Firm Profile > Egorov Puginsky Afanasiev & Partners > Moscow, Russia

Egorov Puginsky Afanasiev & Partners
21, 1st Tverskaya-Yamskaya Str.
125047 MOSCOW

Capital markets Tier 1

Egorov Puginsky Afanasiev & Partners is at the forefront of capital markets transactions, and, according to one client, fields a team of ‘best in the market lawyers’, who are able ‘to cope with extremely diversified issues, due to their cohesiveness, experience and strong leadership’. ‘Highly respected practitionerDmitriy Glazounov is valued for his ‘good business judgement and extensive knowledge of current legislation and new initiatives’; he advises on the full range of transactions including securitisation, debt and equity placements, IPOs and foreign currency bonds. Highlights included assisting issuers with the approval by the Moscow Stock Exchange for amendments to bond issuances for debt restructuring, and advising a banking client on the sale of mortgage coverage for the purpose of early bonds repayment. Other clients include Bank Otkritie. Oleg Ushakov, who regularly supports Glazounov, is ‘the right person to get the deal done and a real asset in the team’.

Commercial, corporate and M&a: St Petersburg and elsewhere Tier 1

Elena Agaeva heads the corporate practice at the St Petersburg office of Egorov Puginsky Afanasiev & Partners, and has a strong record advising Russian and foreign clients in the financial services, automotive, technology and mining sectors on restructuring, M&A and joint ventures. Client praise Agaeva for her ‘client-oriented approach and ability to explain difficult matters in an understandable way to a non-lawyer’. Recent highlights include assisting with the reorganisation of a major Russian bank, and advising on corporate issues concerning the opening of a plant in the Leningrad region by a major automotive supplier.

Competition Tier 1

Egorov Puginsky Afanasiev & Partners' team ‘provides precise strategic guidance and follows through with excellent tactical execution’ and is ‘simply a pleasure to work with’. ‘Tremendously knowledgeable’ practice head Natalia Korosteleva led in acting for Yandex on seeking approval of its joint venture with Uber from the FAS. Anna Numerova ‘brings an expert level of professionalism and thoughtful leadership to the team’. Arkady Krasnikhin provides solid legal and commercial solutions to clients’.

Dispute resolution: arbitration and mediation Tier 1

Egorov Puginsky Afanasiev & Partners is 'an internationally oriented law firm with very good connections in the local market’, which stands out for its ‘outstanding knowledge and a strong record in ‘domestic and international proceedings’. The ‘impressive’ practice is led by Evgeny Raschevsky, who is acting in a high-value commercial arbitration in India in a construction-related dispute. Dmitry Dyakin is active in significant domestic and international arbitral proceedings in the nuclear and industrial manufacturing space. Counsel Vladimir Pestrikov focuses on commercial arbitration and enforcement of foreign judgments and domestic arbitral awards. Tatyana Neveeva advises on the English law aspects of disputes and is particularly noted for contentious matters concerning shareholders' agreement and sales and purchase agreements.

Dispute resolution: Litigation Tier 1

Egorov Puginsky Afanasiev & Partners maintains its impressive reputation as a ‘dispute resolution powerhouse’; the sizeable team is jointly led by Valery Eremenko and Dmitry Dyakin, who are known ‘for their excellently organised and effective courtroom strategies and for always keeping a few steps ahead of the opponents’. Dimitry Afanasiev has recently handled a major post-M&A transactional dispute in the London Commercial Court; Dyakin is also active in a high-value commercial multi-jurisdictional dispute. Other highlights include representing an international carpooling company in a successful appeal against a restriction on its commercial activities. Denis Arkhipov ‘has a special legal intuition and good understanding of the Russian insurance market’. Counsels Vera Rikhterman, Tatyana Neveeva and Alina Kudryavtseva are also highly recommended, as are Alexander Kiselev and Oleg Bouiko, who ‘have a very good understanding of the clients’ needs’.

Private client Tier 1

The ‘extremely responsive’ team at Egorov Puginsky Afanasiev & Partners is ‘effective at coming up with solutions to even the most difficult problems’. The team advises private clients on real estate acquisitions, immigration activities, family law matters and succession planning and criminal law issues. The ‘dynamic and personable’ Denis Arkhipov has 'a very nuanced understanding of the interrelationship between English and Russian aspects of a case'. Other names to note include Evgeniya Fedoreeva, Alexander Kiselev and  Oleg Bouiko, who is 'efficient and establishes an excellent rapport with clients'.

Restructuring and insolvency Tier 1

Egorov Puginsky Afanasiev & Partners is 'one of the most prominent bankruptcy practices' in the market, according to one client, and the 'top-level team' represents well-known Russian corporations, international financial institutions and their Russian subsidiaries in insolvency proceedings in local arbitration courts and the Supreme Court. Valery Eremenko and Dmitry Dyakin are active in the team's most significant insolvency proceedings. Denis Arkhipov successfully defended the shareholders of an insurance company against claims of subsidiary liability during the course of its bankruptcy proceedings. St Petersburg managing partner Ivan Smirnov is also active in bankruptcy-related disputes.

White-collar crime Tier 1

Egorov Puginsky Afanasiev & Partners ' ‘highly skilled’ team, which is led by Viсtoria Burkovskaya, has an impressive track record in 'protecting the interests of the client by using all available legal means'.  Recently promoted partner Tatyana Nozhkina splits her time between the firm's Moscow and St Petersburg offices. Burkovskaya successfully defended  the former Minister of Economic Development against charges of bribe extortion. She is also representing the former head of a company against allegations of defrauding the company. Counsel Andrey Bastrakov regularly works alongside Burkovskaya and is also experienced in criminal defence work. Konstantin Tretyakov was a new arrival in January 2020 from Dentons.

Banking and finance: Borrower side Tier 2

Egorov Puginsky Afanasiev & Partners is ‘a legal powerhouse’ with ‘vast in-house resources and expertise in the banking and finance sphere’. ‘Consummate professional and well-regarded banking expert Dmitriy Glazounov leads a team of ‘well-qualified lawyers who can handle complex multi-jurisdictional projects’, which includes Arkady Krasnikhin, who focuses on acquisition and project finance mandates and Roman Malovitsky, has ‘a deep understanding of the clients’ needs and the right steps to take in order to achieve the best result’. Associates Oleg Ushakov is a ‘rising star’ and a ‘knowledgeable, creative and business-minded practitioner’, while Vladimir Goglachev provides ‘accurate and effective advice’. The practice has notable expertise in syndicated and bilateral loans, acquisition funding, project finance matters and structured financing. Active clients include BaikalInvestBank.

Banking and finance: Lender or arranger side Tier 2

Egorov Puginsky Afanasiev & Partners' lawyers are ‘extremely knowledgeable of not only the current legislation but also aware of legislative developments and changes in the market’. Led by Dmitriy Glazounov, the practice distinguishes itself from competitors through its ‘proactive and innovative approach’ and is ‘one of the best equipped teams to handle complex cross-border matters’, according to one client. The group handles the full spectrum of financial transactions and is notably active in debt restructuring, mezzanine and syndicated loans. Other figures include corporate finance expert Arkady Krasnikhin, Roman Malovitsky and Oleg Ushakov.

Commercial, corporate and M&a: Moscow Tier 2

Egorov Puginsky Afanasiev & Partners' ‘outstanding’ practice leads in corporate and commercial M&A transactions as ‘the top counsel for Russian and international clients’, according to one client. Arkady Krasnikhin, a US-qualified and ‘well-respected corporate and commercial expert’, leads the team. Other key practitioners in the sizeable team include Dimitry Afanasiev, who is 'a leading figure’ in the corporate space and advises on restructuring and transactional matters; UK-qualified Robin Wittering, who handles M&A and joint ventures with an international element and also has significant courtroom experience; Dmitry Stepanov, who is actively involved in the legislative improvements to the Russian Civil Code; and Elena Agaeva, who heads the St Petersburg M&A practice and ‘is a safe pair of hands in difficult situations’. Counsel Andrey Mashkovtsev has recently handled high-value domestic M&A transactions and is also experienced in foreign investments and antitrust matters.

Employment Tier 2

Egorov Puginsky Afanasiev & Partners handles a full range of contentious and non-contentious employment issues. ‘Highly experienced’ practice head Anna Ivanova has significant expertise in complex litigation regarding employee dismissal and misconduct. Based in St Petersburg, Elena Agaeva supports clients with issues pertaining to the recruitment, transfer and dismissal of employees. The team is instructed by key client Jaguar Land Rover, among others.

Intellectual property Tier 2

Egorov Puginsky Afanasiev & Partners has ‘one of the most competent IP teams in Russia’, which is also ‘highly regarded for its fast speed and professional attitude’ making it ‘simply a pleasure to work with’. The firm collaborated with Hogan Lovells (CIS) in representing Novartis in proceedings concerning a potential infringement of its patent rights over a drug. Practice head Pavel Sadovsky is a ‘well-known and well-informed expert in the sector’, who has 'a broad professional network' and ‘a reassuring manner in assisting clients’. Senior associate Irina Kosovskaya is also noted.

Real estate and construction Tier 2

The ‘highly motivated, accessible and competent’ team at Egorov Puginsky Afanasiev & Partners ‘quickly sorts out the possible course of action for clients, without wasting their time and money’. The practice is headed by Elena Gavrilina, who is ‘an exceptional partner for real estate matters. Ivan Smirnov is the key contact for St Petersburg.

Tax Tier 2

Egorov Puginsky Afanasiev & Partners assists a range of domestic, multinational and private clients with cross-border transactions, pre and post-acquisition restructuring and transfer pricing compliance issues, and is also particularly strong in tax-related dispute resolution. Sergey Kalinin heads the practice, where he is regularly supported by senior associates Olga Morozova  and Ekaterina Roletr. Counsel Igor Schikow rejoined the firm in 2020 from Dentons.

TMT Tier 2

At Egorov Puginsky Afanasiev & Partners, the TMT department is led by practice head Pavel Sadovsky. The firm assists clients with complex regulatory matters and contentious issues before Roskomnadzor regarding blocked access to digital products, data protection, data localisation and encryption.

PPP and infrastructure projects Tier 3

Egorov Puginsky Afanasiev & Partners' team acts for a mix of financial institutions and foreign investors on large-scale financing of transport, social, recreation and sports infrastructure, in addition to advocacy on legislative improvements and public procurement. Elena Gavrilina and Olga Mischenko are the main figures.

Transport Tier 3

The team at Egorov Puginsky Afanasiev & Partners is recommended for its ‘deep understanding of the law, which makes the firm a perfect choice for regulatory matters’. Based in St Petersburg, ‘impressive’ senior associate Alexey Karchiomov heads the practice and ‘is able to comprehend and resolve complex legal issues in a swift manner’. The group advised Yandex on establishing its joint venture with Uber International and represented BlaBlaCar in proceedings appealing a ban imposed by local authorities affecting rides shared through BlaBlaCar.

Energy and natural resources Tier 5

Egorov Puginsky Afanasiev & Partners' expertise in energy sector disputes was evident in Dimitry Afanasiev, Evgeny Raschevsky and Dmitry Dyakin  successfully defending the Russian Ministry of Finance in Uncitral arbitration against ExxonMobil, in which the claimant sought tax cuts and reimbursement due to the alleged overpayment of profit taxes on the Sakhalin-1 oil and gas project; the dispute was successfully settled. Taras Rabko focuses on regulatory matters in the energy and natural resources space.

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, international best practice, senior partners’ professional experience and the keen knowledge of our younger attorneys to provide clients with first-class service.

Department Name Email Telephone
Moscow +7 (495) 935 8010
St. Petersburg +7 (812) 322 9681
Photo Name Position Profile
 Elena Agaeva  photo Elena Agaeva
 Denis Arkhipov  photo Denis Arkhipov
 Andrey Bastrakov  photo Andrey Bastrakov
 Oleg Bouiko  photo Oleg Bouiko
 Viсtoria Burkovskaya  photo Viсtoria Burkovskaya
 Valery Eremenko  photo Valery Eremenko
 Evgeniya Fedoreeva  photo Evgeniya Fedoreeva
 Dmitriy Glazounov  photo Dmitriy Glazounov
 Anna Ivanova  photo Anna Ivanova
 Sergey Kalinin  photo Sergey Kalinin
 Natalia Korosteleva  photo Natalia Korosteleva
 Arkady Krasnikhin  photo Arkady Krasnikhin
 Roman Malovitsky  photo Roman Malovitsky
 Andrey Mashkovtsev  photo Andrey Mashkovtsev
 Tatyana Nozhkina photo Tatyana Nozhkina
 Anna Numerova  photo Anna Numerova
 Vladimir Pestrikov  photo Vladimir Pestrikov
 Evgeny Raschevsky  photo Evgeny Raschevsky
 Vera Rikhterman  photo Vera Rikhterman
 Pavel Sadovsky  photo Pavel Sadovsky
: 250+ associates and attorneys
International Chamber of Commerce – World Business Organisation (Russia) (ICC)
Lex Mundi member for Russia
International Bar Association (IBA)
Inter-Pacific Bar Association (IPBA)
Association of European Businesses (AEB)
American Chamber of Commerce in Russia (AmCham Russia)
Deutsch-Russische Auslandshandelskammer (AHK)