The Legal 500

Belarus

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Editorial

Leading individuals

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Egorov Puginsky Afanasiev & Partners demonstrates a ‘high level of professionalism and accuracy’, and is particularly strong in the banking and finance sector. It also has a solid corporate and M&A practice, including advising on matters such as joint ventures, due diligence, and related tax and antitrust matters. IAC, Technip Benelux and European Bank for Reconstruction and Development are key clients. Managing partner Dennis Turovets is ‘a highly experienced negotiator’, and Anna Rusetskaya ‘provides a thorough analysis of complicated matters, helping the client to navigate effectively in a foreign environment’.

Sorainen’s team includes the ‘responsive, knowledgeable and pragmatic’ Alexey Anischenko, the ‘flexible and efficient’ Maksim Salahub, as well as managing partner Kiryl Apanasevich. The firm advised Apalon Technologies on the sale of its mobile application business to Mindspark Interactive Network, and assisted Bank of Moscow during the $56m sale of Bank Moscow-Minsk to the Belarusian state.

Stepanovski, Papakul and Partners has ‘gained a brilliant professional reputation’, and is ‘a reliable partner in the Belarusian market’. Tatiana Ignatovskaya undertakes competition and IP-related work, Valery Papakul mainly handles corporate, M&A and banking matters, and Andrei Vashkevich focuses on dispute resolution. Managing partner Alexander Stepanovski is a highly recommended expert in family law.

VMP Vlasova Mikhel & Partners shows ‘a great understanding of the tech industry’, and also has ‘strong banking and finance knowledge, a client-oriented approach and excellent professionalism’. Head of banking and finance Tatiana Emelianova ‘shows seasoned experience and profound knowledge of structuring and closing a deal’. Tax specialist Konstantin Mikhel is another key figure along with Olga Mazaleva, who handles contentious matters.

‘Aleinikov & Partners’ law firmprovides timely and competent legal advice on all issues requested’. The group has been significantly active in the IT sector, and also attracts strong banking, finance and investment-related mandates. Denis Aleinikov and Dmitry Matveyev are ‘a dynamic duo, fiercely fighting in the interests of their client’. Senior associate Ksana Sidoruk is ‘knowledgeable and professional’. Highlights included acting for MapsWithMe on Mail.Ru Group’s acquisition of its MAPS.ME app.

Arzinger & Partners’ ‘deeply committed’ team has ‘a comprehensive knowledge of both national and international legislation’, and ‘always finds the best solution to every problem’. Managing partner Sergey Mashonsky handles banking and finance matters, Dmitry Viltovsky is ‘a great professional in the investment practice’, and dispute resolution partner Alexander Korsak has ‘a great bundle of knowledge, which allows him to foresee every possible risk’. IP-focused attorney Klim Stashevsky ‘shows true dedication to the project, with a high level of client care’.

Managing partner Sergei Makarchuk at CHSH Cerha Hempel Spiegelfeld Hlawati FLLC is ‘a highly experienced lawyer with a profound understanding of the local market’. The group has strong experience in cross-border mandates, and recently advised W&P Baustoffe on the €2m restructuring of its two local subsidiaries.

Revera Consulting Group’s key figures include corporate and M&A lawyer Dmitry Arkhipenko, and dispute resolution specialist Alexander Goretsky. Denis Bogdanov is ‘an irreplaceable real estate and construction adviser’; Anastasia Pavluchenko has ‘deep knowledge of local regulations and practices’, handling corporate, tax and customs disputes.

Sysouev, Bondar, Khrapoutski’s ‘reliable, authoritative and rapid’ team adeptly handles the full range of dispute resolution, corporate and tax matters, among others. Key partner Timour Sysouev acted for Retorsia Trade in a dispute with the Minsk state executive committee regarding a compulsory purchase of land. Alexandre Khrapoutski and Alexander Bondar are the other main practitioners.

Recent work for Dmitry Bokhan’s team at Verkhovodko & Partners LLC includes representing a plaintiff in a contractual claim of non-performance against Belgorkhimprom, and advising on the drafting and implementation of an international treaty in Belarus. Name partner Igor Verkhovodko handles corporate, banking, insurance and tax matters, as well as commercial disputes.

bnt attorneys-at-law is ‘a high-quality provider with short response times and excellent value for money’. Managing partner Alexander Liessem handles a range of corporate, energy, telecoms and public law matters. Highlights included advising Interferm on its investment in the construction of a yeast plant in Slutsk.

Borovtsov & Salei’s ‘always accessible’ team acts for multinational corporations and foreign private investors, advising on a range of issues including antitrust, IP, real estate and corporate law. Key contact Vassili Salei is ‘an intelligent and commercial lawyer’, and managing partner Alexander Botian has strong expertise in M&A. The firm strengthened its team by subsuming JurZnak in September 2015.

Andrei Neviadouski heads the group at Advocates Bureau Cierech, Neviadouski & Partners, where he focuses on civil litigation, international arbitration and construction matters. Czesław Cierech concentrates on taxation and investment-related work, and Aliaksandr Samuseu is an intellectual property specialist.

Dmitri Zikratski is the key contact at Peterka & Partners, which recruited corporate lawyer Lidia Razhkova in 2015. Highlights included acting for UniCredit Bank Czech Republic and Slovakia, variously on export finance issues and promissory notes, among other matters. European-Russian Bank and Andritz are also key clients.

At Law Company Veda Consulting LLC, managing partner Mikita Elizarovich has strong experience in high-value M&A, development projects and real estate acquisitions. Konstantin Skuratovich is the other key figure, handling a range of matters including currency regulation, tax planning, customs law and investments.

Vilgertsknows how to explain complex issues in understandable terms’, and gives ‘practical, appropriate and in-depth advice’ across its areas of expertise, which include cross-border M&A, renewable energy, international taxation and insolvency. Managing partner Roman Shpakovsky is ‘a tax and corporate expert strategist’, and is ‘client-oriented, with a flexible approach and creative thinking’.

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Legal Developments in Belarus

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Formation of the Customs Union of Russia, Belarus and Kazakhstan

    Russia, Belarus, and Kazakhstan will adopt new unified customs tariff and non-tariff regulations from January 1, 2010, and the Customs Union (the “CU”) of the three countries of the Eurasian Economic Community (the “EurAsEC”) will become a reality. The CU Customs Code (the “Customs Code”) is expected to take effect from July 1, 2010 to regulate the resulting integral customs zone.
  • Belarus Amends its Investment Legislation

    On 6 August 2009, the President of the Republic of Belarus signed Decree No. 10 On the Creation of Additional Conditions for Investing in Belarus. An investment contract is one of the ways of investing in the Republic of Belarus and enables an investor to obtain State support for an investment project and a waiver of sovereign immunity from suits, cautionary judgments, and enforcement of judgments and/or arbitration awards. Decree No. 10 introduces a new procedure for entering into investment contracts. It allows investors to be granted preferences and privileges under investment contracts, in addition to those granted under existing legislation, and also regulates the privileges to be granted to investors automatically upon execution of investment contracts.
  • Belarus Trademark Law Amended

    On July 15, 2009 Belarus passed the Law on the Introduction of Amendments to the Law of Republic of Belarus on Trademarks and Service Marks, which comes into force on January 25, 2010. The rationale behind the amendments is to bring Belarusian law in line with European countries’ laws - to facilitate eventual accession of the country to the WTO, and also to reflect new developments in case law.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to
  • Lower VAT On Hotel Services In Montenegro

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  • Karanović & Nikolić Joins The NextLaw Global Referral Network

    Karanović & Nikolić is pleased to announce that it has joined the NextLaw Global Referral Network, created by global law firm Dentons. We are particularly excited by the fact that Nextlaw presents a new type of network, with a unique invitation-only approach in their selection, ensuring that all of its members have the highest quality standards and a proven track record of excellence.
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    News reports are informing us that Belgrade will gain another bridge over the Danube river in the near future – this one at the Ada Huja island and over three kilometres long.
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    Media outlets have recently been reporting on the possibility that Nikola Tesla Airport will acquire Sava Centar (SC), with the purpose of turning it into its company headquarters. This acquisition would be followed by an investment of over EUR 30 million in the next three years for the building's reconstruction and adaptation. Such a decision would result in Sava Centar changing its name to "Congress Centre Nikola Tesla Airport", with an expanded array of facilities, including a tower, a shopping mall, and a hotel. The funds for the investment in question will be hailing from the Airport's own assets.
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    Global competition law circles have recently been shaken by the European Commission's record-setting fine of EUR 2.93 billion for collusion on the automotive market, imposed against Volvo, Daimler, Iveco and DAF trucks. The sanctions in question varied amongst the accused parties, with Daimler facing the largest penalty in the amount of more than EUR 1 billion on its own. Iveco's fine was set at EUR 494 million, DAF's at EUR 752 million, and Volvo's fine has been set at EUR 670 million.
  • Cartel Office ensures greater competition in rail sector

    The German railway company Deutsche Bahn must allow for more competition. The Bundeskartellamt, Germany’s Federal Cartel Office, found that the company had abused its dominant market position with respect to the sale of rail tickets.
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    Those who still want to withdraw from real estate loans concluded between 2002 and 2010 should take action now while the right of withdrawal is on its last legs. This get-out-of-jail-free card is set to lapse shortly.