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2026 Edition

Nobles is a full-service corporate law firm. It was established in 2007 in Kyiv, where today it employs a team of 25 professionals.

 

Focusses / specialisms

The firm is experienced in corporate and M&A cross-border transactions where it advises local and foreign clients. Its main focus in its work is acquisitions, sales and joint ventures.

It is also active in banking and finance, working on debt-restructurings and financings.

In restructuring and insolvency it advises buyers and sellers on corporate reorganizations.

It assists clients on transactions in various industries.

 

Avellum is a full-service law firm founded in 2009. It is based in Kyiv and today employs more than 50 lawyers. The firm has a strong focus on finance, tax, real estate, corporate, dispute resolution and antitrust.

 

Highlights

In banking and finance, the firm advised as Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection to the USD 20 billion loan from the Unites States to Ukraine as part of the G7 Extraordinary Revenue Acceleration Loans initiative. 

Another highlight of the firms work includes advising as Ukrainian legal counsel to Vodafone Ukraine in connection with the consent solicitation to restructure its USD 500 million 6.20% loan participation notes. 

Key clients

The Ministry of Finance of Ukraine, MHP, DTEK, KERNEL, National Power Company “Ukrenergo”, The, State Road Agency of Ukraine (“Ukravtodor”), European Bank for Reconstruction and Development (EBRD), ING Bank N.V., Kernel,Investment Capital Ukraine (ICU), Horizon Capital

 

Testimonials

2025

Fast, knowledgeable, reliable” – Bank lending  

2024

Highly responsive, technical knowledge, experienced on cross-border deals, pro-active.” – Bank lending

Professionalism, creativity and ability to think out of the box, quick respond.” – Financial restructuring."

Professionalism, complex work with client looking not only at legal side.” – M&A

Avellum boasts an exceptional team. From the outset, Andriy Romanchuk and Oleksandr Volodin demonstrated remarkable responsiveness and an in-depth understanding of every issue that arose during our collaboration.” – Private equity

 

Andriy Romanchuk

Professionally explains every aspect of work and defend clients position.”

Throughout the project, Andriy proved himself to be a highly skilled specialist in corporate matters. His creative problem-solving, attentiveness, and friendly communication style were commendable.”

 

Glib Bodnar

Great service and experience on cross-border deals. Great overall picture of business developments in the country and appeared well-connected.”

 

Mykola Stetsenko

Best lawyer and leader.”

Redcliffe Partners is a full-service firm, established in Kyiv in 2015 by a team from Clifford Chance’s former local office.

 

Focusses / specialisms

The firm is experienced in cross-border deals in all areas of financial and corporate law and it advises on Ukrainian as well as on English law matters.

In banking and finance it advises foreign banks and institutional investors mainly on project financing, debt restructurings and new money lending.

In corporate and M&A it advises mainly foreign investors on acquisitions, sales, joint ventures and various corporate matters.

In project development it has a track record of advising contractors and developers on contracts and project implementations. 

In restructuring and insolvency it is more active in restructuring and advising performing businesses. 

 

 

 

Aequo is a full service law firm established in 2014. The firm is centred in Kyiv.

The firm is known for its strong presence across all areas of corporate law and provides comprehensive legal expertise to the public and corporate sectors. The firm is well known for its banking and finance, capital markets, corporate and M&A and cross border transactions.

 

Highlights

In capital markets, the firm has a strong relationship with Naftogaz of Ukraine, the largest oil and gas state owned group of companies in Ukraine. 

In M&A, the firm advised NEQSOL Holding on the USD  100 million privatization of PJSC United Mining and Chemical Company (UMCC), Ukraine's largest producer of titanium feedstock.

 

Key clients

Naftogaz of Ukraine, European Bank for Reconstruction and Development (EBRD), Goldman Sachs, Kreditanstalt fur Wiederaufbau (KfW), NEQSOL Holding, Dragon Capital, BGV Group, Svit-Agro, Concorde Capital

 

Testimonials

2025

I appreciate Aequo Law Firm for their strong client-oriented approach. They consistently demonstrate a deep understanding of our business needs and tailor their legal advice accordingly. What truly sets them apart is their commitment to continuous improvement and their proactive attitude in addressing complex legal challenges. 
 
The team is highly professional, responsive, and responsible — they treat every task with great care and attention to detail. Their expertise in corporate and financial law is evident, and they are always willing to go the extra mile to ensure the best possible outcome. This combination of legal excellence and a collaborative, forward-thinking mindset makes Aequo a standout partner for our legal matters.” – Banking and finance 

There is no prior experience in Ukraine of combining a marketplace with a banking app. The AEQUO team demonstrates a high level of professionalism and flexibility in structuring the project within a complex and ambiguous regulatory environment. AEQUO’s relationships with regulators and lawmakers enable proper structuring of the project. We are working within tight deadlines, and the firm is successfully meeting them.” – Banking and finance 

They are experienced with drafting of government resolutions specifically, which is the experience that very few private law firms have on board. Added to that is the standard high-profile law firm approach, which is about doing things to a high standard of quality and quickly.” – Financial Service Regulatory  

Transaction docs' preparation and negotiations.” – M&A 

The team assigned to this matter was highly capable, responsive, and deeply engaged throughout the process. They demonstrated strong drafting skills, a solution-oriented mindset, and a collaborative approach that helped keep momentum in a challenging, multi-jurisdictional context.” – M&A 

They are a very loyal and proactive firm with exceptional experience and reputation.” – Private Equity  

2024

AEQUO has a very cohesive team with each lawyer understanding their role. Quality of drafting is good, they respond on time, understand urgency and are committed to work long hours if the matter requires.” – (Banking and finance client)

Good expertise and client-friendliness.” – (M&A)

AEQUO boasts an exceptionally talented team. Their approach to every project is invaluable.” – (M&A)

Excellent expertise in relevant questions. Complex view of the situation and noticing the little helpful things. Great wording of the documents that protects the client's interests. 24/7 feedback from the lawyers.” - (M&A)

The team has outstanding transactional experience and very practical approach to the matters we encounter during transactions. They also consider every little detail and are always ready to provide their analysis on vast range of issues. This combined with their deep knowledge of the market makes Aequo our trusted advisors.” – (M&A)

Aequo provides high-quality legal services on a pro-bono basis to Superhumans Center. All of the team is helpful, with great responsibility level inside the team, care for their work for us, and innovative approaches to all of the tasks given. And most importantly, provision of us as a client with all necessary instructions and explanations.” – (Project development)

 

Michael Lukashenko

“Well experienced in structuring M&A transactions.”

He possesses an exceptional depth of knowledge and talent. His problem-solving approach is truly remarkable.”

Michael has outstanding understanding of transactional work, he knows exactly where the problem is and how to deal with it. His deep knowledge of transactional mechanics and English law combined with local experience makes a huge difference in our transactions.”

“Client services, feedback, and engagement with us; new problem-solving; knowledge of our business; project management.

 

Yulia Kyrpa

Yulia is a very experienced lawyer and a great communicator. She manages her team well and understands the dynamics of the project well. She is able to identify and anticipate issues and resolve them pre-emptively.”

Combining their unique experiences gained while working in leading European law firms in the Netherlands before re-joining AEQUO with the unparalleled financial sector experience of the team lead, Yulia Kyrpa, a renowned FT ranked lawyer, was a key to success.”

 

Yuriy Gorda

By combining unique expertise from the legal and financial perspectives, Yuriy and team were able to create revolutionary proposals for amending the laws.”

PwC Legal established its first office in Kyiv, Ukraine in 1993. Today, it also has offices in Lviv and Dnipro. The firm is a member of the PwC network of firms in 156 countries, with more than 295,000 people. 

Focusses / specialisms 

The firm is experienced in advising domestic and international companies on corporate restructurings, corporate governance, financial restructurings, preparations of companies for sale, and tax advice.


Key clients 

Among its clients are Procter & Gamble Ukraine, Aon Risk Services EMEA, Multi Corporation, DevSoft, Lemtrans, Lesaffre Ukraine, Winner Leasing, Nestlé Ukraine, Nova Poshta, Porsche Ukraine, Gate Gourmet Switzerland and Eurochim Service.

Founded in 1995, Asters is a full-service Ukrainian law firm with an office in Kyiv. It comprises 140 lawyers, including 27 partners. It also has offices in Washington DC, US and Brussels, Belgium.

Focusses / specialisms

The firm is experienced in providing legal advice in all areas of financial law and project development. It acts mainly for foreign clients on cross-border deals.

The firm advises banks, institutional investors, companies and development funds on a broad range of transactions within the banking, corporate financing, project financing and capital markets practice areas.

 

Esquires is a Ukrainian law firm led by managing partner Oleksander Shkelebey with an office in Kyiv.

Focusses / specialisms

The firm advises on M&A, financial services regulatory and disputes.

 

 

Sytnyk & Partners established its office in Kyiv, Ukraine in 2006.

Focusses / specialisms

The firm is active in corporate and M&A.

 

Founded in 2005, IMPACTA LAW, a full-service law firm with a head office in Kyiv, Ukraine and a contact office in Germany. The firm has an active presence in banking & finance, M&A and project development.  

 

Highlights  

In M&A, the firm has advised German - French defence contractor KNDS on a joint venture with a Ukrainian partner to refurbish, maintain and overhail Gepards self propelled air defense systems. This transaction is a market first and represents crucial cooperation across Europe in strengthening Ukranian air defence. 

In banking and finance, the firm has advised NIBULON, the leading grain exporter in Ukraine, on its restructuring of a USD $120 million loan  facility provided by International Finance Corporation (IFC) to finance its expansion in trading volume and capital base. The firm also recently closed another restructuring for NIBULON of up to USD $300 million granted by German Development Finance Institution, European Investment Bank and the European Bank for Econstruction and Development. 

 

Testimonials  

2025

They perform services within the deadlines, very precise and diligent. Two valuable syndicated credit agreements have been successfully restructured. The prices are very competitive to compare with the other service-providers, and the quality is high.” – Financial restructuring  

They are very experienced and solution-oriented. For example, when we have a blocking point in the negotiations, they are good in proposing various solutions which helps to achieve the positive result. This is also possible because they have an extensive experience in structuring of similar M&A transactions.” – M&A 

They have a strong and well-organized team with good professional background and experience. Moreover, they are physically present in Ukraine (unlike some other lawyers) which is important for us when we chose a legal advisor.” – M&A 

All the process of merger process are clear and quick, all refers to the local legislation.” – M&A 

They have a great experienced team. Also, they are very transparent regarding the fees and invoicing.” – M&A 

When working with INTEGRITES, we always appreciate their quality, speed, and attention to detail. They make the process smooth and efficient, and we feel confident in the outcome when working with them.” – M&A 

Client oriented advice, time efficiency, ability to manage assignments proactively under stress.” – M&A 

In this firm we found a profoundly knowledgeable legal advisor. They show not only high professional expertise but also human touch, responsiveness, commitment to go extra mile. They are a perfect match for a client from another jurisdiction seeking outstanding value for money.” – Project development  

Igor Krasovskiy 

Goes deep into the details, defend interest of the client, level of communication and professionalism is high.” 

Illya Tkachuk 

I have been working with Illya Tkachuk on several deals over the past three years, and I can confidently say he is one of the most reliable and insightful attorneys I’ve encountered. Illya brings a strategic mindset to every deal, with a deep understanding of contract negotiation and risk management. His ability to distil complex legal issues into clear, actionable advice has been invaluable to our executive team. He is not only a sharp legal thinker but also a trusted advisor who genuinely understands the dynamics of our business. 

He is very experienced in M&A transactions, and he has a good team behind him. I highly appreciate his advice and solution-oriented approach, especially in complicated deal structures.”  

He is an experienced lawyer with a great team behind him.”  

Great client management, solid legal expertise.” 

Illya is an expert in his sphere.”  

Tetiana Storozhuk 

Tetiana showed strong project management skills, deep knowledge of real estate and privatisation, and a practical approach to identifying and reducing legal risks. Thanks to her leadership, the project moved forward smoothly and on time.”  

Tetiana is an excellent trouble shooter, great at explaining complicated things in an easy manner. Outgoing and very smart, pleasure to work with.” 

2024

Highest level of knowledge, service and always applicable for business solutions.” – Asset finance  

Integrites is a goal-oriented and highly skilled company.” – Banking and finance  

Knowledge of Ukrainian laws and ability to understand and document cross-border transactions.” – Investment funds 

They have high standards in terms of the quality of work which is important for us. They have a strong and rather large M&A team which makes them a good partner for a seria of transactions in a row.”M&A 

They have a complex approach as they can cover most if not all legal aspects. We started with the acquisition, but then tax and regulatory matters arise and Integrites have expertise needed to solve them. They have large experience in our business area so I do not need to explain them peculiarities of our business.” – M&A 

They have a large, experienced team which is physically present in Ukraine and so we understand that they can cover all aspects in case of need.” – M&A  

Oleksiy Feliv, managing partner, has an extensive experience in developing reneable projects. Supported by his team, Integrites' advice - is always most practical and cost effective to make project possible.” – Project development  

Integrites consistently provides top-notch legal services with a focus on timeliness and a business-oriented approach. The firm's lawyers are distinguished by their in-depth understanding of the market, attention to detail, and ability to offer customised solutions.” – Project development  

We are happy to have found such a reliable firm. We make our first steps in Ukraine, and their market connection and full understanding of the local peculiarities are pivotal for the success, with no excessive effort on our end. Integrites are genuine experts in all things construction. Lawyers are well-positioned professionals, resourceful and smart. We would entrust them to resolve any legal challenge, in project development or beyond, and would never doubt their competence and grasp of our business.” – Project development  

We value Integrites for their extensive experience in construction, real estate, and commercial leasing. Few lawyers in the market possess such in-depth knowledge of the nuances of commercial real estate. Their professionalism, confidence, and punctuality consistently impress us.” – Project development  

 

Illya Tkachuk  

Illya has a strong knowledge of legal aspects and has great negotiations skills. He is well aware of the peculiarities of our business and I can be sure that he is not missing anything.”  

He is prominent lawyer with great negotiations skills. I also like the way he manages the projects, which is important when you have several projects at the same time.” 

He is a brilliant lawyer with the strategic set of mind. Also, he has the sound knowledge of our business peculiarities which makes him a business advisor rather and a simple lawyer.” 

Thanks to his great experience Illya has a helicopter view on big projects which often helps to anticipate and overcome problems.”  

 

Oleksiy Feliv  

Overall project management, client relations, deep professional knowledge of the business.” 

 

Tetiana Storozhuk 

Tetiana Storozhuk has excellent knowledge and practical experience, particularly in commercial leasing and construction, which sets her apart among real estate lawyers.”  

Tetiana proves to be a confident and focused project lead. Amicable and easy to deal with, excellent in achieving result in negotiations of any level of complexity. she is also outstandingly knowledgeable in architectural conservation and requirements to construction.” 

Tatiana has excellent knowledge of commercial real estate nuances and trends. Her strong skills in legal strategy and negotiation build great trust in her as a specialist.” 

Founded in 2002, Eterna is a law firm where over 50 lawyers work. Its headquarters are located in Kyiv, Ukraine. The firm also has offices in Riga, Latvia, Kazakhstan and Dusseldorf, Germany.

 

Focusses / specialisms

The firm is active in banking and finance, corporate and M&A and project development.

In its banking practice prevails direct financing, while its corporate and M&A work includes sales, restructurings and acquisitions. It assists clients in various industries, including FMCG, IT and energy.

In project development it advises clients on projects, licencing and regulatory matters in energy, IT and FMCG.  

 

Ario Law Firm is a Ukrainian law firm which established an office in Kyiv in 2002.

Focusses / specialisms

The firm specialises in corporate and M&A and restructuring and insolvency.

In banking and finance, it advises companies in mergers, acquisitions, sales and various corporate matters.

 In restructuring and insolvency, it advises banks and companies on insolvency proceedings, bankruptcies, restructurings and disputes. It is active in all industries, including shipbuilding, energy, agriculture and hospitality.

Equity Law was founded in 2002 in Kyiv. The firm specialises in restructuring and insolvency and banking and finance.

 

 

Highlights  

 

In restructuring and insolvency, the firm continues to represent PJSC “UKRINBANK” in connection with a dispute with National Bank of Ukraine over the resumption of the bank’s activities in Ukraine. The firm is assisting PJSC “UKRINBANK” on all matters of debt collection from borrowers. 

 

Another notable highlight in the firms work, includes its ongoing advice representing Azovmash Group on the restructuring of $850 million debt towards 10 banks. Notably, the firm represented the client in debt restructuring before Alfa – Bank, one of Ukraine’s largest banks, as well representing two group companies in insolvency proceedings initiated by the creditors.  

 

 

Key clients  

Azovmash, Ukrinbank, Finance Company, Expert Invest, Helios Company

LCF Law Groupwas founded in 2009, today in its office in Kyiv work eight partners, two counsels and four lawyers. The firm is experienced across all areas of corporate law with a particular emphasis on corporate structure work, debt restructuring and recovery, and insolvency work. 

Highlights 

A notable example of the firm’s work includes advising AVK, a leading confectionery producer in Ukraine, in bankruptcy proceedings in connection with the loss of two of the clients largest plants in Donetsk and Luhansk as a result of Russian occupation.  

In M&A, another notable example of the firm’s recent activity during the research cycle includes advising the owners of Wind Park West-R on the sale of a wind farm with a capacity of about 200 MW to an international developer. 

Key clients  

AVK Group, Ovostar Union, Cargill, First Ukrainian International Bank, FedEx, First Ukrainian International Bank (FUIB), SENSE Bank, OTP Bank

Testimonials  

2024

High level professionalism, very deep expertise (bankruptcy/insolvency/dispute resolution), super dedicated lawyers.” – Insolvency  

Olena Volianska 

Unique expertise in complicated insolvency matters.

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.” 

Vasil Kisil & Partners is a full-service law firm founded in Ukraine in 1992.

 

Focusses / specialisms

The firm is experienced in advising domestic and foreign companies, institutional investors and private funds.

In banking and finance it works on the borrower’s and the lender’s side in project financing and debt restructuring.

In capital markets it is particularly active on behalf of the issuer and the lender on securitisation transactions and debt-to-equity swaps.

Its corporate and M&A practice is experienced in share capital increases, acquisitions, sales, and spin-offs. It advises acquirers and purchasers in all sectors, including energy and real-estate.

In project development it has a versatile and prolific record advising developers and contractors on project design and implementation, procurement procedures and on construction sites acquisitions in a broad range of sectors.

In restructuring and insolvency is particularly active in advising performing companies on corporate restructurings as part of their acquisition processes. It also advises borrowers on bankruptcies.

 

Key clients

Among its clients are European Bank for Reconstruction and Development, Tchibo, Energy Standard Group, Fin.Do, and Arcona Property Fund.

Research Period Review: 35th edition (2024/2025)

In M&A, the firm advised Acrona Property Fund as Ukranian counsel in connection with its acquisition of a four Ukranian companies and five developments sites from the Secure Property Development & Investment (SPDI). The firm advised on all relevant transactional matters including structuring and drafting the deal. 

Client feedback 

Vasil Kisil & Partners' is a team-player. They offer services on budget with great results. Working with them is always pleasure. They definitely stand out for their communication skills, out-of-the-box thinking, and the depth of expertise and cooperation within their team.” – M&A 

Alexander Borodkin  

Alexander consistently delivers clear, well-reasoned legal advice, even in complex situations. He is responsive, detail-oriented, and maintains a pragmatic approach that clients value in both negotiations and dispute resolution. 

 

Research period review: 31st edition (2020/2021)

During the research period the firm has been active in banking and finance, capital markets, corporate and M&A, project development, and restructuring and insolvency.

In banking and finance the firm advised lenders and borrowers on project financing and debt-restructurings.

In terms of capital markets it advised issuer, purchasers and lenders on securities issues, securitization of project finance loans, and debt to equity swaps.

In corporate and M&A it advised sellers and purchasers on share capital increases, spin-offs, acquisitions, share-purchases and sales. It worked on behalf of clients in sectors including energy and real estate.

In project development the firm advised developers on project design and implementation, procurement procedures and construction site acquisitions in sectors including energy, real estate and agriculture. It also advised contractors on regulatory requirements.

In restructuring and insolvency the firm advised mainly performing companies on corporate restructurings as part of their acquisition processes, as well as acting for debtors in bankruptcies.

                          

Deal highlights: 31st edition (2020/2021) 

Arcona Property Fund €30 million financing

DW Akademie

 

Client feedback: 31st edition (2020/2021)

Capital markets: Equity                    

"Reactivity and professionalism."

 

M&A               

"Very professional, excellent time management, client care and precise legal advice provided to the best standards. Certainly the leader in the legal market of Ukraine."

 

Oksana Voynarovska    

"Reactivity and professionalism."

 

Volodymyr Igonin          

"Very professional and responsive. Deep integrity and client care. High standards of service and deep understanding of clients' commercial needs. Fantastic application of law in complex matters. "

Baker McKenzie opened an office in Kyiv, Ukraine in 1992.

Focusses / specialisms 

The firm is experienced in representing banks, institutional investors and international and domestic companies in multimillion corporate law transactions and in development projects.

It has a particularly prolific record in banking and finance and corporate and M&A. Its banking and finance practice includes various forms of direct financing, acquisition finance, project finance and debt restructuring. Its M&A practice includes acquisitions and sales.

It is also active in the capital markets area, advising issuers on Eurobond issues, and in restructuring and insolvency.

In project development, it advises investment funds and companies on projects and regulatory issues.

Set up in 2016, Axon Partners is a Ukrainian law firm with an office in Kyiv, employing 10 lawyers.

 

Focusses / specialisms

The firm is specialized in advising start-ups and enterprise ventures on all matters related to corporate and M&A, IP, commercial agreement, litigation and data support. It is focused on work in media and entertainment, gaming, e-commerce and fit-tech.   

 

Key clients

Among its clients areDatas Technology, Beetroot, Poster, Compatel Ukraine, Innovataion Park UnitCity, IDAP, Data Intelligence Lab, Diceus, Rabota.UA, BlaBlaCar, MySales, ReFace AI, 3DLOOK and Vitagramma.

Sayenko Kharenko is a top-tier Ukrainian full-service law firm which established its first office in Kyiv in 2004. It also has an office in London, UK.

Focusses / specialisms

The firm is active in all areas of corporate law.

In banking and finance the firm advises lenders on direct-financing, financing recovery and project financing transactions. 

Its capital markets practice includes assisting joint-lead managers and bookrunners, advising bond holders, and drafting international capital markets and structured finance legislation.

Its corporate and M&A practice includes assisting companies with fund-raising matters, such as business restructurings and share capital increases, acquisitions of assets and shares, and other corporate matters. 

Its restructuring and insolvency practice consists of advising mostly the financing side on transactions such as financing recovery and buy-backs.

 

 

Founded in 2015, Everlegal is a Ukraine law firm with an office in Kyiv, comprising 50 lawyers.

Focusses / specialisms

The firm is active in banking and finance, corporate and M&A and project development.

In banking and finance, the firm advises on direct financing, debt restructuring and project financing.

In corporate and M&A, it advises mostly sellers on sales, mergers, restructurings and acquisitions in various industries, most notably in energy, including oil and gas and renewable energy.

In project development, it advises developers and contractors on projects in renewable energy, infrastructure and real estate.

 

Founded in 2006, Ader Haber is a Ukrainian law firm with an office in Kyiv where nine lawyers work.

 

Focusses / specialisms

The firm is active in advising banks, companies and individuals on the provision of financing and debt restructuring, litigation and regulatory matters.


Key clients

Among its clients are Alfa-bank, Credit Agricole Bank, Piraeus Bank, Crystalbank, Raiffeisen Bank Aval, Industrialbank and International Invest Bank.


Client Feedback: 31st edition (2020/2021)  

Banking and finance               

"I would like to note that the advantage of the work of the Ader Haber team is an individual approach to the client's requirements, the ability to quickly navigate in non-standard situations, efficiency in the implementation of assigned tasks and a high level of competence in their field."

"In Ader Haber we have found a reliable partner for legal services and qualified team of professionals with whom it is easy and pleasant to deal."

TCM Group established its office in Kyiv, Ukraine in 2014. It is part of the international TCM Group which comprises 35 offices and 110 agencies, practicing law in 145 countries.

Focusses / specialisms

The firm is specialised in restructuring and insolvency. It advises companies on the financing side and the distressed side on debt restructurings, corporate restructurings and other insolvency matters.

Dentons is a full-service law firm which opened its office in Kyiv, Ukraine in 1992.

Focusses / specialisms

The firm is active in banking and finance, corporate and M&A and project development. It advises clients at all sides of the table, including banks, investment institutions and private investment companies, on direct financing, debt restructuring, project financing, acquisitions and sales. Its practice also involves restructuring and insolvency work on litigation and regulatory matters.

In project development, it advises banks and development companies on projects and regulatory matters in renewable energy, oil and gas and real estate.

 

 

CMS Cameron McKenna Nabarro Olswang is a corporate law firm with an office in Kyiv. It is part of the international law firm of the same name, which established its first office in Frankfurt, Germany in 1999 and today has a team of more than 5,000 lawyers in more than 78 offices spread across 43 countries.

 

Focusses / specialisms

The firm is active in project development.

 

KPMG  opened its office in Ukraine in 1992 in Kyiv. KPMG is a global firm that operates in 147 countries, and it employs 219,000 people. 

Focusses / specialisms 

The firm advises sellers and buyers on acquisitions and sellers in various industries, including industrial manufacturing and IT. 

 

Wolf Theiss is a law firm which established its office in Kyiv, Ukraine more than 20 years ago. It is part of the global law firm Wolf Theiss, with offices in 13 countries and 340 lawyers. 

Focusses / specialisms 

The firm is active in all areas of corporate law. It advises mainly international companies on various regulatory and legal matters related to banking, corporate and debt restructurings, insolvency and bankruptcy, project financing.

It is particularly active in corporate and M&A, advising companies in their roles as buyers, sellers and simply organisations on share capital increases, acquisitions, corporate governance, joint ventures and market entries. 

 

Syrota Dzis Melnyk & Partners is a full-service law firm established in 2008. It employs 32 lawyers, including four partners in the Kyiv office and 40 off-counsels across all regions of Ukraine.  

Highlights   

In restructuring and insolvency work, the firm advised on the restructuring of a Ukrainian agricultural distributor on its debt obligation to avoid insolvency or bankruptcy. In the context of Russia’s aggression in Ukraine and the damage caused to the nations agrifood sector, this deal is particularly impactful on the clients development  

Another notable deal during the research cycle includes advising a group of private investors on a financial fund structure to attract foreign investment into key sectors in Ukraine such as agriculture, infrastructure and real estate.   

Testimonials   

For the agreed retainer of reasonable price, we get access to high quality legal experts in different fields, so for us it's an ideal choice for outsourced since our legal needs vary and we get all of them covered by our external legal advisor.” – Banking & Finance   

They are quite experienced, result oriented and client-friendly.” – M&A  

Great experienced team, a good price.” – M&A  

The entire Syrota Dzis Melnyk & Partners team is fast, helpful and courteous. The service provided by Syrota Dzis Melnyk & Partners is, above all, professionalism at the highest level. Project development  

Dmytro Syrota   

Is highly professional in his areas of expertise and is always available for quick reaction/acts as extended part and in the best interests of our company and as true business partner to us.  

Dmytro is good at managing the project and the team. Besides, he is very experienced.  

He has a fantastic understanding of the legal needs of a global company like ours, is able to adapt and helps to navigate the provisions of Ukrainian law.”   

Dzis Serhiy   

Serhiy is well experienced in corporate.

Pavlenko Legal Group is a Ukrainian law firm which established its office in Kyiv in 2008.

Focusses / specialisms

The firm is experienced in litigation cases in the area of banking and finance. In corporate and M&A it advises sellers and buyers on sales, acquisitions and various corporate matters in various sectors, including telecommunications, agriculture, pharmaceuticals and IT.

 

GOLAW  is a Ukrainian law firm which established its office in Kyiv in 2003.

Focuses / Specialisms 

The firm is active in banking and finance and corporate and M&A.

The banking and finance practice is focused on advising creditors on debt restructurings and trade receivables, while the corporate practice includes advising clients in energy, IT and retail on corporate restructurings, share capital increases, corporate governance implementations and other matters.

Founded in 2008, Selepey Volkovetsky & Partners is a Ukrainian law firm known for its restructuring and insolvency practice of revitalising distressed assets. Its office is located in Kyiv, Ukraine.

Focusses / specialisms

The firm is specialised in the restructuring and insolvency area, where it assists mainly distressed companies and private figures on debt and corporate restructurings, disputes, protection from hostile acquisitions, bankruptcies and insolvency proceedings.

Founded in 2013, Amber Law is a corporate law firm with an office in Kyiv and a team of 18 lawyers.

 

Focusses / specialisms

The firm is active in finance and corporate, particularly in banking and finance. 

Hillmont Partners is a corporate law firm which opened its first office in Kyiv in 2016. Today it also has offices in Lviv and London and a team of 10 lawyers.

 

Focusses / specialisms

The firm is active in corporate and M&A, and in restructuring and insolvency.

 

 

 

Absolute” is a corporate law firm founded in 2008. It has an office in Kyiv.

 

Focusses / specialisms

The firm is active in restructuring and insolvency.

 

Marchenko and Partners is a Ukrainian full-service law firm with an office in Kyiv.

 

Focusses / specialisms

The firm is active in banking and finance, capital markets and M&A.

In banking and finance it advises lenders, borrowers and creditors on direct financing, pre-export financing and debt-restructuring.

In capital markets the firm advises mostly issuers on public offerings, senior notes offerings, ATM projects and IPOs.

In corporate and M&A the firm advises buyers and sellers on sales, acquisitions and restructurings in various industries.

 

Founded in 2011, Gryphon Group is a law firm with an office in Kyiv, Ukraine.  

 

Focusses / specialisms

The firm is active in banking and finance and corporate and M&A. It has a prolific record in conducting due diligence investigation on banks, advising institutional investors while its corporate practice includes advising clients in various industries on mainly corporate restructurings. It is particularly active in real estate construction and e-commerce.


Key clients

Among its clients are Taryan Group, European Investment Bank, WOG, Clever Asset Management, Crystal, Epicentr M, Hubber, Molis Group, Agrogroup and Nitro Invest Group.


Client Feedback: 31st edition (2020/2021)  

Asset finance            

"Everything is good. In all areas. Professionals."

 

Bank lending : Borrower side                      

"They negotiate with financial structures on a high level. They realised our opportunities and the company achieved business goals in investments. "

"All team demonstrate: professionalism and personal attention to the details, personal approach, responsiveness. The work was completed in time. "

"Explicitly, the firm always aims to satisfy the needs of the clients as much as possible. Annually the authoritative studies recognise the partners of the firm Elena Lynnyk and Igor Lynnyk as the best lawyers in the areas."

"Provide quality data for analysis."

“Ukraine is well known for corruption and corrupt legal practices. My work with Gryphon established an open and transparent relationship and above all trust. "

 

M&A                           

"The firm provides excellent service. The team works with high respect to its clients."

Law Offices of OMP is a Ukrainian law firm founded in 2007 with an office in Kyiv, Ukraine. It comprises of 50 lawyers.

 

Focusses / specialisms

The firm advises investors on securities, corporate governance and regulation, taxation tax audit, intellectual property and dispute resolutions.

 

Shkrebets & Partners is a Ukrainian law firm which established its office in Kyiv, Ukraine in 2002. Its team consists of more than 20 lawyers. The firm opened an office in Kramatorsk in 2020.

Focusses / specialisms

The firm is active in project development and dispute resolution. Its clients are mainly domestic companies and public figures.


Key clients

Among its clients are Kharkiv Heat Power Plant-5 and Kharkiv City Council.

ECOVIS Bondar & Bondar is a law firm with an office in Kyiv, Ukraine. It is part of the international consulting firm ECOVIS International which operates in more than 60 countries globally.

 

Focusses / specialisms

The firm is active on legal and litigation matters related to the project development practice area.

 

 

VB Partners is a boutique law firm, specializing in litigation, which was established its office in Kyiv, Ukraine in 2005.

 

Focusses / specialisms

The firm is active in banking and finance, corporate and M&A and restructuring and insolvency. It advises clients in various sectors, most notably in banking.


Key clients

Among its clients are shareholders and top managers of banks such as Delta Bank Ukraine, Delta Bank Belarus, Khreshchatyk Bank, Omega Bank, Ukrsibbank. It also advises National Bank of Ukraine officials, Helios financial company, Quarter Partners, Immer Group, Vioil Industrial Group and International Clinic for Rehabilitation.

Moris Group established its office in Kyiv, Ukraine in 2004. Today it comprises 36 lawyers.

Focusses / specialisms

The firm focuses on banking and finance, corporate and M&A, investment and business support, data privacy and cybersecurity, real estate, financial restructuring and capital markets.

 

Peterka & Partners has established its office in Kyiv, Ukraine. It is part of the international law firm Peterka & Partners. The first office of the firm was established in 2000 in Prague, Czech Republic and today it has offices in Bulgaria, Hungary, Poland, Romania and Slovakia.

Focusses / specialisms

The firm has experience in advising borrowers and lenders on obtaining financing and debt-equity swaps.

 

EY is a firm that provides law and tax advice, and it has an office in Kyiv, Ukraine. It is part of the global firm EY with 700 office locations in more than 150 countries.

Focusses / specialisms

The firm is active in banking and finance and in corporate and M&A.

It has experience advising institutional investors and companies on market entries, regulations and financial restructurings in the banking sector.

In corporate and M&A, it advises mostly private equity investors in their roles as investors and sellers on acquisitions, sales and business restructurings in various sectors, including energy and agriculture.

 

Established in 2016, the Kinstellar office in Kyiv, Ukraine offers a full range of legal services, provided by 60 lawyers. It is part of the international law firm Kinstellar which established its first office in Prague, Check Republic in 1992 and today it has offices across Central and Eastern Europe, as well as in Turkey.

 

Focusses / specialisms

The firm is active in banking and finance, corporate and M&A and project development.

In banking and finance the firm advises the lending side and the borrowing side on direct financing, project financing and acquisition financing.

In corporate and M&A it advises sellers and buyers on acquisitions and sales in energy, IT, telecommunications and pharmacy.

In project development it advises clients on projects and concessions in transport and energy.


Key clients

Among its clients are Naftogaz of Ukraine, Marriott International, Duferco, Deutsche Investitions und Entwicklungsgesellschaft, EBRD, State Property Fund of Ukraine, World Bank Group, IFC, QTerminals, Vesco Private Joint Stock Company, Abt Britain, ADM International, Amway, Alvogen, Bosal Nederland, British Embassy Kyiv, CET Central Energy Trade, Ciklum, City Storage Systems, CMEC, Dunapak, DXC Technology, EBRD, Ezpada, GIZ, Google, GTT Communications, State Property Fund of Ukraine, SESS Solar, Duferco, Vesco, QTerminals and Mitsubishi Corporation.


Client Feedback: 31st edition (2020/2021)  

Project development                        

"Speaking about Kinstellar, that's the case when I chose to keep the counsel even after moving to another workplace. The firm has always had a reputation as an efficient, professional and business-focused legal adviser. I would mark out strong expertise, excellent quality, high responsiveness and business focus - these are the main features that make the firm stand out in the market. I've heard and seen them quite a lot in a recent year, and they are definitely worth a high grade from IFLR1000! Speaking about individual firm's representatives, I would mark out Iryna Nikolayevska, head of the corporate/M&A team, a highly professional lawyer having solid experience in the field, deep understanding of the market and business processes, always offering business-focused solutions. "

 

Restructuring : Corporate                            

"DLA Piper Ukraine is a trusted partner in a difficult and complicated financial and legal environment, namely Ukraine. They are highly professional and have an excellent knowledge of the Ukrainian legal framework and infrastructure. They have been successful in all projects, despite the obstacles and complications encountered. "

Legrant is a boutique law firm headquartered in Odessa. The firm is led by managing partner Tatyana Titarenko. 

Focuses / Specialisms

The firm is recognized for its focus on project development with particular specialised expertise in maritime and international trade law. 

Arzinger was founded in 2002 and is headquartered in Kyiv. The firm has additional offices in Lviv and Odesa. The firm employs over 70 legal professionals, including 12 partners. 

Focuses / Specialisms 

The firm has extensive expertise across corporate law in practices including banking & finance, M&A, project development and restructuring and insolvency. 

Kasyanenko and Partners is a corporate law firm with an office in Kyiv, Ukraine.

 

Focusses / specialisms

The firm offers legal services in all areas of corporate law and project development.

 

Client feedback: 31st edition (2020/2021)

Asset finance            

"Did everything quickly, quality, without involving us."

 

Bank lending : Borrower side                      

"It was a very well-coordinated work. A real team worked on our case, we did not have any problems or delays at all. Every month we received a report on the work done every day."

 

Bank lending : Borrower side                      

"We were very surprised by the visible track record of this company. No company on the Ukrainian market has so many victories, cases won in court, positive dynamics of negotiations."

 

Banking and finance             

"This company was recommended to us. They have a lot of experience and many positive decisions in relation to their clients. They know the banking system inside and out."

 

Investment funds                  

"Search and analysis of national and foreign projects for joint investment with minimal risks; using the existing framework of investment projects and assistance to the Ukrainian investors in search of foreign investors; analysis of demand for goods in a particular investment industry; preparation and legal support for investment projects - business sales, investment proposals, preparation of business plans; legal support and assistance in organising meetings with foreign investors; legal advice on opening your own business in Ukraine; assistance in registering a company, foreign investments, and selecting a tax system; legal support of a turnkey company; legal support for business meetings, consultations, forums and conferences."

 

Restructuring            

"We have achieved the result in the form of writing off part of the debt. And this is a great deal. The work of the company is highly appreciated by the legal department. We continue to receive consulting services from the company and are very pleased with the cooperation."

Imagine Lawyers was established in 2024 in Kyiv by former partners of DLA Piper Ukraine, Margarita Karpenko, Alla Kozachenko, Galyna Zagorodniuk, and Illya Sverdlov. 

Focuses / Specialism 

The firm is recognised for its M&A practice and is actively advising on routine and landmark transactions in Ukraine. 

Founded in 2005, Alekseev Boyarchukov & Partners is a corporate law firm based in Kyiv.

Focuses / Specialisms 

The firm is particularly well known for its focus on restructuring and insolvency handling matters such as bankruptcy, debt restructuring, and corporate insolvency matters. 

DLA Piper is one of the stronger international firms in Ukraine.Foreign clients recommend it for M&A, noting managing partner Margarita Karpenko is its leading figure in the area. Together with a strong portfolio of work,the recommendations see the firm join tier 2 in M&A. One of the firm's few public transactions was its advice to Europe Virgin Fund on an investment in Lux PHARMA.

On the banking and finance side the firm mainly advises on lending and restructuring work. It continued to play an active role in one the country's large restructurings in 2013. Banking and project head Oleksandr Kurdydyk has been busy giving post-restructuring advice to Donetsksteel.

Baker & McKenzie is widely considered the leading international firm in the Ukraine, and one of the best places to seek banking, finance or M&A advice in the country. While being the top foreign practice in the country is certainly a good accolade to have, Baker & McKenzie was once known as the best firm in the country, outright. Commentators – peers and clients – feel, however, that while the firm is still very strong, it doesn't dominate the market in all areas as it once did.

Capital markets is where clients feel the firm has slightly dropped, with several noting it is now third choice behind Avellum Partners and Sayenkho Kharenko. "We would see Baker after Avellum and Sayenkho," says one client. While another remarks: "Sometimes the output was not up to our expectations." This is not to say that the firm isn't good in capital markets, it is, and its far better than most of the firms on the market, but at the top the margins are small.

In general banking the firm remains one of the country's leading firms. Managing partner and banking and finance specialist Serhiy Chorny delights clients. "Very fast, very accurate, very good," says one who worked with him. "The advice was reliable, commercial and pragmatic." Another remarks: "Serhiy Chorny is technically excellent in advising on the most complex legal structures and issues." Banking and finance partner Oksana Simonova is also highly regarded "The experience from the cooperation with Mrs Simonova was very positive. She was driving the process and coordinated the English law matters as well as local Ukrainian ones. She was deeply in the peculiarities of the client's business and the related legal issues," explains one client. Another client stresses that the team is good on the more sophisticated banking deals. "It's on a par with Asters and Sayenko Kharenko as my first choice in Ukraine, although I would tend to use them for the most complex work rather than smaller projects," says the client.

In M&A the firm's position at the top of the market is uncontested. It matches outstanding service with an almost unrivalled track record and local knowledge. "Their experience in Ukraine is almost unbeatable in general M&A," says one client. "They are professional and client orientated; they stay within the agreed fee or hourly billing rate. The standards of service and documents are very good; we know what to expect. The level of service improves with each transaction; the lessons we learn are always taken into account and never come up again." Viacheslav Yakymchuk particularly impresses clients. "He has proven his professionalism not only in putting the deal together but in supporting the deal several years into the investment. His support doesn't stop once the transaction is complete, he will resolve issues; he stays involved," explains one client.

The firm's recent M&A activity was predominantly private equity driven. Long standing client Horizon Capital mandated Yakymchuk on several deals including its $40 million investment into Tinkoff Credit Systems.

Most of the firm's capital market deals are equity transactions, which are pending, including a number of planned IPOs in Warsaw.

The EIB (European Investment Bank) has been an active client of the firm's in the last year. Two of Chorny's mandates for the bank saw him advising on loan facilities to UkrEximbank and UkrSotsbank for €140 million and €100 million respectively.

Ukrainian firm Konnov & Sozanovsky has a good network. In addition to boasting offices in Cyprus and Russia, the firm is also part of an international law firm network that encompasses peers in Europe, the US, the Middle East and Africa. The firm is better known for its contentious work, it is involved in some banking and M&A work.

One of the firm’s publishable transactions saw M&A team head Helen Yaremchuk advising Inter Cars on a share purchase agreement valued at €440 million.
Sayenko Kharenko
9 practice areas
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Sayenko Kharenko is a leading Ukrainian law firm with an internationally oriented full-service practice. Founded in 2004, the firm is currently among the two largest law firms in the country, with 21 partners and more than 100 lawyers. The firm specialises in complex cross-border and domestic matters, regularly handling the largest and most sophisticated transactions and disputes involving Ukraine.

The firm has provided legal services to over 3,000 clients from more than 60 countries and has brought over USD 80 billion of investment into Ukraine. We pride ourselves on being the firm of choice for the leading international corporations, including over 70 Fortune 500 companies and the world’s top-tier investment banks. Every client is unique, and our services are tailored to fit their business needs and individual profile.

Sayenko Kharenko advises across a full range of practice areas, with particular strength in banking and finance, capital markets, M&A, antitrust, corporate, dispute resolution, GR, intellectual property, international arbitration, international trade, labour, real estate, restructuring, securities, and tax. The firm has introduced a number of market-first products in Ukraine, particularly in finance and capital markets, and has played a significant role in developing key industries and markets. Clients value its practical, innovative approach and its ability to align legal strategy with broader business objectives.

The firm's standing is reflected in consistent top-tier recognition across major legal directories. Sayenko Kharenko was repeatedly awarded "Ukraine Law Firm of the Year" by the most important international legal ranking agencies in recent years, such as IFLR European Awards, Chambers Europe Awards, The Lawyer European Awards, and was recognised as one of Europe’s Top 50 most innovative law firms according to the FT Innovative Lawyers Report by Financial Times.

Syrota Dzis Melnyk & Partners
8 practice areas
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SDM Partners is an independent full-service Ukrainian law firm, providing a full range of legal services in all regions of Ukraine and CIS countries and also internationally through partnership networks with leading local law firms in all major capital markets and jurisdictions. Among the firm’s clients, there are many top representatives of the international and local business.

Our main feature is focusing on clients’ goals through understanding of the Ukrainian market, special attention to each of the industries and unique longstanding experience.

Vasil Kisil & Partners
9 practice areas
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Ukraine
Aequo
10 practice areas
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Aequo is the Ukrainian top-tier law firm serving industry leaders in transactional and dispute resolution matters.

Aequo’s clients are leading Ukrainian and international companies and organizations, such as Amazon, Allianz, ArcelorMittal, AXA, Bunge, Commerzbank, Corteva, Darnitsa, Discovery Networks, Dr. Reddy's, DuPont, EFSE, European Commission, Facebook, Forbes, GlaxoSmithKline, Google, IFC, Inditex, Instagram, Kernel, Nova Poshta, Novo Nordisk, OLX, Philips, Posco International, ProCredit Bank, Schenker, Samsung, Sandvik, Synthon, Thomson Reuters, UniCredit, Vodafone, Zara. 

Aequo has been named Ukraine Law Firm of the Year by Chambers Europe Awards 2022, the Most Innovative Law Firm of the Year in Ukraine by IFLR Europe Awards 2018, and one of the most innovative law firms in Europe according to the FT Innovative Lawyers 2015-2022. 

Equity
6 practice areas
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Ukraine
Everlegal
5 practice areas
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EVERLEGAL is an independent sector-focused Ukrainian law firm. EVERLEGAL’s partners comprise ex-Magic Circle senior lawyers with broad expertise in international corporate finance matters and well-known Ukrainian advocates with focus on complex litigation. 

EVERLEGAL has transactional, dispute resolution and advisory practices. The firm has an outstanding track record in such sectors as energy, banking & finance, agriculture, pharmaceuticals, real estate, IT and FMCG. 

EVERLEGAL is a TOP20 Ukrainian Law Firm and holds leading positions in international and Ukrainian ratings.

Avellum
9 practice areas
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Founded in 2009, AVELLUM is a leading Ukrainian full-service law firm based in Kyiv.

The firm works with large businesses and financial institutions on the most high-profile and complex transactions. AVELLUM's expertise spans 20 practice areas and 9 industries, with particular strength in complex cross-border matters.

AVELLUM combines international best practices with first-hand knowledge of Ukraine's business environment. The firm's partners are directly involved in every transaction, combining strategic oversight with hands-on execution. The firm builds lasting relationships with clients, helping them feel secure amid uncertain economic and legal realities.

The firm has been consistently ranked among the country's top-tier firms by all major international legal directories, such as IFLR1000, Chambers & Partners, The Legal 500, International Tax Review, and others.

Learn more at avellum.com.

Ilyashev & Partners
7 practice areas
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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.

IMPACTA LAW
6 practice areas
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IMPACTA LAW is a full-service Ukrainian law firm specialized in cross-border transactions, complex dispute resolution, and projects requiring industry expertise. In 20 years, IMPACTA LAW has supported 2,000+ clients worldwide, including Fortune 500 companies and leading financial institutions.The firm is consistently recognized by Chambers and Partners, The Legal 500, GAR100, Lexology Index. Commended as European Banking Team of the Year by The Lawyer European Awards. Since the outbreak of full-scale war in Ukraine, IMPACTA LAW provides extensive pro bono legal support to the Ukrainian military personnel and their families.

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Deal Highlights
180 results180 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Ukravtodor - Bond Issue
2021-06-01
Avellum
Ukraine
Bond issue
Ukravtodor
Issuer
Ukravtodor - Bond Issue
2021-06-01
Sayenko Kharenko
Ukraine
Bond issue
JP Morgan Chase, Dragon Capital
Underwriter
DTEK Oil&Gas BV - Bond Issue
2021-05-01
Sayenko Kharenko
Ukraine
Bond issue
DTEK Oil&Gas BV
Issuer
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
European Bank for Reconstruction and Development - Asset finance
2021-02-25
Aequo
Ukraine
Asset finance
Yulia Kyrpa
European Bank for Reconstruction and Development
Borrower
Convex International - Asset finance
2020-01-06
Aequo
Ukraine
Asset finance
Yulia Kyrpa
Convex International
Borrower
AlmaStone - Asset Finance
2021-02-25
Aequo
Ukraine
Asset finance
Yulia Kyrpa, Anna Babych
AlmaStone
Lender
Güriş Holding - Financing
2021-02-25
Aequo
Ukraine
Financing
Yulia Kyrpa
Güriş Holding
Borrower
Posco International - Financing
2020-01-07
Aequo
Ukraine
Financing
Anna Babych
Posco International
Lender
European Bank for Reconstruction and Development - Financing
2020-01-09
Aequo
Ukraine
Financing
Yulia Kyrpa
European Bank for Reconstruction and Development
Lender
Dragon Capital - Financing
2021-02-25
Aequo
Ukraine
Financing
Yulia Kyrpa
Dragon Capital
Borrower
Naftogaz - Financing
2020-01-05
Aequo
Ukraine
Financing
Yulia Kyrpa
Naftogaz
Borrower
Deposit Guarantee Fund of Ukraine (DGFU) - Restructuring
2020-01-08
Aequo
Ukraine
Restructuring
Yulia Kyrpa
Deposit Guarantee Fund of Ukraine (DGFU)
Debtor
ProCredit - Restructuring
2020-01-04
Aequo
Ukraine
Restructuring
Yulia Kyrpa
ProCredit
Creditor
Industrialbank - Restructuring
2020-01-06
Aequo
Ukraine
Restructuring
Yulia Kyrpa
Industrialbank
Creditor
ABB Asea Brown Boveri - Restructuring
2020-01-07
Avellum
Ukraine
Restructuring
Mykola Stetsenko
ABB Asea Brown Boveri
Debtor
Prostor - Restructuring
2020-01-10
Avellum
Ukraine
Restructuring
Mykola Stetsenko
Prostor
Acquirer
Ministry of Finance of Ukraine - Financing
2020-01-12
Avellum
Ukraine
Financing
Glib Bondar
Ministry of Finance of Ukraine
Borrower
Black Sea Trade and Development Bank - Financing
2020-01-12
Avellum
Ukraine
Financing
Glib Bondar
Black Sea Trade and Development Bank
Lender
1
of
9
By Firm
11 results11 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
Aequo
Ukraine
38
0
Avellum
Ukraine
29
0
Baker McKenzie
Ukraine
1
0
Equity
Ukraine
24
0
Fenwick & West
1
0
Ilyashev & Partners
Ukraine
9
0
IMPACTA LAW
Ukraine
47
0
LCF Law Group
Ukraine
17
0
Nobles
Ukraine
1
0
Redcliffe Partners
Ukraine
11
0
Sayenko Kharenko
Ukraine
2
0
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