Igor Ostapets

Partner, Moscow

Biography

“He is very technical and at the same time quite creative when it comes to settling terms with our counterparts”
Chambers Europe 2017

Overview

Igor Ostapets is the Executive Partner for the Moscow office. Igor advises clients on both cross-border and domestic M&A transactions with a particular emphasis on the oil and gas, power, and metals and mining industries. He helps reduce complexity for clients in a challenging and fast-moving area, enabling them to successfully execute major transactions that evolve their businesses.

Igor has practiced in Russia for more than 20 years, and has developed a particularly deep knowledge of the local market and business climate. He has been involved in a significant number of complex transactions for both domestic and international clients, seeing deals through from planning to completion.

He advised Hess Corporation on the US$2.05 billion dollar sale of its Russian subsidiary, and has advised Russian clients on a number of significant international deals, including AAR Consortium, on the US$28 billion sale of its 50 percent stake in TNK-BP, one of the world's top ten privately-owned oil companies in the world.

Igor is frequently recognized by leading legal publications for both his M&A work and for his focus on energy and natural resources clients. He also advises clients on a number of other matters including privatization, corporate restructuring, insolvency, antitrust, corporate compliance and white collar and multi-jurisdictional disputes. In addition, he advises on project finance transactions, in particular in the oil and gas industry.

Bars and Courts
Qualified to practice law in the Russian Federation
Education
LLM
University of Michigan Law School
Law Degree
Belarus State University Law Faculty
Languages
English
Russian

Experience

Rosneftegaz, 2017
Advising Rosneftegaz in connection with the sale of a 19.5% stake in Rosneft Oil Company.

Rosneft, 2014
Representation of Rosneft, the leading oil company in Russia and one of the world's largest publicly traded petroleum companies, in connection with the restructuring of its arrangements with Sibur for the processing of associated gas at the Yugragaspererabotka gas processing facilities.

AAR Consortium, 2013
Representation of AAR Consortium formed by three of Russia's leading investment, financial, and industrial groups – Alfa Group, Access Industries, and Renova on the US$28 billion sale of its 50 percent stake in TNK-BP, a leading Russian oil company and one of the world's top ten privately-owned oil companies in the world, to Rosneft, an oil and gas exploration and production company listed in Russia.

Hess Corporation, 2013
Representation of Hess Corporation on the US$2.05 billion sale of its Russian subsidiary Samara-Nafta to LUKOIL.

Access Industries, 2013
Representation of Access Industries on its acquisition of interest in Russian power generating companies TGK-6 and TGK-7.

Publications

Article on enforcement of shareholders' (JV) agreements under Russian law, Mergers and Acquisitions, February 2006

Awards and Recognition

Eminent Practitioner: Energy & Natural Resources - Russia, Chambers Europe 2017, Chambers Global 2017

Eminent Practitioner: Corporate/M&A - Russia, Chambers Europe 2017, Chambers Global 2017

Leading Individual: Projects & Energy - Central & Eastern Europe, Chambers Global 2016

Chambers Global 2017
Eminent practitioner and managing partner Igor Ostapets is a long-established transactional lawyer in the Moscow market and is described by sources as a "savvy businessman."