all sides of the table on investments and M&A transactions in various industries, with a focus on tech and IT.


Key clients

Among its clients are Admitad Projects, iTech Capital, Skolkovo Ventures, Sistema VC, Altera Capital, New Industry Fund, Target Global Fintech Opportunities and Car Market Expert.

 

Client feedback: 31st edition (2020/2021)

Capital markets : Equity                   

"High competence. Swift timely delivery. Flexible pricing models. "

 

M&A               

"Excellent professionals, always ready to deep dive in any problem a client may come with, responsive and responsible."

"The team and especially Denis Belyaev (partner), was extremely helpful in negotiating the proposed corporate structure with our current investors and our new investor. His approach was very goal-oriented and he demonstrated thorough knowledge of practical issues in international corporate structuring of "Russia-rooted" projects abroad. "

"They have strong knowledge of Russian and English corporate laws as well as good understanding of Russian/European M&A/venture markets. They are hands-on, meet the required deadlines. They understand the client's requirements and needs and are ready to meet them. They are ready to fix capped price for the deal (on a turnkey basis) which is extremely useful for the venture funds. And generally the fees of DS Law are very acceptable for the venture funds, absolute value for money. They are also sometimes ready to go beyond the agreed scope and fees, which are extremely valuable in venture deals. "

"They use a complex approach providing their advice in various fields: corporate, IP, tax etc. "

"They're super-responsive and attend to our inquiries within just hours, not days. We've started outsourcing more work to them rather than trying to have our legal department do what is outside their scope of expertise."

Duvernoix Legal

Duvernoix Legal is a Russian corporate law firm, founded in St Petersburg in 1999. Today, its team consists of more than 40 lawyers.

 

Focusses / specialisms

The firm is experienced in corporate law and project development.

The M&A team is experienced in advising purchasers on share purchases. 

The project development team advises developers mostly on real estate and construction projects, and acquisitions of assets.

In restructuring and insolvency, it assists most often the claimant side in disputes and bankruptcy cases.


Key clients

Among its clients are Aegean, Osara, Kraftvaerk, Polyandria, New City Investments, Laguna, Ictas Astaldi, Colliers International, Knight Frank, Intertorg and CityInvestBank.

 

Client feedback: 31st edition (2020/2021)

Investment funds: Real estate funds                       

"Quality legal work."

 

M&A               

"High competence of employees, efficiency, willingness to help in all matters, finding solutions in any extraordinary situations."

"I would like to characterise Duvernoix Legal's company as one of the best companies we have dealt with in St Petersburg. The positive attributes of the company are high professionalism, individual and complex approach to the company's legal issues. "

"Timing, good in preparing due diligence."

"Very professional and constructive approach, detailed answers on questions."

 

Private equity            

"We would like to characterize Duvernoix Legal's company as one of the best companies we have dealt with in St Petersburg. The positive attributes of the company are high professionalism, individual and complex approach to the company's legal issues."

 

Project development            

"Highest level of legal support."

Egorov Puginsky Afanasiev & Partners

Egorov Puginsky Afanasiev & Partners is an international full-service law firm, founded in Moscow, Russia in 1993. Today it has offices in St. Petersburg, Kyiv, Minsk, Washington, London and Limassol, and it employs over 200 lawyers.

 

Focusses / specialisms

The firm provides the full range of services in corporate law and project development.

In banking and finance the firm advises borrowers and lenders on direct financing transactions and the related matters.

It’s particularly experienced in project finance with a prolific track record in advising mainly borrowers on direct financing, acquisition financing and refinancing.

In capital markets the firm advises issuers on the full range of bond issues and share placements.

The corporate and M&A team assists mostly purchasers on acquisitions and joint ventures in a broad range of industries, including oil and gas, machinery and mining.

In project development it advises constructors, developers and investors on land acquisitions and projects in various industries, including transport, construction and development, mining and energy.

It has a particularly prolific restructuring and insolvency practice, advising all sides of the table on bankruptcies, disputes and insolvency proceedings.  


Key clients

Among its clients are Absolut Bank, UC Rusal, Bank Saint Petersburg, Aeroflot, VIS Group, Toshiba Global, BNP Paribas, Clemco International, Lenta, Solntce Mexico, Transaero and Gruma Group.

 

Client feedback: 31st edition (2020/2021)

Banking and finance             

"EPAM has very deep expertise in the area. We praise EPAM's efficiency, availability and responsiveness. Such qualities fully depend on people and we are glad that EPAM maintains a solid and stable team. EPAM provides very professional, exceptional quality advice together with relatively competitive terms of pricing. EPAM can deal with complex and challenging transactions. "

"EPAM is a prominent Russian market leader with excellent reputation engaged in exceptional cases. We have been working with EPAM for a long time. EPAM constantly stands out due to several aspects: ability to provide a wide range of services - it is a one-stop-shop, where you can get any advice on any issue within one firm; knowledgeable specialists - EPAM experts are well educated and experienced; efficient cooperation - the project management was exceptional. "

 

Capital markets : Debt                      

"EPAM is a law firm that brings together stand-out partners and associates who provide a high level of expertise and legal services. Capital markets team is the strongest in Russia, which has in its portfolio great cases, develops unique strategies and practices an innovative approach. Attention to details, close cooperation with the regulator and commercial approach give them a substantial edge. "

"Wide expertise, good advice."

 

Insolvency                 

"The team is result-oriented, insistent on achieving goals and efficient. Their successful track record impresses, that's why we've chosen them to defend our interests. They never give up, are always positive in the most complicated situations and encourage their clients. Such personal touch, including attentiveness to the client, deep experience for the client's business as for their own, make them a trustworthy partner."

 

M&A               

"EPAM's M&A team is well versed in corporate control, restructuring and compliance issues. It provides a great number of high-profile clients with advice on corporate law. That is why we chose this firm to be our legal adviser. What we needed was a prompt and proficient assistance. EPAM associates acted conscientiously, attentively and precisely and, as a result, developed useful recommendations and efficient structure for transaction. They acted in a business-friendly and quick manner. "

"EPAM's team was very helpful in finding a variety of solutions for a difficult case and implementing it, providing assistance for the general development of the project and at the same time supporting efforts on particular pieces of it."

"High level of expertise; outstanding effective network of contacts; offering a few versions of solutions and providing recommendations on the best practical option; combining both ability to be a "visionaire", sketching the concept and to execute all necessary "field work"; ability to listen and hear the customer; providing an appropriate level of transparency; prompt, persistent and flexible approach in handling challenges."

"On a transaction that required more than 60 complex documents to be negotiated and agreed on a tight schedule, EMPP were able to progress drafts very quickly while never compromising on quality. They were very passionate about achieving the best possible outcome for their client."

"Qualified legal advising, considering the needs of the business, high-quality of drafted documentation, convincing and effective negotiation with the opposite party, fast work for high-quality results in a very short time, overtime work where needed. "

"The law firm is responsive and knowledgeable about the Russian legal market and practices in the M&A sector."

"They are very efficient and professional, execution was swift. They mitigated any issues that arose during our negotiations with the target company."

 

Project development : Mining                      

"High level of professionalism. Brilliant analytical mind and oratory skills."

"Strong analytical skills."

 

Project finance                      

"The team led by Dmitriy Glazounov impressed us. EPAM attorneys work around the clock and are ready to provide any assistance when needed. EPAM has experience with tier one banks and other reputable companies. Its track record impresses. We confirm that EPAM can easily cope with pioneer projects and provide outstanding quality."

"They are pioneers as they deal with unique deals. They invest a lot of their time in developing new legislation. They have good ties with the regulator. They always leave a very positive impression. EPAM is more focused on domestic deals, but for us it more a plus than a minus. "

 

Restructuring and insolvency                      

"EPAM is always in the vanguard of all legislative novelties, that is why it is a pleasure to work with it. EPAM represents us in a dispute over the recovery of more than $9 million invested in a joint venture, bypassing standard corporate profit-sharing procedures. EPAM's smart and daring approach enabled us to overcome a deadlock situation and to be able to proceed business according to the initial business plan. We admire the team's professionalism and the quality it provides. Now we understand why EPAM is always at the zenith of all litigation and restructuring & insolvency rankings."

"EPAM's restructuring team combines insolvency and restructuring expertise together with strong litigation experience. Being the strongest law firm on the local market, EPAM constantly provides innovative legal solutions, even to the most complex problems. EPAM constantly provides us with timely responses, proactive approach, out-of-the-box thinking, tailored strategies and excellent price-quality ratio."

Eterna Law

European law firm Eterna Law has been active in Russia since 2008 and has an international presence with offices in Moscow, Riga, Kyiv, Dusseldorf and Almaty.

Focusses / specialisms

The firm is noted for its M&A practice. It regularly advises domestic and foreign corporates and financial institutions on matters across a variety of sectors, including banking, technology, media, insurance, consumer products and manufacturing.

Key clients

The firm was recently active for SKM, Solar Systems Development, Lyca Mobile, Lukoil, and AeroClub.

Research period review: 30th edition (2019/2020)

Recent highlights include advising buyers on the purchase of non-resident assets, advising on corporate reorganisations, and assisting Solar Systems Development with the construction of a photovoltaic power plant.

Deal highlights: 30th edition (2019/2020)

Crimean Development Company $35 million sale of a shopping and entertainment center

Kalynivska photovoltaic power plant

 

Eversheds Sutherland

Eversheds Sutherland is a corporate law firm with offices in Moscow and St Petersburg, Russia.  It is part of Eversheds Sutherland global law firm with offices in over 87 jurisdictions.

 

Focusses / specialisms

The firm is active in banking and finance, corporate and M&A and restructuring and insolvency on both domestic and cross-border transactions.

In banking and finance the firm advises mostly borrowers on direct financing agreements, project financing and debt restructuring.

In corporate and M&A it advises mostly buyers on sales and acquisitions in sectors such as agriculture and diversified industrials, as well as on corporate structuring matters.

It also advises all sides of the table on restructuring and insolvency proceedings and disputes.


Key clients

Among its clients are IATA, Rockwell Automation, Hubert Burda Media, Wärtsilä Corporation, Gazprombank Switzerland, BioMar, ZAO Integrated Transport System, Kering Group, Pall Corporation, Rolls Royce, Optilan, Eaton and Tenneco.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Borrower side

"Accuracy in drafting documents; excellent skills of partners in managing the project."

 

Banking and finance

"Eversheds Sutherland's banking & finance team is completely focused on the customer's needs and prompt assistance. All deadlines are always met. The team understands what we are expecting and what we are trying to achieve."

 

M&A

"A remarkable feature of the team is that, over the years, several huge players of the pharma sector have consistently trusted their business to the Eversheds Sutherland's team."

"Eversheds Sutherland's M&A team is highly experienced, with great client service and goal-oriented support. They are really strong in negotiations. It goes without saying that I will choose them for all future M&A transactions that I do from now on."

"Great team, professional approach, solid expertise and excellent market reputation."

"Great team, professional approach, solid expertise and excellent reputation."

"High competence, wide experience of resolving issues of the specified type. Perfect negotiators, can stand their position and provide valuable arguments, flexible in relationships with the client."

"I really enjoy working with Eversheds Sutherland's M&A team as they are very dynamic, creative lawyers and most importantly, they respect the deadlines."

"The firm has a highly capable and responsive legal team with impressive experience in corporate and M&A. I am always certain that I will get the right legal answer and at the same time a commercially sensible one."

"The firm is well known in the Russian market. I can say for sure, that their corporate and M&A team has extensive experience in mid and large-scale market deals, they provide outstanding services, and they are very calculated with their commercial legal advice."

 

Project development

"Created an assessment pattern."

 

Restructuring and insolvency

"Each year, the team demonstrates in-depth expertise within bankruptcy proceedings in different sectors. They have extensive experience."

"Eversheds Sutherland has a very strong restructuring and insolvency team with highly qualified professionals who provide incredible support and good strategic advice. I would also like to highlight that this team handles complex restructuring and insolvency mandates across different sectors with a hands-on approach that is always up to the challenge and to our satisfaction. "

"Eversheds Sutherland's restructuring team is always available and focuses on the best business interests of the client."

"Quick, highly professional, very well experienced in dispute resolution and bankruptcy. Wide practice regarding disputes in Russian state courts."

"The firm offers you a resonator and efficient team of professionals in restructuring & insolvency with proven expertise that is well versed in the relevant legislation."

"The team is strong and constructive, they thoroughly review and analyse the problems before giving good and clear instructions and solutions. We have worked together for a several years and we are confident that we are in safe hands."

"To be honest, I was positively impressed by the commitment of the restructuring & insolvency team and the technical preparation of all the lawyers with whom we worked."

"Well-thought strategic decisions and roadmap for restructuring, practical and clear solutions."

Exiora

Exiora is a boutique corporate law firm with an office in Moscow, Russia.

 

Focusses / specialisms

The firm is specialised in advising all sides of the table on insolvency proceedings and the related debt restructurings. 


Key clients

Among its clients are Eriell Group, Stupino Metallurgical Company and Kaskad Family.

 

Client feedback: 31st edition (2020/2021)

Insolvency                 

"Quick in their responses - good knowledge of court practice and regulation - proactive and client-oriented approach."

 

Restructuring and insolvency                      

"Excellent balanced team, able to manage large-scale and complexly structured projects; impeccable quality of services according to the strictest international standards, always offer new and non-standard approaches to solving problems."

"Exiora's lawyers are competent experts in the issues of dispute support, and therefore can offer working plans for the resolution of specific conflicts. For this reason, I address to them the most difficult issues on which we do not have enough competence. Moreover, the high level of expertise and the practice of applying the law is a kind of guarantee that their advice will be exclusively applied, practical in character. Besides, they create the impression of a business approach to solving situations."

"Professionalism, creativity."

"Prompt and professional solution of issues, strong support in difficult situations, effective communication and special attention to the specifics of our work."

"The firm's lawyers have proven themselves as highly qualified professionals capable of making quick decisions in litigation. The firm's specialists prepared high-level procedural documents. The strategy chosen by lawyers has repeatedly led to court victories."

EY Law

EY is a corporate law and tax firm with Russian offices in Moscow, Ekaterinburg, Kazan, Krasnodar, Moscow, Novosibirsk, Rostov-on-Don, St. Petersburg, Togliatt. It is part from the well-known law and tax firm Ernst & Young Global Limited which has over 700 offices in more than 150 countries in 28 regions. Only in Russia it has 3,500 employees.

 

Focusses / specialisms

The firm is active in corporate law and project development.

Its M&A team advises clients form banking and finance industry on corporate structuring and entities formations, as well as buyers, sellers and joint-venture partners on a full-range of M&A transactions and corporate structuring and restructurings. Banking and finance is an area where the firm is most active, however the firm has a prolific record in a bread range on industries, including real estate and construction.

In project development it advises concessionaires on concessions in transport.  


Key clients

Among its clients are DSK Avtoban Russia, Togliatti Bypass Concession Company, Kamchatka Region Development Corporation, National Bank Trust, Severgazbank, SBI Bank, Sberbank (Switzerland), Renaissance Securities, RN Bank, Norilsk Nickel, Stupino Kvadrat, Vnesheconombank and Appliwood Investments.

 

Client feedback: 31st edition (2020/2021)

M&A               

"Professional team; high level of expertise and data presentation; completion of the project within a short time frame."

 

Restructuring : Corporate                

"Professionalism, responsibility, sociability."

"Wide competence, high efficiency, reliable results."

FTL Advisers

Founded in 2008, FTL Advisers is a corpora law and tax firm with an office in Moscow, Russia, and seven employees.

 

Focusses / specialisms

The firm is active in banking and finance and corporate and M&A, advising borrowers and sellers on banking and M&A transaction, as well as on corporate restructurings and matters.  


Key clients

Among its clients are Onpoint, AS Consult, Danom, ASG, BSR Agro Trade, Mandalorian, Cito Energy Law Volga Dreams, Millhouse Investments and Amicorp Singapore.

 

Client feedback: 31st edition (2020/2021)

Asset finance            

"The firm provides a comprehensive response to the requested task."

 

Banking and finance             

"This firm is a specialist in its field and performs first-class work. I really feel in love to work with the partners of the firm. Natalya Patseva, Maria Chumanova, Maria Kukla, Daria Nevskaya and others."

 

Financial restructuring                     

"The company's lawyers always promptly give answers to emerging questions, they are always in touch."

Investment funds: Private equity funds                  

"The law firm has wide international experience and they have good know-how on corporate and estate planning structures outside of Russia."

 

M&A               

"The professionalism of the company is at the highest level."

 

Private equity

"Always prompt response to our questions, they give clear and understandable explanation even of the most complicated legal issues so it is very easy for us to make the decision in each situation."

"Deep expertise, prompt reply, customised approach, worldwide coverage."

"Quick answers, depth of knowledge, stable team."

"Sincere commitment to work and personalised approach."

"The company's lawyers provided high-quality and timely legal assistance."

"They are attentive, professional and very responsible."

"They are very focused on the project and going into the details, we appreciate that a lot. "

"They are very quick and profession though being reasonably priced."

"Value, reasonable and conservative billing, fast and reliable, very knowledgeable. "

"We are very happy with them because they do provide not only the advisory but also implementation of all mechanisms offered in the opinion, showing deep knowledge and practice."

 

Project development

"All recommendations of the lawyers are always focused on business problems. Consultations are provided as soon as possible. "

 

Restructuring

"Partners of the company are always in touch. The company organises many educational seminars and webinars. Work quickly."

"The company's lawyers are distinguished by their professionalism, organisation, perseverance and knowledge of the case, which they show to achieve a successful result."

Golden Rule

Golden Rule Law Services is active in restructuring and insolvency and is led by executive partner Arendarenko Inna Andreevna.

 

Focusses / specialisms

The firm has experience advising both in insolvency proceedings.

Key clients

Some of the firm’s key clients include Do-Rus, Svarog, Marka and StroyVenta.

Research period review: 30th edition (2019/2020)

The firm continued to take on work for both creditors and debtors; for example, it advised Do-rus and Poydenko on their bankruptcy proceedings.

Deal highlights: 30th edition (2019/2020)

Do-rus insolvency

Poydenko insolvency

Stroydeloinsolvency

 

GRATA International

Founded in 2001, GRATA International is a corporate law firm with offices in Moscow, Kazan, Rostov-on-Don, Saint Petersburg and Samara with 154 lawyers. Founded in 1992 in Zurich, Switzerland today Grata has offices in 20 countries worldwide.

 

Focusses / specialisms

The firm is active in banking and restructuring and insolvency. It has a prolific record of advising Chinese Development Bank as a lender for direct financing projects, Russian companies on direct financing agreements, project financing, debt restructuring and banking matters, as well as bankruptcy and insolvency proceedings.   


Key clients

Among its clients are China Development Bank, Export-Import Bank of China, ETG, Lenenergo, Offo-trade, Ecos Severo-zapad, Stanyukovich, MTMX, Radostj, Ari-akva and Geostroy.

Herbert Smith Freehills

International firm Herbert Smith Freehills fields a team of 50 lawyers in Russia, having set up in Moscow in 1999.

 

Focusses / specialisms

The firm boasts market-leading banking and finance, corporate and M&A and projects practices.

The firm’s banking team has strength across the board and advises on matters such as the provision of syndicated loans, leasing financings, project financings, and acquisition financings.

The M&A team acts for a mix of international and domestic clients on a range of matters including investments, joint ventures and privatisations.

The projects team regularly assists developers on the construction and financing of Russia’s most prominent energy, infrastructure and PPP developments.

In the restructuring and insolvency space, the firm's expertise covers advising a mix of creditors, distressed companies and shareholders on matters in sectors including energy, media, retail and real estate.

 

Key clients

Notable clients include Sberbank, Goldman Sachs, VTB Bank, Gazprom, Royal Bank of Scotland, ING Bank, Vnesheconombank, Bank of America Merrill Lynch, and Alfabank.

Research period review: 30th edition (2019/2020)

One standout banking deal saw the firm advise Gazprom Pererabotka Blagoveshchensk on the project financing for Amur Gas Processing plant, which is expected to become one of the largest gas processing facilities in the world.

The capital markets team regularly advised foreign clients on regulatory compliance mandates. An interesting engagement saw the firm assist a bank with the development of new template documentation.

The corporate team often took on high-value work such as advising Sberbank of Russia on the sale of a stake in Denizbank. Another eye-catching mandate saw the firm advise on a joint venture in the chemicals sector.

In restructuring the firm often took on roles for banks; a representative deal saw the firm advise a syndicate of banks on the bankruptcy proceedings of a company operating in the agriculture sector.

In the projects space, the firm notably advised Pertamina Rosneft Pengolahan dan Petrokimia on the development of the Tuban Grass Root Refinery and Petrochemical Complex, which is one of Indonesia's largest-ever downstream energy sector projects. Another newsworthy deal had the firm acting for the project company on the construction of Baltic LNG, the largest gas processing facility in Russia.

The firm’s corporate team bid farewell to of counsels Artjom Tamaev, who left for Morgan Lewis & Bockius, and Stanislav Grigoryev, who joined Fix Price. 

Deal highlights: 30th edition (2019/2020)

Amur Gas Processing plan

Baltic LNG

CNODC Dawn Light acquisition of a 10% stake in Arctic LNG 2

Nakhodka Fertilizer Plant

Sberbank of Russia $3.89 billion disposal of a 99.85% stake in Denizbank

Tuban Grass Root Refinery and Petrochemical Complex

 

Hogan Lovells

Hogan Lovells is a corporate law firm with an office in Moscow, Russia. It is part of the global firm Hogan Lovell which employs over 2, 600 lawyers in six continents.

 

Focusses / specialisms

The firm is active in banking and finance, capital markets debt and corporate matters. Its practice includes advising clients on loans, debt restructurings, notes issues and various corporate matters.


Key clients

Among its clients are Alfa-Bank, ING Bank, UniCredit, Natixis, VR Capital, Bank Otkritie, Vnesheconombank, Morgan Stanley, Citibank N.A., Deutsche Bank and VTB Bank.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Lender side  

"Familiar with docs and market, senior supervision."

Inmarine

Established in 2010, Inmarine is a law firm, specialized in Marine Law and related deals, with an office in St. Petersburg.  

 

Focusses / specialisms

The firm is active in project financing and project development, advising on all aspects of marine trade.


Key clients

Key clients for the firm include MSC, BBC Chartering, UECC, Finnlines, Reederei Lautering group), OOCL, Gazpromneft Shelf, Moscow River Shipping Company, Volga Dream Shipping Company, Southern Shipping Company, Yuvas-Trans, Tanker shipping company Navigator, Far Eastern Tanker Company, Hermes-Marine, Gazprom Neft, STRABAG Wasserbau, LNG - Gorskaya, CNGS Engineering, Rubezh-Remstroy, Offshore Project Management, China Communications Construction, Wilh.Wilhelmsen, GAC, Wilh.Wilhelmsen, Delos, Hellmann Eastern Europe, Credo-Trans, Port of Vyborg, Alfa-Leasing, TransFin-M, Interleasing, BlueOrange Bank, VEB-LEASING, Caterpillar, TechnoNicol and Sibur.

Integrites

Integrites is a corporate law firm with an office in Moscow, opened in 2010. It is part of the international law firm Integrites which has offices in Ukraine, Germany, United Kingdom and Kazakhstan.

 

Focusses / specialisms

The firm is active in corporate and M&A and restructuring and insolvency. In corporate and M&A it assists buyers and sellers on the full range of M&A transactions including selling shares and acquisitions, as well as on corporate matters such as moving a business.  

In restructuring and insolvency, it is experienced in advising the distressed side on protection in bankruptcy cases and corporate restructurings.


Key clients

Among its clients are OBI, Lithuanian Railways, Monsoon Accessorize, Magnitogorsk Metallurgical Plant, Elistico Finance and Investments, Vinyl Wallpaper Factory, Unity Ventures and BAI, Source Code Capital Riso Kagaku Corporation, Panasonic Rus and J&t Bank.

Iusland Law Offices

Iusland Law Offices is a Russian corporate law firm with an office in Saint Petersburg, founded in 2009.

 

Focusses / specialisms

The firm is focussed on restructuring and insolvency. It advises clients at all sides of the table on bankruptcy cases and disputes.


Key clients

Among its clients are O’KEY Group, Filbert and AlfaStrakhovanie.

 

Client feedback: 31st edition (2020/2021)

Project development : Transport                 

"The shortest time of providing advice - working in 'one shot' consultation, which means that our problem is resolved very pragmatically. We are able to get a reply 24-hours, 7 days a week. Very polite and respectful specialists."

 

Restructuring : Corporate                

"Iusland Law Offices is a firm that is stable and trustworthy. The experts who work there have really high standards for their work, they're thoughtful and have years of experience in different fields, which makes them professionals in the area of law."

 

Restructuring and insolvency                      

"The advocates of the bureau are highly professional lawyers, constantly improving their knowledge in various areas of law and litigation. "

Jurinflot International Law Office

Jurinflot International Law Office is a Russian law firm specialized in Maritime law, founded in 1929. It has an office in Moscow and a team of 12 lawyers. 

 

Focusses / specialisms 

The firm is active in project development, advising clients on contracts in the energy sector. 

 
Key clients 

Among its clients are Skuld, Standard Club, UP P&I Club, West of England, Ingostrakh, Allianz, Marsh, Trafigura, Merrill Lynch, Sovcomflot Group and Gazprom Group. 

 

Client feedback: 31st edition (2020/2021) 

Project development 

"As a result of Jurinflot teamwork the amount of a claim against our company was reduced by more than 50%." 

JUS COGENS

Jus Cogens is a corporate law firm with an office in Yekaterinburg. 

 

Focusses / specialisms 

The firm is active in restructuring and insolvency, advising all sides of the table on bankruptcy cases. 

 
 

Client feedback: 31st edition (2020/2021) 

Restructuring and insolvency 

"Efficiency, clarity, transparency of actions and the cost of work, a good result." 

Kachkin & Partners

Kachkin & Partners is a full-service Russian law firm with an office in Saint Petersburg. Founded in 2001, today the firm employs 25 lawyers.

 

Focusses / specialisms

The firm is highly experienced in both project development and project finance. It also has a track-record of deals in corporate and M&A and restructuring and insolvency.

Its project finance and development practices have a clear focus on advising concessionaires on the financing, the design and the development of PPP projects and contracts in a broad range of industries, including construction, transport, healthcare and education.

In corporate and M&A it is experienced in advising all sides of the table on sales and acquisitions, as well as on corporate matters such as company reorganizations and expansions.

In restructuring and insolvency, it is particularly active in advising all sides of the table on bankruptcy proceedings and disputes.

The firm is active in all sectors, most notably in construction, IT, transport, healthcare, education and energy.  


Key clients

Among its clients are Seven Suns Development, Krasnaya Strela, Baltic Commerce, Gazprombank, Sberbank, VEB.RF, Promsvjazbank, Gelendzhik Seaport, Pola Group, Pet Technology, Johnson & Johnson, Peterhof, RZD-Invest

 

Client feedback: 31st edition (2020/2021)

Capital markets : Debt

"When our client did not pay under the contract, and declared itself bankrupt, it was very difficult to find an account from which it was possible to write off the prevails. But thanks to the company Kachkin & Partners, on the basis of a court decision, the aristal was found and the relevant account was found from which the prevails had been written off the prevails on our side."

 

Insolvency

"Good case analysis Good advice on case strategy. Very accurate operational support and remarkable attention to detail."

"Kachkin & Partners provides fast and well-prepared reports on questions which relate to our company's court cases and special projects. We've noticed an excellent cross-disciplined expertise in the area of insolvency and real estate, which suits our company well since we've been working with that type of questions for more than 15 years."

"The firm possesses notable expertise in handling insolvency cases. In its work, the team demonstrates thorough planning of strategy and tactics and always provides me with effective practical solutions. "

"The team is hard-working, they were successful in managing large quantities of documents and data. They are also very client-focused, highly experienced in insolvency cases and manage to find the best possible solutions in every situation."

 

M&A

"The depth and breadth of their partners' expertise and professional knowledge ensures that they are able to support every client's business needs successfully and provide high-quality legal solutions."

"The team is great to work with, the lawyers are efficient, experienced, professional and reliable. They are really client- and business-oriented."

 

PPP/PFI

"Deep legal competences in different spheres of PPP projects. "

"Excellent practical understanding of the industry regulations, strong communication skills, always on schedule, orientation on the client's needs."

"Experts of Kachkin & Partners are highly qualified specialists in PPP, real estate and legislation in the sphere of education (the project concerns the construction of an education centre). They attentively researched all details of the project, answered all questions and pointed out all risks of the project."

 

Project development : Infrastructure

"Good knowledge of the subject, client-oriented, accurate with the deadlines."

"Professionalism and convenience. "

 

Project development

"Dive deep into the problem."

"They worked promptly and creatively, the wording was clear."

 

Restructuring and insolvency

"Expertise and deep knowledge of Russian regulations of company under restructuring-bankruptcy procedure."

"Professional, practical and structured advice. Perfect support for reasonable price. "

"The lawyers are responsive, creative in their advice and are committed to an in-depth understanding of our business. "

"The team is hard-working, they were successful in managing large quantities of documents and data. They are also very client-focused, highly experienced in insolvency cases and manage to find the best possible solutions in every situation."

"The team is very helpful and has provided us with great professional assistance in various legal matters for many years."

"The team is well organised, thorough and responsive, with particular attention on finding solutions and keeping the client always updated. The lawyers show an excellent level of professionalism, together with remarkable technical knowledge of the matters."

"The team shows very extensive knowledge, experience and practical approach to the issues. We have worked with the firm for many years already and are happy with the dedicated and hard-working team."

"The team understands the customer's needs and provides high-level professional advice for the reasonable price. "

"Very professional and deep knowledge of the bankruptcy law and procedures."

Kanishevskaya. and Partners

Kanishevskaya. and Partners is a corporate law firm with an office in Moscow. 

 

Focusses / specialisms 

The firm is active in restructuring and insolvency, advising distressed companies on insolvencies and bankruptcies. 

 
Key clients 

Among its clients are Univer Capital, AllianceTelecommunications, VTB Bank, UniCreditBank, SAKS Igrushki, Pushkin, SeleznevaMinistry of Culture of the Moscow Region and Tornado 

 

Client feedback: 31st edition (2020/2021) 

Restructuring and insolvency 

"The team maintains the highest professional standards, deep and comprehensive understanding of our business and legal issues in question. The lawyers helped us to resolve all the complicated issues quickly and demonstrated a result-oriented approach, positive and sophisticated way of thinking. "

Kazakov & Partners

Founded in 2003, Kazakov & Partners is a Russian law firm with an office in Moscow. It has a team of nine attorneys and over 30 legal professionals.

 

Focusses / specialisms

The firm specialised in restructuring and insolvency, advising creditors on bankruptcy proceedings in the energy sector, in particular oil and gas and power.


Key clients

Among its clients are Gazprom, Mosenergo, Sinko-Bank, Gazenergoset Resurs and Gazprom Centrremont.

 

Client feedback: 31st edition (2020/2021)

Insolvency

"Distinguishing qualities of the law firm are effectiveness, professionalism, results-focused, flexible pricing policy."

"The bureau is distinguished by its focus on results, as well as the desire and ability to achieve the goals."

 

Project development : Energy

"We are really impressed with this law firm's work. They are the best in procurement/antitrust in Russia jurisdiction."

 

Restructuring and insolvency

"Thanks to the advocates, the bank received a large volume of debt repayment, incl by way of concluding amicable agreements, which made it possible to preserve the bank's business projects."

"Thanks to the advocates, the bank received a large volume of receipts for the repayment of debts to the bank, incl. at the stage of negotiations with the participation of attorneys."

Khrenov & Partners

Khrenov & Partners is a Russian law firm which established its first office in 2003 and today it already has offices in Moscow, St. Petersburg and Ekaterinburg and over 50 lawyers. It is part of the global network of law firms The Interlex Group.

 

Focusses / specialisms

The firm is specialized in restructuring and insolvency, advising creditors, distressed companies and private individuals on bankruptcy proceedings and disputes.


Key clients

Among its clients are Pulkovsky Group of Agricultural Holdings, Losa, Mosgorsvet, Akashevskaya Poultry Farm, Enex, and Gazpromneft.

 

Client feedback: 31st edition (2020/2021)

Insolvency                 

"The lawyers are well qualified in all legal aspects related to the construction industry and legal representation of creditors in insolvency disputes."

 

Restructuring and insolvency                      

"The firm's lawyers are very efficient and competent, they have the deepest understanding of the tasks the client is facing. They provide the client with full legal support and are able to find creative solutions."

Kiap

Independent law firm Korelskiy Ischuk Astafiev and Partners is led by managing partner Andrey Korelskiy and maintains an office in Moscow.

 

Focusses / specialisms

The firm is best recognised for its M&A work.

Sectors of activity include logistics, transport, food and beverage, engineering, retail and technology.

Key clients

Recent clients include Car Market Expert, Codest Engineering, DSV Panalpina, Inforum, and Okha Construction Company.

Research period review: 30th edition (2019/2020)

In a recent corporate highlight, the firm advised a shareholder of Citymobil on matters related to the Mail.ru Group and Sberbank joint venture. Other interesting work includes advising on the merger between DSV and Panalpina and advising Inforum on an acquisition by Barry Callebaut Group.

In the restructuring space, the firm advised Codest Engineering in the bankruptcy of financial and industrial corporation, Satori.

In 2019, law firms KIAP, DS Law and Balashova Legal Consultants were consolidated under one brand, KIAP Digital & Smart.

Deal highlights: 30th edition (2019/2020)

Barry Callebaut Group acquisition of Inforum

DSV / Panalpina merger

Mail.ru Group / Sberbank joint venture

Client feedback: 30th edition (2019/2020)

Financial and corporate

“In my opinion, KIAP is the firm of many advantages for a businessman with a lack of time and with broad interests in different industries. Each specialist in Banking practice is proactive, reliable, proficient in law and tuned in business dynamics. I would point out the Head of practice, Roman Suslov, who is brilliant in brief, succinct, but sophisticated delivery of information on legal risks.”

 

M&A

“Constant and stable legal support in very uneasy and creative questions on the merger and integration.”

“KIAP team is responsive, available and provides great services. KIAP lawyers are excellent professionals and know their job. KIAP team is always ready to provide me with the most effective solution.”

King & Spalding

International law firm King & Spalding’s Russia office is located in Moscow and is managed by partner Sergey Komolov.

Focusses / specialisms

The firm is recognised for its M&A and project development expertise.

Sectors of focus include energy, natural resources, technology and media, real estate and banking and financial services.

Key clients

Notable clients include Rosneft, Otkritie Financial Corporation, Russian Direct Investment Fund, ALFA-BANK, IFC Bank, Gazprom Neft, Oil India and Total System Services.

Research period review: 30th edition (2019/2020)

The firm recently advised on several joint ventures; a representative deal saw the firm advise on a joint venture between Mubadala Petroleum, Gazprom Neft and Russian Direct Investment Fund. A high-value mandate saw the firm act for a confidential client in disposing of real estate assets.

The firm was hit by the departure of partner Jennifer Josefson to Morgan Lewis & Bockius.

Deal highlights: 30th edition (2019/2020)

Mubadala Petroleum / Gazprom Neft / Russian Direct Investment Fund joint venture

Kovalev Tugushi & Partners

Founded in 2004, Kovalev Tugushi & Partners is a Russian corporate law firm with an office in Moscow.

 

Focusses / specialisms

The firm is specialized in restructuring and insolvency, advising the financing side and the distressed side on bankruptcies and corporate restructurings. It’s active in various industries, including construction, agriculture, financial, private wealth and real estate.


Key clients

Among its clients are Prestige-Mol.

 

Client feedback: 31st edition (2020/2021)

Banking and finance             

"High level of professionalism. Deep knowledge of insurance, financial, commercial and procedural law."

 

Insolvency                 

"This team of lawyers is distinguished by a deep knowledge of the legislation, the ability to find a way out of the most difficult situations, a very quick reaction to client requests."

 

Restructuring and insolvency                      

"This firm is just perfect. It has an excellent team of lawyers who know everything about the restructuring processes. They are also really strong in our industry - agriculture. We certainly wouldn't have managed without them."

"This is one of the strongest firms in this area, they are leaders in the area of insolvency in Russia and deal with the largest restructuring projects for corporations, inter alia, in the construction industry. They also assist with famous personal bankruptcies (insolvencies) of developers and investors. "

 

Restructuring            

"Kovalev, Tugushi & Partners is very considerate to its client's cases, client-oriented. Its experts always suggest several possible solutions, in full measure accommodates the interests of all shareholders, meet deadlines. The law firm applies best legal world and national practices. They know how to explain to the client very difficult legal items in a very clear and simple way. "

KPMG

KPMG is an audit, tax and corporate law firm which has opened its first office in Russia over 30 years ago. Today, it has offices in Moscow, Ekaterinburg, Kazan, Nizhny Novgorod, Novosibirsk, Rostov-on-Don, St. Petersburg, Krasnoyarsk and Voronezh. It is part of the global firm KPMG which has 22 offices, employing over 5, 000 people.

 

Focusses / specialisms

The firm is active in corporate and M&A. It assists clients with due diligence reports, structuring of projects, purchases, acquisitions and share transfer agreements. It’s active in all industries, with a particular focus on oil and gas.


Key clients

Among its clients are Rosneft, Lukoil, Kazmunaygas, Sberbank, Moscow Credit Bank, VTB and Promsvyazbank.

 

Client feedback: 31st edition (2020/2021)

Project finance          

"Deep analysis of legislation, orientation of the interests of the client, a logical and understandable presentation of consultations."

Latham & Watkins

Latham & Watkins is a full-service corporate law firm with an office in Moscow since 1992 where 20 legal professionals practice Russian, English and US law. It’s part of the American multinational law firm Latham & Watkins, founded in 1934, which comprises 3,000 lawyers, working across 14 countries.

 

Focusses / specialisms

The firm is active in all areas of corporate law.

In banking and finance the firm assists arrangers, borrowers and lenders on various kinds of direct financing facilities, including credit facilities and loan facilities, as well as project financing and acquisition financing.  

In capital markets it’s active in both, debt and equity. In capital markets debt it advises mainly issuers on the full range of loan participation note issues and bond issues. In equity it advises shareholders on listing shares, and issuers and underwriters on IPOs and ordinary shares, listed on Moscow Stock Exchange, London Stock Exchange and Astana International Exchange.  

In corporate and M&A the firm advises clients on acquisitions, mergers, sales and joint ventures in various industries, including TMT, finance, mining and oil and gas.


Key clients

Among its clients are Gazprom Neft, Sistema, Sovcombank, TCS Bank, Alfa Bank, Gazprombank, Sberbank, VTB, Banca Intesa Sanpaolo, Goldman Sachs, ING, HSBC, UBS, VEB, Citigroup, JP Morgan, Headhunter, Tinkoff Bank, Detsky Mir, NAC Kazatomprom and DTEK.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Lender side              

"Efficient, client-oriented, flexible and commercially focused."

"Meet tough deadlines."

 

Capital markets : Debt                      

"Key positive attributes of the team include: excellent expertise in the Eurobond market in Russia and CIS. In particular the team has great knowledge of subordinated capital instruments; the team has fully capacity to execute transactions from Moscow as they have US, UK and Russian partners permanently based in the Moscow office; Russian lawyers are able to handle the disclosure, the due diligence and transaction documents, which makes it easier for the client; and the team is able to deal with political or sensitive topics with our interests in mind and will fight to defend our position against other counterparties. "

 

M&A               

"The firm was ready to invest all the resource and efforts available to support us in a project with a number of unexpected obstacles (including the exit of one of the counterparties in the deal on the signing date, Covid restrictions, etc.). L&W was also prepared to share the risks of significant protraction and changes of scope."

 

Project finance                      

"Their team is strong technically and can draft transaction documents upon request with excellent quality."

Lecap

Founded in 2012, domestic law firm LECAP has offices in Moscow, St. Petersburg and Vladivostok.

 

Focuses / specialisms

The firm is best known for its capital markets work and is also active in corporate and M&A, projects and restructuring and insolvency.

The capital markets team advises across the gamut of debt and equity offerings.

 

Key clients

Notable clients include Eurotorg, Sberbank CIB, Sibinveststroy, Ecotechnopark Vostochniy, Centrresurs Service, Supremum Capital and Russian Railways.

 

Client feedback: 31st edition (2020/2021)

Capital markets : Debt

"The firm has substantial and profound knowledge of the Russian corporate debt market and professionally guides the issuers through the relevant fast-changing legal environment. "

 

Project finance

"Deep understanding of PPP and concession legislation and market."

Legal Pro

Legal Pro is a boutique firm located in St Petersburg. Anastasia Fomicheva and Anna Chaykina are key partners at the firm. The firm is the sole Russian member for corporate law of the IR Global network.

 

Focusses / specialisms

The firm focuses on corporate and M&A and private equity work for clients in the technology, chemicals and machinery sectors.

Key clients

Publishable clients include Kronstadt Marine Plant.

Research period review: 30th edition (2019/2020)

Recent highlights include advising a private equity firm on acquiring a retailer and advising the sellers of a group of manufacturing companies.

Deal highlights: 30th edition (2019/2020)

PALFINGER acquisition of PM Group Lifting Machines

Lemchik Krupskiy and Partners

Founded in 2002, Lemchik Krupskiy and Partners is a Russian law firm headquartered in Moscow.

 

Focuses / specialisms

The firm is recognised for its corporate and M&A practice and is experienced in advising both buyers and sellers.

 

Key clients

Key clients include Zdorovje LLC, Chaika group of companies, Glavstrojinzhiniring, Climatika, Zelenaya Tochka, Meredian Logistic, Kenguru group, VERA & OLYMP and DMI (Dyatkovo).

 

Client feedback: 31st edition (2020/2021)

M&A

"LKP for us is a constant legal support. It is important for us that our lawyers have expertise in our industry. LKP is a proven professional in the support of retail companies. A very well-coordinated team."

 

Project development

"Top lawyers. Very high level and service of lawyers. A close-knit team. High quality not only heads of practices and managing partners, but also lawyers within these practices. This is an indicator of a successful company. We work a lot with CIS contractors. LCP lawyers develop supply contracts, coordinate transactions, and have a great competence in this region."

 

Private equity

"Smart lawyers with unconventional thinking. They find ways to solve problems that are not visible at first glance. This atypical thinking is something special for lawyers. We are glad that we were advised by such a company as Lemchik, Krupskiy & Partners. They are very comfortable to work with."

 

Restructuring : Corporate

"Client-centred, competent, high-quality law firm."

Lidings

Independent law firm Lidings was established in 2006 and is led by managing partner Andrey Zelenin. The firm maintains an office in Moscow.

 

Focuses / specialisms

The firm is active in banking and finance, corporate and M&A, and restructuring and insolvency.

Sectors of activity include aviation, banking and financial services, telecommunications, media, healthcare and manufacturing.

 

Key clients

The firm has acted for Park Huaming, Essilor, Glenmark, China Aircraft Leasing Group Holdings, and Aviation Services.

 

Client feedback: 31st edition (2020/2021)

M&A

"Professional, business-oriented approach."

Linklaters

With an office in Moscow since 1992, magic circle firm Linklaters in Russia fields a team of 70 lawyers under the leadership of managing partner Denis Uvarov. 

Focusses / specialisms

Linklaters is among the best financial and corporate law firms in Russia and has strength in banking, debt capital markets, M&A, and restructuring and insolvency.

The firm’s banking team often acts for international and domestic lender banks on loans to Russian companies. On project finance matters the firm also acts for both sides.

In the capital markets space, the firm has strong expertise and experience representing underwriters on bond issuances.

The firm regularly takes on many of the market’s largest transactions in the M&A area. Working for both acquirers and sellers, the firm is consistently strong across a diverse range of sectors from financial institutions to healthcare and mining.

In projects, the firm has experience advising clients throughout the project life cycle.

Key clients

Noteworthy clients include Credit Suisse, Deutsche Bank, Gazprombank, JBIC, Sberbank, AXA, MTS, RDIF, Rosneft, Novatek and VEB.RF.

Research period review: 30th edition (2019/2020)

The banking team predominantly acted for financial institutions; a standout deal saw the firm act for the lender in the largest ever Russian law syndicated financing to date. The firm also advised on the financing of the Arctic 2 LNG project.

In capital markets, the firm took on roles for clients such as global coordinators, bookrunners, lead managers, and arrangers on matters such as secondary public offering and project bonds. The firm notably advised on the first green bond issue out of Russia and the CIS region and on the first-ever issuance of a Eurobond by an Uzbek company.

An eye-catching M&A deal saw the firm advise RDIF on the high profile formation of the AliExpress Russia joint venture. Another high-value mandate saw the firm advise LetterOne on a joint venture which led to the formation of the largest independent European oil and gas exploration and production company.

In the projects space, the firm advised on the construction and financing of the Serbian Gas Interconnector pipeline.

Deal highlights: 30th edition (2019/2020)

AliExpress Russia joint venture

Arctic 2 LNG

DEA Deutsche Erdoel / Wintershall joint venture

Serbian Gas Interconnector pipeline

Udokan Copper deposit

Yamal LNG

Client feedback: 30th edition (2019/2020)

Banking

“Attention to business needs of the clients, excellent professional legal skills, and quality of documents. It is much more than legal counsel - it is a good project manager.”

“High qualification of employees.”

“Proactive focusing on main risks and possible solutions.”

 

M&A

“Legal risks assessment and finding custom solutions.”

“The firm offers personalized service, 24/7 availability and high-quality technical and practical advice. Their lawyers have the talent to assist companies in all aspects of business and legal strategies and demonstrate excellent legal knowledge, business judgment and understanding of commercial issues.”

Lurye Chumakov & Partners

Formed in 2015, boutique law firm Lurye Chumakov & Partners was formed by the union of Norland Legal and NewLawyers. Vladislav Lurye and Andrei Chumakov lead the firm as co-managing partners.

Focusses / specialisms

The firm is active in the corporate and M&A space and often acts on mandates involving technology startups. The firm is also active in the investment funds space and notably acts on about 10% of all existing investment funds activity in Russia.

Key clients

The firm was recently active for clients including Russian Venture Company, VEB-Innovations, Da Vinci Capital, Far Eastern High Technology Fund, and InfraKAP.

Research period review: 30th edition (2019/2020)

Recent highlights include advising on fund formation, investment partnerships, cross border acquisitions, restructuring and joint ventures. One high-value mandate saw the firm advise on a cross border investment partnership agreement in the agriculture sector.

The firm expanded its bench with the addition of partner Denis Ryazanov and of counsel Sergei Lapin from Nadmitov Ivanov & Partners.

Deal highlights: 30th edition (2019/2020)

Far Eastern High Technology Fund $3 million investment in Cinemood

Mail.ru Group investment in Algorithmika

Softline acquisition of a 100% stake in High Technology Center

Client feedback: 30th edition (2019/2020)

Investment funds

“Knowing the details.”

 

M&A

“Quick, efficient, and business oriented.”

 

Maxima Legal

Maxima Legal was founded in 2001 and has offices in Moscow and St Petersburg.



Focuses / specialisms

The firm is active in M&A, project development and restructuring and insolvency.

Sectors of focus include real estate, construction, industrial, oil and gas, manufacturing, and technology.

 

Key clients

Key clients include Trust Bank, Marine Geology Services, Inteco, Stroyproekt Engineering Group, Gatchina Gardens Urban Development, Bakulin Motors Group, Rosseti Northwest, Ilim Group, MPS-pooling systems, Marine Geology Services, VLK Oil and AltaVina Group.

 

Client feedback: 31st edition (2020/2021)

Insolvency

"Very prompt responses. Professional approach."

Milton Legal

Milton Legal is a Russian law firm focused on restructuring and insolvency work. The firm’s areas of presence are Moscow, Saint Petersburg and Rostov-on-Don

 

Focuses / specialisms

The firm specialises in bankruptcy and restructuring cases in Russia.

 

Key clients

AUTO LEYMANN, BSK-Managing Company, KOLSKY OIL TERMINAL, Kolkhoz Klinsky, Consortium, Moskovskiy poligraficheskiy dom, YurSpetsService, Rostopprom-Saratov, Tsargrad, ISMA, Murmansk Shipping Company and Belokamenka.

 

Client feedback: 31st edition (2020/2021)

Insolvency

"Extensive experience in bankruptcy proceedings. Fight for your client. Protection of interests and preservation of business."

"Working with Milton Legal for almost 10 years, I became convinced of the professionalism of the partners and lawyers of this firm. The approach to work is always at the highest level."

"Working with Milton Legal was a pleasant experience. Consultants are very responsible in their approach to the tasks. They actively cooperated with us during the entire work process, which in turn could help us to do our job with high quality."

 

Restructuring

"Because Milton covers a large number of practices, they are extremely useful in almost any case where the participation of lawyers is required. But it is worth noting separately their practice of restructuring and insolvency. As a lender, I really appreciate their expertise in this area. Thanks to the efforts of Milton's lawyers, I was able to recover assets from the bankrupt companies."

"Excellent lawyers. In work with Milton Legal I especially like their knowledge of the laws and non-standard ways of applying them. I think that this quality is most useful for lawyers."

"Milton Legal is undoubtedly a master of restructuring and bankruptcy. Their many years of experience in this area helps even actively working and developing companies to improve their economic performance and prevent bankruptcy risks."

 

Restructuring and insolvency

"They use an integrated approach. Our cases are always very voluminous and include many branches of law, both Russian and foreign. Mitra's lawyers have a high level of expertise in various areas of law, this is important for us."

"While teamworking, I like their ability to work in a company the most. They know how to distinguish between areas of responsibility and competence. Usually, when several different law firms work on projects, they begin to try to look the best in front of the client, forgetting about the common goal. Mitra knows how to work for results."

Mitra Law Offices

Mitra Law Offices is a Russian law firm with offices in Yessentuki, Moscow and Krasnodar.

 

Focuses / specialisms

The firm is uniquely specialised in restructuring and insolvency work related to national monopoly companies in Russia, as well as companies that are special subjects of national monopolies. The firm is often seen on large restructuring and insolvency cases in the country.

 

Client feedback: 31st edition (2020/2021)

Restructuring and insolvency

"They use an integrated approach. Our cases are always very voluminous and include many branches of law, both Russian and foreign. Mitra's lawyers have a high level of expertise in various areas of law, this is important for us."

"While teamworking, I like their ability to work in a company the most. They know how to distinguish between areas of responsibility and competence. Usually, when several different law firms work on projects, they begin to try to look the best in front of the client, forgetting about the common goal. Mitra knows how to work for results."

Morgan Lewis & Bockius

Established in 2012, Morgan Lewis & Bockius’ Moscow office works closely with the firm’s offices in Almaty and Nur-Sultan.

 

Focuses / specialisms

The firm is best known in Russia for its strong banking, M&A and projects work.

In banking, the firm has a notably strong prepayment finance practice, where it regularly completes deals on commodities including oil, coal and gold.

The firm has strength across several sectors in the M&A space and works for clients on a mix of cross-border acquisitions, financial investments, joint ventures and mergers.

The firm’s projects team is best known for its transactional work within the mining, power and oil and gas sectors, where it often works with international clients.

 

Key clients

Noteworthy clients include Chevron, Gazprom Neft, Petronas, HSBC, Sberbank, Société Générale, China National Petroleum Company, and Enel.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Lender side

"Extremely efficient and timely advising on the transaction issues. Providing helpful solutions in non-standard situations. Client-oriented fee caps."

"ML always meet the deadlines. ML always bring solutions instead of problems that something will not work."

"Responsible approach, responsiveness to the requests, broad expertise in various jurisdictions."

"Efficient, good response times, client-oriented, flexible and commercially focused. "

 

Banking

"I can confidently say that the team meets the highest standards expected in the Russian market: an excellent team of professionals with extensive practical experience, works very smoothly, always meeting deadlines. I can confidently recommend as one of the best lawyers."

"Morgan Lewis is a very solution-oriented, proactive and efficient firm. Morgan Lewis provides outstanding advice and has perfect understanding of the Russian market."

"Excellent knowledge of the market; prompt and meaningful responses to all inquiries; high drafting skills."

"Fast, deep and comprehensive approach. "

"Highly professional, available 24/7, constructive problem-solvers, great negotiators and very pleasant to deal with."

"Professionalism, speed, team depth, problem-solving."

 

Banking and finance

"1. Professional. They understand trade finance, have extensive experience in this field, therefore it was comfortable for our team to work with them. 2. Responsible. They keep deadlines, attentive to details. 3. Thoughtful. They did not simply perform our instructions, they provided thoughtful input. This gave us a good sense of comfort, that our interests are being taken care of. 4. Passionate. They perform the work not just for the purpose of performing. They showed much passion as if that was their own business. 5. Available. When they worked for us, we had a feeling that we were their only client."

"Morgan Lewis always has a very strong professional practice in the loan market especially when strong securities are involved. The lawyers are keen to find creative and efficient solutions for the client. "

"Morgan Lewis is very client-oriented and solution-oriented firm. The firm is a recognised leader on the Russian prepayment finance market. The firm is reliable and responsive. Morgan Lewis provides outstanding advice and has perfect understanding of the market."

"Proactive, professional, prompt."

"Great knowledge of the specifics of the financing transactions, including prepayment finance structures, and particularities of the oil trading business (trading contracts, sanctions compliance procedures, payment mechanics, etc). Able to work efficiently on any side of a financing transaction (for a borrower and for a financier)."

"1. High level of professional skills. 2. Attention to details. 3. Balance of interests of creditors and clients. 4. Availability."

"ML lawyers have a deep expertise, they approach everything in a most thorough manner. "

 

M&A

"Excellent expertise in all of the legal aspects of M&A transaction; prompt and valuable legal support in all the stages of M&A deal; strong negotiation support; high professional and ethical standards. "

"Prompt and professional advice on M&A legal issues; state-of-art level of coordination of all the transaction processes in legal workstream; strong negotiation support; -high professional and ethical standards."

"Morgan Lewis is a global law firm with substantive presence in Russia. It has a strong team of lawyers with comprehensive experience throughout local markets in Russia and the CIS countries. The TMT team is an important asset of the firm with its broad practice and deep knowledge of legislation. They are an excellent choice for TMT-related projects in Russia, TMT M&A in particular. "

"Professional advice on transaction issues. The ability to perfectly assess risks in different international jurisdictions. Transaction support during both preparation, planning and execution. Excellent work and a well-coordinated team."

"Understand very well client's needs, deliver results quickly and efficiently."

"The firm demonstrates excellent knowledge of the law and command over M&A processes, the advice is always precise and professional. The firm is surely a client-oriented one and one of the best in terms of antitrust regulations."

"Very strong negotiation skills, responsiveness, meeting time constrains. "

 

Private equity

"Morgan Lewis has strength and depth in the areas in which we operate and their ability to scale up the team on short notice was particularly impressive."

 

Project development

"Well done, useful output successfully implemented to finalise the project."

 

Project development : Energy

"Strong knowledge of Russia's oil and gas regime as well as the expectations of international investors. Good negotiators. "

"The PSA matters are generally complex and require specialist advice from a law firm which is highly familiar with the legal framework and key oil and gas players/regulators in Turkmenistan."

"Incredibly responsive with the ability to deliver high-quality advice under stretched time lines. Strong commercial sense. Advice always takes into account political factors at play that may have an impact on the deal structure in the long run. Fully understand the range of factors that affect our business and are able to quickly identify and handle critical and complex legal issues, often bringing non-legal factors into advice. Have expertise on wide range of cutting-edge and complex transactions across the full spectrum of the energy value chain, which probably is unmatched by any other law firm in Russia."

"The individuals I instruct: experience and legal/commercial acumen - global reach/coverage - knowledge of sector. "

"They have experience with PSAs in Russia and in combination with US law and Russian law expertise and knowledge it gave us the required level of advice. "

"Very strong commercial sense, incredibly responsive with the ability to provide high-quality advice within stretched timelines and under time pressure. Strong understanding of both the legal and political environment and can advise on a wide range of cutting-edge and complex transactions across the full spectrum of the energy value chain, coupled with the understanding of the full range of factors that affect the business of the client, enabling them to quickly identify and handle critical issues (often bringing non-legal factors into their advice)."

 

Project finance

"They have a highly professional team available 24/7, a constructive approach to solving problems and going through tough spots in negotiations, and are in general very pleasant to deal with. "

"They have the necessary refined expertise in the area."

"It is always a great pleasure working with Morgan Lewis, which is one of the best firms on the market. The team is committed, efficient, fast and professional. The pricing for the services is very competitive and it's the best value for money on the market."

"The Morgan Lewis team is extremely responsive, efficient and client-oriented. They have extensive experience in major Russian law and English law project financings on the Russian market. They have substantially strengthened their project finance and project development practices in the recent years. "

"Look for comprehensive multi-jurisdictional solutions."

 

Restructuring and insolvency

"Deep knowledge of the restructuring matters. Long-term thinking and strategy development. Proactive approach. "

"Good knowledge of local laws framework, good knowledge of insolvency procedures and regulations. Attention to details. Meeting deadlines. Proactiveness."

"I can confidently say that in these areas, the team meets the highest standards expected in the Russian market: an excellent team of professionals with extensive practical experience, works very smoothly, always meeting deadlines. I can confidently recommend my colleagues as one of the best trial lawyers."

"Morgan Lewis provides creative solutions. The firm has strong expertise in cross-border restructuring and Russian insolvency proceedings. The firm is reliable and responsive. Morgan Lewis provides thought-through advice within tight time frames and has perfect understanding of the market."

"The firm has an outstanding restructuring practice and very strong expertise in insolvency law and practice."

"The Morgan Lewis team is standout for its creative thinking and can-do attitude. I would not use anyone else."

Nadmitov Ivanov & Partners

Moscow-headquartered law firm Nadmitov Ivanov & Partners was founded in 2008 and is led by managing partner Alexander Nadmitov.

Focusses / specialisms

The firm is recognised for its corporate and M&A and restructuring and insolvency work.

Sectors of focus include energy, fintech, technology and mining.

Key clients

The firm was recently active for clients including Rivulis Irrigation, MM Trust, Association of Leaseback Leasing, and State Farm Rodniki.

Research period review: 30th edition (2019/2020)

One standout corporate deal saw the firm advise on the formation of a joint venture in the transport sector. Another interesting mandate saw the firm represent the buyer in the acquisition of a majority stake in a company operating in the manufacturing space.

In restructuring and insolvency, the firm was active for clients such as creditors and bankruptcy managers.

Deal highlights: 30th edition (2019/2020)

Rivulis Irrigation / Polyplastic joint venture

MM Trust€3 million investment in Brand Quad

Client feedback: 30th edition (2019/2020)

M&A

“Very cooperative, good response time, understanding the problem, and its legal aspects.“

“Great firm, very responsive, reasonably priced, and super reliable.”

 

 

Nektorov Saveliev & Partners

Founded in 2006, Nektorov Saveliev & Partners (NSP) is headquartered in Moscow. Alexander Nektorov leads the firm as managing partner.

 

Focusses / specialisms

The firm has a diversified practice and is ranked for its banking and finance, capital markets, corporate and M&A and restructuring and insolvency work.

The firm has experience across a variety of sectors including banking and finance technology, mining, food and beverage, agriculture and transport.

Key clients

The firm has acted for Alibaba, KT&G, Zoomlion, AgroChina, Novaport, Swiss Global Financial Group, and Polyus. 

Research period review: 30th edition (2019/2020)

The corporate team recently advised on matters including acquisitions, joint ventures, and spin-offs. 

In capital markets, the firm advised on the first IPO of a Russian agricultural company on the SGX.

An interesting restructuring mandate saw the firm advise an international creditor on the bankruptcy proceedings of a Russian company.

A development saw the firm start a cooperation with Japanese law firm Uryu & Itoga. The firm further expanded its international footprint by joining GGI Geneva Group International.

Deal highlights: 30th edition (2019/2020)

DonAgro Group SGX IPO

IBS Expertiza acquisition of Aplana IT Innovation and Aplana

Polyus restructuring

Client feedback: 30th edition (2019/2020)

M&A

“Creative solutions to contracts and legal structuring.”

 

Restructuring and insolvency

“It is important for us not only to see the competent work process but also to reach the best result. For that reason, we have already been working with NSP for several years - we are confident in the result. They have a thoughtful and organized approach to work. They take every small step for a specific purpose. At the end of the project, we find ourselves in the best position that we have not always hoped for. And, of course, we appreciate the open communication they provide.”

“A smart team. They achieve excellent results. On-line 24/7, I turn to and quickly receive detailed advice or clear instructions. Also, they make adequate forecasts. From the very beginning, I understand the result I'm striving for and achieve it.”

Noerr

European law firm Noerr is active on the Russian market and operates an office in Moscow.

 

Focuses / specialisms

The firm is strongest in corporate and M&A and is active in banking and restructuring.

The corporate team advises on both the sell and buy-side of acquisitions and advises on joint ventures and restructurings.

 

Key clients

Key clients include VTB Bank, UniCredit, Alfa Bank, ICBC, State Transport Leasing Company, Daimler, Google, Bombardier, Rolls Royce Power Systems, MTU, Bauer Media Group, Volkswagen, UniCredit, Continental, Hennes & Mauritz, SAP, Sberbank, Tatneft, EuroChem and X5 Retail.

 

Client feedback: 31st edition (2020/2021)

Financial services regulatory

"Very responsive. Good at keeping in contact and explaining what is happening. Proactive."

 

M&A

"Very professional and hands-on - very supportive and quick - absolutely reliable and competent in what they do."

"Commercially focused advice against the backdrop of being in Russia (not to be underestimated)."

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm with more than 50 offices and over 3700 lawyers. The firm advises clients in Russia out of an office in Moscow.

 

Focuses / specialisms

The firm in Russia is strongest in banking and projects work and has a well-established corporate practice.

The firm’s banking team is active for lenders and borrowers across matters ranging from syndicated lending to trade and commodity finance. The team is active across diverse sectors such as energy, transport and real estate.

In M&A the firm regularly completes transactions for domestic and international clients in sectors including mining, nuclear energy and oil and gas.

 

Key clients

Key clients include Barrick Gold Corporation, BP Exploration Operating Company Limited, Gazprom, Novatek, Rosatom, Russian Direct Investment Fund (RDIF), Rosneft Oil Company, Sberbank Investments, Shell, Zurich Insurance Company.

 

Client feedback: 31st edition (2020/2021)

Bank lending : Lender side

"Professional, knowledgeable, practical."

"Deep knowledge on this specific type of financing"

"Deep knowledge of local market and legislation."

 

Banking

"They are competent, client-oriented and follow deadlines. "

"They are quick to provide comments and always reasonable to enable SUEK and banks to find common ground."

 

Banking and finance

"Deep analysis, attention to details, helicopter view on whole structure (not only in fragments)."

 

M&A

"Professional, timely support."

"Very quick, reachable, professional."

O2 Consulting

Boutique law firm O2 Consulting has been active since 2003. The firm maintains an office in Moscow.

 

Focuses / specialisms

The firm is recognised for its corporate and M&A work. The firm’s experience covers joint ventures, buy and sell-side acquisitions, buy-outs, and fundraisings.

 

Key clients

The firm’s notable clients list features the likes of VTB Capital, Gazprom Neft, Cifra, ERA Capital, Humans Net Group of Companies, IBS Expertise, and Gagarin Capital Partners.

 

Client feedback: 31st edition (2020/2021)

Investment funds: Private equity funds

"Good expertise and knowledge of practical execution of deals in Russia. Client-oriented approach and good project and time management. They definitely meet our expectations. "

 

Investment funds: Registered funds

"O2 consulting provided a service throughout the transaction which was always on time. The law firm was providing a full-scale service by working simultaneously on tax, finance and legal matters. Given the complexity of the transaction involving 6-7 VCs it was very important that responses were fast and problem-focused so we could have all VCs on the same page. We liked the deep expertise we received from O2 consulting, a team headed by Natalya Kuznetsova."

 

M&A

"Resolve issues promptly and in a timely manner, highly qualified answers, delicate communication"

"The firm features a very creative, solution-oriented and proactive approach under uncertain conditions, ensuring in-depth analysis based on extensive knowledge and specific expertise, which all results in very high-quality deliverables. They are very reliable and dedicated to client's needs, capable of providing really multiple support."

"They have a strong knowledge of Russian and English corporate laws as well as good understanding of Russian/European M&A/venture market. They are hands-on, meet the required deadlines. They understand the client's requirements and needs and are ready to meet them. They are ready to fix capped price for the deal (on a turnkey basis) which is extremely useful for the venture funds."

Olevinsky Buyukyan and Partners

Founded 27 years ago, Olevinsky Buyukyan and Partners is a Russian law firm with a focus on insolvency. The firm has offices in Moscow, Saint Petersburg and Voronezh.

 

Focuses / specialisms

Bankruptcy is the focal point of the firm’s activity. It represents the interests of creditors and debtors on an ongoing basis.

 

Key clients

Deposit Insurance Agency Group, Sberbank, National Bank Trust, Rusnano, Control Systems, Rostec State Corporation, Rusagrotrans, Ekspatel, Volgatransstroy, Orient Express Bank, Bankruptcy Problems Centre, Malino, Ir-leasing, Ladozhskaya Forel and Nefis Cosmetics.

 

Client feedback: 31st edition (2020/2021)

Restructuring and insolvency

"I would like to note that the team responds promptly to all the nuances that arise in the course of work. Individual works deserve a high-quality individual approach to me as a client."

"The lawyers of the law office are highly qualified and have a meticulous approach to business, and always find successful solutions for the tasks assigned to them."

"The main strength of the company is its vast experience in conducting bankruptcy procedures. After contacting them, I was not only provided with an analysis of the situation of the debtor, but also described possible scenarios for the implementation of the project and the risks at each stage."

"The uniqueness of the work of the law office lies, as it seems to me, in a comprehensive approach and the implementation of the most daring ideas, and the strengths in many years of practice and understanding of the specifics of the client's industry - which generally met our main criteria when choosing a contractor for the bankruptcy procedure."

Ost Legal

Boutique firm Ost Legal was founded in 2002 and is located in Moscow.

 

Focuses / specialisms

The firm is known for its focus on project development work in the energy and infrastructure sector. The firm advises on domestic and foreign projects and often acts for foreign clients.

 

Key clients

The firm’s key clients include Elga Coal, EVRAZ, Metalloinvest, OVL Videsh, E.On (Unipro), Rosatom, Highland Gold Mining. INTER RAO UES, StroyGasConsulting, Gazprom and RusHydro.


Client feedback: 31st edition (2020/2021)

Project development

"We have deliberately made our choice in favour of Ost Legal compared to larger firms because of their narrow expertise. Also, a good thing is that 90% of the work is done by partners of the firm. "

 

Project development : Energy

"I was supported at all times and my doubts were immediately addressed by the lawyer assigned to my job."

P&P Unity

P&P Unity was founded in 2011 and is located in Moscow.

 

Focuses / specialisms

The firm has a focus on the projects space, particularly in the areas of project finance and PPP.

Sectors of focus include transport, infrastructure, social infrastructure, and real estate.

 

Key clients

The firm’s notable clients list includes the likes of SberBank, Promsvyazbank, REGION, EFKO and BL Group.

 

Client feedback: 31st edition (2020/2021)

PPP/PFI

"Positive attributes are the firm's impeccable reputation, experienced team of top-tier lawyers and high-quality service. This allowed the team to efficiently prepare legal statements that were used to amend the concession agreement in our favour."

"Quality. Service. Speed. Involvement. Dedication."

"The firm's strongest attribute is its client-oriented approach, which is the reason we continued to work with the firm over the course of several years. They are one of the few firms in Russia that has substantial experience in the outdoor street lighting field. "

"The law firm has a team of highly qualified lawyers, who consistently strive to provide the best services to their clients. They are not only well versed on the subject of PPP but also several industry-based nuances. Their experience expedited the process and left us very satisfied with the results. "

Project development

"Firm's positive attributes include extensive knowledge of structuring and executing PPP projects in Russia. P&P Unity has years of experience in the field, making them a trustworthy partner and consultant. "

"In-depth knowledge of applicable law, regulatory environment and ability to match them with the client's needs. Super cost-efficiency."

 

Project development : Infrastructure

"Positive attributes include flawless reputation and a great team with substantial knowledge and experience in the PPP field. "

 

Project finance

"Outstanding expertise of applicable law and ability to think out-of-the-box while structuring the project. The team fully understands client's needs and best ways to achieve optimal terms. The firm is efficient both in terms of quality of their advice and legal costs."

"P&P Unity is an experienced law firm in the field of project finance and public-private partnership. They offer all the necessary services regarding legal support for launching a PPP project and every aspect of their work is always done well."

"Positive attributes include knowledge, experience, and a professional team of consultants. They do a great job of analysing information and providing valuable feedback regarding the issues in question. "

Pavlova & Partners

Moscow based Pavlova & Partners is a Russian corporate law firm.

 

Focuses / specialisms

The firm’s M&A practice supports leading Russian companies in various industries from mechanical engineering and metallurgy to finance.

Its bankruptcy area is a key priority for the firm, with the team advising on complex and innovative restructuring and insolvency transactions in Russia.

 

Key clients

Key clients include Oiler Hermes Management, Oiler Hermes, BG Asia and Africa, Gruppo Mastrotto and Meriut.

 

Client feedback: 31st edition (2020/2021)

Restructuring and insolvency

"Pavlova & Partners law firm is a successful and dynamically developing company. Over the last year they did a lot for their brand development, became more familiar to people, updated their website and new specialists appeared in the firm. On the whole, the firm makes a pleasant impression. One may say with confidence that the firm is one of the leaders in the field of litigation. "

"A general impression of the firm is quite positive. A great combination of costs and quality of legal aid."

"A young energetic team of litigators who are professionals in their business."

"Pavlova & Partners is a reliable law firm that has been operating in the legal market for many years. The team consists of experienced lawyers with a good professional reputation."

Pepeliaev Group

Founded in 2002, Pepeliaev Group is a full-service Russian law firm with over 160 lawyers spread across Moscow, St Petersburg, Krasnoyarsk, Yuzhno-Sakhalinsk, Beijing and Shanghai.

 

Focuses / specialisms

The firm is active in banking and finance, M&A, restructuring and insolvency and projects work. 

The corporate team is experienced in advising on joint ventures, acting for buyers on acquisitions and conducting due diligence of target companies.

In restructuring and insolvency work, the firm represents creditors, debtors, and guarantors in bankruptcy matters.

 

Key clients

Notable clients include LEGO Russia, Proxima Capital Group, Deutsche Bank, Credit Agricole, Hellenic Bank, Moscow Exchange MICEX-RTS, and Raiffeisenbank.



Client feedback: 31st edition (2020/2021)

Insolvency

"Perfect knowledge of the bankruptcy legal issues and trends and all latest precedents and cases. They are always in touch and react immediately."

 

M&A

"Constructive client-oriented approach."

"Legal services are client-friendly and have answered a large number of additional questions in detail."

 

Restructuring : Corporate

"Attention to detail, efficiency in solving the task, high-quality result."

Peterka & Partners

Independent full-service law firm Peterka & Partners has been active since 2000 and is the only Central and Eastern Europe law firm with Czech roots active in the Russian market. The firm has offices in Russia, Czech Republic, Slovakia, Poland, Romania, Bulgaria, Belarus, Hungary and Ukraine.

 

Focuses / specialisms

The firm is recognised for its M&A and banking and finance work.

The firm is experienced advising on establishing joint ventures and representing foreign clients as buyers and sellers on cross-border M&A transactions.

 

Key clients

Clients include JMP Flowers Ptaszek, Acer Sales International, Raiffeisenbank, Atlantic SFDT, Belisar, and Sabris Holding.

 

Client feedback: 31st edition (2020/2021)

Project development

"Professional, careful and systematic."

 

Restructuring : Corporate

"Integrated approach to the legal matters' multifunctional tasks - combination of general legal, currency and tax legislations issues. "

Prime Advice Consulting Group

Prime Advice Consulting Group has been active since 1996 and has offices in Moscow, St Petersburg and Singapore.

 

Focuses / specialisms

The firm is active in corporate and M&A and restructuring and insolvency.

The firm has experience advising a mix of creditors and debtors in bankruptcy proceedings across various industries.

 

Key clients

Key clients include Kondopoga, OTLK Finance, Arena, Vodokanalstroy, Aeroportstroy, Industrial and Construction Corporation Pulkovo, Rostech State Corporation, Uralsib Bank, Alpha Bank, Sberbank, Cargil, AAG Investment and Construction Holding, Karjala Pulp and Margaron.

 

Client feedback: 31st edition (2020/2021)

M&A

"The company's specialists are always able to give clear advice on the issue that interests us."

"They give clear and practical recommendations, do not waste time in vain, excellent time management, well-built communications, a realistic approach and a willingness to find the optimal solution."

 

Restructuring and insolvency

"High quality and efficient - these are our impressions of cooperation."

"Prime Advice specialists quickly and without loss of quality solve the most unusual tasks. They are well versed in both Russian and international legislation, and all this is under the super-professional supervision of managing partner Ekaterina Mikhalskaya."

"The constructive participation of the company in the implementation of our business projects allows us to achieve our goals."

"We are grateful to the Prime Advice lawyers for timely and competent execution of the assigned tasks, as well as for the creative and functional approach to their implementation."

"We have been cooperating with Prime Advice for several years, and I would like to emphasise that throughout the entire joint work, we have received professional operational consulting support and recommendations."

Rodin & Partners

Rodin & Partners is a local law firm headquartered in Moscow. Notable figures at the firm include managing partner Artem Rodin and senior partner Timur Djabbarov.

 

Focusses / specialisms

The firm is known for its public-private partnership and infrastructure projects work.

The firm advises foreign and domestic clients on PPP and infrastructure projects in Russia in sectors including transport, utilities, energy, and healthcare. 

Key clients

Key clients include Moroherz, Forms Technology, and Hitachi Zosen Inova.

Research period review: 30th edition (2019/2020)

In a newsworthy recent highlight, the firm advised the project sponsor in the largest ever project on financing, design, construction and operation of five waste to energy plants. Another high-value deal saw the firm advise a confidential client on establishing a waste management system.

In the past year, the firm also took on work in the restructuring and insolvency space, acting primarily for the creditors.

Deal highlights: 30th edition (2019/2020)

Hitachi Zosen Inova waste-to-energy plants

Isnext-Auto insolvency

Palladium insolvency

Client feedback: 30th edition (2019/2020)

Banking

“Rodin & Partners have deep expertise in project finance transactions and infrastructure investment and assist us with both legal aspects and strategic industry know-how in Russia and other countries.”

 

 

 

Project development

“Full scope covering of the project's open/weak points, securing efficient interaction with the state authorities, and a business view on the legal issues.”

“Rodin and Partners offers good quality for reasonable money.”

 

Restructuring and insolvency

“Rodin & Partners are reliable legal advisors and offer good value for money.”

“Prompt and to the point advice.”

S&K Vertical

Founded in 2002 by partners Konstantin Krutilnikov and Sergey Slagoda, S&K Vertical has offices in Moscow, St Petersburg and Beijing.

 

Focuses / specialisms

The firm is best recognised for its work in restructuring and insolvency and corporate and M&A.

 

Key clients

Notable clients include UniCredit Bank, Bank Rossiya, Vallex Group, Saueressig, Alma Mater Foundation, KGallery and MusicAeterna.

 

Client feedback: 31st edition (2020/2021)

Banking and finance

"S&K Vertical is one of the leaders of the Russian legal market in banking and finance law. They are the team of professionals that is able to solve the most complex tasks in a short time frame."

 

Capital markets : Structured finance and securitisation

"Very professional approach: attention to details, fast feedback, valuable insights that helped us to save a lot of money, great support throughout the whole cooperation."

 

M&A

"S&K Vertical Attorneys at Law is one of the leaders of the Russian M&A legal market, a great team of professionals. As for the strengths of the company, it is necessary to note the deep expertise in the issue that they are engaged in and elegant problem-solving."

"S&K Vertical Attorneys at Law is one of the leaders of the Russian legal market in corporate law and M&A. We would like to note the high professionalism and client-oriented approach of the lawyers. "

"S&K Vertical have established themselves as brilliant professionals at the M&A market. Their strength is in the ability to manage any legal risks in corporate transactions."

"S&K Vertical have established themselves as one of the leaders in corporate and M&A on the Russian legal market. We appreciate the high reputation of this law firm. As for the strengths of the company, we would like to note the ability to think outside the box and find non-trivial solutions to the problem."

"S&K Vertical is a team of professionals which provide services at the highest level within the agreed time frame. We appreciate the experience and impeccable reputation of this company, as well as the individual approach that we receive. S&K Vertical is one of the leaders in corporate and M&A according to various legal ratings."

"S&K Vertical is a team of professionals which provide services at the highest level within the agreed time frame. We appreciate the experience and impeccable reputation of this company, as well as the individual approach that we receive. S&K Vertical is one of the leaders in corporate and M&A on the Russian legal market."

"S&K Vertical have established themselves as brilliant professionals at the M&A market. We appreciate the experience and impeccable reputation of this company, as well as the individual approach that we receive. "

 

Restructuring and insolvency

"Focus on results, protection of the client's reputation, in-depth knowledge of the legislation. "

"S&K Vertical are well known on the legal market as brilliant professionals in restructuring and insolvency. We appreciate the experience and impeccable reputation of this company. S&K Vertical is one of the leaders in restructuring and insolvency according to various legal ratings."

"S&K Vertical Attorneys at Law is one of the leaders of the Russian legal market in restructuring and insolvency. In our opinion, S&K Vertical is a great team of professionals. As for the strengths of the company, it is necessary to note high professionalism, speed of work, innovative thinking and elegant problem-solving. "

Salomons

Russian law firm Salomons was founded in 2006 and is located in Moscow.

 

Focuses / specialisms

The firm is active in M&A and is experienced in sectors including hospitality, manufacturing, technology and telecommunications, media, agriculture, and mining.

 

Key clients

The firm’s client list includes Azimut Hotels, ITG, SpetsDorProject, Target Global and CapMan Russia.

Shapovalov Petrov

Set up in 2015, Shapovalov Petrov is a Russian firm with its headquarters in Moscow.

 

Focuses / specialisms

The firm is recognised for its work in project development, particularly within the mining sector.

 

Key clients

The firm’s clients list features several of the largest Russian subsoil users such as Novolipetsk Steel, Udokan Copper, Uralkaly, Atomredmetzoloto, Severstal, Polyus Gold, Nornickel and Petropavlovsk.

 

Client feedback: 31st edition (2020/2021)

Financial restructuring

"Tax advisory services."

 

Project development : Mining

"Shapovalov Petrov are irreplaceable when questions lie at the intersection of subsoil use and taxation. There is no one here stronger than them. We had and still have such questions both at new fields (greenfields) and at old ones (brownfields) - Shapovalov Petrov knows what to do in each of these cases."

"Shapovalov Petrov works a lot on projects like ours. Therefore, they do these things quickly, relatively inexpensively and very efficiently."

"I can recommend Shapovalov Petrov as the best lawyers in the field of subsoil use. They are especially good in tax matters, but not only in them."

"I always recommend these lawyers to my colleagues who are involved in mining. It is difficult to find specialists like them. Many lawyers may say that they are ready to help, but not all of them really can. Shapovalov Petrov can help subsoil users, and what is important for many, their prices are lower than those of the Big Four."

"I am very happy with this law firm. I learned a lot from them. And despite the fact that we have been working together for more than 10 years, I still don't know as much as they do. This is just awesome!"

"In short: their advantage is deep knowledge of the specifics of gold mining. I mean their legal and tax knowledge, although I must say that they also know very well the technology of gold mining. Taken together, this makes their advice brilliant."

"Positive attributes: speed of responses, relatively low cost of services, excellent knowledge of our business."

"The best law firm in Russia in taxation of mines and other natural resources."

"They are very experienced lawyers, especially when it comes to obtaining government financial assistance for a mining project. They have done this for us and have done it for other subsoil users many times."

"This law firm is unique in that they know very well the specifics of the work of mining companies. Our geologists and technologists did not have to explain anything further to the lawyers of the law firm. It seemed to me that the level of their special competencies was higher than that of the representatives of the Prosecutor's Office. It is these special skills, the ability to understand what the mining companies want from them, that enable them to be the leaders of legal consulting in the mining and natural resources sectors. "

"I don't know any other law firm in Russia that would know at such a high level the specifics of gold mining, as well as the particularities of taxation of mining companies. This law firm professionally provided us with legal support in matters of interaction with supervisory authorities and public authorities. As a result of their work, we were able to save millions of rubles."

"In my opinion, this is a very good law firm with a team of high-level professionals. They stand out in the market for legal services provided to the mining sector. When providing services to us, they went to the mining field, quickly prepared their proposals for the state bodies involved in the approval of our project. Their efficient work allowed us to start mining operations as planned."

"Shapovalov Petrov is the top RULF in mining sector. This law firm is ranked by leading international agencies. Shapovalov Petrov is experienced in obtaining licences to export a batch of ore containing precious metals. Shapovalov Petrov have been our consultants for several years. During this period, they have been shown themselves to be high professionals."

"They are great professionals in advising the mining sector. We have been working with this team for several years in a row. They have proven themselves from the best side. They successfully represented our interests in legal disputes regarding the geological exploration and gold mining, the land grant, and the challenging decisions of state bodies. We needed a professional team that would understand mining specifics, environmental protection requirements, taxation of mining companies and land use. Only Shapovalov Petrov law firm was able to meet our requirements. This company consists of experienced consultants who really know our mining sector and are always ready to give a professional opinion on the issues they are facing. "

"They're unique, because they have many years' experience of consulting in the energy and mining sector. In my opinion, this is one of the few law firms in Russia that know the features of mining. Partners and associates of the law firm periodically visit mining factories and even go down the mines themselves. Therefore, they understand what we want from them, implementing projects. "

"We have long researched the legal services market. We needed a legal consultant who would not only have relevant knowledge of the gold mining industry, but also know the technological features of its mining and extraction. Shapovalov Petrov law firm satisfied our requirements 100%. We focused on the search, including the fact that this company and its partners - Alexey Vakulenko and Sergey Shapovalov - are in the Legal 500 and Chambers and Partners ratings."

Skadden Arps Slate Meagher & Flom

New York-headquartered international firm Skadden Arps Slate Meagher & Flom’s Moscow office was established in 1992 and often works alongside its other European offices.

 

Focuses / specialisms

The firm is best known for its strong offering in equity capital markets and M&A in the Russian market, featuring among the best firms in the jurisdiction across both categories.

The firm is a strong player in the capital markets space and has a focus on equity work. The firm has a track record of acting on landmark mandates such as the first listing of a Russian company on the NYSE and the first listing by a Russian company on the Singapore Stock Exchange.

The corporate team is experienced advising on matters including acquisitions and joint ventures in sectors including retail, technology and transport.

 

Key clients

The firm’s clients include Firlibia Holding, Abiglaze, Eurasia Drilling Company, Amalgam Rail Investments, Geopromining Investment, and Renault.

 

Client feedback: 31st edition (2020/2021)

M&A

"The Skadden team sees the 'full picture'. They are technically excellent but they definitely stand out from other firms because of their commercial mindset. They are deal-enablers: they have a collaborative and supportive attitude, and always deliver solutions that are achievable and meet our business needs. The team is very experienced both in domestic and cross-border deals and easily manages complex transactions. Client service is great across the board and we feel that our matters are treated as priorities. "

Sotbi

Established in 2003, Sotbi is a Russian law firm recognised for its restructuring and insolvency work. The firm is headquartered in Moscow but active throughout Russia.

 

Focuses / specialisms

The firm advises debtors and creditors in bankruptcy proceedings and has experience advising on matters such as external management, insolvency receivership procedures, collecting receivables and the sale of debtor’s assets.

 

Key clients

The firm has acted for the likes of UniCredit Bank and VTB Bank.

 

Client feedback: 31st edition (2020/2021)

Insolvency

"Sotbi is an outstanding firm for restructuring and insolvency work - no exaggeration! We have been working with Sotbi for more than 10 years and now they are not a service provider but part of our own team, and I place equal trust in them. They think business and do business, and we as a creditor benefit enormously form their efforts! It is especially important for us that they do sell not 'air' but efficient solutions and always work towards real financial achievements. "

"Debt recovery at all stages of the bankruptcy procedure."

 

Restructuring and insolvency

"I would describe their services as simply perfect. Sotbi lawyers act exactly at the right time and in the best manner and are some steps ahead of opponents. Sotbi litigates fiercely and savvy to defend our interests. The Sotbi team is perfectly fitted and managed and works seamlessly and efficiently. Me and my team share the highest appreciation of Sotbi."

"Sotbi takes on a case and performs A to Z, they litigate to return withdrawn assets and to bring the guilty managers to material responsibility, they arrange sale of properties and generally provide satisfaction of our claims. Sotbi does a lot of economic and financial analysis required to resolve a case as they have accountants and administrators at hand. We are to the highest extent satisfied with the work Sotbi does for us and cannot stop praising their top-level team! Their services are professional, timely, proactive, and very efficient."

Squire Patton Boggs

An international firm with offices in 20 countries, Squire Patton Boggs can trace back its involvement in the Russian market to the late 1970s. The firm’s Russian office is located in Moscow.

 

Focuses / specialisms

The firm is best recognised for its project development work, particularly for domestic and foreign PPP work. The firm has historically acted on several noteworthy PPP mandates in sectors such as healthcare, transport, utilities, and technology. The firm is also experienced in advising EBRD in regard to legal and institutional reform of PPP policy.

 

Key clients

The firm’s notable clients list features swathes of impressive names including Veolia, State Company "Russian Highways" (Avtodor), RVC Capital, Tenth Concession Company (VIS Group), Tsifrovoe Primorie, Far East Development Bank, Sberbank Investments, Sberbank, VTB Capital Finance, Air Liquide and Projects of Tatarstan.

 

Client feedback: 31st edition (2020/2021)

Project development

"Squire Patton Boggs is a well-suited team for help in preparation of any PPP and infrastructure project. They are exceptional when it comes to project structuring and preparation. They have extensive experience in the sphere and have worked on the most famous and complicated projects. The team has a great knowledge of the relevant law and strong understanding of commercial aspects. "

"Well-structured and accurate advice, always on time."

 

Project finance

"Profound expertise, meeting deadlines"

Stream

Founded in 2017, STREAM is a domestic firm active in the financial and corporate space. Farid Babaev leads the firm as managing partner.

 

Focusses / specialisms

The firm is active in the financial and corporate space and has a particular focus on the oil and gas industry. The firm often advises clients such as international trade bodies, oil and gas producing companies, and Russian industrial enterprises on upstream and downstream projects.

Key clients

Recent clients include Antipinsky Oil Refinery, YAMATA, Pulytiinskoye, M-Petrol, SOCAR RUS, and SOCAR CONSTRACTION.

Research period review: 30th edition (2019/2020)

During the research period, the firm continued its focus on the oil and gas sector. A headline worthy deal saw the firm advise on the entry of a consortium of investors into the rehabilitation project of the largest independent oil refinery in Russia. Another newsworthy deal saw the firm advise an international construction company on the construction of Amur Gas Processing Plant – expected to become one of the largest gas processing facilities in the world.

Deal highlights: 30th edition (2019/2020)

Amur gas processing plant

Antipinsky oil refinery rehabilitation

Ust-Luga gas processing plant

 

Synum ADV

Synum is a Russian law firm uniquely specialised in litigation, bankruptcy and corporate conflicts.

 

Focuses / specialisms

The firm’s focus, within the financial and corporate space, is on insolvency deals including subsidiary liability cases. The firm advises clients on restructuring and work-out proceedings within insolvency cases.

 

Key clients

The firm’s key clients include the likes of Liebherr, KFC and Rusgidro.

 

Client feedback: 31st edition (2020/2021)

Restructuring and insolvency

"Quick, proactive, responsible."

"Synum is known for their thorough approach, quick work and working comfort."

TA Legal Consulting

TA Legal Consulting, formerly Tertychny Agabalyan, is headquartered in Moscow and was founded in 2014. Marat Agabalyan serves as managing partner of the firm.

 

Focusses / specialisms

The firm is ranked for its corporate and M&A work. Sectors of experience include fintech, aviation, pharmaceuticals and healthcare, manufacturing, real estate, and mining.

Key clients

Publishable clients include Dr Reddy’s Laboratories and UBT-Uralvagonzavod. 

Research period review: 30th edition (2019/2020)

The firm recently advised on matters including general corporate and regulatory work, acquisitions, joint ventures, reorganisations, and market entry.

The firm welcomed counsel Nina Belozertseva from Sanofi and Teva to its corporate team.

Client feedback: 30th edition (2019/2020)

Financial services regulatory

“The law firm and its members have a very deep and detailed approach.”

 

M&A

“I'm fully satisfied with their services. Especially pricing and timing and quick understanding of the client's needs.”

“The whole team perfectly coped with all issues, showing themselves at the highest level in their field. I was especially pleased to work with Managing Partner, Marat Agabalyan.”

Tomashevskaya & Partners

Domestic firm Tomashevskaya & Partners was founded in 2016 and is led by managing partner Zhanna Tomashevskaya. The firm maintains an office in Moscow.

 

Focusses / specialisms

The firm is best recognised for its work in the corporate and M&A sphere. The firm has a particular focus on the technology sector and has experience in a variety of sectors including infrastructure, retail, agriculture, and food and beverage.

 

Key clients

The firm’s key clients include MaximaTelecom, MVS Group, Rodina Group, Advance Capital and Forbes Russia.

Research period review: 30th edition (2019/2020)

The firm was mainly busy advising on joint ventures and taking on buy-side and sell-side roles on acquisitions.

The firm bolstered its offering with the addition of Victor Shmakov from Cleary Gottlieb Steen & Hamilton as the head of the corporate practice. On the other hand, counsel Dmitry Lafitskiy left the firm.

Deal highlights: 30th edition (2019/2020)

MaximaTelecom / Gazprom-Media joint venture

MVS Group debt restructuring

Rodina Group $53.7 million real estate project sale

 

Client feedback: 30th edition (2019/2020)

M&A

“Timely prepared and decent quality deal agreements.”

“T&P helped to structure the intended transaction taking into account the brink of the bankruptcy of the target company.”

“Professionalism. Deep knowledge of subject including specific issues in intellectual property matters. Active participation in deal flow. Timely preparation of deliverables.”

“They have the ability to think outside the box, they are ready to adjust to the client's timeframes and work tirelessly 24/7 until closing. Zhanna Tomashevskaya & Olga Khokhlova have shown an exceptional understanding of both the legal and regulatory framework for the purpose of preparing airtight tailored documents that exceeded our expectations.”

“Competence, open-minded team, and punctuality.”

Vegas Lex

Founded in 1995, Vegas Lex boasts a team of more than 100 lawyers under the leadership of managing partner Alexander Sitnikov. The firm has offices in Moscow, Krasnodar and Volgograd.

 

Focuses / specialisms

The firm is active in banking and finance, corporate and M&A, project development, and restructuring and insolvency.

The banking team often advises on project finance work, particularly for PPP projects.

In M&A, the firm is experienced advising on the buy and sell-side of acquisitions, joint ventures, and fund formation. 

The projects team has experience advising on PPP projects in a variety of sectors including transport, energy, social infrastructure, and healthcare.

 

Key clients

Some of its key clients include Russian Railways RZD, High-Speed Rail Lines, Dorogi Rossii and Fortum.

 

Client feedback: 31st edition (2020/2021)

M&A

"They have a strong litigation team. Probably the most experienced in Russia. At the same time, in cases of M&A matters they are also effective. They keep their eye on all the key issues of the deal and provide value-added advice."

 

PPP/PFI

"1) Experienced team with notable practitioners. 2) Proactive approach in providing services. Sometimes they are better than expected. 3) Long-term positive project relations. "

 

Private equity

"Drafting of the legal documents. Legal structuring of the transaction. "

VLawyers

Founded in 2016,VLawyers is a Moscow headquartered boutique firm led by managing partner Natalia Dvenadtsatova.

 

Focusses / specialisms

VLawyers is active in restructuring and insolvency.

Key clients

Recent clients include Heurtey Petrochem Rus and Raiffeisenbank.

Research period review: 30th edition (2019/2020)

During the research period, the firm represented creditors and debtors in insolvency proceedings.

Deal highlights: 30th edition (2019/2020)

Diamant Groupinsolvency

Peresvet Group insolvency

Totaloil insolvency

 

Client feedback: 30th edition (2019/2020)

M&A

“Accurateness, great expertise, and proactive advice.”

“Proactive, positive and professional team of lawyers, ready to handle and to assist in very complex matters.”

 

Restructuring and insolvency

“VLawyers are one of the best legal services provider on the market, they are ready to provide solutions and not only raise issues. They are ready to provide innovative solutions and can provide information necessary for management level decision making without too much legalese.”

“Responsive, accurate, knowledgeable, helpful, and creative.”

“This team are extremely creative thinkers, and they are razor-focussed on the ultimate client objectives. Excellent advocacy skills of their leader, Feodor Vyacheslavov. This team also puts a significant emphasis on preparation.”

“Creative thinking, excellent performance, and top notch analysis.”

 

Westside Law Firm

Established in 1994, Westside Law Firm is located in Moscow and is led by managing partner Sergey Vodolagin.

 

Focusses / specialisms

The firm has a focus on corporate and M&A work, particularly on cross border and inbound work. Sectors of activity include automotive, oil and gas, construction, technology, and industrials and chemicals.

Key clients

Recent clients include Hilong Group of Companies, Comita Group of Companies, and Engineering Project Automation.

Research period review: 30th edition (2019/2020)

The firm recently took on roles for joint venture partners, sellers, and buyers. Highlights include advising a Chinese company on corporate restructuring work and setting up joint ventures in the oil and gas sector.

Deal highlights: 30th edition (2019/2020)

Comita Group restructuring

Hilong Group of Companies / TMK joint venture

Hilong Group of Companies restructuring

 

Client feedback: 30th edition (2019/2020)

M&A

“They respond swiftly, their advice is weighted and comprehensive, their team is versatile and they can do any kind of project.”

“It does quite a big volume of work within a short time. I also like in Westside that they do no go deep into unnecessary formalism and approach straight to the task.”

You & Partners

You & Partners is active in the financial and corporate space. The firm is located in Moscow.

 

Focuses / specialisms

The firm has been recognised by IFLR1000 for its work in the projects space. The firm has experience in advising on concession agreements and providing consulting support for project structuring, risk matrices and financing.

 

Key clients

Recent clients include Government of the Samara Region, Toyota Motor, AISFER, RAESCO, KSS RUS, Ministry of Digital Development, Communications and Mass Media of the Russian Federation

 

Client feedback: 31st edition (2020/2021)

Banking

"This is the firm I can totally rely on both for the quality of their opinions and materials/information provided, and for the timing of the job done."

 

PPP/PFI

"Fast, accurate, creative and good network."

"Corporate educational events contain helpful recommendations based on company experience."

"Evgenia has managed to skilfully apply her experience, which she gained whilst being the head of Vegas Lex's PPP department, when organising internal operations of You & Partners. The team is represented by some of the most potent professionals in the sphere, providing its clients with thorough advice. The team has also mastered its self-presentation, which makes it a particularly valuable unit when it comes to interacting and negotiating with public entities."

"Firm has high-quality experts in the PPP sphere with great knowledge of PPP market (market and judicial practice)."

"I have been a lawyer in the field of pharmacology for over 10 years. I have known Evgenia for over five years. I trust the opinion of this expert. The new coronavirus infection has posed a challenge for the pharmaceutical industry to create new infrastructure and enterprises, due to the increased workload and the need to increase the volume of drugs produced. In a short time, Evgenia was able to prepare for me an opinion on possible options for solving this problem through PPP. Provided advice on the formation of a portfolio of regulatory changes and improvements in legislation for our working group. The lawyers of You & Partners have prepared an analysis of the best international practices for implementing PPP projects in the field of pharmacology."

"I was tasked with finding new points of growth and business development. The key word in our appeal to You & Partners was the word 'initiative'. Many companies in the legal consulting market are able to provide support services for already invented and developed projects, and, as it turned out, very few can apply their competencies and skills to launch a company with an initiative in a public-private partnership in the format of a private concession initiative. You & Partners undertook to advise us on our project. You & Partners in a short time analysed our initiative, pointed out the weaknesses of the project, contradictions with the legislation, and developed a roadmap for the implementation of the project. Everything is professional, understandable, legally sound. For business, it is very important to realise that there is a legal partner who is able to stand shoulder to shoulder and is not afraid to create something new, legally support undertakings, and contribute to development."

"Personal approach to each and every client, overall high quality of the deliverables."

"The company can be called a cosmopolitan in the field of law. The team of the company's lawyers can understand any task assigned to them - whether it is a complex bilingual agreement at the junction of two laws of the parties or a question related to protecting the company's interests during the introduction of restrictions and changes in legislation during a lockdown."

"The company has proven experience in legal support for the activities of legal entities and the implementation of projects in the field of infrastructure, IT, agriculture, housing and communal services. It has recommendations from key ratings of Russian law firms - Pravo 300, Kommersant."

"The company's specialists have in-depth knowledge of the law in public-private partnership, the law of information and information technology; are able to professionally apply their knowledges in practice"

"The contract for the sale and purchase of a land plot was concluded on favourable terms for us and with maximum legal protection for us as a buyer. This is, from my point of view, unconditional success. The You & Partners company did their job quickly, clearly, accompanying us to the final point. There is a task - there is a result."

"The difference of this company in the market providing training services and advanced training is an innovative approach, not just a lecture, seminar, webinar, but direct communication and interactive, involving the listener in teamwork, in solving cases. "

"The experience of the employees of You & Partners ensures the high quality of the services provided. We also appreciate the lawyers of You & Partners for immersion in the tasks and solving them, taking into account our interests, the peculiarities of the company's business."

"The firm does good legal work for public and private entities, provides services in the field of public asset management and private investment in public property. The company also knows how to communicate effectively with government agencies."

"The scope of experience that the company has accumulated since its incorporation in 2017 makes it a valuable partner when it comes to the provision of market insights. This experience is vested in the guidance of complex PPP projects, participation in public committees on the development of new legislation in this sphere, organisation of educational programmes and regular seminars and active research activity, which is reflected in a constant flow of great analytical materials."

"This is not the first time I have interacted with You & Partners. For me, as a leader who has gone through a professional path from a managerial position in the Ministry of Economic Development of the Russian Federation to a top managerial position in a large company implementing PPP projects, it is important that the project contractor has such qualities as proven competencies, the stability of the contractor's company and legal protection at all stages of project implementation. Therefore, I prefer You & Partners, as it is a reliable contractor with an impeccable reputation in the Russian legal consulting market."

"We are satisfied with the level of insight that our colleagues possess in the sphere of PPP and particularly in IT/IP-related projects. Furthermore, we are also content with the cost of the services and the strict compliance with the deadlines that the company signs up to. The fact that we can rely on You & Partners' lawyers combined with their great professionalism in providing services is also extremely appealing."

"You & Partners can support projects in various areas of law, such as tax, banking, land, PPP legislation, corporate and other types of law, not only in Russia, but also in the countries of the CIS - Kazakhstan, Belarus, Armenia, Kyrgyzstan. You & Partners will always provide assistance and find ways to solve the task set before it."

"You & Partners distinguishes itself with its flexibility in handling projects, billing and provision of individually tailored solutions to its clients. Colleagues are particularly concerned with the quality of their services and their professional reputation."

"You & Partners is the author or co-author of the largest research in the field of PPP. The analytics prepared by them is always a sign of quality and depth of research. As the head of a law firm, I can only rely on reliable expert opinion, on the objectivity of analytical and informational material; therefore, I am a regular consumer of the analytical content of this company."

 

Project finance

"Corporate educational events contain helpful recommendations based on company experience."

"I consider it important and valuable when companies with experience and a name in the investment market and legal support have and implement their volunteer projects to advise interested parties in the investment and PPP market - not only the management of companies, but also lawyers working in this area, foreign investors, representatives of regional and municipal authorities, provide explanations to the media, answer questions and advise law school graduates about additional education programmes, employment opportunities, share their experience. This is in great demand in the regions of Russia, where today large investment projects are planned for implementation and there are no experienced lawyer mentors who can give free advice to local legal companies or businesses."

"The company is active in the field of education and knowledge development for companies working in the field of investment projects. Convenient online format and relevant topics of webinars. Disclosure of practical experience and new practices in the implementation of investment projects. Availability of information and the ability to get an answer to the question of the application of the information received. I would especially like to note the webinar 'Practical recommendations for the implementation of PPP projects in the field of IT at the regional level'. This is a new, actively developing topic on the investment projects market. At the webinar, You & Partners managed to give a fully fledged legal assessment and content of this new direction."

"The implementation of any large and complex process involves the participation of numerous interested parties and participants in the project. Each participant in this process sees his own optimal way to achieve the result, expresses his subjective proposals. Having found ourselves at the stage of resolving disagreements on the legal aspects of implementing a PPP project in IT, we invited You & Partners to act as an 'unspoken legal consultant' in this matter to strengthen our legal position on the project, remove controversial issues and resolve legal conflicts in the area of PPP in IT, which is new in Russia. The You & Partners company has done a tremendous job of studying and analysing all the project documentation. Dealt with the sources of disagreement. Prepared conclusions and additions to our position on the project. "

"The You & Partners company, in addition to its legal activities, pays attention to social projects. I am glad that I joined the ranks of the company's partners as a permanent member of You & Partners Women's Club. This is a truly significant project. Women lawyers, leaders and top managers, despite the declared equality, still face discrimination on the basis of gender. This club is a community of professional women who help each other, united by a common view of professional development and equal opportunities. Despite the difficult times of the Covid-19 pandemic, You & Partners did not postpone any of the club's events, transferring them to an online format. During this year, the company held at You & Partners Women's Club events on personal and career growth, issues of legal protection of women at work, and other important issues - rallying smart and strong women around itself."

"This firm has a good and motivated team, whose members are knowledgeable and experienced."

"We turned to the company for a comparative study. The company carried out work with the study of legislation in different languages, in different jurisdictions - France, Germany and England and others. This allowed us to assess the possibilities for the sale of our product - raw microfiltered milk - on the Russian market."

"You & Partners stands out for its flexible approach to the project, its pricing, and its individual approach to each client. The colleagues care very much about the quality of the services provided and their professional reputation."

 

Project development

"Accuracy, productivity, emotional intelligence, responsibility and great result provided."

Yust

Yust was formed in 1992 and boasts a team of over 100 lawyers. The firm has offices in Moscow and St Petersburg.

 

Focuses / specialisms

The firm is active across the financial and corporate space, particularly in banking, M&A, project work and restructuring. 

Sectors of activity include food and beverage, agriculture, technology, pharmaceuticals, hospitality, and social infrastructure.

 

Key clients

The firm’s clients include Invasta Capital, TÜV Austria, MTS, PharmHub, OCSiAl, and Pushkin State Museum of Fine Arts.


Client feedback: 31st edition (2020/2021)

Banking and finance

"Very good service provider who is determined to satisfy the client with a high-quality advice."

 

Insolvency

"An excellent law firm with a deep expertise and ability to manage complex multi-company insolvency cases."

 

M&A

"Great professionalism, accurate execution of tasks, efficiency."