Qualified and experienced lawyers of the practice are recognised by the leading international legal guides.



"It expertly evaluates legal risks and it's also very client-oriented; its priority is to resolve the client’s problem."

"I like the high quality of work, the robustness of the advice and the results the team has achieved."

The firm “remains involved in a number of high-value matters with multijurisdictional elements, advising major banks and corporations.”

Leading lawyers: Dimitry Afanasiev, Dennis Turovets (Minsk).

“A strong litigation department ensures this restructuring and insolvency team has robust expertise when it comes to disputes in this area. Acts for trustees, creditors and debtors. Knowledge includes advising on debt restructuring and debt recovery.”

Sergey Kovalev and Valery Eremenko (Moscow) are the key contacts for this practice.”

“Huge network across the CIS brings added value, and [in Ukraine] the team frequently works with regional banks and corporate clients.”

“The firm is undoubtedly strongest in restructuring and insolvency. One client says: “Exceptional team – best choice for work in complex bankruptcy matters in Russia.”

“This sizeable Russian outfit is mostly associated with excellence in dispute resolution, but its size and breadth of expertise mean it is capable of providing a full service, including restructuring and insolvency advice.”

“Olga Khoroshylova (Kyiv) is one of the leading banking and finance and capital markets advisers in Ukraine, and is also well versed in restructuring and insolvency matters. Recently she has been highly active in the finance and oil and gas sectors.”

“The firm … has a good place in the banking sector due to its roles on bank related M&A … and in banking and debt litigation cases. The team also often gets instructed by investment funds.”

“The restructuring and insolvency team is led by Arkady Krasnikhin and counts on the corporate and litigation expertise of Dmitry Afanasiev and the corporate practice of Dmitry Stepanov.”

“This large CIS firm continues to be a leader amongst domestic outfits, and its restructuring and insolvency practice is no exception. The large pool of commercial expertise and the support of a top-flight litigation practice put this team in high demand.”

“Extremely efficient and knowledgeable”

“Dimitry Afanasiev is a multi-skilled, analytical lawyer, according to market sources. His experience and market presence do him much credit, and he is an important contact for the firm.”

“The firm is rated for its long-standing local experience and excellent restructuring practice that provides full litigation support. The team [in Ukraine] is integrated into the banking and capital markets practices and clients regard it as a strong choice for cross-border mandates.”

“One of the leaders in the market.”

“Clients and peers recommend partner Olga Khoroshylova (Kyiv) as a highly skilled practitioner with an excellent knack for providing solution-oriented advice in difficult situations.”

 “Ukrainian partner Olga Khoroshylova "enjoys a well-deserved reputation" in the market for her banking and finance expertise. She also "brings considerable restructuring and insolvency know-how to her practice."
 “EPAM recently advised on corporate debt restructurings in Russia totaling over $20bn and assisted with drafting the legal framework for the Russian Government’s anti-crisis programme and the reform of Russian bankruptcy legislation.”

“Dimitry Afanasiev, Stanislav Puginsky and Dmitry Stepanov are held in high esteem.”
 “EPAM is another local firm to attract crisis-driven work from big-ticket clients.”

“The firm has also played an instrumental role in drafting the new insolvency laws and financial rehabilitation regulations.”
 “The firm is ranked first in Restructuring & Insolvency in Ukraine. The team comprised of banking, litigation and corporate lawyers advises the government of Ukraine on the management of its debt and the restructuring of Ukrainian banks. The researchers make a particular note of the team’s in-depth experience in a broad range of financial products.”

“Although this firm’s emphasis has traditionally been on corporate law and litigation rather than finance, it has played an undeniably central role in handling the matters emerging from the economic crisis.”

“Senior figures at partner level “have their finger on the pulse, which is helpful in understanding trends and amendments in legislation,” agree clients.”

“The Russian government instructed EPA&P on its Anti-Crisis Programme, drafting legislative measures to overcome financial crisis in Russia.”

“Clients are quick to note the value for money and international working standards from this native Russian firm.”

“The firm’s Moscow office is recognized for “its focus on delivering informed, pragmatic advice and quick response times” and “a strong reputation in handling insolvency cases.”