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Europe Guide

Corporate/Commercial — Belarus


Aleinikov & Partners - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Dmitry Matveyev and Denis Aleinikov
- 2 partners
- 6 other qualified lawyers

What the team is known for Well-regarded team renowned for its strong track record in advising local and international clients from the technology, construction and renewable energy sectors. Advises on company restructurings covering tax, employment and corporate matters. Strong IP offering includes the transfer and registration of IP rights as well as advising on licence agreements and IP protection.

Strengths Sources note the team's pragmatism. A source says it offers "an excellent mix between technical knowledge and commercial thinking and works in line with pragmatic solutions." Others highlight the team's pragmatism, noting the "ability to find unusual ways of resolving complex legal challenges."

Another commentator notes that the team is "always accessible and responsive."

Work highlights Advised Haxus, a venture capital investor, on investment and financing issues in relation to Belarusian target companies.

Assisted AIMatter with a number of IP matters, including copyright, registration, IP rights transfers and author and licence agreements.

Significant Clients China Merchants Group, HeadHunter, YTO, Awem Games.

Notable practitioners

Denis Aleinikov is a well-regarded corporate lawyer who assists with corporate structuring, transactional mandates and corporate governance issues. A source says he "takes a pragmatic approach and provides strong support and advice in negotiations."

Dmitry Matveyev is described as a "very strategic, practical and solution-focused lawyer," while another source adds that he "comes up with practical advice instead of a theoretical analysis." He recently assisted Vizor Games with a range of IP-related matters. Further capabilities include handling IP protection as well as corporate structuring and transactional advice.

About the Team (content provided by Aleinikov & Partners)

Department profile not yet provided by Aleinikov & Partners. Please see their firm profile.

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Arzinger & Partners - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Sergey Mashonsky and Dmitry Viltovsky
- 3 partners
- 12 other qualified lawyers

What the team is known for Advances in the rankings as a result of a very positive market response and instructions on significant deals. The team acts on a broad range of corporate and commercial matters, including corporate structuring and market entry as well as contractual and employment issues. Experienced in privatisation mandates and also active on construction projects. Often instructed by German-speaking corporates and clients from the IT, construction and alcoholic beverages industry sectors. Also offers IP assistance with licensing and protection matters.

Strengths The team is highlighted for its quick reaction times, with one client underlining its "punctuality and quick responses," while another source confirms that the "responsiveness is high."

Work highlights Advised Agromilk on its USD7 million acquisition of a state-owned dairy farm in Belarus.

Assisted König Ludwig International with the implementation of the licence agreement with Krinitsa for the production of Kaltenberg Pils in Belarus.

Significant Clients RIKO, Promstroi Group, Adani Group, Werner & Mertz, Huawei.

Notable practitioners

Alexander Korsak is described by clients as "very diligent and very enthusiastic." He handles corporate governance and commercial matters as well as having a focus on IP matters such as licence agreements and trade mark protection.

Sergey Mashonsky is highlighted by sources for his negotiation skills. One source notes that "he knows how to get things done." He recently assisted BM Holding through its subsidiary on contractual amendments to an investment agreement with the Ministry of Natural Resources and Environmental Protection. He has further experience in advising clients on corporate structuring and providing advisory services.

Dmitry Viltovsky has experience acting on contractual mandates and corporate structuring projects. He recently advised IDS-BUD on the establishment of a representative office. Clients describe him as "reliable and solid," adding that he has the ability to "solve difficult problems."

Associate-to-watch Maksim Slepitch is praised by clients for his understanding of their needs. He has notable experience assisting with employment issues and corporate governance matters, as well as corporate issues related to construction and real estate projects.

Associate-to-watch Klim Stashevsky is described as "fast and responsive" and is also highlighted for his "attention to detail." He assists clients from a variety of sectors on matters such as corporate compliance, M&A, investment projects and construction mandates.

About the Team (content provided by Arzinger & Partners)

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Borovtsov & Salei - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Vassili Salei and Alexander Botian
- 3 partners
- 5 other qualified lawyers

What the team is known for Respected team with an established track record of advising international clients. Assists with M&A, the establishment of companies, employment, IP and other day-to-day corporate matters. Has notable expertise handling construction projects. Clientele includes international names from a wide range of industry sectors, such as finance, IT and manufacturing.

Strengths One commentator highlights that "the team members are strong negotiators and the best in finding mutually beneficial solutions."

Sources appreciate the client-oriented approach, with one source saying that "the team is responsive and easily accessible anytime."

Work highlights Advised the Belarusian McDonald's franchise on the construction and operation of new McDonald's branches.

Assisted a commercial bank with a potential acquisition of a Belarus insurance company.

Significant Clients BASF, Cisco Systems, IFC, Laboratoires Servier, Commerzbank.

Notable practitioners

Vassili Salei is a leading figure in the market, well known for his transactional expertise. "The simple presence of Vassili Salei during any negotiations is already a very strong argument," a source says. He recently advised international corporates on construction mandates, including advising Franck Muller on the construction of additional production facilities at the Minsk Watch Plant. He has further expertise handling franchising agreements and investment projects.

Alexander Botian advises on acquisitions, corporate restructuring and investments, representing domestic and international clients. He recently advised National Oilwell Varco on corporate issues related to the increase of the value of shares of its local subsidiary.

Clients appreciate Maxim Znak's commercial outlook, with one highlighting his ability to "evaluate different legal solutions from the business point of view," and also praise him for responding "quickly and precisely." He assists with distribution agreements and contractual issues as well as acting on M&A and providing commercial advice to international corporates from a range of industries.

About the Team (content provided by Borovtsov & Salei)

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COBALT - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Head of department: Darya Zhuk
- 1 partner
- 8 other qualified lawyers

What the team is known for Benefits from its strong links with the firm's offices in the Baltic states. Recent instructions include corporate restructuring, construction projects and due diligence projects as well as advice on regulatory matters. Advises domestic and foreign clients from a variety of sectors including energy, manufacturing and finance.

Strengths One source appreciates the client-oriented service of the team, describing it as "very responsive, with a solid understanding of our needs."

Commentators note the pragmatism of the team. "The lawyers provide reasonable, understandable, practical advice," a source says.

Work highlights Assisted Vakarų medienos grupė with the comprehensive restructuring of their companies through a change of shareholders.

Instructed by IFC to provide an in-depth report on the power, heating and renewables sector regulations in Belarus.

Significant Clients Ministry of Natural Resources and Environmental Protection, Jysk.

Notable practitioners

Darya Zhuk is instructed by both domestic and international companies on acquisitions, renewable energy projects and corporate restructurings. Clients note her project management skills. She recently assisted HIDROMATIC with the acquisition of equipment necessary for a water treatment facility.

About the Team (content provided by COBALT)

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Egorov Puginsky Afanasiev & Partners - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Head of department: Anna Rusetskaya
- 2 partners
- 4 other qualified lawyers

What the team is known for Strong local office of a well-reputed Russian firm, with notable experience in advising both domestic and international clients on a wide range of matters. Boasts strong expertise in providing full-scope assistance with M&A, market entry, joint ventures and other investment projects, including construction matters. Also handles corporate governance and restructuring. Covers tax, competition, regulatory and employment issues.

Strengths Clients are quick to highlight the dedication of the team, with one source reporting that "the lawyers are very responsive and are incredibly diligent, with good attention to detail."

Work highlights Represented Stadler Rail in acquiring sole control over its Belarusian joint venture.

Advised Nordic Aviation Capital on acquisition of control over several Air Lease Corporations companies.

Significant Clients Leipurin, Medindustria Service, Bediamond Textile, EBRD, Apalon Apps.

Notable practitioners

Dennis Turovets is a highly regarded corporate lawyer with notable expertise in advising on joint ventures, M&A, corporate structuring as well as antitrust and tax matters. "He is able to distil and explain to us complex and specific issues to enable us to take these into account in our work," a client says.

Anna Rusetskaya is recognised by commentators for her "very collaborative" work with clients. She regularly advises on M&A projects, recently advising Playtika on antitrust, corporate and employment issues in relation to its acquisition by a Chinese consortium. She has further expertise in handling joint ventures and construction projects.

About the Team (content provided by Egorov Puginsky Afanasiev & Partners)

Egorov Puginsky Afanasiev & Partners (Belarus) has significant experience in advising clients on purchase and sale of shares (participation interests) in the companies, providing legal support of transactions and negotiations for the companies acquiring assets, supporting and structuring M&A transactions and consulting local and foreign participants of joint ventures and investment projects.

In particular, EPA&P regularly advises clients on transactions involving structuring, due diligence, share and purchase transactions, antitrust matters, tax consultancy under local law, and dealing with regulatory authorities.

An integral part of the work carried out by the Corporate group of Egorov Puginsky Afanasiev & Partners is performing legal due diligence of target companies to assess risks related to acquisition of assets in their respective jurisdictions.

We carefully monitor legal and practical developments to ensure that our clients are kept abreast of compliance obligations and changes in law that may have an impact on their business.

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REVERA - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Dmitry Arkhipenko and Helen Mourashko
- 2 partners
- 24 other qualified lawyers

What the team is known for Outstanding team climbing to the top of the rankings this year due to increased market presence and presence on significant deals. Experienced in advising on matters related to market entry, including immigration. Also offers corporate, M&A and competition advice and maintains a leading corporate structuring practice. Notable IP practice covers a broad range of mandates, with a special focus on software licensing and franchise agreements. Serves a broad client base, including software developers, as well as retail, manufacturing and pharmaceutical corporates.

Strengths Interviewees enthuse over the team's broad knowledge, with one praising its "deep knowledge in every particular law field," especially concerning "very specific and narrow IP questions concerning protection of authorship in Belarus." Another adds: "I am always confident about their work."

Another client appreciates the responsiveness of the team, saying: "The lawyers will always respond on time and keep up to date."

Work highlights Advised Bauer Technics on a turnkey construction project in the Borisov region worth EUR35 million.

Acted for MSQRD on their acquisition by Facebook, including advice on tax and migration issues.

Significant Clients OWHealth, Ericsson Nikola Tesla, Jysk, Pernod Ricard Minsk, Grant Thornton.

Notable practitioners

Dmitry Arkhipenko is a well-established corporate lawyer in Belarus. A client says he "quickly resolves the issues, sees the picture of the changes in their entirety and quickly makes decisions," while another source describes him as someone who is "focused, determined and persistent." His recent work includes advising Modus Group on a solar power plant construction project, including assisting with investment agreements and project financing.

Helen Mourashko is a notable corporate practitioner who is noted for her "deep insight into many business spheres." She advises on general commercial matters as well as assisting technology companies with IP-related issues.

Up-and-coming Uliana Karpekina advises on a range of IP matters, including transfers and acquisitions for both domestic and international clients. One commentator says you "can always rely on her."

About the Team (content provided by REVERA)

Corporate/Commercial department of REVERA unites three practices: Corporate and M&A, Real Estate and Construction, Tax and Regulatory.

Corporate and M&A practice is best known for legal services for companies from such sectors as IT, trade and retail, HoReCa, manufacturing industry. Corporate restructuring, Due Dilligence and M&A deals are its main activities. Partner and head of practice, Helen Mourashko has managed most of big M&A deals in Belarus for the last few years.

Real Estate and Construction Practice is famous due to significant investment projects like creation of the unique economic zone in the Republic of Belarus under the name of Great Stone China-Belarus Industrial Park. Head of the practice, Denis Bogdanov, also assists clients in projects on attracting finance.

The main activities of Tax and Regulatory Practice are tax consulting, tax due diligence, tax disputes. Managing partner and head of the practice, Dmitry Arkhipenko, is also a well-recognized expert in pharmacy and gambling regulation.

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SBH Law Office - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Alexander Bondar and Anastasiya Malakhova
- 3 partners
- 8 other qualified lawyers

What the team is known for Climbing to the top tier this year in recognition of great market feedback and instructions on significant deals. Highly regarded team recommended for complex corporate restructuring mandates and noted for its experience in M&A. Also provides corporate governance support. Handles a broad range of IP issues, assisting with IP transfers, litigation and registration issues. Also instructed on employment matters.

Strengths The team is praised for its client-oriented service by sources who state the team has a "great ability to understand the needs of the clients," as well as being "always ready to help." Another source highlights that the team is "very responsive and responsible no matter what kind of work we delegate to them."

Work highlights Advised Weichai Power on structuring its joint venture with Minsk Automobile Plant.

Assisted Falcon Investment with issues related to the operation of a Marriott hotel in Minsk.

Significant Clients N M Rothschild & Sons, Belinvestbank, BuddyHOPP, Sberbank Capital, Gazprom Transgaz Belarus.

Notable practitioners

Alexander Bondar is a well-respected corporate lawyer. One client enthuses that he is "very easy to communicate with, as he manages to make complicated legal issues easy to understand. He has a business-minded approach." He recently advised Zubr Capital on the creation of a private equity fund. He regularly assists clients with corporate governance, commercial and transactional matters.

Up-and-coming Anastasiya Malakhova is a notable name, assisting the team with commercial as well as IP law issues. She acts on matters relating to corporate governance as well as handling IP matters, including advising on authors' rights.

Associate-to-watch Elena Selivanova enters the rankings this year. She assists the team with acquisitions and corporate restructuring across a broad range of sectors. A client says that she is "very dedicated in her work."

About the Team (content provided by SBH Law Office)


For over 20 years, since the emergence of the new Eastern European independent states, SBH 
lawyers and attorneys have been providing foreign and Belarusian companies and entrepreneurs as well as sovereigns with detailed and groundbreaking advice, working on cases and transactions which shaped Belarusian law and business practice.

The SBH law office advises clients at all stages of a company’s life cycle: selection of legal form, documentation of relationships between shareholders, incorporation, strategic expansion through mergers and acquisitions, optimisation of corporate structure, antitrust advice, corporate governance and, if necessary winding-up and liquidation.

Guided by extensive experience, we don’t limit ourselves to advice on compliance with laws, but also develop and implement efficient and secure solutions to tactical and strategic challenges encountered by owners and management of companies.

We advise clients on:

  • Incorporation of companies and representative offices
  • Joint ventures and strategic alliances
  • Mergers and acquisitions (M&A) 
  • Corporate restructurings
  • Corporate governance
  • Share purchase agreements
  • Shareholders Agreements
  • Share option agreements
  • Legal due diligence (LDD)
  • Antitrust, merger control and sectoral regulation
  • Meetings of members, shareholders and boards of directors
  • Liquidation and winding-up
  • Advise on tax, customs and currency control issues
    Legal opinions and memoranda

  • International and domestic contracts and agreements

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Sorainen - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Alexey Anischenko, Maksim Salahub and Kiryl Apanasevich
- 3 partners
- 11 other qualified lawyers

What the team is known for Market-leading team which stands out for its strong network in the Baltics and is particularly noted for solid cross-border M&A experience. Full-service advice covers employment, tax and the full range of contentious and non-contentious IP issues, including protection and IP transfer issues.

Strengths The team is acclaimed for the quality of its advice and its responsiveness.

Work highlights Provided local law support to a consortium of Chinese companies, including Shanghai Giant Network Technology, as part of their global acquisition of Playtika.

Advised OpusCapita on local law aspects of its acquisition of jCatalog, including assisting with intellectual property and tax issues.

Significant Clients Geely, Reply, Facebook, Nuance Communications.

Notable practitioners

Alexey Anischenko is a well-respected corporate lawyer who is active across a broad range of sectors. He recently advised Glassworks Neman on the implementation of a modernisation project, including advising on amendments to an EUR18 million international supply contract. He has further experience advising on regulatory matters for clients in the pharmaceutical and technology sectors, among others.

Maksim Salahub has strong experience acting on corporate governance and structuring as well as advising on M&A transactions. He is also involved in assisting with IP matters. He recently advised Intel on the management of its trade mark portfolio in Belarus, including advising on registration and potential trade mark infringements.

Managing partner Kiryl Apanasevich provides strategic local law support to international corporates involved in cross-border M&A mandates.

About the Team (content provided by Sorainen)

The Sorainen Corporate and Commercial Practice Groups are the biggest ones in the office. The firm is constantly involved in major corporate and M&A projects in Belarus, including joint ventures between international companies and Belarus government enterprises, greenfield investment projects, and M&A transactions in the evolving technology sector.

Clients are advised by a large professional team of experienced commercial contracts, corporate and M&A lawyers with good understanding of international business, many of them internationally recognised as leading specialists in their field by international legal directories Chambers Global, IFLR1000, Legal 500, as well as others.

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Stepanovski, Papakul and Partners - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Tatiana Ignatovskaya, Valery Papakul and Alexander Stepanovski
- 4 partners
- 16 other qualified lawyers

What the team is known for Exceptional practice with strong expertise in big-ticket investment projects and competition law matters. Noted for general corporate and commercial, tax, employment and real estate advice and for its solid track record in legal due diligence. Also provides support on a range of IP issues, including registration and protection of trade marks as well as franchising. Acts for significant clients from a number of industry sectors, notably telecommunications, leisure and pharmaceuticals.

Strengths The team garners praise for its commercial approach to mandates. "The lawyers tailor their advice to the client," a source says, while another adds that the team has an "understanding of our needs."

Work highlights Advised an international mobile data provider on local regulatory issues.

Assisted a Russian manufacturer with market entry into Belarus.

Significant Clients Dr. Reddy's Laboratories, EBRD, Mark Formelle, BAT, Procter & Gamble.

Notable practitioners

Managing partner and eminent practitioner Alexander Stepanovski is a highly regarded figure in the market. He oversees the practice, lending his expertise and strategic insight to international investors involved in Belarus-bound mandates.

Valery Papakul's long standing in the market means he can lend considerable expertise on a variety of issues, including antitrust, governance and M&A matters, to a client base of international corporates.

Tatiana Ignatovskaya assists international corporates with domestic regulatory and corporate compliance issues as well as advising on corporate governance mandates. Clients are quick to highlight her commercial insight and advisory strength. One reports that "she has unique skills for the local market. She fully understands our problems, ideas and targets."

Sviatlana Valuyeva focuses on assisting with IP rights-related issues, regularly advising on franchise agreements and the protection of IP assets. An interviewee notes her "deep understanding of commercial issues and implications of local law on global projects." Another source adds: "She finds the optimal way out of the situation adapted precisely for the purposes of the client."

Elena Sapego provides support to international clients on market entry, corporate governance and structuring mandates as well as assisting with inbound M&A projects. A client says she is able to "quickly understand the client's problem and offer a non-standard solution."

About the Team (content provided by Stepanovski, Papakul and Partners)

Our Corporate/Commercial Law Practice includes high-level specialists in competition law, tax law and finance, intellectual property law, advertising and consumer rights, real estate and construction, besides general corporate and commercial law;

We have a unique competition law team and practice in Belarus;

We are specialists in such spheres of business as telecommunications, pharmaceutics and hotels. During the last years we were increasing experience in these areas, that is unique for Belarusian market;

The staff of our company includes 2 Patent Attorneys: Sviatlana Valuyeva and Elena Fedoruk (Eurasian Patent Attorney), members of the Association of Patent Attorneys of the Republic of Belarus);

We have great experience in performance of complex Legal Due Diligence, launching of large foreign Trademarks and legal support of Investment projects. During the last 2 years we have performed about 10 Legal Due Diligence projects, covering corporate, financial, employment, real estate, litigation, IP matters.

One of our advantages is that the opportunity to accumulate a big number of highly qualified lawyers lets us perform major projects in a short time.

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VERDICT - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Head of department: Kate Zheltonoga
- 3 partners
- 5 other qualified lawyers

What the team is known for Active team offering full-service support to domestic clients, including corporate reorganisations, tax and employment. Acts on M&A and due diligence instructions. Clients include names from the IT, food production and consumer goods sectors. Has experience of working with clients from the Baltic countries.

Strengths The team is praised for its practical advice. One client notes the team's "understanding of the problems" and "willingness to look into them and find a solution that would meet our interests."

Another source adds that the team is "always ready to help," and is able to "find the customised approach for each client."

Work highlights Instructed by PAG to conduct due diligence of Ingman Morozhenoe.

Significant Clients CITIC Construction, MMPZ-Group, Danone, Balticums bank, Sushi Vesla.

Notable practitioners

Valentin Galich advises on acquisitions, tax and employment issues as well as providing a broad range of corporate advice. He is appreciated by clients, who state that he has "a very good eye for details."

Associate-to-watch Vadim Pashkevich advises on corporate and due diligence mandates as well as providing help with commercial contracts. Clients highlight his "customer-centred" approach.

About the Team (content provided by VERDICT)

Department profile not yet provided by VERDICT. Please see their firm profile.

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Verkhovodko & Partners - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Heads of department: Igor Verkhovodko, Dmitry Bokhan and Nina Knyazeva
- 3 partners
- 11 other qualified lawyers

What the team is known for Notable team which stands out for its work on construction mandates. Has experience advising on large investments, in particular in relation to the energy and industrial sectors. Has a solid IP practice, offering support on such IP aspects as transfer of rights, their registration and licensing. Popular with foreign investors and domestic corporates from various sectors, including energy and IT.

Strengths One client applauds the pragmatism and goal-oriented focus of the team, saying that the team is "really hard-working, smart and creative" and that the lawyers "see far beyond the legal issues and understand the real business situation and business goals."

Sources underline the team's "consistent high-quality service" and "very useful hands-on solutions."

Work highlights Advised MMPZ-Group on its EUR200 million investment into the construction of a tinplate production plant.

Assisted DeFacto with licensing its trade marks portfolio to its Belarusian subsidiary.

Significant Clients EPAM Systems, Effective Soft, TicketPro, Polpharma, Thomson Reuters.

Notable practitioners

Dmitry Bokhan is hailed as "a true mastermind" by one of his clients, who adds that he is "amazingly quick at understanding extremely complex matters and producing solutions that sometimes go outside the traditional legal scope of knowledge." He regularly acts on construction and real estate projects, where he provides corporate structuring, governance and transactional support. He also oversees the IP practice, providing advice on non-contentious mandates.

Igor Verkhovodko is praised by market commentators as "a very talented and diplomatic negotiator." He has particular experience advising on corporate governance and structuring projects, providing tax and commercial law support.

Up-and-coming Nina Knyazeva advises on a wide range of matters for both domestic and international clients. Sources state that she has the "ability to handle difficult work in a very constructive and positive way" and that she "always understands what is important and has a good commercial sense." She recently acted for the Associated Press on corporate, tax and employment issues.

Associate-to-watch Elena Hmeleva focuses on assisting with IP issues such as protection, liability and compliance issues.

About the Team (content provided by Verkhovodko & Partners)

Department profile not yet provided by Verkhovodko & Partners. Please see their firm profile.

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VILGERTS - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Head of department: Roman Shpakovsky
- 2 partners
- 3 other qualified lawyers

What the team is known for Reputable team which stands out for its strong track record in the renewable energy sector, advising on construction and corporate matters. Assists domestic and foreign companies from a range of sectors, including real estate and finance. Active on investment projects and M&A.

Strengths One client underlines the adaptability of the team, saying the lawyers are able to "develop non-standard solutions."

Another source describes the team as "customer-oriented and responsible."

Work highlights Assisted a group of private investors with corporate structuring matters in relation to investment into six biogas power plants.

Assisted Lex Inventions with the corporate restructuring of a real estate holding.

Significant Clients Unimodus, VP 19, ABLV Bank Luxembourg.

Notable practitioners

Roman Shpakovsky advises on regulatory matters and corporate restructurings, representing clients from across a broad range of sectors. He also assists with taxation issues and M&A mandates.

Eugenia Urodnich is much appreciated by clients, who praise her ability to "build effective communication" and to "anticipate risks and know how to get around them." She has experience acting on cross-border investment projects, as well as assisting with corporate structuring and transactions.

About the Team (content provided by VILGERTS)

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Vlasova, Mikhel & Partners - Corporate/Commercial Department

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Chambers Commentary (based on the Chambers research)

Basic facts about the Department
- Head of department: Konstantin Mikhel
- 6 partners
- 14 other qualified lawyers

What the team is known for Highly acclaimed practice with a strong reputation for advising foreign clients on large investment and market entry projects. Further strengths include construction mandates and a solid M&A practice. Stellar IP team regularly advises on matters such as registration, protection of trade marks and domain names. Strong client roster includes big names from the telecommunications, construction and retail sectors.

Strengths Clients praise the team for its commercial insight, with a source stating that it possesses a "deep understanding of business."

Clients appreciate the pragmatism of the firm's IP practice, with one client reporting that the team is "commercially focused" as well as highlighting its "good knowledge of brand protection."

Work highlights Advised Kopaonik Property Investment on its investment in a construction project in Minsk, acting on a range of issues including tax, employment and the incorporation of a subsidiary company in Belarus.

Assisted PLAY MODA with the transfer of IP rights and with franchising issues as it opens new stores in Belarus.

Significant Clients GCM Global Energy, Reckitt Benckiser, Médecins Sans Frontières, The Church of Jesus Christ of Latter-day Saints, Johnson & Johnson.

Notable practitioners

Tatiana Emelianova divides her time between handling commercial and IP matters. She garners praise for being "responsive, timely, direct in her communications and knowledgeable of franchise matters, general contracting principles and IP issues." Another source describes her position as "one of the leading professionals" in the Belarusian IP market. She regularly provides domestic support to international corporates, including assisting with franchise agreements and registration of trade marks as well as protection in contentious issues. She also provides corporate advisory services to international clients.

Konstantin Mikhel is a highly established business lawyer in Belarus, drawing on decades of practical experience. A source says he is "dedicated to achieving the result in the most effective way." He recently acted on several real estate development projects. He has further experience in handling corporate law and tax matters.

Ekaterina Zabello is recognised for her work in the construction sector. She assists with significant investment projects, with one source describing her as "one of the leaders in investment projects and greenfield projects." She advised Kopaonik Investment Property on the development of a significant land plot for construction of a multi-purpose real estate object valued at USD250 million.

Svetlana Dashuk has experience in handling M&A, corporate restructurings and governance issues. She recently advised Saferoad on matters related to the operation of its subsidiary in Belarus, including corporate and tax issues.

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Eminent Practitioner

Alexander Stepanovski

Stepanovski, Papakul and Partners

From the Chambers Europe guide

Managing partner and eminent practitioner Alexander Stepanovski is a highly regarded figure in the market. He oversees the practice, lending his expertise and strategic insight to international investors involved in Belarus-bound mandates.

^ See whole ranking table

Band 1

Verkhovodko & Partners

From the Chambers Europe guide

Dmitry Bokhan is hailed as "a true mastermind" by one of his clients, who adds that he is "amazingly quick at understanding extremely complex matters and producing solutions that sometimes go outside the traditional legal scope of knowledge." He regularly acts on construction and real estate projects, where he provides corporate structuring, governance and transactional support. He also oversees the IP practice, providing advice on non-contentious mandates.

^ See whole ranking table

Band 1

Konstantin Mikhel

Vlasova, Mikhel & Partners

From the Chambers Europe guide

Konstantin Mikhel is a highly established business lawyer in Belarus, drawing on decades of practical experience. A source says he is "dedicated to achieving the result in the most effective way." He recently acted on several real estate development projects. He has further experience in handling corporate law and tax matters.

^ See whole ranking table

Band 1

Stepanovski, Papakul and Partners

From the Chambers Europe guide

Valery Papakul's long standing in the market means he can lend considerable expertise on a variety of issues, including antitrust, governance and M&A matters, to a client base of international corporates.

^ See whole ranking table

Band 1

Borovtsov & Salei

From the Chambers Europe guide

Vassili Salei is a leading figure in the market, well known for his transactional expertise. "The simple presence of Vassili Salei during any negotiations is already a very strong argument," a source says. He recently advised international corporates on construction mandates, including advising Franck Muller on the construction of additional production facilities at the Minsk Watch Plant. He has further expertise handling franchising agreements and investment projects.

^ See whole ranking table

Band 1

Egorov Puginsky Afanasiev & Partners

From the Chambers Europe guide

Dennis Turovets is a highly regarded corporate lawyer with notable expertise in advising on joint ventures, M&A, corporate structuring as well as antitrust and tax matters. "He is able to distil and explain to us complex and specific issues to enable us to take these into account in our work," a client says.

^ See whole ranking table

Band 2

Alexey Anischenko

Sorainen

From the Chambers Europe guide

Alexey Anischenko is a well-respected corporate lawyer who is active across a broad range of sectors. He recently advised Glassworks Neman on the implementation of a modernisation project, including advising on amendments to an EUR18 million international supply contract. He has further experience advising on regulatory matters for clients in the pharmaceutical and technology sectors, among others.

^ See whole ranking table

Band 2

Dmitry Arkhipenko

REVERA

From the Chambers Europe guide

Dmitry Arkhipenko is a well-established corporate lawyer in Belarus. A client says he "quickly resolves the issues, sees the picture of the changes in their entirety and quickly makes decisions," while another source describes him as someone who is "focused, determined and persistent." His recent work includes advising Modus Group on a solar power plant construction project, including assisting with investment agreements and project financing.

^ See whole ranking table

Band 2

SBH Law Office

From the Chambers Europe guide

Alexander Bondar is a well-respected corporate lawyer. One client enthuses that he is "very easy to communicate with, as he manages to make complicated legal issues easy to understand. He has a business-minded approach." He recently advised Zubr Capital on the creation of a private equity fund. He regularly assists clients with corporate governance, commercial and transactional matters.

^ See whole ranking table

Band 2

Borovtsov & Salei

From the Chambers Europe guide

Alexander Botian advises on acquisitions, corporate restructuring and investments, representing domestic and international clients. He recently advised National Oilwell Varco on corporate issues related to the increase of the value of shares of its local subsidiary.

^ See whole ranking table

Band 2

Tatiana Emelianova

Vlasova, Mikhel & Partners

From the Chambers Europe guide

Tatiana Emelianova divides her time between handling commercial and IP matters. She garners praise for being "responsive, timely, direct in her communications and knowledgeable of franchise matters, general contracting principles and IP issues." Another source describes her position as "one of the leading professionals" in the Belarusian IP market. She regularly provides domestic support to international corporates, including assisting with franchise agreements and registration of trade marks as well as protection in contentious issues. She also provides corporate advisory services to international clients.

^ See whole ranking table

Band 2

Tatiana Ignatovskaya

Stepanovski, Papakul and Partners

From the Chambers Europe guide

Tatiana Ignatovskaya assists international corporates with domestic regulatory and corporate compliance issues as well as advising on corporate governance mandates. Clients are quick to highlight her commercial insight and advisory strength. One reports that "she has unique skills for the local market. She fully understands our problems, ideas and targets."

^ See whole ranking table

Band 2

Egorov Puginsky Afanasiev & Partners

From the Chambers Europe guide

Anna Rusetskaya is recognised by commentators for her "very collaborative" work with clients. She regularly advises on M&A projects, recently advising Playtika on antitrust, corporate and employment issues in relation to its acquisition by a Chinese consortium. She has further expertise in handling joint ventures and construction projects.

^ See whole ranking table

Band 2

Sorainen

From the Chambers Europe guide

Maksim Salahub has strong experience acting on corporate governance and structuring as well as advising on M&A transactions. He is also involved in assisting with IP matters. He recently advised Intel on the management of its trade mark portfolio in Belarus, including advising on registration and potential trade mark infringements.

^ See whole ranking table

Band 2

Igor I Verkhovodko

Verkhovodko & Partners

From the Chambers Europe guide

Igor Verkhovodko is praised by market commentators as "a very talented and diplomatic negotiator." He has particular experience advising on corporate governance and structuring projects, providing tax and commercial law support.

^ See whole ranking table

Band 2

Ekaterina Zabello

Vlasova, Mikhel & Partners

From the Chambers Europe guide

Ekaterina Zabello is recognised for her work in the construction sector. She assists with significant investment projects, with one source describing her as "one of the leaders in investment projects and greenfield projects." She advised Kopaonik Investment Property on the development of a significant land plot for construction of a multi-purpose real estate object valued at USD250 million.

^ See whole ranking table

Band 3

Aleinikov & Partners

From the Chambers Europe guide

Denis Aleinikov is a well-regarded corporate lawyer who assists with corporate structuring, transactional mandates and corporate governance issues. A source says he "takes a pragmatic approach and provides strong support and advice in negotiations."

^ See whole ranking table

Band 3

Kiryl Apanasevich

Sorainen

From the Chambers Europe guide

Managing partner Kiryl Apanasevich provides strategic local law support to international corporates involved in cross-border M&A mandates.

^ See whole ranking table

Band 3

Arzinger & Partners

From the Chambers Europe guide

Alexander Korsak is described by clients as "very diligent and very enthusiastic." He handles corporate governance and commercial matters as well as having a focus on IP matters such as licence agreements and trade mark protection.

^ See whole ranking table

Band 3

Arzinger & Partners

From the Chambers Europe guide

Sergey Mashonsky is highlighted by sources for his negotiation skills. One source notes that "he knows how to get things done." He recently assisted BM Holding through its subsidiary on contractual amendments to an investment agreement with the Ministry of Natural Resources and Environmental Protection. He has further experience in advising clients on corporate structuring and providing advisory services.

^ See whole ranking table

Band 3

Aleinikov & Partners

From the Chambers Europe guide

Dmitry Matveyev is described as a "very strategic, practical and solution-focused lawyer," while another source adds that he "comes up with practical advice instead of a theoretical analysis." He recently assisted Vizor Games with a range of IP-related matters. Further capabilities include handling IP protection as well as corporate structuring and transactional advice.

^ See whole ranking table

Band 3

Stepanovski, Papakul and Partners

From the Chambers Europe guide

Elena Sapego provides support to international clients on market entry, corporate governance and structuring mandates as well as assisting with inbound M&A projects. A client says she is able to "quickly understand the client's problem and offer a non-standard solution."

^ See whole ranking table

Band 4

Vlasova, Mikhel & Partners

From the Chambers Europe guide

Svetlana Dashuk has experience in handling M&A, corporate restructurings and governance issues. She recently advised Saferoad on matters related to the operation of its subsidiary in Belarus, including corporate and tax issues.

^ See whole ranking table

Band 4

Ilya Latyshev Legal Company

From the Chambers Europe guide

Ilya Latyshev of Ilya Latysheva Law Firm advises on a range of corporate and commercial matters. He is also highlighted for his IP expertise.

^ See whole ranking table

Band 4

CHSH Cerha Hempel Spiegelfeld Hlawati

From the Chambers Europe guide

Sergei Makarchuk of CHSH Cerha Hempel Spiegelfeld Hlawati is highlighted for being "a very detail-oriented and proactive" lawyer. He recently provided local law advice to NOVOMATIC Gaming Industries regarding the corporate governance of its Belarusian subsidiary, Planeta Igr.

^ See whole ranking table

Band 4

REVERA

From the Chambers Europe guide

Helen Mourashko is a notable corporate practitioner who is noted for her "deep insight into many business spheres." She advises on general commercial matters as well as assisting technology companies with IP-related issues.

^ See whole ranking table

Band 4

Arzinger & Partners

From the Chambers Europe guide

Dmitry Viltovsky has experience acting on contractual mandates and corporate structuring projects. He recently advised IDS-BUD on the establishment of a representative office. Clients describe him as "reliable and solid," adding that he has the ability to "solve difficult problems."

^ See whole ranking table

Band 4

COBALT

From the Chambers Europe guide

Darya Zhuk is instructed by both domestic and international companies on acquisitions, renewable energy projects and corporate restructurings. Clients note her project management skills. She recently assisted HIDROMATIC with the acquisition of equipment necessary for a water treatment facility.

^ See whole ranking table

Band 4

Borovtsov & Salei

From the Chambers Europe guide

Clients appreciate Maxim Znak's commercial outlook, with one highlighting his ability to "evaluate different legal solutions from the business point of view," and also praise him for responding "quickly and precisely." He assists with distribution agreements and contractual issues as well as acting on M&A and providing commercial advice to international corporates from a range of industries.

^ See whole ranking table

Up and Coming

VERDICT

From the Chambers Europe guide

Valentin Galich advises on acquisitions, tax and employment issues as well as providing a broad range of corporate advice. He is appreciated by clients, who state that he has "a very good eye for details."

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Up and Coming

Verkhovodko & Partners

From the Chambers Europe guide

Up-and-coming Nina Knyazeva advises on a wide range of matters for both domestic and international clients. Sources state that she has the "ability to handle difficult work in a very constructive and positive way" and that she "always understands what is important and has a good commercial sense." She recently acted for the Associated Press on corporate, tax and employment issues.

^ See whole ranking table

Up and Coming

Anastasiya Malakhova

SBH Law Office

From the Chambers Europe guide

Up-and-coming Anastasiya Malakhova is a notable name, assisting the team with commercial as well as IP law issues. She acts on matters relating to corporate governance as well as handling IP matters, including advising on authors' rights.

^ See whole ranking table

Up and Coming

VILGERTS

From the Chambers Europe guide

Roman Shpakovsky advises on regulatory matters and corporate restructurings, representing clients from across a broad range of sectors. He also assists with taxation issues and M&A mandates.

^ See whole ranking table

Up and Coming

Konstantin Skuratovich

IE Skuratovich K.I

From the Chambers Europe guide

Konstantin Skuratovich of IE Skuratovich K.I is praised as "a very good negotiator" by satisfied clients. He advises on a broad selection of business law issues.

^ See whole ranking table

Up and Coming

VILGERTS

From the Chambers Europe guide

Eugenia Urodnich is much appreciated by clients, who praise her ability to "build effective communication" and to "anticipate risks and know how to get around them." She has experience acting on cross-border investment projects, as well as assisting with corporate structuring and transactions.

^ See whole ranking table

Associates to watch

VERDICT

From the Chambers Europe guide

Associate-to-watch Vadim Pashkevich advises on corporate and due diligence mandates as well as providing help with commercial contracts. Clients highlight his "customer-centred" approach.

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Associates to watch

SBH Law Office

From the Chambers Europe guide

Associate-to-watch Elena Selivanova enters the rankings this year. She assists the team with acquisitions and corporate restructuring across a broad range of sectors. A client says that she is "very dedicated in her work."

^ See whole ranking table

Associates to watch

Arzinger & Partners

From the Chambers Europe guide

Associate-to-watch Maksim Slepitch is praised by clients for his understanding of their needs. He has notable experience assisting with employment issues and corporate governance matters, as well as corporate issues related to construction and real estate projects.

^ See whole ranking table

Associates to watch

Arzinger & Partners

From the Chambers Europe guide

Associate-to-watch Klim Stashevsky is described as "fast and responsive" and is also highlighted for his "attention to detail." He assists clients from a variety of sectors on matters such as corporate compliance, M&A, investment projects and construction mandates.

^ See whole ranking table