Alexander Kleschev – New Partner at ALRUD

ALRUD Law Firm announces the appointment of a new Partner Alexander Kleschev in the Corporate and M&A Practice starting from 1 September 2023. Alexander’s promotion to a Partner is a logical step in his career seeing that he has traversed a long professional path from a Trainee during his nine years at ALRUD and proved to be a highly professional expert and competent manager who can handle tasks of any difficulty.

Alexander specialises in complex cross-border and Russian corporate transactions involving mergers and acquisitions, establishment of joint ventures, corporate reorganisations, re domiciliation of companies, private equity transactions. He advises clients active in the areas of corporate governance, strategic investments, the insurance and brokerage business, and to financial organisations.

Over the past year, Alexander has been actively advising international and Russian clients on complex sanctions and counter-sanctions issues in such areas as corporate restructuring, management buy-out, and auction sales of foreign investors’ assets in Russia.

Alexander joined ALRUD Law Firm in 2014. He graduated with honours from Kutafin Moscow State Law University and earned a master’s degree in law from the University of London. Alexander is also an Advocate, Solicitor of England and Wales, and a member of the International Bar Association and the Law Society of England and Wales. In 2019-2020, Alexander completed his secondment at Paul, Weiss, Rifkind, Wharton & Garrison in New York, one of the largest international law firms, and gained extensive experience in cross-border transactions under US and English law.

Alexander’s recent projects include advising:

The buyer of the Russian business of Willis Tower Watson

one of the world’s largest publicly traded insurance brokers.

VEON

on the sale of VimpelCom to Russian top management for RUB 130bn.

Stockmann

on the acquisition of Lamoda, a CIS group that operates a leading fashion and lifestyle e-commerce platform, and on the restructuring of shareholder loans and compliance with Russian sanctions.

VimpelCom

on issues concerning counter-sanction regulation and transactions as part of international regulatory restrictions.

A subsidiary of NSG Group

a world leader in float glass technology, on the sale of the Russian part of its business, specifically Pilkington Glass and STIS Group, which own several plants that manufacture glass for buildings and vehicles around the world.

Bayer AG

on the acquisition of Monsanto, a US-based publicly traded multinational agrochemical and agricultural biotechnology corporation, for more than US$66bn.

ClickHouse Inc.

on a deal to create a joint venture involving Yandex N.V. and the US mutual funds Benchmark Capital and Index Ventures to develop products based on the ClickHouse open-source system.

Siemens Healthineers AG

a global provider of healthcare services and solutions, on the acquisition of Varian Medical Systems Inc. for more than US$16.5bn.

Siemens AG

in coordinating a transaction worth US$17bn with Alstom S.А., a leading French rolling stock manufacturer, with the Russian Federal Antimonopoly Service and the Government Commission for the Control of Foreign Investments in the Russian Federation.

Mitek Systems

a US-based publicly traded IT company and a global leader in mobile capture and digital identity verification solutions built on the latest advancements in AI and machine learning, on the acquisition of ID R&D, a leading identity and biometric solution provider across the world.

Uber

in a deal involving an asset merger with Yandex Taxi, Russia’s largest online taxi service, with the subsequent phased spin-off of assets from the joint venture and Uber’s withdrawal from the joint venture.

Alexander Kleschev’s biography is available at the link.

“We are pleased to welcome Alexander as a Partner at our firm. Alexander has taken all the main career steps within Corporate and M&A Practice. His extensive experience in M&A, joint ventures, corporate restructuring, company re-domiciliation, and private equity transactions allows Alexander to effectively advise Russian and foreign clients on complex transactions. We are confident that the appointment of another Partner will continue to bolster the practice’s position as one of the best teams in the market in Corporate law and M&A and the firm’s overall expertise,” ALRUD Senior Partner Vassily Rudomino commented.

“Alexander is a top-tier expert with vast experience in Corporate law and M&A. Clients highly appreciate his work and recognize his out-of-the-box thinking and willingness to find solutions to problems of any difficulty. We are pleased that our partner team is expanding with high-end specialists who have grown professionally within the firm, and we are confident that this appointment will strengthen the work of the entire team and bring success to us and our clients. We welcome Alexander and are ready to provide him with all the support he needs to solve the most ambitious problems and achieve success in his new role,” ALRUD Partner and Head of Corporate and M&A Practice Alexander Zharskiy commented.