Firm Profile > Aequo > Kiev, Ukraine

01010 KYIV

Banking, finance and capital markets Tier 1

Aequo is 'experienced and provides high-level advice with good knowhow and market experience, and extremely fast responses'. Practice head Yulia Kyrpa and of counsel Denys Kulgavyi, who rejoined the firm after a secondment with a large agricultural company, are highly recommended for their experience advising international financial institutions. The team has also been strengthened by the arrival of associates Olesia Mashtaler and Anna Potapova, from the National Bank of Ukraine and Arzinger, respectively, to handle its growing workload, which includes high-value matters such as large bond issues and cross-border loans. It also excels in regulatory matters. Of counsel Maria Tsabal joined from Avellum in 2020.

Practice head(s):


Yulia Kyrpa and Bohdan Dmukhovskyy understand the industry and always try to apply a practical approach.

Maria Tsabal delivers promptly and effectively and is a pleasure to deal with and enables us to deliver a seamless service to clients.

Key clients

European Commission


European Bank for Reconstruction and Development



Fitch Ratings

Dragon Capital

Hungary Central Bank

Agroprosperis Bank


Naftogaz of Ukraine



China Development Bank

Raiffeisen Bank International

Commercial, corporate and M&A Tier 1

Aequo continues to build on its impressive client base for cross-border and high-value matters. Among its clients are Vodafone Ukraine, Google and Posco Daewoo. The 'skilled, experienced and client-oriented' practice is led by Anna Babych, who has expertise in domestic and international M&A and corporate governance, and managing partner Denis Lysenko, who has extensive experience advising foreign investors on cross-border transactions. The team is also a leader in the private equity space, with Dragon Capital and NCH Capital among its clients. Of counsel Oksana Krasnokutskaya handles M&A and corporate restructuring, and counsel Michael Lukashenko has expertise in private equity transactions.

Practice head(s):


Aequo’s team is professional, client-oriented, open and tight-knit. They are eager to solve all of their clients’ issues.

Anna Babych, Mykyta Polatayko and Tatyana Tishchenko are competent professionals who always have the interests of our company in mind.

Aequo’s corporate and M&A practice has an outstanding team of lawyers. They are exceptional in cross-border matters. The firm understands the pharmaceutical industry well and provides excellent advice.

Anna Babych is a great lawyer: very responsive and approachable. She understands our business needs and acts proactively.’

‘Michael Lukashenko is a solid specialist. He is a diligent and reliable lawyer.’

‘Oksana Krasnokutskaya has very deep expertise in corporate matters.

The take an individual approach to each client and each issue of the client.

They are not afraid to seek and offer custom solutions.

Aequo offers unique capabilities to look into legal cases from various angles, leveraging creativity and unconventional thinking in addressing companies’ needs. This team is ready to go beyond the standard approach of other firms and is ready to invest time and resources to support the client.

They always deliver, demonstrating strong commitment to the client as well as profound legal knowledge. Anna Babych and Michael Lukashenko provide outstanding service.

Client-oriented and focused on clients’ business needs. They are responsive and have a broad set of legal skills.

Anna Babych and Michael Lukashenko are outstanding.

Aequo has a good balance of speed and quality that is important in M&A, engaging as many consultants as needed.’

Aequo has a good reputation with our international partners.

Michael Lukashenko has good experience in M&A and a good sense of balance between seller and buyer when drafting documents that saves a lot of time.

Always ready to work long hours when needed with a professional and agile team. They are a very integrated team working in unison. The quality of legal advice and speed of responses is superb. They really understand our priorities and the way the business is structured.

We have been impressed by the team as a whole and particularly by Anna Babych, Michael Lukashenko and Aliona Aheienko.

All the team members are extremely hardworking and easy to work with. We value their attention and commitment a lot.

The team is responsive and efficient, showing a lot of diligence and taking care to get all the information correct in order to provide the most suitable advice.’

Michael Lukashenko is proactive in ensuring the client’s needs are met and efficient in getting the work done under tight timeframes.

The practice’s main distinguishing feature, in my opinion, is its deep involvement in the project, understanding of the essence of business, and partner participation throughout the project cycle.

Anna Babych takes part in absolutely all stages of the project. She not only oversees the practice but is fully involved in the project, working with the team and the client on all issues.

Mykyta Polatayko has a very strong background in the field of technology and understands the essence of business.

An excellent team, knowledgeable in the law and client experience, and hardworking.

Key clients

Ardagh Group

Posco Daewoo



NCH Capital


Epicentr-K Group

Dragon Capital

Vodafone Ukraine


Arricano Real Estate

Starlightmedia Group

VRenetic Inc.

Concorde Capital




Sumitomo Corporation


Competition Tier 1

Aequo handles some of the most complex competition law matters in Ukraine, which includes representing Ukrainian and international clients in investigations initiated by the Antimonopoly Committee. It is a leading firm for handling merger clearances and competition issues relating to the establishment of joint ventures, distribution and licensing arrangements, and strategic alliances. Managing partner Denis Lysenko heads the practice with newly promoted partner Sergey Denisenko, whose expertise includes merger filings, competition investigations and market inquiries. Senior associate Yevgen Blok has a particular focus on the financial and pharmaceutical industries.

Key clients


Apax Partners

DSM Nutritional Products Europe AG

Dragon Capital Investments Limited

Posco Daewoo

Ipsos S.A.





Dispute resolution Tier 1

Aequo's sizeable litigation and arbitration practice has been strengthened by extensive recruitment at associate level. The team's work encompasses high-profile and politically sensitive matters, as well as general commercial litigation. It handles investment treaty cases relating to the expropriation of assets in Crimea, as well as precedent-setting cases in the Supreme Court and at all levels of the commercial, civil and administrative courts. Denis Lysenko heads the dispute resolution practice, while newly promoted parter Pavlo Byelousov leads on international arbitration and cross-border litigation. Counsel Myroslava Savchuk has expertise in tax disputes and disputes involving state authorities. Oleksandr Mamunya left the firm in 2020.

Practice head(s):


I strongly recommend Aequo.

They have a solid professional background and the necessary skills to successfully protect clients’ interests in court as well as out of court.

Aequo’s team definitely stands out for its high-profile lawyers. Most of them have international education, an extensive legal background and excellent professional skills. Besides that, they provide prefect communication with the client, with timely and comprehensive feedback and follow-ups.

I can especially recommend counsel Yevgen Levitskyi and associate Yevgen Goncharenko.

They have experience in the field, and a perfectly integrated team with different capabilities. The team takes full ownership of the task and saves customers time.

They are very smart, humble and pragmatic attorneys. I would like to mention the following features of Aequo: a results-oriented approach; added value by being able to negotiate a settlement with opponents; easily going the extra mile in advising on potential matters.

Pavlo Byelousov is a result-oriented litigator and always suggests the most optimal solutions to achieve the client’s needs.

Pavlo Byelousov demonstrated excellent negotiation skills thoughout settlement negotiations which resulted in a debt payment.’

‘Roman Hryshyn-Hryshchuk is very responsive and good-quality lawyer.’

‘Ksenia Koriukalova is an experienced attorney.’

Key clients

Naftogaz of Ukraine

Studio Pilot

Sparebank 1 Nord-Norge



Pilot Group


Olympic Entertainment

Stantis Limited

Dragon Capital

Energy Tier 1

Aequo is 'capable of handling large projects with multiple work streams'. Among its key domestic clients is Naftogaz, the largest oil and gas company in Ukraine, for which the firm handles corporate, finance and contentious matters. Denis Lysenko and Anna Babych oversee a practice that handles regulatory matters in both the conventional and alternative energy markets, joint ventures, investments, contractual relationships, tax matters and disputes.

Practice head(s):


Pavlo Byelousov, Ksenia Koriukalova and Mykhaylo Soroka are very diligent and responsive.

Aequo is a well-known firm in the Ukrainian legal market. The team I worked with are solid experts in energy regulation in Ukraine as well as prominent practitioners in dispute resolution.

Pavlo Byelousov is my contact person at Aequo. I personally value and am impressed by his first-hand experience from high-profile and first-of-a-kind litigation and arbitration cases. Pavlo is always up-to-date on any energy industry development or problem in Ukraine, which makes it easy to work on ongoing urgent matters. Also, I would mention Ksenia Koriukalova as an experienced and very responsive lawyer.

Finance partner Yulia Kyrpa is incredibly smart and always available.

Key clients

Green for Growth Fund

Naftogaz of Ukraine

Fortex Energy


Met Ukraine


Guris Holding

ArcelorMittal Kryvyi Rih

Intellectual property Tier 1

Aequo is 'great at understanding clients' business goals and aligning their legal strategy with it'. The team has a growing workload of enforcement, prosecution and IP registration work. Nataliya Dryuk was recently promoted to counsel. Oleksandr Mamunya and Ganna Prokhorova left the firm in 2020.


When representing us, Aequo is never afraid of trying innovative approaches that have yet never been implemented by someone else. Working in-house, it is a great privilege to feel Aequo’s support and realise you are on the same team.

Maksym Trykur is a strategic thinker, always keeping in mind the often complex and interconnected business goals of all our projects.

Ilona Boliubash is keen on detail, the value of which is hard to overestimate in the pharmaceutical business.

Aequo is very reasonably priced and very competent and responsive.

The attorneys at Aequo are knowledgeable and provide great insight into trade mark matters.

Aequo is fast to respond and provides experience in trade mark law.

Key clients


Synthon B.V.

CO “100% life”(formerly Network of People Living with HIV)

Darnitsa Pharmaceutical Firm


Jeunesse Global

Mitsubishi Motors Corporation (Ukraine)


Dr. Reddy’s Laboratories

Mistral Capital Management




International trade Tier 1

Aequo 'has an active presence in the market, which is also combined with outstanding experience'. Managing partner Denis Lysenko oversees trade remedies and customs matters; Anna Babych handles commercial and distribution projects; and senior associate Oleksandr Tereshchenko is overall head of the trade practice. The firm stands out for its advice on export control issues, customs, trade remedies, WTO law and sanctions.


‘I am satisfied with professionalism of the work Aequo does for us. They are proactive and ready to help at any time. Anna Babych and Oleksandr Tereshchenko are the main practitioners.’

‘The firm has expertise in various areas of Ukrainian law and the ability to give legal advice from different angles.’

‘Oleksandr Tereshchenko provides a quick reaction to requests and detailed advice.’

Key clients

China Chamber of International Commerce

China Council for the Promotion of International Trade

Inditex/Zara Group (Zara Ukraine, Zara Home, Pull&Bear Ukraine, Bershka Ukraine, Uterqüe Ukraine, Stradivarius Ukraine)

Sumitomo Corporation (Japan)

Komatsu Europe International NV (the Netherlands)


Renart (Ukraine)

Resilux Central Europe Packaging Ltd (Hungary)

Peja CIS Holdings Limited (the Netherlands)

Limpid Armor LLC (Ukraine)

Uniprint LLC (Ukraine)

Private client Tier 1

At Aequo, 'the lawyers are very creative and always able to find a solution to the most complex problems'. Anna Babych and Denis Lysenko lead a practice that handles wealth structuring, business structuring for families, disputes, philanthropy, art, family law, estate planning, immigration, tax planning and much more for domestic and international high-net-worth individuals. Senior associate Vasyl Mishchenko and counsel Oksana Krasnokutskaya are also recommended.

Practice head(s):


‘Aequo is great at co-ordinating the foreign advisers we engage to deal with private matters. Anna Babych is the key contact. She is very clear, helpful and easy-going. She can really understand what we need and deliver outstanding results.’

‘Oksana Krasnokutskaya is an excellent lawyer with a great attitude and deep expertise.’

‘AEQUO has an upscale team advising private clients on wide range of legal issues. We feel comfortable entrusting them even with the most sensitive matters. They have distinctive expertise in cross-border private assets structuring.’

‘Denis Lysenko is an outstanding professional. He understands our needs very well and can always suggest practical solutions.’

‘Vasyl Mishchenko is our day-to-day contact. We can rely on him wherever we need legal advice. He is very diligent, attentive to detail and responsive.’

Real estate and construction Tier 1

With 'a strong team and notable experience in real estate work', Aequo covers commercial property issues, planning work, real estate financings, construction mandates and real estate litigation for large corporate clients including Bunge and key investors including Dragon Capital. Finance partner Yulia Kyrpa and corporate partner Denis Lysenko lead the practice. Newly promoted counsel Bohdan Dmukhovskyy and senior associate Mykhaylo Soroka are also recommended.

Practice head(s):


Anna Babych, Yulia Kyrpa, Denys Lysenko are the standout partners, while associates Sergey Denisenko and Michael Lukashenko, and counsel Bohdan Dmukhovskyy are also recommended.

Aequo’s team is highly skilled and professional, and always meets our expectations.

Yulia Kyrpa and Bohdan Dmukhovskyy understand our business and provide high level and quick advice.

Key clients

Dragon Capital


Ardagh Group

Posco Daewoo


ATB Group

Epicentr K


European Bank for Reconstruction and Development

Inditex Group

Tax Tier 1

Aequo has been involved in a growing number of high-value cross-border matters for an expanding client base that now includes steel and mining company ArcelorMittal and global market research firm Ipsos. The firm's expertise in the area of tax and customs includes contentious and non-contentious matters, both domestic and international. It is known for multi-jurisdictional tax planning and optimisation tools, transfer pricing compliance and group restructurings. Managing partner Denis Lysenko is in charge of the tax practice, in which senior associate Vasyl Mishchenko is a standout performer.

Practice head(s):


Aequo’s tax team stood out for us due to its in-depth knowledge and highly professional attitude towards our very particular needs.

Vasyl Mishchenko and his team managed to address all our questions and support our compliance efforts in a very efficient manner. We were especially pleased with the very structured and very detailed communication, the context given to our project and the additional aspects foreseen in our future activity, giving us the opportunity to make fast and documented decisions.

Aequo has a highly prepared team of tax practitioners with strength in international taxation. The team demonstrates years of experience and delivers high-quality services.

Denis Lysenko has tremendous expertise. He is good on strategic thinking and oriented towards problem solving. Vasyl Mishchenko is approachable, pragmatic and easy to work with. We can always reach a solution with him.

We have been working with Aequo on tax matters for more than eight years. The tax team is very experienced in cross-border taxation. They often advise us on the tax structuring of intra-group transactions as well as financing and asset acquisitions. The team helps us to promptly address the challenges that our business faces with the increasing tax compliance requirements worldwide and in Ukraine.

Denis Lysenko has excellent tax expertise. He has a distinct ability to deliver well-thought-out and business-oriented advice. Vasyl Mishchenko is a highly qualified tax lawyer, who is particularly strong in international taxation. Vasyl is our primary contact at the firm and I appreciate that he is always available.

Key clients

Epicentr K

Naftogaz of Ukraine

Inditex Group



Global Logic





The firm: Aequo is an advanced, industry-focused Ukrainian law firm. The team is made up of highly qualified and recommended lawyers who work proactively to help clients reach their business goals.

The list of Aequo ’s representative clients includes leading Ukrainian and international companies and organizations, such as Agroprosperis, Apax Partners, Apollo, Bunge, DuPont, EBRD, European Commission, Google, Inditex Group, NCH Capital, Pioneer Hi-Bred International, Samsung Electronics, Sandvik, Synthon, Tetra Laval, Ukrainian Redevelopment Fund, UniCredit Group, Vodafone Ukraine etc.

The firm has been named the Most Innovative Law Firm of the Year in Ukraine by IFLR Europe Awards 2018, Law Firm of the Year in Russia, Ukraine and the CIS by The Lawyer European Awards 2017 and one of the most innovative law firms in Europe according to the FT Innovative Lawyers 2015-2018.

Areas of practice: Antitrust and competition: Aequo’s practice is one of a small number of dedicated, full-service competition teams in Ukraine. The firm’s expertise covers cartel investigations, merger control, concerted practices, market dominance, intellectual property, public procurement and trade/WTO matters within the competition and trade regulatory environment of Ukraine.

Banking and finance: work includes M&A in the banking and financial sector, bank lending, structured and trade finance transactions, transactions with distressed assets and debt restructuring procedures. The team has outstanding expertise in advising international financial organisations on the granting of macrofinancial assistance to Ukraine and handling of complex regulatory issues in the Ukrainian financial sector, and was honoured to represent the European Commission and EBRD.

Capital markets: the team provides a full range of legal services to banks, financial institutions and corporate clients acting in local and international capital markets.

Corporate/M&A: the practice is well known for its experience in sophisticated and complex domestic and international M&A deals. The team advises on corporate and restructuring issues; provides full support in all transaction-related matters including tax, regulatory and employment compliance; and consistently acts in business restructuring matters in insolvency cases, company mergers, establishment of commercial and non-commercial representative offices of non-residents in Ukraine, and presale vendors’ due diligence.

Dispute resolution: the team has exceptional experience in domestic and cross-border litigation and in international arbitration and ADR, offering innovative solutions in complex disputes and multiple precedent-setting cases at the Supreme Court of Ukraine and superior specialised courts in commercial, civil and administrative cases.

Energy and natural resources: advising high-profile clients on all aspects of energy, oil and gas, transactional and environmental matters, litigation and arbitration, sector-specific regulation and project finance transactions.

Government relations: expertise in the full range of policy issues, including drafting and analysing legislation, representing clients with legislative and regulatory concerns.

Intellectual property: the firm offers a full scope of non-contentious IP services, handling trade mark and patent prosecution, copyright consultancy, day-to-day advisory work and transactional support, as well as a market-leading IP litigation practice, with a stand-alone team dedicated to disputes in this area.

Labour and employment: advising clients on employment contracts and agreements, employment permits, redundancy and dismissal of staff, responsibilities of employers and trade union law.

Real estate and construction: the firm provides a complete range of services including legal due diligence, acquisitions and disposals, ownership restructuring, financing, planning and development, construction, land use, lease arrangements and tax planning.

Tax and customs: advising on all aspects of tax and customs issues under Ukrainian law, with extensive experience of the legal support of complex cross-border transactions, tax advice and risk management reviews regarding key M&A transactions, corporate restructurings of the largest business groups in the country, onshore and offshore tax planning, tax disputes and administrative appeal procedures.

Department Name Email Telephone
Antitrust and competition Denis Lysenko
Antitrust and competition Sergey Denisenko
Banking and finance Yulia Kyrpa
Bankruptcy and restructuring Yulia Kyrpa
Bankruptcy and restructuring Pavlo Byelousov
Capital markets Anna Babych
Capital markets Yulia Kyrpa
Corporate and commercial Anna Babych
Dispute resolution Denis Lysenko
Dispute resolution Pavlo Byelousov
Government relations Anna Babych
Government relations Denis Lysenko
Intellectual property Nataliya Dryuk
International trade Denis Lysenko
International trade Sergey Denisenko
Labour and employment Anna Babych
Mergers and acquisitions Denis Lysenko
Mergers and acquisitions Anna Babych
Private clients Anna Babych
Real estate and construction Denis Lysenko
Real estate and construction Yulia Kyrpa
Tax and customs Denis Lysenko
Antitrust and competition Mariya Nizhnik
Photo Name Position Profile
Ms Anna Babych  photo Ms Anna Babych Partner specialising in Corporate and Commercial, Mergers and Acquisitions, Capital Markets, Labour…
Mr Yevgen Blok  photo Mr Yevgen Blok Senior Associate
Mr Pavlo Byelousov  photo Mr Pavlo Byelousov Partner specialising in International Arbitration and Cross-Border Litigation, Bankruptcy and Restructuring
Mr Sergey Denisenko  photo Mr Sergey Denisenko Partner
Mr Bohdan Dmukhovskyy  photo Mr Bohdan Dmukhovskyy Counsel
Ms Nataliya Dryuk  photo Ms Nataliya Dryuk Counsel
 Mykola Kovinya  photo Mykola Kovinya Of Counsel
Ms Oksana Krasnokutskaya  photo Ms Oksana Krasnokutskaya Of Counsel
 Tetiana Kudrytska  photo Tetiana Kudrytska Counsel
Ms Yulia Kyrpa  photo Ms Yulia Kyrpa Partner specialising in Banking and Finance, Capital Markets, Insolvency and Restructuring, Real…
Mr Yevgen Levitskyi  photo Mr Yevgen Levitskyi Counsel
Mr Michael Lukashenko  photo Mr Michael Lukashenko Counsel
Mr Denis Lysenko  photo Mr Denis Lysenko Managing Partner
Mr Vasyl Mishchenko  photo Mr Vasyl Mishchenko Senior Associate
 Mariya Nizhnik  photo Mariya Nizhnik a partner, a head of Antitrust and Competition practice
Ms Myroslava Savchuk  photo Ms Myroslava Savchuk Counsel
Number of lawyers : 50
American Chamber of Commerce in Ukraine
International Association for the Protection of Intellectual Property (AIPPI)
International Bar Association (IBA)
International Trademark Association (INTA)
European Business Association (EBA)
Ukrainian Bar Association (UBA)