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Capital Legal Services

Work +7 812 346 7990
Fax +7 812 346 7991
Helsinki, Moscow, St Petersburg

Pavel Karpunin

Work +7 (812) 346 79 90
Capital Legal Services

Work Department

Corporate Law, Mergers and Acquisitions, Project Financing and Public-Private Partnership (PPP), Contract Law, Labor Law, Investments, Infrastructure Projects, Natural Resources & Energy Sector, Pulp and Paper Industry


Pavel Karpunin is a Partner in Capital Legal Services and is a Head of Corporate Practice and Project Financing Practice.


Pavel has over 20 years of experience in practicing law, 6 of which he was involved in oil and gas projects as in house attorney of an oil company and as an associate in a law firm. During his professional career he has supervised numerous investment projects and advised on complex projects of corporate restructuring and M&A in such sectors as transport and transport infrastructure, manufacturing of construction materials, pulp and paper industry. Pavel has rendered legal support for foreign companies setting up and developing business in Russia. Pavel has on many occasions served on the boards of directors and has been secretary of shareholders meetings for client companies. Pavel is recognized as one of the leading attorneys in public-private partnership in Russia. He has extensive experience of representing the interests of both investors and government authorities in first-of-a-kind and first-in-the-country public-private partnership projects in Russia. Pavel was a member of the team working on the Doing Business Project conducted by the World Bank and focused on providing objective measures of business regulation and their enforcement in Russia. Pavel plays an active role in projects related to development of the legal profession and the judicial system in Russia. Legal 500 note high expertise of practices headed by Pavel Karpunin and recommend Capital Legal Services as legal adviser for companies doing business in Russia in such areas of law as corporate/M&A and public-private partnership (PPP).


Russian and English


Member of the Inter-Pacific Bar Association ("IPBA")


Moscow State University Law School, 1995, (graduated with highest honors); Russian Institute of State Registrars at the Ministry of Justice of the Russian Federation, 2001; Academy of National Economy at the Government of the Russian Federation, 2004 (graduated with highest honors).


Commercial, corporate and M&a: St Petersburg and elsewhere

Within: Commercial, corporate and M&a: St Petersburg and elsewhere

Capital Legal Services is distinguished by its ‘practical and flexible client-focused approach’, ‘taking into account all the specific circumstances of the matter’. The department is led by Dmitry Churin, who ‘is deeply involved in all aspects’ and ‘sets out recommendations to include all the fine points in a very organised, clear and convincing manner’. Highlights included advising Perm Concession Company on corporate issues and shareholders agreements concerning a major transportation project in Perm. Pavel Karpunin has extensive expertise in investments and acquisitions made by foreign entities. Managing partner Vladislav Zabrodin is also of note.

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PPP and infrastructure projects

Within: Leading individuals

Pavel Karpunin - Capital Legal Services

Within: PPP and infrastructure projects

The ‘highly creative and responsive’ team at Capital Legal Services provides 'value for money' and is particularly active in regional transport and healthcare projects where it demonstrates ‘in-depth expertise of Russian law and industry practices’. Project finance expert Pavel Karpunin advises the Sibirskaya Concession on a concession agreement for the construction and operation of a toll bridge across the Ob River in Novosibirsk. He also advised the City of St Petersburg on the first healthcare PPP agreement for the construction of a hospital and rehabilitation facility. Dmitry Raev ‘demonstrates the perfect combination of creativity and outstanding quality of expertise with a hands-on approach’ and works alongside Karpunin in handling large-scale investment and infrastructure projects.

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