Preparation of a legal opinion on financing the construction of the Belarusian NPP

We were engaged as a legal consultant in a project governed by the Agreement between the Government of Belarus and the Government of Russia on cooperation in the construction of the first Belarusian NPP in Astravets. We advised on a number of issues related to the loan agreement with the Russian State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” and prepared a legal opinion on the compliance of the transaction documents with the legislation of the Republic of Belarus and on the enforceability of the transaction under the applicable law.

Client

Russian State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)”

Work period

2019

The determining factor, when choosing Verkhovodko & Partners as Velcom's general legal counsel, was dedication of the highly qualified team not only to minimize the legal risks, but primarily to offer comprehensive business-solutions, in which all risks have already been analyzed and thoroughly thought of, and, as the result, being the most efficient solution to the problem in hand. The possibility to receive complete on-line legal advice and willingness to assist on short notice in difficult negotiations on disputable issues — is exactly the level of legal support/assistance, which Verkhovodko & Partners offers. Multijurisdictional experience in advising businesses and proficiency of the law firm's partners assures you that there is always a solution to any problem, and the one which will be the most appropriate and beneficial to your business. These are the core principles on which the cooperation between Velcom and Verkhovodko & Partners is based for many years.

D. Filazafovitch, CFO, Velcom
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