Sergei Bakeshin

Senior Associate
Head of Dispute Resolution and Insolvency Practices



With over 15 years’ experience in private practice, Sergei is recognised as a specialist in the areas of insolvency, representing clients in court proceedings and dispute resolution. In addition, Sergei has extensive experience advising on a wide-range of matters in commercial and corporate law and M&A transactions.


Prior to working at Maxima Legal, Sergei worked at a number of Russian law firms and for several years worked for a major consulting company heading its legal department.


  • Representing the interests of creditors in insolvency proceedings involving Nevsky Bereg, the owner of one of the largest malt plants in Russia, and a number of matters related to the proceedings
  • Advised the Blago Group, a major Russian manufacturer of vegetable oils and margarine, in matters relating to the formation of a holding structure, restructuring and obtaining new financing
  • Providing comprehensive legal support for the restructuring of the Russian subdivision of the international holding Mediterranean Shipping Company, a world leader in the field of container logistics
  • Representing the interests of Otkrytiye Bank in an insolvency case of Phaeton-Aero, one of the largest fuel companies in St Petersburg and the Leningrad region, and in the insolvency cases of other companies in the Phaeton group
  • Securing insurance payments from Rossiya Insurance Society in a court case for losses caused by a major fire in a logistical centre in St Petersburg


  • 2021, Best Lawyers (Russia) – Arbitration and Mediation
  • 2021, Best Lawyers (Russia) – Financial Institutions
  • 2021, Best Lawyers (Russia) – International Arbitration
  • 2020, Delovoy Peterburg Legal Rating – the Editor’s Choice
  • 2020, Best Lawyers (Russia) – Arbitration and Mediation
  • 2020, Best Lawyers (Russia) – Financial Institutions
  • 2020, Best Lawyers (Russia) – International Arbitration
  • 2018, Delovoy Peterburg: Lawyer of the season. Summer 2018 – Disputes
  • 2018, Delovoy Peterburg: Lawyer of the season. Winter 2017-18 – Disputes


  • Member of the National Association of Bankruptcy and Problem Asset Management Specialists Bankruptcy club
  • Member of the Litigation ILN Specialty Group
  • Member of the Restructuring & Insolvency ILN Specialty Group
  • Sergei is among the Russian experts interviewed by the World Bank for its annual Doing Business


2002                St Petersburg State University, Faculty of Philosophy

2002                St Petersburg State University, Faculty of Law


Sergei has authored a number of publications on issues of insolvency and other commercial law matters and is regularly invited to provide his comments on legal news stories by business journalists.


Sergei speaks Russian (native) and English.