Russia, CIS and Central Europe

Chadbourne & Parke has maintained a strong presence in Russia, the CIS and Central Europe since 1990; when it became one of the first foreign law firms to open an office in Moscow and when the Warsaw office was established. Our practice has now grown to nearly 100 lawyers based in Moscow, Kyiv, Warsaw and London, and we are widely recognized as one of the leading law firms in the region.

Our attorneys are frequently listed in publications such as Chambers Global, Legal 500, IFLR 1000, PLC Which Lawyers and Best Lawyers as leading lawyers in the fields of corporate and commercial law, banking and finance, natural resources, energy and litigation.

Throughout the past 20 years, not only have we advised on numerous complex first-of-a-kind transactions, but we have also counseled on the day-to-day operations of our clients, helping them keep an eye on their bottom line. We combine a strong local presence in the region with the depth of experience necessary to provide meaningful, practical business advice. Our major practice areas include bankruptcy and restructuring, corporate and commercial transactions, corporate finance, debt and equity capital markets, litigation, mergers and acquisitions, project finance, and regulatory and transactional banking.

Our clients are active in key segments of the economies of Russia, the CIS and Central Europe, including communications and technology, energy, manufacturing, mining, oil and gas, pulp and paper, real estate, retail, and transportation sectors. We have been assisting these and other clients on secured and unsecured financings since the early 1990s; in structuring and negotiating joint ventures since the enactment of the first laws on joint ventures in the late 1980s; and in privatizing enterprises since the first privatization laws were passed in the early 1990s.

Deals:

• Currently advising a large group of international lenders on the restructuring of US$400 million international indebtedness of Kreditprombank, one of the largest banks in Ukraine.
• Represented Daimler AG's truck division in a ground-breaking US$250 million deal to acquire a 10% stake in Russian truck maker KamAZ. The deal involved a comprehensive due diligence of approximately 150 companies in Russia, Ukraine and Kazakhstan.
• Advised Turkcell in two financings of US$360 million. The transaction was composed of the US$285 million buyer credit for financing 2G and 3G equipment for Turkcell in Turkey and a US$75 million buyer credit for financing 2G equipment for Turkcell’s Ukrainian subsidiary, Astelit. Both buyer credits are 95% covered by the Swedish Export Credit Agency, EKN, and are 100% funded by the Swedish Government entity SEK. The buyer credits are 50/50 shared between Calyon and Nordea Bank AB.

Representative Experience