Russia

About

After careful consideration, we have decided to close our Moscow office. Read our full statement here.

The Russian market demands reliable and knowledgeable lawyers who understand the constantly evolving landscape. Our lawyers not only offer this vital base of knowledge to our clients but, even more importantly, provide pragmatic commercial insight gained from almost a quarter of a century of hands-on experience in the region.

Our lawyers are qualified to practice law in Russia, England and Wales and the United States. This unique combination of Russian and internationally qualified lawyers on the ground in Moscow allows us to provide integrated advice for all of our clients' needs.

Our lawyers pay special attention to understanding the commercial objectives of our clients, and we help them reach those objectives in the most efficient and effective manner.

In the course of our work, we provide advice on the issues at hand and strive to gain insight into our clients' prospective business goals, incorporating them into the overall picture. Our aim is to build long-term partnerships based on adaptability and attention to our clients' needs—not a quick profit from one-off deals.

To serve the best interests of our clients, our lawyers act in close cooperation with our other offices throughout the world, combining the Firm’s global cross-practice and industry-specific experience with deep knowledge of local law.

Further, we have been a long-time supporter of legal education in Russia. We collaborate with leading universities to produce partner-led seminars, a hands-on summer internship program for university students and sponsorship of the Jessup program in Russia.

 

AWARDS & RECOGNITION

First-band ranking for Corporate/M&A in Russia
Chambers Global 2022
Chambers Europe 2021
The Legal 500 2021

Corporate Firm of the Year in Russia
IFLR Europe Awards 2021

#1 by value of M&A deals in Russia in 2021 - 2020
Mergermarket league tables 2021 - 2020 

#1 for Project finance, Russia
IFLR 1000 2021

#1 for Ranking: Capital markets, Russia
The Legal 500, 2021 – 2017 

#1 for International Arbitration in Russia
The Legal 500 2021

#1 for Energy and Natural Resources in Russia
The Legal 500 2021

One of the top firms for real estate advice in Russia
Chambers Global 2021
Legal 500 2021

Experience

RECENT HIGHLIGHTS

SIBUR Holding
Representation of SIBUR Holding, major Russian petrochemical giant, (i) in connection with US$ multi-billion acquisition and merger with TAIF Group, creating a petrochemical giant valued at US$27 billion and making SIBUR the world’s top five polymer producer. The deal was awarded "Deal of the Year 2021" by Forbes Russia and Kommersant; (ii) in connection with disposal of a 40 percent interest in Amur Gas Chemical Complex (Amur GCC) (US$10 billion project) to China Petroleum & Chemical Corporation (Sinopec), China's leading energy and chemical company, within the JV deal. 

Amur GCC 
Representation of sponsors in connection with the multi-billion dollar hybrid financing (involving major European ECAs) of construction of the Amur Gas Chemical Complex (Amur GCC) in the Russian Far East, one of the world's largest and most advanced polymer production facilities.

European Medical Center
Representation of Citigroup Global Markets Limited, J.P. Morgan AG and VTB Capital plc acting as joint global coordinators and joint bookrunners on the US$500 million initial public offering of United Medical Group CY PLC, Russia’s leading multidisciplinary premium-class healthcare services provider operating under the European Medical Center brand, on the Moscow Exchange. This transaction is the first to be conducted under the new Russian legislative framework, which provides issuers with flexibility in listing GDRs only on a Russian stock exchange, without a primary listing on a foreign venue.

Credit Bank of Moscow
Representation of the Credit Bank of Moscow on an international ESG KPI-linked syndicated loan of up to US$300 million. The bank has become the first Russian financial institution to arrange this type of borrowing. 

Taishet aluminium smelter
Representation of a syndicate of Russian banks (VTB and Gazprombank) on a RUB 45 billion (US$603.2 million) syndicated financing for the completion of the first start-up complex of the Taishet aluminium smelter, owned by Russian aluminium producer RUSAL. This deal won the Europe Mining Deal of the Year award by IJ Global Awards in 2021.

Belarus investment arbitrations
Representation of Belarus in investment treaty claims commenced by: (i) Manolium Processing under the UNCITRAL Rules concerning a real estate project in the centre of Minsk; (ii) Grand Express under the ICSID Additional Facility Rules concerning insolvency of a railcar producing plant; (iii) Delta Belarus Holding under the ICSID Rules concerning the revocation of Delta Bank's license in Belarus; (iv) UAB Pavilniu saules slenis 14 and UAB Modus grupe under the ICSID Rules concerning the construction of a business centre with a hotel and a multi-level car parking at Minsk National Airport.

Prosveshcheniye acquisition
Representation of Sber and co-investors in connection with acquisition of 75% stake in Prosveshcheniye, the largest brand in the educational books market in Russia. The deal is valued at approximately US$1 billion and represents a vital step toward digitalization of the educational process in Russia. 

Ivi.ru
Representation of a leading Russian online video streaming service IVI on a landmark financing from Alfa-Bank, one of the major Russian banks. The deal is a benchmark in the rapidly growing Russian video services market. IVI was the first online service to attract external financing instead of using its own equity funds.

Yandex
Representation of Yandex, a leading technology company, on its acquisition of rights to an approximately four hectare plot of land situated at Kosygina Street in Moscow for the development of its new headquarters. The deal was recognized as "Best property deal in CEE" at Project Finance Awards 2018, organized by EMEA Finance magazine.