Mr Denis Aleinikov > Aleinikov & Partners > Minsk, Belarus > Lawyer Profile

Aleinikov & Partners
22-35 OLSHEVSKOGO ST.
220073 MINSK
Belarus

Work Department

M&A; Capital Markets; Investment Management; Investment & Infrastructure & PPP.

Position

Senior Partner. Advocate

Career

For more than 20 years Denis Aleinikov has been practicing dispute resolution and advising on investment projects with foreign capital in such industries as information technology, capital markets and others.

The career of Denis is marked by contributing to several public reforms, primarily aimed at establishing a legal framework for building a digital economy. Denis’ experience includes, inter alia, advising a number of Eastern European country governments and international institutions with some of remarkable roles as follows:

  • Adviser to the Ukrainian Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov on development of digital economy and creation of a global technology hub Diia City in Ukraine. 
  • Adviser – developer of the Belarusian legislation on development of digital economy (Decree of the President of the Republic of Belarus No.8 “On Development of Digital Economy” dated 21.12.2017 ).
  • Adviser to the Eurasian Economic Commission​​ on development of the Draft Recommendation “On the principles of creating a harmonized regulatory environment in regard to usage of digital assets, digital tokens (tokens), cryptocurrencies in the EAEU” and development of the draft Joint Blockchain & Cryptocurrency Glossary for the EAEU member states.
  • Adviser to the Hi-Tech Park Belarus in respect of building an international technology cluster (also known as HTP 2.0) in Belarus.
  • Adviser to the IT Park of Uzbekistan on development of the technology sector and startup ecosystem in Uzbekistan.
  • Adviser to the Bank of Development of the Republic of Belarus on drafting normative legal act for laying foundation to conduct venture capital financing.
  • Adviser in the U.S. Agency for International Development (USAID) project for the development of venture capital ecosystem in Belarus – AID-Venture program.
  • Adviser to the World Bank within the World Bank project named “Belarus: assistance in development of the securities market after the financial sector has been assessed”.

Recognition & Awards

Denis Aleinikov is recommended as a lawyer by the most authoritative international rankings such as Chambers Global, Chambers Europe, The Legal 500, International Financial Law Review 1000.

Ranked twice as “Leading Individual” in Dispute Resolution by The Legal 500.

“Highly regarded” lawyer in Investment Management, Capital markets and M&A according to IFLR1000 2020.

Awarded with Certificate of Appreciation by the Administration of the President of the Republic of Belarus (2018).

Awarded with Certificate of Appreciation by the Belarusian Bar Association (2018).

Laureate of the Highest legal prize “Themis” (2009).

Awarded with Certificate of Appreciation by the Belarusian Union of Lawyers (2007).

Professional experience

Transactional work

Advising AIMATTER, a history-making developer of Fabby app, in the acquisition by Google. This represents the first-ever M&A transaction for the Belarusian IT industry when a world’s top technology giant has acquired a local company.

Advising Vizor Games, a Belarus leading developer of multiplayer games for browser, social networks, and mobile platforms, on a strategic partnership with Playrix, the third-largest mobile game developer in the world (2021, App Annie).

Advising Kapsch TrafficCom on building Electronic Toll Collection System in the Republic of Belarus (BelToll). The investment project was implemented successfully on the terms of the Investment agreement with the Republic of Belarus, whereas the announced investment amount came to € 267 mln. The project was the first classic example of the public-private partnership in Belarus, which was executed based on build-transfer-operate scheme.

Advising China CAMC Engineering Co, a member of Sinomach Group, China’s largest state-owned corporation under the management of the Chinese Government, on the foundation of Chinese-Belarusian joint company on the development of Industrial Park “Great Stone”. The Industrial Park is the most ambitious international investment project being implemented in the Republic of Belarus. The three-tier system of administration in the Park is helmed by the Intergovernmental Coordination Panel of Belarus and China.

Assisting in the pilot privatization project in regard to OJSC “Minsk margarine plant” and confectionary factory OJSC “Konfa”. Implementation of the project was executed by the Ministry of Economy of the Republic of Belarus and the National Agency on Investment and Privatization supported by the World Bank. The project was implemented by a consortium of partners involving Aleinikov & Partners and international group of companies Ernst & Young.

Advising Falcon investment company, a subsidiary of the Investment Fund of Armed Forces of the State of Qatar, on the construction of the 5* Minsk Marriott hotel and Falcon Club sports & entertainment complex.

Advising of Microsoft, McDonald’s, British-American Tobacco, HARIBO and other transnational corporations on a wide range of issues connected with the activity on the territory of the Republic of Belarus.

Dispute Resolution

Representing interests of Blitz Team, a gamedev studio founded by former Wargaming employees, in connection with a number of legal actions taken by Wargaming;

Representing interests of UAPROM (Ukraine), owner of Deal.by platform, in a dispute against competing Belarusian organization;

Representing interests of Turkish KOCA Construction Industry and Export Incorporation in regard to recognition and enforcement in the Republic of Belarus of the arbitral award of the Arbitration Institute of the Stockholm Chamber of Commerce on the amount of more than $9 mln.;

Representing interests of HARIBO (Defendant) in a major pecuniary dispute with a Belarusian organization;

Representing interests of an Arabic investor – a building owner of a multifunctional complex in the city of Minsk within the settlement of a dispute with a principal contractor on the issues of payment of the construction and installation works omitted by the contract at the amount of $14 mln.;

Representing interests ofLithuanian corporation ICOR on recognition and enforcement in the Republic of Belarus of arbitral award of the Arbitration Institute of the Stockholm Chamber of Commerce to the amount of more than $1 mln.;

Representing interests of one of the largest Belarusian insurance organizations (Defendant) in the range of disputes with foreign organizations on reinsurance agreements at the amount of more than $15 mln.;

Representing interests of a Belarusian principal contractor (Defendant) in the claim aimed at canceling contracting auctions in construction and the subsequent agreements at the amount of more than $30 mln.;

Representing interests of a Belarusian construction organization (Defendant) in the claim aimed at canceling principal contractor agreement at the amount of more than $9 mln.;

Representing interests of Belintertrans in a complex of corporate disputes with Lithuanian Alvora and Vinges Terminalas on the issues of business separation and separation of immovable property of a transport and logistics hub in the city of Rakov.

Languages

English, Russian

Education

Graduated with honors from the Academy of Public Administration under the aegis of the President of the Republic of Belarus, Faculty of Law

Lawyer Rankings

Belarus > Banking, finance and capital markets

The team at Aleinikov & Partners stands out for its fintech expertise, and recently assisted Bank BelVEB, a subsidiary of VEB.RF with the creation of the first platform for the release of digital financial assets in Belarus. The key contacts are Dmitry Matveyev and Denis Aleinikov, and the latter is also a member of the Digital Economy Development Council. Venture financing is another area of expertise for the group.