Corporate & Finance
Asia-Pacific Guide 2025 : Kazakhstan
Band 1
Contact number
+7 727 355 0530About
Provided by Kinstellar
We handle the most significant corporate and finance deals in Central Asia.
Kinstellar's highly experienced team can help you to successfully negotiate acquisitions, disposals, JVs, corporate reorganisations, restructurings, mergers, public takeovers, complex financings and can steer you through the full range of IPO issues. Our team has advised on both the buyer’s and seller’s side of numerous M&A transactions for strategic and financial investors across the region.
Our legal experts bring international experience and local knowledge in key sectors of the Kazakh economy such as oil and gas, mining, financial services, infrastructure and telecommunications.
Recent work highlights include:
Representation of JSC Halyk Bank Kazakhstan on the acquisition of the majority stake in Kazkommertsbank JSC from its controlling shareholder Mr Kenges Rakishev and National Wealth Fund Samruk-Kazyna JSC – the largest deal in M&A in the banking sector of the Republic of Kazakhstan;
Representation of a consortium of bank involving financing of Tengizchevroil (TCO) on a USD 36.8 billion bank/bond financing required to undertake an expansion program – one of the largest upstream oil industry project financings to date;
Representation of Tele2 Sverige AB on its joint venture with Kazakhtelecom JSC, and the combination of the cellular operations of their subsidiaries Altel JSC and Mobile Telecom-Services LLP (Tele2 Kazakhstan) – the creation of the second largest mobile operator in Kazakhstan.
Chambers Review
Kinstellar has an outstanding team of lawyers in Kazakhstan, advising international financial institutions on loan facility and capital markets mandates as well as acting for international corporates on high-value transactional projects. The lawyers also assist with restructuring and projects mandates. The legal practice remains a popular choice for clients in the natural resources, oil and gas, banking and TMT sectors. The team is a leading choice of local counsel for international law firms lacking a local presence.
Work Highlights
- Kinstellar advised Halyk Bank on the sale of its shares in Halyk Bank Kyrgyzstan OJSC to a consortium of buyers in the investment group Visor International.
Strengths
Provided by Chambers
"Kinstellar's structured approach in combination with prompt reaction to act and proactive approach distinguish the firm from other competitors when it comes to complex and sophisticated matters."
"The team worked out issues within a short period of time and extremely quickly, and was on call around the clock."
"Kinstellar's structured approach in combination with prompt reaction to act and proactive approach distinguish the firm from other competitors when it comes to complex and sophisticated matters."
"The team worked out issues within a short period of time and extremely quickly, and was on call around the clock."
Notable Practitioners
Joel Benjamin is Kinstellar's managing partner for the Almaty and Tashkent offices and is noted for his expertise on major transactions and capital markets mandates. He regularly advises domestic corporates and major international banks.
"Joel has a wealth of knowledge for solving difficult legal issues."
Adlet Yerkinbayev leverages his considerable experience to advise on significant M&A transactions as well as corporate matters such as restructurings and joint ventures.
"Adlet is one of the best in the region. All the clients trust his judgment and expertise and his legal knowledge is second to none."
"Adlet is very pragmatic, responsive and commercial. He is good at untangling complex work."
Maksim Grekov is of counsel in Kinstellar's Almaty office. He is experienced and well renowned for handling capital markets transactions for clients including banks as well as domestic and international corporates.
"Maksim is incredibly smart. He digs deeply and knows the law very well."
Pavel Kornilov is a counsel based in Almaty. He is recognised for his work in financing and capital markets mandates.
"Pavel has provided an excellent service and advice to our clients on Kazakhstan law issues.He has extensive experience in his field."
Kuanysh Shekerbekov is a managing associate in Kinstellar's Almaty office. He regularly assists clients with a range of transactional, corporate and capital markets mandates.
"Kuanysh is an adaptable, engaged project professional who is extremely comfortable to work with."
"Kuanysh is dedicated to finding solutions for clients that involve the highest level of legal acumen."
Ranked Lawyers at
Kinstellar
Kazakhstan
Members
Provided by Kinstellar