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Suren Gortsunyan


“He’s very business-oriented, he’s very pragmatic and very commercial,” “He gives us very specific, tailored advice.”


clients and the legal press


Suren Gortsunyan is a founding and managing partner of RGD and heads our Corporate practice. Suren specialises in advising both domestic and international companies on mergers and acquisitions, capital markets transactions, joint ventures, private equity transactions, international arbitration of corporate disputes and corporate restructurings. In 2019 Suren was included in the ICC Russia’s roster of arbitrators. His clients include companies in the real estate, retail and consumer, telecommunications, oil services, industrial and financial services sectors including fintech and blockchain.


Background


Prior to founding RGD, Suren was a partner with Akin Gump Strauss Hauer & Feld and, prior to that, a partner at Hogan Lovells and Lovells, a senior associate at White & Case and an associate at Herbert Smith CIS. He has extensive experience participating in legislative initiatives for the Russian Federation in the area of corporate and securities laws and has acted as an adviser to the Federal Commission on the Securities Market of the Russian Federation (currently the Bank of Russia). Suren was also a co-author of the commentary to the Russian Federal Law ‘On Insolvency (Bankruptcy)’ STATUT, 1998.


Expertise


Primary Practice Focus: Corporate, Mergers & Acquisitions, Private Equity, Corporate Finance

Secondary Practice Focus: Compliance


Industry Sectors
: Retail & Real Estate, Telecom & Media, Fintech & Financial Institutions, Energy & Natural Resources, Industry & Transportation, Pharmaceutical Companies and Healthcare Industry


Languages
: Russian, English, Armenian


Landmark engagement experience


Corporate and mergers and acquisitions


  • Advising the purchaser on a number of issues in connection with the acquisition of shares in, and the receivables from, the EUROCEMENT Group, as well as in connection with various matters of financing of transaction worth over $2 billion

  • Advising HeadHunter in a deal to acquire a shareholding in YouDo platform

  • Advising Etalon Group, one of the Russia’s top 10 major developers, in connection with the acquisition of a 35% shareholding in QB Technology,  a UK-based innovative construction company and acquiring a set of IP rights in order to establish a similar hi-tech construction project in Russia

  • Representing the shareholders of the Uchi.ru educational platform in connection with the sale of a strategic stake to Mail.Ru Group and a consortium of investors formed by RDIF and RCIF

  • Advising PFC CSKA on the sale of more than 75% of shares to State Development Corporation VEB.RF for ca USD250m

  • Advising LLC NPO Altair, a member of AEON Corporation on the acquisition of Fincraft Holdings Limited, the largest shareholder in Petropavlovsk PLC

  • Advising AEON Corporation on acquisition of a 48% stake in GeoProMining for US$126m

  • Advising Finstar on the acquisition of Rive Gauche and, subsequently, on the disposal of a strategic stake in Rive Gauche

  • Advising major consortium on the amendment and restatement of the shareholders’ agreement for TNK-BP

  • Advising the independent directors of IG Seismic Services PLC on the offer of one of its shareholders and related disclosure

  • Advising the independent directors of Russia's largest mining and metallurgical company on the buyback of shares and various corporate transactions

  • Advising a major Russian investment company on the sale of a strategic stake to a leading international bank

  • Advising a Russian investment company on the sale of a strategic stake to a leading international bank and on related secured financing

  • Advising a major Russian investment company on the acquisition of a major office complex in Moscow

  • Advising Mosmart shareholders on its restructuring with a major Russian bank

  • Advising a European company on the acquisition of a European bank

  • Advising ING on the disposal of its Russian pension funds business to Aviva

  • Advising Finstar on its disposal of Baltic Trust Bank (Latvia) to GE

  • Advising TNK-BP on its corporate restructuring

  • Advising Mosnarbank on its merger with Eurofinancebank

  • Advising Deutsche Bank in connection with the acquisition of Sibneft by Gazprom

  • Advising an international private finance and investment consortium on its acquisition of a stake in VimpelCom and VimpelCom-Region


Corporate finance


  • Advising a major Russian investment company on the secured financing for the acquisition of a strategic stake

  • Advising Altimo on its US$1.5 billion financing from Deutsche Bank secured by Russian shares and further refinancing of this loan with VEB

  • Advising Lebedyansky on its initial public offering and related issues

  • Advising Vozrozhdenie Bank on a private placement of shares

  • Advising Geotech on a private placement of shares to a consortium of investors led by JP Morgan

  • Advising Power Machines on the secondary public offering of its shares

Arbitration


  • Defending claims arising out of business dealings involving allegations of fraud, dishonesty, conspiracy, economic duress, unfair advantage and breach of contract; negotiating, documenting and implementing a multimillion-dollar settlement; representing the defendant in LCIA arbitration proceedings

  • Representing claimants in LCIA arbitration proceedings for the recovery of a multimillion-dollar debt under a loan agreement

  • Representing claimants in Stockholm arbitration proceedings under the terms of a contract for the transfer of real estate in Florida

  • Representing the defendant in ICAC arbitration proceedings defending a loan recovery claim and making an unjust enrichment counterclaim

  • Representing a Russian shareholder in an ad hoc arbitration claim against its European co-majority shareholder under a shareholders’ agreement


Education


  • DL, Russian Law Academy, 1998

  • LLB, Russian Law Academy, 1997


Qualification


  • Advocate, 2021

  • Solicitor of the Senior Courts of England and Wales, 2010

  • Russia, 1997

Recognitions & Awards


  • The Best Lawyers 2018 - 2022 – ranked among the top Corporate, M&A, Capital Markets, Private Equity and Real Estate lawyers in Russia

  • The Best Lawyers 2008-2017 - ranked among Corporate, M&A and Private Equity lawyers in Russia

  • Chambers Global 2009, 2010, 2012-2018 - ranked for Corporate/M&A work

  • Chambers Europe 2009, 2010, 2012-2018 - ranked among the top Corporate/M&A lawyers in Russia

  • The Legal 500 EMEA 2018 - ranked among the top Commercial, Corporate and M&A lawyers in Russia

  • The Legal 500 EMEA 2017 - ranked for Commercial/Corporate/M&A and Real Estate / Construction work

  • IFLR-1000 2018-2021 - ranked as highly regarded specialist in M&A, Capital markets, Private equity, Financial restructuring areas for Russia

  • Pravo.ru-300 - recommended lawyers in Corporate Law/M&As (high market)

  • "Kommersant" ranking - ranked among leading individuals specializing in Corporate/M&As, Retail&FMCG and Banking&Finance.


International Experience
Publications and public speaking
November 27, 2020
Language Русский | English
Legal alert on recent changes in company registration rules by Rybalkin, Gortsunyan & Partners
Suren Gortsunyan | Konstantin Mineev | Daniil Ivanov
September 25, 2020
Language Русский
“COVID-19: impact on foreign trade contracts” webinar. A webinar jointly held with the Russian Export Center Group (REC) as part of the series of online events organized by LF Academy, an innovative educational project of the St. Petersburg International Legal Forum. Watch the webinar  
Suren Gortsunyan | Ivan Meleshenko | Yuri Makhonin
September 17, 2020
Language Русский
Suren Gortsunyan takes part in the LFM Pre-conference Virtual Talk Series hosted by the IBA. Webinar “Finances, fees, costs: are there any solutions that really help”
Suren Gortsunyan
November 2, 2019
Language Русский
"Unconventional Instruments in International Disputes". Speech at the Inter RAO Offsite Legal Conference, Sochi, 2019
Suren Gortsunyan
October 16, 2019
Language Русский
"Director’s Liability in the Age of the New Paradigm". Presentation for Association of Managers of Russia and Russian Institute of Directors
Suren Gortsunyan
October 4, 2019
Language Русский
“Nontrivial methods of gathering information for legal proceedings and aggressive lawsuit strategies”. Presentation by law firm Rybalkin, Gortsunyan & Partners at the Inter RAO off-site legal conference.
Suren Gortsunyan | Yan Kalish
May 15, 2019
Language Русский
Participation in Civil Law Reform Panel Discussion. St. Petersburg International Legal Forum, 2019
Suren Gortsunyan
September 15, 2017
Language Русский
Kazan Legal, presentation and panel discussion “Corporate Transactions: English vs. Russian Law”, Kazan, 2017
Suren Gortsunyan
December 2, 2016
Language Русский
Panel Discussion on Managing Legal Business. IBA Law Firm Management Conference, Moscow, 2016
Suren Gortsunyan
May 27, 2015
Language Русский
M&A Panel, “Joint Venturing with a Foreign Investor: How to Make a Partnership Work”St. Petersburg International Legal Forum, 2015
Suren Gortsunyan
October 24, 2012
Language Русский
Legal Aspects of Mergers & Acquisitions in the Retail and Real Estate Sectors. Mergers & Acquisitions Conference, Moscow, 2012
Suren Gortsunyan
June 1, 2011
Language English
Article "Shareholders’ Agreements with respect to Russian assets: current trends". Financier Worldwide, June 2011
Suren Gortsunyan
October 1, 2010
Language Русский
Introduction to Being a Lawyer in a Foreign Office of a Global Firm. University of San Diego, presentation to law school students, 2010
Suren Gortsunyan
June 10, 2009
Language Русский
Corporate Lawyer, What Skills are Demanded?Higher School of Economics Roundtable, Moscow, 2009
Suren Gortsunyan
March 1, 2006
Language Русский
Article "Sport as an Object of Legal Regulation in Great Britain"Sport: Economics, Law, Management, 2006 No.3 Co-author
Suren Gortsunyan
March 24, 2004
Language English
Presentation "Regulatory Framework for M&A in Russia and Shareholders’ Rights". Russian Touch Conference Stockholm, 24 March 2004
Suren Gortsunyan
June 1, 1998
Language Русский
Commentary to the Russian Law on Insolvency (Bankruptcy). Сo-author Suren Gortsunyan. Statut Publishing House, 1998
Suren Gortsunyan
June 1, 1994
Language Русский

Article “Preliminary Terms of Share Sale and Purchase Agreements: Problematic Issues and their Legal Analysis”, Mergers and Acquisitions magazine, No. 3, 1994
Suren Gortsunyan
Suren Gortsunyan
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