Ilya Dvorkin

Partner / Advocate

With over 20 years of expertise, Ilya is a recognised expert in the field of asset finance and acts for major market players, including aircraft lessors, airlines, financial institutions, export credit agencies, manufacturers and transport operators.

Ilya focuses on a wide range of aircraft-financing matters, including pre-delivery payment financings, ECA financings, aircraft sale and purchase transactions, portfolio sales and leasing, as well as related tax, customs and regulatory issues. Ilya was one of the first lawyers to successfully lead the repossession of aircraft from Russia on behalf of an international lessor. Ilya also advises on shipping deals and assists clients with other related banking and finance transactions.
Ilya supports clients in a variety of regions, including the Middle East and CIS (Commonwealth of Independent States). He also heads the Structured and Asset Finance practice in the CIS and advises on asset finance matters in Central Asia and Caucasus.
Ilya has been ranked as a leading practitioner in the aviation sector by leading directories.


Representative matters

Major aircraft lessors on various issues related to its aircraft leasing, novation and sale arrangements with different airlines in the Middle East and the CIS.

Major aircraft lessors and banks on their restructurings, aviation-related disputes and airline bankruptcy cases in the CIS.

Major leasing player on the restructuring and payment deferral under aircraft lease agreements with the leading airline group in respect of 67 aircraft.

A CIS airline on acquisition of 5 aircrafts from ATR.

Leadership Positions And Professional Affiliations

  • Moscow Advocates Bar
Ilya does an excellent job of summarising complicated legal subjects and presenting a clear path forward
Chambers Europe, 2021



Russia, 2003

Advocate, Russia, 2017


Degree, Law, Ulyanovsk State University, 2003


Russian, English
Allen Overy Shearman Sterling LLP (practicing in the Emirate of Dubai as “Allen & Overy RLLP” pending the registration completion of the new name with the relevant UAE local authorities) is a limited liability partnership registered in England and Wales with registered number OC306763.
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.