Independent Arbitrator · Russian Law Expert
Anastasiya Cheredova
Construction and EPC disputes, Corporate and Commercial disputes with a sanctions element. Russian and English.
- 15+ years
- HKIAC · SCC · ICC · LMAA · RAC · ICAC · IAC at BelCCI
- MCIArb
Biography
Anastasiya Cheredova is an independent arbitrator and Russian law expert with more than 15 years of experience in international arbitration and dispute resolution. She has extensive experience in cross-border arbitration proceedings conducted under the HKIAC, SCC, ICC, LMAA, Russian Arbitration Centre (RAC), International Arbitration Court at the Belarusian Chamber of Commerce and Industry (IAC at BelCCI) and the International Commercial Arbitration Court at the Russian Chamber of Commerce and Industry (ICAC), as well as in litigation before Russian courts and foreign courts, including in the United Kingdom, Italy, Austria and Georgia.
Her professional expertise covers construction, engineering and infrastructure disputes, commercial and corporate disputes, as well as matters involving international sanctions. A significant part of her practice relates to disputes arising out of EPC contracts and major infrastructure and industrial projects in the energy and industrial sectors.
Prior to establishing her independent practice, Anastasiya served as Head of Litigation at a major Russian metallurgical holding, where she oversaw the group’s most significant disputes, including more than 50 arbitration proceedings across leading arbitral institutions and litigation in multiple jurisdictions. In this role she also supervised a litigation team of 29 lawyers and coordinated dispute strategies for more than 20 distressed investment projects with a total value exceeding RUB 140 billion.
Earlier in her career, Anastasiya worked for leading Russian law firms (VEGAS LEX, Monastyrsky, Zyuba, Stepanov & Partners, Ivanyan & Partners and Egorov, Puginsky, Afanasiev & Partners), where she advised on complex international arbitration and cross-border disputes. She is also regularly engaged as an expert on Russian law in foreign court proceedings, including the preparation of expert opinions for German state courts and the High Court of Justice of England and Wales. Anastasiya is a Member of the Chartered Institute of Arbitrators (MCIArb) and has been recognised by international and Russian legal rankings including Best Lawyers, The Legal 500 EMEA, Kommersant and Pravo-300.
She is fluent in Russian and English.
Career
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09.2024 – 02.2026
Metalloinvest Management Company Head of Litigation
- Handled the group’s most significant disputes: 50+ arbitration proceedings (HKIAC, SCC, ICC, LMAA, ICAC, IAC at BelCCI) and litigation before Russian state courts and in foreign jurisdictions
- Legal support for 20+ distressed investment projects with a total value of RUB 140 billion
- Led a full restructuring of the central dispute resolution department; managed a litigation team of 29 lawyers across the group
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10.2023 – 09.2024
Monastyrsky, Zyuba, Stepanov & Partners Counsel
- Led large commercial arbitrations under the LCIA and HKIAC Rules for leading Russian companies
- Unblocked assets (US$30+ million) of Russian HNWIs held in Euroclear/Clearstream
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07.2020 – 10.2023
VEGAS LEX Head of Special Projects Practice
- Advised on complex investment and infrastructure projects
- Handled disputes involving foreign and sanctions elements, managed multi-jurisdictional legal issues
- Rebuilt and supervised the Antitrust & Regulatory practice
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01.2020 – 07.2020
Ivanyan & Partners Senior Associate
- Public international dispute: fact finding and position drafting
- Legal positions on complex precedent issues, full scope of procedural documents
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07.2016 – 01.2020
VEGAS LEX Junior to Senior Associate
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04.2015 – 05.2016
Egorov, Puginsky, Afanasiev & Partners Associate
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02.2011 – 04.2015
SIBGENCO Junior Associate to Associate
Areas of expertise
01Construction, Engineering & Infrastructure
Acted in numerous high-value disputes arising out of EPC and construction contracts in the energy, industrial and infrastructure sectors, including claims relating to defective equipment, delays, termination of EPC and other construction contracts, performance guarantees and recovery of damages. Has also been involved in the restructuring of concession agreements for the construction of major transport infrastructure and a healthcare facility.
View projects in this area →02Commercial Dispute Resolution
Extensive experience in the resolution of complex commercial disputes arising out of supply and services contracts, logistics and maritime arrangements, accompanied by a comprehensive understanding of international sanctions, their impact on the performance of contractual obligations, and their application both in state courts and in arbitration.
View projects in this area →03Corporate Disputes
Represented parties in corporate and shareholder disputes arising out of SPAs, corporate governance matters and post-M&A claims, including disputes concerning valuation, payment obligations, indemnities and breaches of representations and warranties.
View projects in this area →04International Sanctions
Advised major industrial groups, banks and HNWIs on complex sanctions-related matters involving U.S., EU and UK sanctions regimes, including asset unfreezing, regulatory interactions with authorities such as SECO, OFSI and the Belgian Treasury, and structuring of cross-border transactions.
View projects in this area →Experience
Accepts appointments as sole arbitrator, co-arbitrator and presiding arbitrator.
2 matters
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01 Dispute concerning the recovery of outstanding debt and contractual penalties under a supply agreement for technically complex equipment for a power plant
- Forum
- RAC at RIMA
- Governing law
- Russian law
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02 Dispute concerning the recovery of debt and interest under a legal services agreement on the grounds of its nullity
- Forum
- RAC at RIMA
- Governing law
- Russian law
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03 Expert opinion on the interpretation of a jurisdiction (prorogation) clause in a supply contract conferring exclusive jurisdiction on Russian courts
- Forum
- German state court
- Governing law
- Russian law
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04 Expert opinion on the risk of a bank incurring liability in Russia in connection with the disclosure of bank secrecy in the course of disclosure proceedings
- Forum
- High Court of Justice of England and Wales
- Governing law
- Russian law
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05 Tashkent industrial holding in a dispute against a contractor for recovery of damages and in a counterclaim for payment for works performed
- Forum
- IAC at BelCCI
- Governing law
- Uzbek law
- Outcome
- Following the initiation of the contractor’s bankruptcy proceedings, resolved through a settlement agreement concurrently concluded in the bankruptcy case; economic effect exceeded €5 million
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06 Russian energy major in a sanctions-related dispute arising from an EPC contract with a foreign contractor; multiple jurisdictions involved (U.S., EU and “neutral” countries)
- Forum
- Multi-jurisdictional
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07 Major industrial holding seeking recovery of unearned advance payments from an Italian supplier due to breach of equipment supply obligations
- Forum
- SCC
- Governing law
- Swedish law
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08 State-owned company in three separate construction-related disputes and the defendant’s counterclaim in connection with the construction of the Vostochny spaceport; the case involved the largest and most expensive construction expert examination ever appointed by Russian courts
- Forum
- Russian state courts
- Governing law
- Russian law
- Outcome
- Company’s claims upheld, counterclaim rejected
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09 Major industrial holding in the termination of two EPC contracts for construction of industrial plants involving a global holding (U.S., Austria, UK, Japan): reconciled mutual claims, structured contract termination, prepared the matters for arbitration
- Forum
- ICC (preparation)
- Governing law
- English law
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10 Major industrial holding in a pre-trial settlement of a dispute with an Indian supplier arising from delivery of defective equipment: negotiations, technical inspection, settlement agreement
- Forum
- Pre-trial settlement
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11 Ongoing legal support of 20+ distressed investment projects: dispute resolution strategies, negotiations with counterparties, formalisation of settlements or initiation of pre-trial and court proceedings
- Forum
- Advisory / litigation
- Governing law
- Russian law
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12 Russian oil company’s subsidiary in a construction-related court dispute against a claim filed by the contractor
- Forum
- Russian state courts
- Governing law
- Russian law
- Outcome
- Claim dismissed on legal grounds only, without a court-appointed expert examination
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13 Russian oil company’s subsidiary in the investigation of an incident during the construction of an oil platform
- Forum
- Investigation / pre-trial
- Governing law
- Russian law
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14 State-owned company in a dispute on recovery of damages under a construction and sale-purchase contract for space-related equipment
- Forum
- Russian state courts
- Governing law
- Russian law
- Outcome
- Settlement reached in the client’s favour
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15 Largest Russian construction company in the restructuring of a concession agreement for the construction of a highway bridge
- Forum
- Negotiations
- Governing law
- Russian law
- Outcome
- Mutual claims settled; new works schedule and additional investments agreed
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16 Russian financial funds in a pre-trial settlement of a construction dispute concerning the first Russian–Chinese railway bridge across the Amur River
- Forum
- Pre-trial settlement
- Governing law
- Russian law
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17 Major industrial holding in court proceedings seeking recovery of costs of defect remediation and lost profits resulting from supply of defective equipment that failed warranty testing
- Forum
- Russian state courts
- Governing law
- Russian law
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18 Major industrial holding in arbitration concerning recovery of damages for breach of a settlement agreement
- Forum
- HKIAC
- Governing law
- English law
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19 Major industrial holding in a debt recovery dispute against a Georgian company under a supply contract, followed by enforcement of the arbitral award in Georgia
- Forum
- ICAC at RCCI
- Governing law
- Russian law
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20 International logistics company in arbitration concerning recovery of damages from a shipowner due to failure to deliver a vessel within the agreed timeframe and engagement of a substitute vessel
- Forum
- LMAA
- Governing law
- English law
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21 International trading company against a shipowner’s claim for damages arising from a cargo explosion on board a vessel, and in related High Court proceedings concerning a Letter of Undertaking; both disputes involved sanctions-related elements
- Forum
- LMAA; High Court of Justice
- Governing law
- English law
- Outcome
- Settlement achieved following complex negotiations
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22 One of the largest regional aluminium companies against a claim for debt recovery and penalties under a supply contract
- Forum
- ICAC at RCCI
- Governing law
- Russian law
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23 Russian private bank in a dispute with a borrower; the case featured in The Lawyer Top 10 and Top 20 Cases
- Forum
- High Court of Justice, London
- Governing law
- English law
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24 International trading company in two disputes arising from the freezing of funds by a Georgian bank in compliance with U.S. sanctions: a damages claim against the bank and a constitutional challenge to instructions of the National Bank of Georgia
- Forum
- Georgian courts
- Governing law
- Georgian law
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25 Major industrial holding in a debt recovery dispute against a Kazakh company under a supply contract, followed by recognition and enforcement of the judgment in Kazakhstan
- Forum
- Russian state courts; enforcement in Kazakhstan
- Governing law
- Russian law
- Outcome
- Interim measures obtained
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26 Major industrial holding in court proceedings seeking recovery of insurance compensation for equipment damage caused by a power surge resulting from sabotage of a power transmission line
- Forum
- Russian state courts
- Governing law
- Russian law
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27 Major industrial holding in a dispute with a German metallurgical holding for repayment of outstanding debt for supplied products: negotiations, settlement agreement and a compliant payment route for repatriation of funds
- Forum
- Negotiations
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28 Major industrial holding in proceedings to lift interim measures imposed at the request of an equipment supplier, including an injunction prohibiting an Italian bank from paying under a bank guarantee; the dispute involved sanctions-related issues
- Forum
- Turin Court, Italy
- Governing law
- Italian law
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29 Energy company in a dispute against an insurance company with respect to loss of energy equipment in the EU during transportation
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30 Group of top managers in a dispute against Euroclear with regard to damages incurred as a result of EU sanctions
- Forum
- Russian commercial court
- Governing law
- Russian law
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31 Foreign central depository in disputes against an asset management company with regard to damages incurred as a result of Euroclear’s actions
- Forum
- Russian commercial court
- Governing law
- Russian law
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32 Managed currency and sanctions risk exposure for a major industrial holding: analysed obligations under 70+ foreign trade contracts, developed individual legal positions and handled pre-trial claims and litigation against counterparties
- Forum
- Advisory / litigation
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33 Russian pharmaceutical company as buyer in arbitration arising out of a share purchase agreement relating to a Cypriot holding company, involving representations and warranties, mandatory tender offer requirements under Russian law and the doctrine of illegality
- Forum
- HKIAC
- Governing law
- English law
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34 Russian investment group in arbitration and related proceedings before Russian state courts against the seller of a healthcare business concerning indemnity obligations and breaches of representations and warranties
- Forum
- ICC; Russian state courts
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35 Russian businessman in a dispute seeking recovery of damages caused by the CEO of an industrial company through the sale of key assets and cessation of the company’s operations
- Forum
- Russian state courts
- Governing law
- Russian law
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36 Major Russian industrial holding in protection against “de-privatisation” risks: archival research, reconstruction of historical share ownership structures and preparation of comprehensive defence files
- Forum
- Advisory
- Governing law
- Russian law
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37 TOP-10 Russian bank on restructuring settlement agreements and transactions with a Russian HNWI with respect to assets located in Russia and abroad in light of U.S., UK and EU sanctions
- Forum
- Advisory
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38 Major industrial holding in asset unfreezing proceedings in Switzerland and Austria, including interactions with competent authorities and financial institutions
- Forum
- Swiss and Austrian authorities
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39 Major industrial holding in proceedings concerning assessment of sanctions status and review of the corporate and ownership structure
- Forum
- SECO (Switzerland)
- Governing law
- Swiss sanctions law
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40 Russian HNWIs in a number of cases with respect to the unblocking of assets held in Euroclear/Clearstream
- Forum
- Belgian Treasury; Ministry of Finance of Luxembourg
- Governing law
- EU sanctions law
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41 Russian pharmaceutical company in the OFSI licensing process for the release of funds frozen due to UK sanctions
- Forum
- OFSI (UK)
- Governing law
- UK sanctions law
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42 Russian heat generation company in negotiations with an EU contractor under an agreement on technical assistance and maintenance of gas turbine units
- Forum
- Negotiations
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43 Russian heat generation company: sanctions compliance audit and adoption of a Sanctions Compliance Book
- Forum
- Advisory
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44 Russian construction materials manufacturer in business restructuring across three geographical zones (16 countries in total)
- Forum
- Advisory
Qualifications and recognition
Arbitrator lists and membership
- Member of the Chartered Institute of Arbitrators (MCIArb)
- International Arbitration Court «IAC» (Almaty, Kazakhstan) — List of Arbitrators, 2026
- Vienna International Arbitration Centre — Arbitrator Directory
- Baku Arbitration Centre — List of Arbitrators
- Thailand Arbitration Centre — List of Arbitrators
- Russian Arbitration Centre at the Russian Institute of Modern Arbitration
Rankings
- Best Lawyers 2022
- The Legal 500 EMEA 2020–2021
- Pravo-300 — Sanctions; PPP & Infrastructure; Antitrust & Ecology
- Kommersant
Education
- 2026
- Academy for Arbitrators, Russian Institute of Modern Arbitration
- 2021–2022
- RANEPA & University of London — double diploma programme, Master’s degree
- 2021–2022
- SKOLKOVO School of Management — Leadership Development Programme
- 2017–2018
- Pericles Center for International Legal Education — Legal Writing, Language of Contracts
- 2009–2015
- National Research Tomsk State University — Specialist degree, Dean’s Honors List
Contacts
An e-mail to this address does not create an arbitrator–party relationship and does not constitute disclosure of the circumstances of a case. Please do not send confidential information or case materials before an appointment is made.