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Egorov Puginsky Afanasiev & Partners

11 Z. BIADULI ST, 117A INDEPENDENCE AVENUE, MINSK, 220034, BELARUS
Tel:
Work +375 17 268 8282
Fax:
Fax +375 17 268 8272
Email:
Web:
www.epam.ru
Kiev, London, Minsk, Moscow, St Petersburg, Washington DC

Belarus

Banking, finance and capital markets
Banking, finance and capital markets - ranked: tier 1

Egorov Puginsky Afanasiev & Partners

The team at Egorov Puginsky Afanasiev & Partners is ‘very good at finance transactions’, providing 'a professional, very swift’ and overall ‘outstanding service’. The group recently received an instruction from Citigroup Global Markets and Raiffeisen Bank International concerning the Republic of Belarus' issuance of $2bn of sovereign eurobonds. The European Bank for Reconstruction and Development is also a client and sought the team’s advice on a €24m senior secured loan provided to OMA LLC. Practice head Dennis Turovets is ‘always responsive and provides sensible solutions to difficult challenges’ while associate Anastasia Yarokhovich is ‘great to work with’.

Leading individuals

Dennis Turovets - Egorov Puginsky Afanasiev & Partners

Next Generation Partners

Anastasia Yarokhovich - Egorov Puginsky Afanasiev & Partners

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Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 1

Egorov Puginsky Afanasiev & Partners

Lawyers at Egorov Puginsky Afanasiev & Partners are ‘very well organised’ and ‘client oriented’. Anna Rusetskaya heads the practice, which has experience in handling the purchase and sale of shares, the acquisition of overseas assets, structuring M&A transactions in foreign jurisdictions and advising on joint venture and investment projects. Dennis Turovets and senior associate Alexander Buzo are the other key names; the duo are advising Heineken on the sale of shares in two Belarusian subsidiaries to Oasis. The team also notably acted for Nordic Aviation Capital on the leasing of five Embraer aircraft to Belavia.

Leading individuals

Anna Rusetskaya - Egorov Puginsky Afanasiev & Partners

Next Generation Partners

Alexander Buzo - Egorov Puginsky Afanasiev & Partners

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Dispute resolution
Dispute resolution - ranked: tier 2

Egorov Puginsky Afanasiev & Partners

Egorov Puginsky Afanasiev & Partners’ ‘dispute practice has built a solid reputation in the Belarusian legal market’. The team possesses ‘all of the necessary skills and knowledge to achieve the best value deal for the client’ and is headed by the ‘brilliant negotiator’, Dennis Turovets. International disputes dominate the recent caseload, one notable example was Turovets' representation of Les Publications Condé Nast in a trade mark infringement case concerning the naming of a Belarusian restaurant. Senior associate Igor Yatskovsky is also noted.

Leading individuals

Dennis Turovets - Egorov Puginsky Afanasiev & Partners

Next Generation Partners

Igor Yatskovsky - Egorov Puginsky Afanasiev & Partners

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Real estate and construction
Real estate and construction - ranked: tier 2

Egorov Puginsky Afanasiev & Partners

Egorov Puginsky Afanasiev & Partners assists with the legal, financial and tax structuring of real estate transactions and also handles development and construction matters. The team recently advised the European Bank for Reconstruction and Development and Belarussian authorities on the upgrade of the M10 road. It also acted for Technip Benelux on the performance of a €60m hydrogen plant construction project in Belarus. Dennis Turovets heads the practice.

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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.