Basic facts about the department
- Head of department: Joel Benjamin
- 2 partners
- 12 other qualified lawyers
What the team is known for Outstanding finance team, advising international financial institutions on inbound project financing and loan facility mandates as well as offering strong capital markets capabilities. Also provides cross-border corporate structuring and transactional support to regional telecoms and natural resources corporates. A leading choice of local counsel for international law firms lacking a local presence.
Strengths "Excellent technical ability, combined with top professionalism and responsiveness. They are the best in the market."
"Really, really good. Very responsive and they have the best individuals in banking and finance law in Kazakhstan."
Work highlights Acting as local counsel to VTB Capital with regard to its EUR300 million financing of a Kazakh aluminium smelting plant.
Represented Tele2 in the development of a joint venture business with Kazakhtelecom.
Significant clients EBRD, Halyk Bank, KazMunayGas, Kcell, UniCredit.
Managing partner Joel Benjamin receives high praise from international clients for his commercial and regional insight, with sources citing his "extensive experience in the region and ability to give extremely informed and practical advice" and "good judgement and strong communication skills." Clients also appreciate his responsiveness and availability. He frequently acts for international financial institutions and in co-operation with international law firms.
Adlet Yerkinbayev wins praise from clients for his local law knowledge and experience of working on cross-border projects. One interviewee reports: "He was very helpful, he has a lot of experience, speaks English and Russian and knows the peculiarities of the local legislation and how it can impact foreign law frameworks. He was critical to the success of the negotiations."
Of counsel Maksim Grekov is "a real expert in the nuts and bolts of Kazakh law and he translates that into very commercial advice." He focuses on project financing and restructuring mandates. Clients praise his problem-solving skills, one saying: "In my experience, any problem that comes up in a deal is never a problem when Maksim is involved; he'll always find a solution."
Of counsel Kairat Baizakov enters the table with sources testifying to his increasing visibility in corporate structuring and M&A projects and his assistance with cross-border project financing matters. Interviewees speak of his "many years' experience" and "very good reputation."