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16 KUIBYSHEV STREET, 4TH FLOOR, 220029 MINSK, BELARUS
Tel:
Work +375 17 288 13 13
Fax:
Fax +375 17 204 86 72
Email:
Web:
www.spplaw.by
Minsk, Moscow

The firm

Founded in 2006 in Minsk, Stepanovski, Papakul and partners is currently one of the largest and most prosperous law companies in Belarus. SPP provides legal support to clients engaged in business activities such as banking and finance, construction, telecommunications, pharmaceuticals, retail chains, etc. SPP is the only law firm among business law consultants to start and successfully operate in a new practice area – criminal law (both for Belarusians and foreigners). The team of Stepanovski, Papakul and partners is constantly increasing, now comprising five partners and 22 lawyers.

Areas of practice

Corporate/M&A: advising on acquisition of control over one of the largest projects in renewable energy; advising on a potential acquisition by a foreign investor of the controlling stake in a footwear company; advising on the sale of the controlling stake of a milk processing plant; advising a Russian technical carbon producer on a €100m investment; acting as a legal adviser in a team of experts for Belarusbank to develop the strategy and attract investors for a non-controlling stake; legal due diligence of target companies doing business in the spheres of mining, retail and banking for the purpose of further M&A transactions; registration of subsidiaries of foreign companies with a specific status and residents of the China-Belarus Industrial Park Great Stone.

Dispute resolution: advised on a $3m cross-border corporate dispute related to a division of the asset of the joint venture; a cross-border dispute on compensation of damages amounting to more than $2m caused by production defects in railway cars; an out-of-court settlement of the cross-border dispute on repayment of the debt of a Belarusian company totalling more than €2m; protection of interests of a joint venture in a case of creditors for bankruptcy with a total debt of more than $1.2m; protection of interests of a foreign company in the bankruptcy case of a Belarusian debtor, the debtor did not recognise a debt of more than €900,000.

Tax: tax structuring in the interests of clients in various business spheres in Belarus; tax advice on construction and operation of alternative energy facilities and other manufacturers; tax advice concerning payment of indirect taxes in customs union.

Banking and finance/project finance: engagement in research of a country manual for a bank as an international financial organisation, including analysis of Belarusian financial regulations focusing on international financial organisation; participation as an external consultant in more than 35 investment projects including multi-step structured finance projects for the last four years; acting as a ‘full circle’ legal adviser and supporter of the international leasing projects for Scania AB in Belarus; acting as a ‘full circle’ legal adviser and supporter of the lending projects of JSC ‘Rietumu Banka’ in Belarus.

Intellectual property: performance of Microsoft software anti-piracy enforcement; engagement into Mir TM (Museum, UNESCO World Heritage) protection strategy development and appearance of the museum, protection and enforcement; cancellation of unfair competition caused by the pirate MECMAR TM registration; full assistance of trade mark inclusion in the custody register, representation of client’s interests in custody and judicial bodies performing administrative procedures during coming in of counterfeit products.

Competition and antitrust: advising companies that develop and use technology applications for matching riders and drivers on the issues of merger control; advising a defendant, a foreign pharmaceutical company, in investigation conducted after complaint of the local competitor and related to unfair competition and abuse of dominance and successful representation of his interests before the antimonopoly authority; successful representation of a client’s interests before the antimonopoly authority in the case related to abuse of dominance by the national telecommunication operator.

LanguagesEnglish
Russian

Number of lawyers 27

Above material supplied by Stepanovski, Papakul and partners.

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.