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Verkhovodko & Partners

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Senior Partner: Igor Verkhovodko
Managing Partner: Dmitry Bokhan
Number of partners: 5 Number of lawyers: 23 (including 5 partners)
Languages:Belarusian, English, Russian.

Firm Overview:
The firm has over a 25-year experience of rendering high quality legal services to foreign and domestic clients. It is known for a creative, highly qualified and skilled to find best solutions team, recognised by its in-depth study and understanding of the client’s needs. Serves some of the most prominent domestic and international corporations, including Fortune 500 companies and blue chip clients worldwide, banks and other financial institutions, governmental and private organisations. The firm employs highly-professional lawyers, who have degrees of respectable foreign educational establishments. Members of the team are constantly top-ranked in well-known international and national ratings. The firm’s values are built upon trustworthiness, respect of confidentiality and professional ethics principles.

Main Areas of Practice:
Banking, Finance, Insurance, Securities
Bankruptcy & Insolvency
Dispute Resolution
Informational Technologies
Intellectual Property
International Trade
Investments & Privatisation
Real Estate & Construction
Tax Asset Management

Corporate & Commercial:
Corporate and commercial is one Verkhovodko & Partners’s key practice areas.
■Lawyers in the team are well recognised for their outstanding legal work on some of the largest multi-billion dollar and first-of-its-kind projects across the country
■The firm’s expertise is global and reaches far beyond the borders of Belarus
■The team advises clients on the tax treaties, tax implications and foreign currency risks of virtually all types of cross-border transactions and doing business in CIS region, Europe, USA, Asia and Middle East
■The firm offers a full-range of services starting from the establishment of new entities in different industry sectors and all the way to mergers, buyouts and acquisitions
■The firm’s experts have significant experience in structuring and improving management of holding companies, including among others minimisation of risks, effective management, corporate governance and taxation in different jurisdictions
■The firm professionally considers the clients’ interests when managing complex and comprehensive corporate projects, as well as when advising on day-to-day corporate business matters

Dispute Resolution:
For nearly 30 years dispute resolution has been one of the firm’s core areas.
■Verkhovodko & Partners’ lawyers are regarded by domestic and international experts as leading litigators in the country
■The clients benefit from the team’s proficiency in participating across a range of areas in commercial dispute-resolution conducted by economic, international arbitration courts and tribunals, as well as in recognising and effectively enforcing foreign and domestic court decisions and arbitration awards
■The firm’s track record is particularly strong in high-value, complex and cross-border disputes in a variety of sectors and industries
■The team successfully litigated many landmark cases that have shaped the development of Belarusian judicial practice
■The firm’s clients cover a broad range of industries, including banking and finance, construction, energy, high-tech and telecommunications, transportation, pharmaceuticals, among others

■Verkhovodko & Partners’ team has significant experience in managing investment projects in the Republic of Belarus and abroad, including projects with the participation of the Government of the Republic of Belarus
■The firm’s experts have a vast investment practice enabling the clients to compete in today’s challenging economic climate, including conducting legal due diligence of target companies, assessment of the optimal structure of investments, solving the problems of corporate, investment, monetary, customs, tax, finance, labour and other law, and legalising of all investment processes, and completion of investment contracts, documenting and supervising the course of performance of all investment procedures and achieved results
■The team is well experienced in drafting legislative acts related to investment activities
■The company has particular expertise in the implementation of large investments projects in energy, industry, telecommunication, aviation, oil processing and transportation, construction, banking and other fields of the economy, including a lot of acquisitions of shares of commercial entities
■The team possesses vast experience in advising on taxation, tax optimisation, implementation of double taxation treaties and the tax presence of foreign companies in Belarus, which enables full compliance with legal requirements and avoidance of sanctions for non-payment of taxes
■The firm provides a full range of services in the field of investment from selection of the optimal form of implementation to practical accomplishment, including the protection of the investor’s rights and interests in court and arbitration

Banking & Finance:
Banking and financing laws are traditionally practiced at Verkhovodko & Partners.
■The firm truly knows the banking and finance industry and its players: the team renders legal assistance to 40% of all banks registered in Belarus, including the National Bank of Belarus, along with foreign commercial banks, investment banks, insurance companies, leasing companies, asset-based lenders and large number of borrowers operating in many different industries, as well as successfully represent clients in the course of negotiations with the world’s leading financial establishments such as EBRD, IFC, etc.
■The firm’s lawyers regularly advise on the largest, most complex and well-publicised financial and investment projects of foreign financial institutions.
■The firm has assisted largest facility financing projects in Belarus based on intergovernmental loan agreements, interbank loan agreements, as well as foreign loans necessary for the implementation of projects in Belarus, among others

Real Estate & Construction:
■Verkhovodko & Partners is one of the few Belarusian law firms that has assisted with some of the largest multi-billion dollar and first-of-its-kind projects across the country in all industry sectors covered by the real estate and construction practice area
■The firm has excellent track record of advising on largescale, complex and multijurisdictional projects, including advising and supporting investors, employers, contractors, developers, designers, architects, hoteliers, landlords, tenants, consultants and many others on construction, design, asset management, sale, lease and purchase of real estate in a variety of industries, including oil, gas, energy, utilities and infrastructure

Intellectual Property:
Verkhovodko & Partners’ team is among Belarusian pioneers in the intellectual property field, involving trademarks, patents, designs, copyright and other aspects of intellectual property.
■The firm’s lawyers assist the clients in drafting copyright, license, assignment contracts and other related legal instruments, advice on protection of copyright and associated rights, software and databases
■The IP team has participated in all types of IP claims, including cases involving domain name disputes in both Belarus and Russia, as well as successfully protected copyright and associated intellectual property rights, represented clients in state authorities and courts
■The firm is current with breaking issues and developments in the intellectual property and technology laws and is already helping the clients to ensure compliance with the local law and launch, finance, operate and grow their innovative technologies and software business involving cryptocurrencies and blockchain-based activities, which became legal in Belarus in March 2018. The team is among the first lawyers in Belarus who in the middle of the legal reforms successfully assisted its clients in their registration among the first ten companies in the country as new residents of the High-Technology Park under the new Presidential ‘High-Technology Park Decree 2.0’