On 11 April 2023, the President of Ukraine signed Law of Ukraine “On Collective Bargaining Agreements and Contracts” No. 2937-IX, dated 23 February 2023 (“Law”).
Ukraine to Resume Work on Granting Concession of the Chornomorsk Seaport
The Ministry of Infrastructure of Ukraine is to resume work leading up to the grant of concession of three terminals of the Chornomorsk seaport, one of the largest seaports in Ukraine. In particular, the concession is to cover the first (cargo) terminal, the container terminal, and the fifth (railway and ferry) terminal.
International Register of Damage Caused by the Agression of the Russian Federation Against Ukraine: An Agreement Has Been Signed
On 17 May 2023, at the Council of Europe Summit, the European Union and 43 other countries signed the agreement on the Register of Damage Caused by the Aggression of the Russian Federation Against Ukraine ("Register").
Avellum Advises Aristocrat on USD 1.2 Billion Acquisition of NeoGames
Avellum, working with Freshfields Bruckhaus Deringer, has advised Aristocrat on its USD 1.2 billion acquisition of NeoGames. Latham & Watkins advised NeoGames.
Ukraine Is Moving Past the War: A Buzz Interview with Illya Tkachuk of Integrites
Reconstruction efforts, the relocation and diversification of businesses, currency control restrictions buoying the local M&A market, and the restart of privatizations and concessions are among the key developments in Ukraine’s business landscape, according to Integrites Senior Partner Illya Tkachuk.
Kateryna Tsvetkova and Oleksandr Melnyk Make Partner, Viktoriia Bublichenko Appointed Head of Tax at GoLaw
Former Counsels Kateryna Tsvetkova and Oleksandr Melnyk have been promoted to Partner, while former Associate Viktoriia Bublichenko became a Counsel and Head of the Tax, Restructuring, Claims, and Recoveries practice at GoLaw in Kyiv.
Norton Rose, Ionescu Sava, and Integrites Advise on EBRD EUR 42 Million Financing for Cersanit
Norton Rose Fulbright, Ionescu Sava, and Integrites have advised the EBRD on its EUR 42 million senior secured loan for Cersanit to improve its production facilities in Poland and Ukraine.
Sayenko Kharenko Advises EBRD on EUR 10.6 Million Loan for Khmelnytskyi Trolleybuses
Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 10.6 million loan to Khmelnytskyi Communal Enterprise Electrotrans under the EBRD’s Green Cities program.
Kinstellar Advises Rheinmetall on Defence Cooperation with State-Owned Ukroboronprom
Kinstellar has advised Rheinmetall on executing a cooperation agreement with Ukrainian state-owned defense industry concern Ukroboronprom.
Capital Markets in Ukraine
Contributed by Integrites.
EU Council Removes Barriers to Mutual Recognition of Court Decisions in Ukraine and the EU
On April 24, 2023, the EU Council consented to applying the Hague Convention on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (the “Convention”) in relations with Ukraine.
Vasil Kisil & Partners and Stratulat Albulescu Advise Avrora Group on Entering Romanian Market
Vasil Kisil & Partners and Stratulat Albulescu have advised the Avrora Group on entering the Romanian market.
Avellum and Sayenko Kharenko Advise on Canada's CAD 2.4 Billion Loan to Ukraine
Avellum has advised the Ministry of Finance of Ukraine on a CAD 2.4 billion concessional loan from Canada. Sayenko Kharenko advised the Government of Canada on Ukrainian law-related matters.
Did You Know: Ukrainian Deal Leaderboard in 2023
Did You Know that, even as the war in Ukraine rages on, five Ukrainian lawyers have worked on multiple reported client matters in that country so far in 2023?
Asters Advises BSTDB on EUR 25 Million Loan to Concern Galnaftogaz
Asters has advised the Black Sea Trade and Development Bank on its EUR 25 million short-term revolving trade finance facility to Ukraine's Concern Galnaftogaz.
Avellum Advises American University Kyiv on Establishing Campus in Kyiv River Port Building
Avellum has advised the American University Kyiv on establishing its campus in the Kyiv River Port building, in Poshtova Square in Kyiv.
Kinstellar Appoints Seven New Partners in Bratislava, Budapest, Istanbul, and Kyiv
Seven Kinstellar lawyers have been promoted to Partner: Bratislava-based Tomas Melisek, Budapest-based Levente Hegedus, Istanbul-based Bulut Girgin, and Kyiv-based Anastasiya Bolkhovitinova, Natalia Kirichenko, Oleg Matiusha, and Illya Muchnyk.
Ilyashev & Partners Successful for Creditors of Fortuna-Bank Beneficiary Before Kyiv Economic Court
Ilyashev & Partners has successfully represented the creditors of bankrupt Fortuna-Bank's beneficiary, Serhii Tyshchenko, in bankruptcy proceedings before the Economic Court of Kyiv.