The Legal 500

Freshfields Bruckhaus Deringer

KADASHEVSKAYA NAB 14/2, 119017 MOSCOW, RUSSIA
Tel:
Work +7 495 785 3000
Fax:
Fax +7 495 785 3001
Web:
www.freshfields.com
Email:

What we say about the firm's legal practice in Russia

Banking and finance

Within Banking and finance, Freshfields Bruckhaus Deringer LLP is a second tier firm,

At Freshfields Bruckhaus Deringer, Mikhail Loktiniov leads a team that boasts a number of talented senior associates. Recently, the firm advised Rolf Group on a $500m secured syndicated facility to restructure its existing bilateral facilities with five banks. The firm also assisted EuroChem on a $261m unsecured facility from a syndicate of international banks lead by Barclays Capital, and covered by The Export Credit Insurance Corporation of South Africa. Corporate finance partner Harvey Nugent is also recommended.

Capital markets

Within Capital markets, Freshfields Bruckhaus Deringer LLP is a second tier firm,

At Freshfields Bruckhaus Deringer, Mikhail Loktionov’s capital markets team advised Globaltrans Investment on its $175m secondary offering of GDRs and the acquisition of a 50% controlling interest in BaltTransServis, with Deutsche Bank and Morgan Stanley as joint global coordinators, VTB Capital as joint bookrunner and UniCredit as co-lead manager. It also assisted Russian Railways on its $1.5bn debut Eurobond offering, listed on the Irish Stock Exchange.

Corporate and M&A: Moscow

Within Corporate and M&A: Moscow, Freshfields Bruckhaus Deringer LLP is a first tier firm,

Freshfields Bruckhaus Deringer is ‘well staffed with experienced expatriates with sound knowledge of doing business in Russia and very competent Russian lawyers. This good mix ensures a high sensitiveness to local factors while keeping the quality of the work delivered by the firm’. Dmitry Surikov leads a team that includes the considerable talents of Harvey Nugent and Igor Gerber. As well as advising on big-ticket M&A transactions, liability management exercises have kept the firm busy over recent months. Recently it advised JPMorgan as financial adviser to MTS's $1.27bn acquisition of a 50.91% stake in the listed Russian telecommunications operator Comstar United TeleSystems from AFK Sistema.

Dispute resolution

Within Dispute resolution, Freshfields Bruckhaus Deringer LLP is a second tier firm,

Freshfields Bruckhaus Deringer is ‘excellent’, ‘one of the top firms for dispute resolution’. The firm is currently representing a major Russian ammonia producer in more than 60 separate litigation proceedings in relation to its attempted hostile takeover. Yaroslav Klimov has ‘deep legal knowledge, extensive practical experience, responsiveness, excellent language skills and intelligence’.

Employment

Within Employment, Freshfields Bruckhaus Deringer LLP is a third tier firm,

At Freshfields Bruckhaus Deringer, Olga Chislova ‘is highly responsive and offers a deep understanding and knowledge of Russian labour law matters’. Clients include Bank Credit Suisse, Bristol-Myers Squibb, EADS, Eni, Mitsui and Nomura.

Energy and natural resources

Within Energy and natural resources, Freshfields Bruckhaus Deringer LLP is a second tier firm,

At CMS Russia, energy practice leader Natalia Kozyrenko is ‘an excellent lawyer, very knowledgeable and responsive’. Known particularly for its expertise in oil and gas, the firm continues to act for BP on Sakhalin V and Sakhalin IV and Rosneft on Sakhalin III. The firm is also advising Technip on the Shtockman project. John Hammond and Dominique Tissot are highly regarded.

Legal market overview

Within Legal market overview,

The Russian legal market is volatile, and lateral hires of both individuals and, in some cases, teams are part of the legal landscape. This year international firms such as Clifford Chance, Freshfields Bruckhaus Deringer, Gide Loyrette Nouel, White & Case LLC and Linklaters CIS were all subject to key partner moves. One firm’s loss is another’s gain, and, despite the difficult economic climate, many law firms, including those mentioned above are investing in growth. Akin Gump Strauss Hauer & Feld LLP has for example welcomed the tax team from what was once Hogan & Hartson LLP. Of the Russian firms, Vegas Lex suffered a blow when a number of its partners left to form Korelskiy Ischuk Astafiev and Partners, Attorneys at Law.

Public private partnership

Within Public private partnership, Freshfields Bruckhaus Deringer LLP is a first tier firm,

It knows the peculiarities of Russian PPP in different industries – in any field where PPP has stepped up in Russia, Freshfields Bruckhaus Deringer has sound, hands-on experience’. The firm recently advised the lenders (VEB and Sberbank) on a RUB29.2bn financing of the project to construct and operate the first section of the Moscow- St Petersburg toll road. Team leader Innokenty Ivanov is ‘quick-witted, with a subtle feeling for human psychology that makes him an excellent negotiator’.


What we say worldwide

Please choose another Freshfields Bruckhaus Deringer LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

Offices in Dubai and Abu Dhabi

Austria

Offices in Vienna

Belgium

Offices in Brussels

Bahrain

Offices in Seef District

China

Offices in Beijing and Shanghai

Germany

Offices in Dusseldorf, Hamburg, Frankfurt, Berlin, Munich, and Cologne

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Hong Kong

Offices in Hong Kong

India

Italy

Offices in Milan and Rome

Japan

Offices in Tokyo

London

Offices in London

Morocco

Netherlands

Offices in Amsterdam

Philippines

Russia

Offices in Moscow

Saudi Arabia

Offices in Riyadh

Tunisia

United States

Offices in New York and Washington DC

Vietnam

Offices in Ho Chi Minh City and Hanoi

Legal Developments in Russia

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to