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KPD Consulting Successful for System Fort on State Register Issue

KPD Consulting Successful for System Fort on State Register Issue

Ukraine
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KPD Consulting has helped System Fort LLC reclaim the right to unidentified property and eliminate discrepancies between current and archived records of the State Register of Proprietary Rights to Real Property.

According to KPD Consulting, "recent changes of the State Register caused notaries not to be able to access its archived components, which led to several persons being registered as owners of the same property. These legal gaps caused the seizure of LLC System Fort’s property."

KPD Consulting persuaded the court that the seizure was illegal. In addition the firm reports "as a result of cooperation with the Ministry of Justice of Ukraine, System Fort was able to cancel the archive record in the State Register of Proprietary Rights to Real Property and to make relevant records regarding real estate objects in name of System Fort LLC was ensured. This will allow the client to avoid further unlawful seizure and any transactions with its property."

KPD Consulting did not reply to our inquiry on the matter.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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