CHSH has helped Israeli company Innoviz Technologies Ltd. open an office in Minsk and register as a resident in Belarus's China-Belarus Industrial Park.
Egorov Puginsky Afanasiev & Partners, reportedly working alongside Clifford Chance, has advised Citigroup Global Markets Limited and Raiffeisen Bank International AG as joint lead managers on the issuance and placement of Belarus's JSC Development Bank's corporate Eurobonds totaling USD 500 million. Vlasova Mikhel & Partners advised JSC Development Bank on matters of Belarusian law and Baker McKenzie advised the bank on U.S. and English law.
Lawyers in Belarus have been active in recognizing the potential of blockchain and the crypto-industry, says Sorainen Belarus Country Managing Partner Kiryl Apanasevich. “Belarus has been promoting blockchain culture over the last couple of years and adopted new legislation on the subject a year ago,” he says, referring to the country's Decree No. 8 on the Development of the Digital Economy that came into effect in March 2018.
K&L Gates and Arzinger & Partners have advised CDRL S.A. on its December 27, 2018 acquisition of 90% of the shares of Belarus-registered Handlowo – Przemyslowa Grupa West Ost Union Sp. z o. o. o., which owns a chain of shops with children's goods in Belarus operating under the brand Buslik, from the EBRD and four private individuals. Closing occured on January 1, 2019.
Sorainen has advised online business managing platform RocketData.io on the sale of a minority stake in Data Delivery LLC — the Belarusian company developing the platform — to the Russian-Belarusian Venture Capital Fund, an investment partnership formed by the Belarusian Innovation Fund, RVC, and RVC Infrafund. Aleinikov & Partners advised the buyers on the deal.