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Ilyashev & Partners

Ukraine

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Key contacts
Managing Partner, Head of Corporate and M&A Practice: Mikhail Ilyashev
Senior Partner, Head of International Arbitration Practice: Roman Marchenko
Partner, Head of Antitrust and Competition Practice: Oleksandr Fefelov
Quick facts
Partners

6

Other qualified practitioners

45

Total number of practitioners

50+

Languages

English, Ukrainian, German, French, Spanish, Russian

Key practice areas
Banking and finance
Financial and corporate
Corporate and M&A
Restructuring and insolvency
M&A
Energy and infrastructure
Project development
Firm overview

Founded in 1997, Ilyashev & Partners is a leading Ukrainian law firm serving as trusted local counsel in complex cross-border transactions and foreign direct investment into Ukraine. The firm is consistently engaged by international law firms, private equity sponsors, multinational corporations and financial institutions seeking sophisticated Ukrainian law support in strategic, high-value projects.

We focus on complex M&A, Ukrainian asset acquisitions, joint ventures, corporate restructurings and international financing transactions. Our team advises foreign investors at every stage of the investment cycle – from structuring market entry and conducting legal due diligence to securing regulatory approvals and closing transactions. We regularly coordinate multijurisdictional projects and integrate Ukrainian legal advice into global transaction frameworks.

The firm is particularly recognised for advising on investments in regulated and strategically sensitive sectors. We handle antitrust clearance, foreign investment considerations, sanctions and export control compliance, government interface and sector-specific regulatory regimes. By combining transactional, regulatory and disputesensitive expertise, we help clients anticipate enforcement and litigation risks at the structuring stage, enhancing deal certainty in complex environments.

With offices in Kyiv, Kharkiv and Odesa, Ilyashev & Partners brings together more than 50 highly qualified lawyers advising international investors and major Ukrainian businesses across key industries, including energy, infrastructure, agribusiness, manufacturing and technology.

Commercially focused, responsive and internationally aligned, the firm serves as a go-to Ukrainian transactional counsel for foreign investors executing complex projects in Ukraine.

Client feedback
  • "One of the most resourceful and top-quality firms on the market”. 
  • “Certainly one of the top litigation firms”.
  • “The best legal adviser in challenging cases and one of the most resourceful and top-quality full-service law firms on the market”.
Key practice contacts & recent matter highlights

Mikhail Ilyashev
M&A
ilyashev@attorneys.ua 

  • Advising a Ukrainian industrial group on its USD 30 million acquisition of a strategic metallurgical plant from an international seller;

  • Advising the selling shareholder on the USD 20 million disposal of a controlling stake in a Ukrainian bank to a foreign investor;

  • Advising an international group on its USD 200 million corporate control and restructuringof Ukrainian assets.
Other offices

 

Address:
11 Kudryavska Street
Kyiv, 04053
Ukraine
Tel:+380 44 494 1919 Email:Contact Us Web Address:http://www.attorneys.ua
Rankings published in 2026
Banking and finance
Tier 5
29 firms ranked
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Tier 1

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10 practice areas
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9 practice areas
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Redcliffe Partners
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Sayenko Kharenko
9 practice areas
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Tier 2

IMPACTA LAW
6 practice areas
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Kinstellar
6 practice areas
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Tier 3

Baker McKenzie
10 practice areas
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CMS Cameron McKenna Nabarro Olswang
6 practice areas
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Dentons
11 practice areas
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Vasil Kisil & Partners
9 practice areas
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Tier 4

Arzinger
7 practice areas
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Equity
6 practice areas
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Everlegal
5 practice areas
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Tier 5

EY Law
5 practice areas
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Ecovis Bondar & Bondar Law Bureau
5 practice areas
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Ilyashev & Partners
7 practice areas
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KPMG
7 practice areas
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Wolf Theiss
6 practice areas
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Notable

Amber Law Firm
2 practice areas
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GOLAW
5 practice areas
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Hillmont Partners
4 practice areas
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Investment Lawyer Group
2 practice areas
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LCF Law Group
6 practice areas
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Nobles
3 practice areas
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Pavlenko Legal Group
5 practice areas
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Peterka & Partners
5 practice areas
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PwC Legal
4 practice areas
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Ulysses
4 practice areas
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M&A
Tier 4
31 firms ranked
View full list

Tier 1

Aequo
10 practice areas
View full profile
Avellum
9 practice areas
View full profile
Sayenko Kharenko
9 practice areas
View full profile

Tier 2

Asters
11 practice areas
View profile
Baker McKenzie
10 practice areas
View profile
CMS Cameron McKenna Nabarro Olswang
6 practice areas
View profile
IMPACTA LAW
6 practice areas
View full profile
Kinstellar
6 practice areas
View profile

Tier 3

Arzinger
7 practice areas
View profile
Dentons
11 practice areas
View profile
Everlegal
5 practice areas
View full profile
Redcliffe Partners
11 practice areas
View profile
Vasil Kisil & Partners
9 practice areas
View full profile

Tier 4

Ilyashev & Partners
7 practice areas
View full profile
KPMG
7 practice areas
View profile
Wolf Theiss
6 practice areas
View profile

Tier 5

Ario Law Firm
3 practice areas
View profile
EY Law
5 practice areas
View profile
Ecovis Bondar & Bondar Law Bureau
5 practice areas
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Eterna Law
5 practice areas
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GOLAW
5 practice areas
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Hillmont Partners
4 practice areas
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LCF Law Group
6 practice areas
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Moris
7 practice areas
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Nobles
3 practice areas
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Notable

Esquires
2 practice areas
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Imagine Lawyers
1 practice area
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Investment Lawyer Group
2 practice areas
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Law Offices of OMP
4 practice areas
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Peterka & Partners
5 practice areas
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PwC Legal
4 practice areas
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Project development
Tier 3
21 firms ranked
View full list

Tier 1

Asters
11 practice areas
View profile
CMS Cameron McKenna Nabarro Olswang
6 practice areas
View profile
IMPACTA LAW
6 practice areas
View full profile

Tier 2

Aequo
10 practice areas
View full profile
Dentons
11 practice areas
View profile
Kinstellar
6 practice areas
View profile
Redcliffe Partners
11 practice areas
View profile
Sayenko Kharenko
9 practice areas
View full profile

Tier 3

Arzinger
7 practice areas
View profile
Baker McKenzie
10 practice areas
View profile
EY Law
5 practice areas
View profile
Everlegal
5 practice areas
View full profile
Ilyashev & Partners
7 practice areas
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Vasil Kisil & Partners
9 practice areas
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Tier 4

ADVANQ
1 practice area
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Avellum
9 practice areas
View full profile
GOLAW
5 practice areas
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Notable

Eterna Law
5 practice areas
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KPMG
7 practice areas
View profile
Legrant
3 practice areas
View profile
Moris
7 practice areas
View profile
Restructuring and insolvency
Tier 2
23 firms ranked
View full list

Tier 1

Aequo
10 practice areas
View full profile
Asters
11 practice areas
View profile
Avellum
9 practice areas
View full profile
Sayenko Kharenko
9 practice areas
View full profile

Tier 2

Baker McKenzie
10 practice areas
View profile
Ilyashev & Partners
7 practice areas
View full profile

Tier 3

Ario Law Firm
3 practice areas
View profile
Arzinger
7 practice areas
View profile
Equity
6 practice areas
View full profile
IMPACTA LAW
6 practice areas
View full profile
Redcliffe Partners
11 practice areas
View profile

Tier 4

Dentons
11 practice areas
View profile
Hillmont Partners
4 practice areas
View profile
LCF Law Group
6 practice areas
View profile
Selepey Volkovetsky & Partners
2 practice areas
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Notable

Alekseev Boyarchukov & Partners
3 practice areas
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Eterna Law
5 practice areas
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GOLAW
5 practice areas
View profile
KPMG
7 practice areas
View profile
Kinstellar
6 practice areas
View profile
Moris
7 practice areas
View profile
Pavlenko Legal Group
5 practice areas
View profile
Vasil Kisil & Partners
9 practice areas
View full profile
Linked Reviews
Financial and corporate

Ilyashev & Partners is a full-legal service firm, founded in 1997 in Kyiv. Today it employs more than 150 people and has offices and representatives in Kyiv,  Kharkiv and Odesa. The firm has a notable presence advising foreign international corporations, major Ukrainian companies and financial service institutions.  

 

Highlights  

In restructuring and insolvency, the firm is providing ongoing legal advisory expertise on the insolvency proceedings of Alchevsk By - Product Coke Plant. The firm has assisted in the efforts to gain recovery damages suffered by Ukrainian enterprises due to the ongoing war.  

In project development, the firm advised Hydroenergoinvest LLC, a part of Hydroenergoinvest-Aquanova Energy Holding, on regulatory compliance and technical requirements following changes to the operational rules for power plants.

Key clients  

Altares Capital, Astound Commerce, PZU Ukraine, BTA Bank, Clearing House Bank, Ukrainian Red Cross Society, Nestle, GrainCorp., Ferrexpo AG, SMK Group 

 

Testimonials  

2025

We appreciated the team’s understanding of the financial sector and their ability to quickly assess complex situations. Mikhail Ilyashev offers strategic insights combined with deep legal expertise, which proved essential for our decision-making.” – Banking and finance 

What stands out about the firm is their deep knowledge of Ukrainian insolvency law, precision in court pleadings, and the consistent involvement of senior experts throughout the process. The team is highly responsive, commercially oriented, and strategic in their thinking.” – Insolvency  

ILP proposing a very professional service, offering best service\price.” – M&A 

While providing legal services, the team carefully monitored the project implementation, demonstrated experience in analyzing and preparing documents, and providing recommendations in the field of corporate governance.” – Private Equity  

The law firm that supported our expansion into the Ukrainian market stands out for its exceptional expertise, professionalism, and commitment to client success. Their team is composed of highly knowledgeable legal professionals with in-depth understanding of Ukrainian business law, energy sector regulations, and international trade practices.”  - Project Development  

What sets Ilyashev & Partners apart is their rare combination of deep industry knowledge, strategic thinking, and outstanding responsiveness. Their team understands the complexities of the energy sector and quickly grasps both legal and technical nuances. They are not just legal advisors—they are true partners who proactively identify risks, propose solutions, and add tangible value to our business decisions. 
 
We especially appreciate their ability to work under pressure without compromising quality, their transparent communication, and their commitment to delivering on time and within budget. Their consistent performance, even during times of crisis, makes them an indispensable part of our extended team.” – Project development  

What sets Ilyashev & Partners apart is their deep understanding of the Ukrainian energy sector, their proactive problem-solving approach, and their ability to turn legal analysis into actionable strategy. They are not just legal advisers – they are partners in advancing sustainable energy development.” – Project development  

What we appreciate most about Ilyashev & Partners is their exceptional professionalism, deep knowledge of the local legal and regulatory environment, and strong specialization in commercial and energy law. Their team is responsive, solution-oriented, and efficient in handling both legal and administrative complexities. Communication is always clear, timely, and well-documented. Their expertise and dedication have made them a reliable and strategic legal partner for our business operations in Ukraine.” – Project development  

Ilyashev & Partners navigates multifaceted legal and geopolitical challenges with outstanding strategic insight. The team combines deep insolvency expertise with the ability to manage proceedings before both national and international courts, including the European Court of Human Rights. Roman Marchenko’s leadership has been indispensable – his unique combination of legal acumen, crisis management skills, and unwavering professionalism has ensured continuity and progress in a case of unparalleled complexity. Their work has been vital in safeguarding the company’s interests.” – Restructuring  

Mikhail Ilyashev  

Mikhail Ilyashev combines legal precision with a strong business perspective. His ability to clearly communicate legal risks and propose workable solutions is particularly valuable. 

Mikhail Ilyashev excels at combining legal precision with strategic business insight. He brings deep sectoral expertise, particularly in energy and infrastructure, and is able to anticipate legal and regulatory shifts that may impact our operations. His advice is always pragmatic, commercially sound, and tailored to our long-term goals. 
 
What truly distinguishes Mikhail is his ability to build trust and alignment among stakeholders. He fosters collaboration, navigates complex negotiations with ease, and ensures that legal solutions are aligned with business realities. His personal commitment and ability to remain calm and focused in high-stakes situations consistently inspire confidence.”  

Mikhail is one of the most strategic and solution-oriented legal minds I’ve worked with. His ability to combine legal precision with a clear understanding of the political and regulatory context is unmatched. In our collaboration, he always maintained a big-picture perspective while ensuring that no detail was overlooked. Mikhail’s leadership and credibility in the legal community gave additional weight to our advocacy efforts and helped drive real regulatory change. His involvement was a key factor in the success of our project. 

Roman Marchenko 

Roman Marchenko effectively manages complex legal processes and demonstrates strong leadership in high-stakes situations. His ability to maintain control, coordinate stakeholders, and navigate sensitive legal and geopolitical issues is particularly valuable.”  

Vadym Kizlenko 

The work of Mr. Vadym Kizlenko, acting as the Insolvency Receiver, has been instrumental. His ability to manage diverse stakeholders while protecting our property rights was vital in securing a landmark decision from the Supreme Court of Ukraine - a precedent that helped safeguard against arbitrary foreclosure. 

Yevgen Solovyov 

This lawyer brought a deep understanding of Ukrainian corporate and energy law, coupled with a sharp analytical mind and a strategic problem-solving approach. He consistently demonstrated the ability to translate complex legal frameworks into practical, actionable guidance, helping us make informed decisions at every stage of the process.”  

Yevgen Solovyov is highly responsive and consistently demonstrates strong involvement in every stage of the project. He is solution-oriented and has always managed to find effective and timely resolutions to any challenges that arose. 

Analysed the existing and developed new corporate documentation of the company (including the charter, internal regulations, procedures and rules, corporate governance code). 

2024

When you work with Ilyashev & Partners, you can trust that your team of attorneys is well-equipped to handle your legal needs. Ilyashev & Partners have the knowledge and skills to handle any legal challenge. When it comes to delivering results, they don't settle for anything less than excellence.” – Banking  

Grateful for the professionalism and integrity shown by the team during our recent legal matter. Their ability to listen attentively and openly discuss potential weaknesses in our case helped us navigate the process with confidence.” – Insolvency  

It goes without saying that the insolvency team of Ilyashev & Partners is legendary. Its team excels not only in delivering top-notch results, but also in grasping precisely what the client wants.” – Insolvency  

It was a pleasure working with the talented specialists from their local offices across the network on our recent deal. Their contribution was invaluable, and we look forward to working with them again in the future.” – M&A  

With a perfect blend of global expertise and local presence, Ilyashev & Partners Law Firm delivers exceptional legal services. With every project they take on, Ilyashev & Partners achieve the desired result. Throughout the years of our collaboration with Ilyashev & Partners, they have proven to be the reliable law firm with the highest level of legal expertise. It should be noted that Ilyashev & Partners Law Firm treated our tasks with great responsibility and dedication. I highly recommend Ilyashev & Partners Law Firm as a legal adviser which brings a rich and varied background to every task and draws on it most effectively to provide specifically targeted recommendations.” – M&A 

Ilyashev & Partners strive to exceed your expectations and ensure a seamless corporate relocation assistance service. Their top priority is always providing exceptional client service. They have the knowledge and skills to handle any legal challenge that comes our way.” – M&A 

We have been utilizing Ilyashev & Partners' comprehensive legal services since 1999, covering all aspects of our business from corporate law to tax planning. Had a great experience with this firm - their dedication to providing high-quality service is unmatched. Ilyashev & Partners have been instrumental in the growth of our business both locally and internationally.” – M&A 

We have been utilizing Ilyashev & Partners' comprehensive legal services since 1999, covering all aspects of our business from corporate law to tax planning. Had a great experience with this firm - their dedication to providing high-quality service is unmatched. Ilyashev & Partners have been instrumental in the growth of our business both locally and internationally.” – M&A 

In the face of uncertainty and war, their team in Kyiv and Odesa has shown unwavering dedication to our projects. Their commitment to excellence ensures that we save time, energy, and ultimately deliver the best results.” – Project development  

 

Mikhail Ilyashev  

When the stakes are high, having Mikhail Ilyashev on the legal team is a game-changer. His strategic thinking and cool demeanor make him a formidable force to have on your side. Mikhail’s ability to advocate for clients, no matter the size or capitalization, sets him apart.” 

I deal a lot with Mikhail Ilyashev and his team. I am very impressed with Mikhail’s outstanding commitment and professionalism. Mikhail is the legal guru who possesses impeccable transactional skills. His profound knowledge and insightful approach make him the go-to person for all business needs. He is ready to answer any call and is always efficient.” 

When it comes to M&A agreements, working with Mikhail Ilyashev guarantees top-notch support every step of the way. Mikhail Ilyashev is not only a phenomenal lawyer, but he is also a standout manager who is always on call and ready to deliver top-notch, business-oriented solutions.” 

My key contact through the years is firm’s founder Mikhail Ilyashev. He is a determined legal maverick, whose strategic advice is a very valuable asset in managing complex, stressful and time-sensitive transactions. His cross-border experience adds value, ensuring smooth negotiations.”  

Impressed by the expertise of the corporate and M&A team, led by Mikhail Ilyashev. His understanding of our industry and Ukrainian corporate law adds immense value. Mikhail brings a wealth of knowledge and experience to the table. His impact on judicial practice in Ukraine cannot be overstated. We are grateful for Mikhail's creative approach and business acumen when navigating complex cross-border transactions. His deep knowledge of the market and dedication to our business make him an invaluable asset to our team.” 

 

Roman Marchenko  

A true leader leads by example, and Roman Marchenko exemplifies this perfectly. With his reputation as a top trial lawyer and insolvency receiver, Roman Marchenko offers unparalleled insights into complex issues. By assigning individual contacts and offering his technical knowledge, expertise, and business skills, he sets the standard for effective teamwork.”  

Roman Marchenko has a strong reputation as a great trial lawyer and insolvency receiver who acts on complex debt issues. Roman Marchenko has an impressive track record of asset recovery and cross-border enforcement work in the financial sector.” 

 

Vadym Kizlenko 

Whenever we have problems, Vadym Kizlenko is right there to solve them in a matter of seconds, understands our concerns instantly, and resolves them immediately. His unwavering consistency and profound insights make him an advisor of great trust.”  

 

Yevhen Solovyov  

We were privileged to have partner Yevhen Solovyov on our project, bringing his wealth of experience and in-depth knowledge of corporate and regulatory matters. His competence and reliability shine through in every aspect of his work.” 

5 results5 results
Deal Highlights
9 results9 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Creative Group - Restructuring
2020-01-09
Ilyashev & Partners
Ukraine
Restructuring
Roman Marchenko
Creative Group
Insolvent entity
Sumykhimprom - Restructuring
2021-02-25
Ilyashev & Partners
Ukraine
Restructuring
Roman Marchenko
Sumykhimprom
Insolvent entity
Salute Hotel - Insolvency
Ilyashev & Partners
Ukraine
Insolvency
Mikhail Ilyashev
Salute Hotel
Debtor
Indumet SA - Insolvency
Ilyashev & Partners
Ukraine
Insolvency
Roman Marchenko
Indumet SA
Creditor
Creative Group - Insolvency
Ilyashev & Partners
Ukraine
Insolvency
Roman Marchenko
Creative Group
Debtor
Antonov State Enterprise - Joint venture
Ilyashev & Partners
Ukraine
Joint venture
Roman Marchenko
Antonov State Enterprise
Joint venture partner
UDP - M&A
2021-11-01
Ilyashev & Partners
Ukraine
M&A
Mikhail Ilyashev
UDP
Investor
Shareholders of Zavalyevsky Graphite Plant - M&A
2021-08-01
Ilyashev & Partners
Ukraine
M&A
Mikhail Ilyashev
Shareholders of Zavalyevsky Graphite Plant
Seller
LU Invest - M&A
2021-05-01
Ilyashev & Partners
Ukraine
M&A
Mikhail Ilyashev
LU Invest
Seller
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