Firm Profile > Stepanovski, Papakul and partners > Minsk, Belarus

Stepanovski, Papakul and partners
220029 MINSK

Commercial, corporate M&A Tier 2

Stepanovski, Papakul and partners specialises in corporate restructuring and competition law, demonstrating ‘high levels of expertise’ in domestic legislation. Clients, many of which are foreign companies, operate in sectors such as telecoms, retail, energy, construction, and hotels. Valery Papakul and Andrei Vashkevich are names to note.

Practice head(s):

Valery Papakul


‘The most valuable aspects of the firm for me as an in-house lawyer are the availability of the partner, flexible approach on timing in relation to the urgent requests, and an ability to provide risk assessment; not strictly legal advice.’ 

‘All of the team members have high levels of expertise and may answer any request based on the local legislation as well as court precedents.’ 

Key clients


ALRUD Law Firm

Libretik LLC

New Eurasia Foundation

Curitiba SLR

Food Union



Dispute resolution Tier 2

Stepanovski, Papakul and partners focuses its attention on complex corporate disputes, representing both private individuals and larger Belarusian companies. Clients span manufacturing, construction, chemicals, and transportation companies. ‘High-class specialistAlexadner Lobaty heads the practice. Andrei Vashkevich joined Lex Torre.

Practice head(s):

Alexander Lobaty


‘Labaty Aliaksandr works fantastically with the evidence and creates a strong position on it, seemingly out of nothing.’ 

‘Oksana Puchkovskaya helped me through labor disputes. She can work around the clock, is aggressive in her defense, and investigates the case even more thoroughly than the judges themselves.’ 

‘The company has top-level experts who have a thorough knowledge of the law and current practice and recognize risks that many do not know about.’ 

‘Anop Irina is a specialist in corporate disputes and turnover of shares; she has an astonishing knowledge and understanding of her expertise area and she is ready to defend her client day and night.’ 

‘Labaty Aliaksandr is a key specialist with whom we worked the most. He is very precise when choosing a position and his prognoses have been highly accurate.’ 

‘We would like to stress the key feature of the practice: an ability to achieve set goals. Everything was done in due course regarding both timelines and a high quality of a work.’ 

‘Our interests were represented by Labaty Aliaksandr. In our opinion, he is a high-class specialist who really does know how to do his job properly. He has always been in touch with us, even on the weekends. Communication with him gave the confidence that he considers all risks and opportunities and is capable to use it to our advantage.’ 

Key clients

Soligorsk Institute of Resources Saving

Problems with Pilot Production JSC

Veronica Simonova

Brestvneshtrans JLLC


Weis Consulting Assoc.

A.M. Buhanov

Banking, finance and capital markets Tier 3

Stepanovski, Papakul and partners has a particular focus on assisting international banking clients with the drafting of agreement terms and securities for cross-border loans. Project financing and due diligence reviews are other key strengths, usually complemented by advice on regulatory matters. Banking expert Sviatlana Valuyeva primarily leads on matters.

Practice head(s):

Maria Sheiko

Key clients

Gazprombank AO

Commerzbank AG

European Bank for Reconstruction and Development

Real estate and construction Tier 3

At Stepanovski, Papakul and partners, the team provides ‘non-obvious solutions to the client's issues’ and maintains ‘a balance between legal risks and the client's interests and needs’. It acts for domestic and international clients and has a core focus handling real estate transactions: sales and purchases, leases, reorganisations, as well as corporate transactions. Clients include investors, developers, construction and engineering companies, international corporations and local business owners. Dmitry Kovalchik is the key name. Andrei Vashkevich joined Lex Torre.

Practice head(s):

Dmitry Kovalchik


‘The main advantage of Stepanovski, Papakul & Partners Attorneys at Law are the non-obvious solutions of the client’s issues; they always maintain a balance between legal risks and client’s interests and needs.’ 

‘Very solid and experienced team in the field of real estate in a country which has different norms and approaches.’ 

‘There is always a quick response, and professional answers are supported by references to laws and regulations.’ 

Key clients


Leroy Merlin

H&M 1

Rietumu Bank

European Bank for Reconstruction and Development


Mark Formelle LLC

Belwest LLC

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. The team of Stepanovski, Papakul and partners is constantly increasing, now comprising four partners and 20 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 €100 m 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 $3 m 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 $2 m 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 $1.2 m; 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 40 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.

Department Name Email Telephone
Administrative Dmitry Semashko
Advertising and marketing Tatiana Ignatovskaya
IT/IP Nadya Hadanovich
Alternative dispute resolution Alexander Stepanovski
Alternative dispute resolution Olga Obsekova
Banking and finance Sviatlana Valuyeva
Capital markets Irina Anop
Capital markets Katsiaryna Semianiuk
Commercial Sergey Chistyakov
Commercial Alexey Korol
Competition and antitrust Tatiana Ignatovskaya
Competition and antitrust Katsiaryna Semianiuk
Corporate Katsiaryna Semianiuk
Corporate Maksim Kosachev
Customs and international trade Sergey Chistyakov
Dispute resolution Olga Obsekova
Dispute resolution Alexander Lobaty
Family/matrimonial Alexander Stepanovski
Insolvency Valery Papakul
Insolvency Maksim Kosachev
IT/IP Sviatlana Valuyeva
Employment and migration Valentina Ogarkova
Employment and migration Oksana Puchkovskaya
Mergers and acquisitions (M&A) Valery Papakul
Mergers and acquisitions (M&A) Maksim Kosachev
Real estate and construction Dmitry Kovalchik
Tax Elena Sapego
Tax Sergey Chistyakov
Photo Name Position Profile
Mr Andrei Vashkevich  photo Mr Andrei Vashkevich Andrei Vashkevich was a partner at Attorneys at Law Stepanovski, Papakul & partners…
Number of lawyers : 20