The Legal 500

Belarus

Editorial

Index of tables

  1. Legal market overview
  2. Leading individuals

Leading individuals

Egorov Puginsky Afanasiev & Partners’ corporate head Anna Rusetskaya and managing partner Dennis Turovets are part of a working group of legal advisers acting for the Belarusian Ministry of Economy on a pilot privatisation project. Other work included acting for Exide Technologies on a joint venture project in Belarus and advising the EBRD on the financing of a technology park in Minsk. Corporate, finance and capital markets are core elements of the practice.

Baltic firm Sorainen draws on its ‘very good knowledge of the local market’ to deliver ‘advice that is straight to the point and addresses all the key issues’. Maksim Salahub and Kiryl Apanasevich acted as local counsel to Rosbank in its sale of shares in Belrosbank to Alfa-Bank. The firm recently hired two new special counsel and a number of associates, taking its tally of lawyers to 19.

Stepanovski, Papakul and Partners’ impressive client roster includes household names such as British American Tobacco, Danone and Harley-Davidson. Alexander Stepanovski heads the five-partner office, which provides a comprehensive service.

Vlasova Mikhel & Partners Law Firm is praised for its ‘proactive and result-oriented approach’. Among recent matters, head of banking and finance Tatiana Emelianova acted for Alfa-Bank during its €25m acquisition of Belrosbank, and managing partner Konstantin Mikhel has been advising GCM Global Energy plc on the construction of an ore mining and processing plant. Liliya Vlasova heads the mediation practice.

‘Aleinikov & Partners’ law firm’s practice covers corporate and finance matters as well as dispute resolution. Denis Aleinikov is praised for his ‘proactive approach and ability to provide useful advice in a prompt manner’, and Dmitry Matveyev is ‘an excellent lawyer with a highly developed talent for finding practical solutions to difficult issues’.

Borovtsov & Salei’s four-partner team regularly receives referrals from leading international law firms across a wide range of matters including antitrust, banking and finance, and corporate law. Founding partners Valentin Borovtsov and Vassili Salei are key contacts.

CHSH Cerha Hempel Spiegelfeld Hlawati almost exclusively acts for international clients with interests in Belarus. Recent mandates include advising Deere & Company on a joint venture with a Belarusian manufacturer of agricultural machinery, and advising Monster Energy on structuring its distribution system. Managing partner Sergei Makarchuk is a key contact.

Revera Consulting Group’s 25-strong team advises domestic and international clients on their Belarusian business interests, and works closely with governmental institutions on various legal and commercial matters. The firm has created a new advocacy bureau, through which it handles contentious matters. Managing partner Dmitry Arkhipenko is recommended.

Sysouev, Bondar, Khrapoutski works to ‘high international standards’. Timour Sysouev is ‘extremely good in litigation and arbitration’, Alexander Bondar is ‘a top professional in real estate and M&A’, and Alexandre Khrapoutski has ‘the ability to provide practical and timely feedback’.

Verkhovodko & Partners LLC’s lawyers ‘have a vast wealth of expertise and professional skills’, which they put to use for a client base that includes Gazprom, Turkish company EMSAS, and a state-owned nuclear power company. Igor Verkhovodko, Dmitry Bokhan and litigator Igor Petukhov are recommended.

Archer Legal is ‘highly recommended in corporate and commercial matters’, where Oksana Batsanova is ‘creative, responsive, knowledgeable and practical’. Managing partner Ivan Martynov is ‘a good negotiator’, who is representing a British investor in a $7m real estate dispute.

Arzinger & Partners represents high-profile clients such as Zara, AKA Bank and the Belarusian Oil Company across corporate, commercial and litigation matters. Sergey Mashonsky, head of corporate Dmitry Viltovsky and head of dispute resolution Alexander Korsak are the key figures.

bnt attorneys-at-law’s client base is almost exclusively international in nature. German qualified managing partner Alexander Liessem is ‘a very good corporate lawyer’ with ‘excellent analytical and structuring skills’.

Ernst & Young has ‘sound knowledge in the field of taxation and finance’. Clients include Coca-Cola, Kraft Foods, and the Belarusian Ministry of Economy. Managing partner Andrei Chumakov is highly recommended.

Glimstedt Law Firm meets ‘high standards of performance’. Managing partner Vitaly Kachelya is praised for his customer service, versatility and ‘good knowledge of local and international legislation’.

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

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
  • P+P Pöllath + Partners berät die DATA MODUL AG, München, bei öffentlicher Übernahme durch Arrow

    Die DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen mit Sitz in München („Data Modul AG“) steht vor einer öffentlichen Übernahme durch die Arrow Electronics, Inc. mit Sitz in Centennial, Colorado/USA. Deren Tochtergesellschaft Arrow Central Europe Holding Munich GmbH hat als Bieterin ein freiwilliges öffentliches Übernahmeangebot zum Erwerb sämtlicher Aktien der Data Modul AG zu einem Angebotspreis von EUR 27,50 je Aktie angekündigt. Dies entspricht einer Prämie von rund 36% auf den gewichteten durchschnittlichen Börsenkurs der Data Modul-Aktien während der letzten drei Monate.
  • VEGAS LEX continues to represent OGK-2 in its gas turbine engine quality dispute

    On January 14, 2015, the VEGAS LEX law firm won an appeal case in the Sixteenth Commercial Court of Appeals for the sake of the Second Generating Company of the Wholesale Power Market (OGK-2)* in a dispute over the quality of a gas turbine engine (GTD-110) supplied by NPO Saturn to compel the defendant to restore the equipment's operation after a breakdown. The court ordered NPO Saturn to repair the broken GTD-110, with the cost of repairs adding up to RUB1bln, which is comparable with the cost of new equipment.
  • VEGAS LEX helps collect lost profit for Khanty-Mansiysk Non-State Pension Fund

    On January 13, 2015, the VEGAS LEX Dispute Resolution Practice won a case in the Ninth Commercial Court of Appeals for the sake of the Khanty-Mansiysk Non-State Pension Fund* in a dispute over a trust management agreement with regard to the fund's pension reserves.
  • Positive Developments for the Economy of Cyprus

    Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 It has been around one year and a half since the Eurogroup decisions to recapitalise Bank of Cyprus via a bail-in on 25 th of March 2013. Cyprus has worked hard since then to exit the financial crisis and to maintain its status and reputation as an international financial centre. Within October 2014, several positive developments which took place suggest that Cyprus is on a good path. These positive developments include: /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif";}
  • Avellum Partners Advised Nadezhda Group on Corporate Restructuring

    Kyiv, 29 December 2014  - Avellum Partners advised Nadezhda Group ("Group"), operating in the liquefied petroleum and gas industry, on tax planning for holding structure of the Group, all legal and tax aspects of corporate restructuring and acquisition finance issues, aimed at obtaining finance from international finance institutions ("IFIs").
  • Avellum Partners Advised on Exchange Offer of Metinvest

    Kyiv, 14 January 2015  - Avellum Partners acted as Ukrainian legal counsel to Deutsche Bank AG, London Branch and ING Bank N.V., London Branch, who acted as Dealer Managers, in connection with the exchange offer of Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies ("Metinvest") for its USD500 million 10.25% guaranteed notes due 2015, coupled with the new issue of USD289.7 million 10.5% guaranteed notes due 2017 ("Notes") under its USD1,500,000,000 Guaranteed Medium Term Note Programme and a 25% cash consideration. The Bank of New York Mellon, London Branch acted as the Exchange Agent. The Notes are listed and admitted to trading on the Global Exchange Market of the Irish Stock Exchange.
  • Gorodissky new practices

    In December 2014 the IP team of Gorodissky & Partners was joined by Valery Narezhny who will be in charge of the firm's new law practices such as taxes, customs and commercial laws. Valery graduated from Finance Academy under the Government of Russia (Moscow) majoring in "Finances and Credits" and the Academy of Law and Management (Moscow) majoring in "Civil Law", holds PhD degree in economics. He is specializing in taxes, currency, customs, labor and commercial laws and in court disputes. Valery started his carrier in the state bodies (Tax Policy Department, Ministry of Finance, and Government Administration), worked for a number of Russian and international law firms. He is author of more than 150 publications and 9 books on taxation and civil law issues. Valery Medvedev, Managing Partner, Gorodissky & Partners, commented: "It appears from our clients' enquiries that they are in the need to obtain consultations and professional advice relating not only to protection and enforcement of intellectual property rights but also to IP issues governed by taxes, labor, currency and commercial laws. Valery Narezhny having considerable experience and knowledge in these practices will no doubt enhance our team of lawyers and considerably enlarge the range of the firm's legal services"
  • HaoLiWen helps client resolve TP case with the customs

    HaoLiWen has advised a multinational client in a case of the customs challenge against import transfer pricing. Recently, this case was successfully closed. The customs has accepted the transfer pricing policies of the client.  The client has incurred no further import tax exposure, and the deposits put up with the customs for the shipments in question are to be refunded by the customs to the client.  
  • VEGAS LEX to support 2015 Jessup Moot Court Competition

    The VEGAS LEX law firm will support this year's Philip C. Jessup International Law Moot Court Competition, the largest and most prestigious law school competition, which will take place in Moscow from January 28 through February 1.
  • P+P Pöllath + Partners berät die Deutsche Bank und DN Capital bei Investitionen in Onlineportal Wi

    Der Onlinehändler Windeln.de hat seine bislang größte Finanzierungsrunde abgeschlossen. Mit einem Investitionsvolumen von insgesamt etwa EUR 45 Mio. beteiligten sich neben dem Hauptinvestor Goldman Sachs auch die bisherigen Geldgeber MCI Management, 360 Capital Partners, die Londoner Beteiligungsgesellschaft DN Capital sowie mehrere Deutsche Bank Fonds.