Basic facts about the department
- Head of department: Nazar Chernyavsky
- 4 partners
- 28 other qualified lawyers
What the team is known for Top-tier team, renowned for its expertise in complex debt restructuring and financing mandates, acting on behalf of both lenders and creditors. Client base includes banks as well as municipalities and corporates. Also represents clients in litigation proceedings for the recovery of non-performing loans.
Strengths Sources note the team's proactive approach. "I would give the highest score to the level of innovation the firm brings to the market. The team is extraordinarily supportive: they are available 24/7," a source says, adding: "They really pursue goals and bring changes."
Other sources highlight the team's expertise: "Their strength is the experience of the team," a client reports, adding: "They always deliver a result and they have a swift and quality service."
Work highlights Continues to advise Ukreximbank on the ongoing restructuring of its Eurobonds.
Represented Goldman Sachs in the restructuring of USD250 million worth of LPNs as well as USD300 million worth of LPNs to finance loans of the City of Kyiv.
Significant clients Commerzbank, Avangardco Investments Public, Citibank, Oschadbank.
Nazar Chernyavsky is a highly respected finance lawyer who acts on debt restructuring and cross-border financial mandates for international and domestic banks. "Nazar is an excellent lawyer and a person who is comfortable to work with. He is very experienced and knows the subject inside out when it comes to different options," a client reports. He recently advised Sberbank on the restructuring of two sovereign-guaranteed loans provided to Yuzhnoye State Design Office and Ukravtodor with an outstanding amount of USD367 million.
Entering the rankings this year, counsel Anton Korobeynikov is recognised for his visibility on the firm's key mandates with a focus on financing restructuring. "He was available and helpful in looking for solutions," a source says with another interviewee adding: "He delivered results quickly."