Sergei Bakeshin

Senior Associate
Head of Dispute Resolution and Insolvency Practices
Head of Сorporate Practice

St Petersburg, Moscow



Sergei has extensive experience advising on a wide-range of matters in dispute resolution, insolvency, commercial and corporate law and M&A transactions.

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. Sergei has authored articles on a variety of legal matters and has considerable experience of giving presentations at professional and academic conferences.

Sergei is often a speaker for Maxima Legal at professional and academic events.


Sergei is a Senior Associate and Head of the Dispute Resolution Practice at Maxima Legal.

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.


  • Best Lawyers 2021 (Russia, St Petersburg) – Arbitration and Mediation, Financial Institutions, International Arbitration
  • Litigation  – (2019) – the Maxima Legal litigator team headed by Sergey entered the TOP 25 best litigators in Russia
  •, (2013 – 2019) – for the past six years the practices for insolvency and arbitration proceedings at Maxima Legal have been ranked highly by the national legal rating agency 300
  • IFLR 1000, (2013 – 2019) – for six years in a row Maxima Legal has been recommended as one of the leading firms in Russia in the fields of ‘Restructuring and Insolvency’. In the most recent ratings, Sergei is described as “an attentive, experienced and discerning lawyer”
  • The Legal 500 (St Petersburg and elsewhere, Russia), 2013, 2014, 2015, 2016, 2017, 2018, 2019 – Maxima Legal has for five years in a row been recommended under the category of ‘Commercial, Corporate and M&A’ in St Petersburg and the regions as well as Restructuring and Insolvency (2019)
  • Chambers Europe (St Petersburg), 2016, 2017, 2018 – Maxima Legal has been recommended under the ‘General Business Law’ category in St Petersburg
  • Delovoy Peterburg: Lawyer of the season. Summer 2018 – 2018 – Disputes
  • Delovoy Peterburg: Lawyer of the season. Winter 2017-18″ – 2018 – Disputes


  • Member of the National Association of Bankruptcy and Problem Asset Management Specialists Bankruptcy club
  • Member of International Lawyers Network`s Insolvency Group
  • Since 2019 – key Russian expert in restructuring and bankruptcy The World Bank


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.