Alexander Novak | White & Case LLP International Law Firm, Global Law Practice
Alexander Novak
Alexander Novak

Alexander Novak

Associate, Moscow

T +7 495 787 3004

E anovak@whitecase.com

Overview

Alexander is a member of our Moscow office's Energy, Infrastructure, Project and Asset Finance practice. He has been involved in a wide range of financings and leasing transactions representing international financial institutions, commercial banks, lessors and lessees in their activities in Russia and abroad.

Alexander has particular experience working on various cross-border transactions with respects to aircraft, vessels and other equipment as well as projects involving governmental and municipal institutions. In addition to transaction work, Alexander has also been significantly involved in working with EBRD relating to Russia's accession to the Cape Town Convention. The project has included close collaboration with the Aviation Working Group (AWG) and the Russian Ministry of Economic Development. Alexander is also a prominent member of the AWG's Russian contact group, which aims to bring best practice to the Russian aviation market.

He also advises on a number of legal issues relating to banking, leasing, concession, security enforcement and corporate law.

Bars and Courts

  • Qualified to practice law in the Russian Federation

Education

  • Khabarovsk State Academy of Economics and Law, Law Faculty

Languages

  • English
  • Russian

Experience

Asset Finance Experience

Representation of Aviacapital Service, a wholly owned subsidiary of Russian Technologies State Corporation, in connection with the acquisition, export credit financing and leasing to Russian airlines of 50 new Boeing 737 aircraft.

Representation of leading global financial institutions, Vnesheconombank (VEB), EXIAR, and Natixis, as lead arrangers and lenders, in connection with the export credit financing (COFACE and SACE) and parallel financing by VEB for nine Sukhoi Superjet 100 aircraft to Interjet, a Mexican airline. This deal was awarded "Best Deal of the Year: 2014" by Global Transport Finance.

Representation of ILFC, ACG, MC Aviation Partners, Jackson Square Aviation, Apollo Aviation, BBAM and Boeing Capital on the leasing to Russian airlines, including advice on regulatory issues, customs matters, tax structuring and litigation matters.

Commercial Lending and Structured Finance Experience

Advised Sberbank on the restructuring of a US$1 billion loan to Accord-Invest secured by a pledge of shares of Polymetal International PLC, a leading Russian gold producer and one of the world largest silver producers.

Advised China Development Bank on multiple guaranteed financings to a Russia-incorporated company in the logging industry, with certain loans denominated in US dollars and certain as multi-currency US dollar and RMB loans.

Advised EBRD, as a joint lender, on loans to a number of Russian water supplying companies for the modernization of water infrastructure in Russia.

Advised on a range of structured finance and derivatives transactions, including working with VTB on derivative matters and Sberbank CIB in connection with hedging transactions.