Corporations, financial institutions and private investors are increasingly exploring business opportunities in the Commonwealth of Independent States (CIS) and Georgia. In recent years, new investment sources have arisen in Asia and the Middle East, renewing the region’s historical links to China and the Islamic world.
Local and international investors alike require the counsel of a law firm with strong commercial judgment and cross-border capabilities when establishing or expanding a regional or global footprint. A sensibility to local business practices, too, helps ensure that companies maximize and protect their assets.
More Than Two Decades of Service
Our skilled lawyers have served clients in the CIS and Georgia since the early 1990s. With key offices in Russia, Georgia and Kazakhstan, we regularly advise clients on both inbound and outbound matters across the region. Our collaborative approach delivers results-oriented solutions that bridge business cultures to achieve our clients’ goals.
Dechert’s CIS and Georgia team includes some of the market’s leading advisors on both domestic and cross-border corporate, energy, real estate and financing transactions, and domestic and international dispute resolution in the region.
A Multifaceted Global Practice
Our lawyers are qualified in multiple jurisdictions, including Russia, Georgia, Kazakhstan, the United States, the United Kingdom, the United Arab Emirates, France and Canada, and they are experienced with the region’s varied legal systems. We are also fluent in several languages, including English, Russian, Georgian, Kazakh, French and Italian, and offer a range of services in Chinese and Turkish.
Areas of Focus
Energy and Natural Resources
Dechert’s CIS and Georgia practice is recognized as a leading advisor on energy and natural resources matters. We advise domestic and international clients in a broad range of sectors, including oil, gas, liquefied natural gas (LNG), power generation, nuclear energy and the rapidly developing renewable energy sector. We handle all stages of a project, from the initial stages of acquisition, title examination, permitting and exploration and feasibility analyses to site development, financing, management, operation and marketing.
Our lawyers also assist producers, financial institutions, contractors and other related parties on corporate transactions, financings, restructurings, permitting and other aspects of their upstream, midstream and downstream operations. We draft and negotiate industry-specific agreements relating to subsoil exploitation and handle all related commercial and regulatory issues, including environmental issues.
Mining and Metals
Dechert’s CIS and Georgia team handles mining and metals matters, with sector experience including aluminum, coal, copper, diamonds, gold, iron ore, nickel, palladium, platinum, silver, steel and uranium. We have extensive experience advising producers, financial institutions, contractors and other related parties on all aspects of mining operations.
Our lawyers assist clients engaged in all aspects of post- extraction processing and manufacturing as well as with commodities trading, and for nearly two decades we have handled corporate, regulatory and commercial matters for one of the largest foreign mining companies operating in Russia.
Recognized as a leading advisor for corporate/M&A both regionally and globally, Dechert handles transactions involving entities from small start-ups to multinational giants throughout the CIS and Georgia. Noted for our innovative cross-border and financing work in a variety of sectors, we advise national and multinational corporations, financial sponsors, regulated investment companies and investment banking firms on the entire range of corporate and general business law matters, including corporate structuring and complex commercial transactions.
Our lawyers advise joint ventures in various industries on structuring, establishing, reorganizing, unwinding and day-to-day operations. We work with the relevant governmental authorities in the context of corporate transactions as well as antimonopoly authorities in the United States and European Union, and our extensive experience includes the privatization of state companies and drafting of commercial laws for Kazakhstan.
As part of Dechert’s globally recognized antitrust/competition practice, our CIS and Georgia team advises clients on the full range of competition issues, including general competition advisory, merger clearance, competition compliance audits, cartel and other competition investigations, and competition disputes before the FAS. We also handle complex Strategic Sectors Law approvals and notifications; indeed, we were one of the first law firms to obtain such an approval on behalf of a client.
Banking and Finance
We serve domestic and foreign commercial and investment banks, multilateral financial institutions, export credit agencies, investment funds and corporations as arrangers and lenders, and multinational corporations and financial institutions as sponsors and borrowers. We assist with structuring private equity and venture capital investments, bilateral and syndicated bank loans, and all types of private and public debt and equity financings. We have particular experience with complex cross- border project and acquisition financings.
Financial Services and Investment Management
An integral part of Dechert’s top-ranked financial services group, the CIS and Georgia team advises on fund formation across the full range of asset classes, management company issues, regulatory and compliance matters, fund and management company transactional matters, commodities and derivatives law, and financial institutions regulation.
Our lawyers advise borrowers and lenders on finance transactions and assisting funds on local and international securities laws, asset management agreements, the establishment of foreign entities and the creation of global platforms to provide services to investors. We also advise funds on shareholder disputes and other matters regarding company operations, and assist with all corporate, regulatory, labor and tax issues arising from the acquisition or establishment of a corporate vehicle or other entity in the CIS and Georgia region.
Capital Markets and Securities Regulation
Corporate and sovereign issuers, underwriters, financial sponsors, investors and selling shareholders rely on us for the full range of equity, debt and hybrid securities offerings under both Rule 144A and Regulation S. Our lawyers are noted for handling some of the most innovative transactions by governments, banks and multinational corporations in emerging markets, including debut/first-of-a-kind issuances by issuers in the CIS and Georgia region, including a high-profile premium listing on the London Stock Exchange by a leading Georgian financial institution.
International Litigation, Arbitration and Dispute Resolution
Our lawyers have successfully guided clients through the complexities of litigation at all levels of the domestic court system throughout the CIS and Georgia region. We also have extensive experience litigating against administrative authorities in Russia and Kazakhstan. Our team won the first tobacco consumer lawsuit in Central Asia and one of the first major arbitrations in Kazakhstan.
We are experienced in resolving issues by negotiation, mediation, adjudication and arbitration under various ad hoc and institution rules, including:
- The London Court of International Arbitration (LCIA).
- The International Chamber of Commerce (ICC).
- The International Centre for Settlement of Investment Disputes (ICSID).
- The International Commercial Arbitration Court (ICAC) (MKAS).
- The United Nations Commission on International Trade Law (UNCITRAL).
We can approach contentious issues from all sides, having represented parties ranging from stand-alone companies to multinational business corporations and governments.
International Sanctions, Compliance and Anti-Corruption
The risks associated with economic sanctions represent a major compliance challenge for companies worldwide. Working with Dechert’s international trade and government regulation team, our CIS and Georgia lawyers regularly advise clients on the jurisdictional reach of sanctions regulations. On export controls, we assist in developing internal procedures that are tailored to a company’s structure, resources, exposure to export-related risks and commercial objectives. We also conduct due diligence regarding third party partners and acquisition targets.
With corporate criminal and regulatory enforcement actions on the rise, corporations face heightened requirements for corporate compliance programs. We have advised numerous domestic and multinational companies in the region on anti-corruption matters, and Dechert is recognized among the top advisors on the U.S. Foreign Corrupt Practices Act and the UK Bribery Act.
Investors and real estate developers, joint ventures, limited liability companies and other investment vehicles rely on us to handle all relevant corporate, regulatory and tax issues involved in real estate transactions. We have acted in many transactions involving real estate firms and corporate entities with substantial real estate assets, effectively guiding them through the complexities of M&A transactions.
Our lawyers regularly conduct due diligence of target properties, represent clients in negotiations with other parties and governmental authorities, advise on structuring of transactions and draw up all necessary agreements and other legal documents.
Infrastructure and Project Finance
We advise on the development, financing, construction, operation and acquisition of a wide range of capital-intensive projects and facilities. We have significant experience developing and implementing complex, tax-efficient capital structures for all types of infrastructure and project finance transactions, including senior credit facilities, first lien/second lien financings, subordinated/mezzanine debt structured equity, workouts/restructurings and recapitalizations.
General Corporate and Commercial Matters
We provide general corporate and commercial advice to domestic and multinational companies on operations throughout the CIS and Georgia, including on establishing a local presence, receiving accreditation for a representative office, conducting board and shareholder meetings, and other corporate governance matters. Our lawyers also advise on the full range of commercial contracts from supply and distribution to sales and franchise agreements.
Developers, owners, licensors, licensees and buyers of IP rights rely on us for a comprehensive range of commercial advice and litigation services. We guide clients through IP issues involved in strategic alliances, collaborative developments, joint ventures, licenses, service agreements, and mergers and acquisitions.
Labor and Data Privacy
We advise multinational companies and individuals on the full spectrum of employment issues. Our lawyers handle employment contracts, guidelines for hiring and dismissal of staff, cross-border transfer of data, management services agreements, temporary employment and independent contractors’ agreements, compensation policies, expatriate packages and stock option programs, and employment disputes. We also prepare internal regulations and handle issues related to data privacy and internal investigations.
Food and Beverage
Dechert represents some of the world’s leading food and beverage companies in a wide range of areas, including corporate and securities transactions, antitrust and merger structuring and clearances, consumer fraud and product liability litigation, distribution and sales arrangements, and the full range of marketing, promotional, labeling and IP issues.
Our CIS and Georgia team represents pharmaceutical, biotech and other life sciences clients on a wide range of commercial and regulatory matters, including distribution and sales contracts, competition matters, licensing and other IP issues and corporate matters. Our experience includes representing companies in disputes with commercial parties as well as the Russian government, advising on counterfeiting matters, and assisting leading pharmaceutical companies with clinical trial agreements with laboratories based in the region. We also advise on advertising, labeling and other regulatory matters.
We advise Russian and multinational clients on a wide spectrum of matters relating to the retail sector throughout the CIS and Georgia. Our lawyers have assisted with the establishment of subsidiaries, real estate issues, acquisition and sale of retail assets, banking and finance (including debt restructuring) and litigation, as well as customs issues and general corporate compliance. Our clients include major retailers, banks and private equity funds.
Technology, Media and Telecommunications
Dechert’s CIS and Georgia practice is recognized as a leading advisor on technology, media and telecommunications matters in the region. We handle a wide range of matters for domestic and international clients in the TMT sector, and regularly advise multinational companies on issues concerning establishing a presence and launching operations in special economic zones, including in Skolkovo and Free Industrial Zones in Georgia.