Sayenko Kharenko has successfully represented Auchan before the Supreme Court of Ukraine in a case against the Asset Recovery and Management Agency of Ukraine.

Sayenko Kharenko has successfully represented Olfa before the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry.

Contributed by Avellum.

CMS has advised a syndicate of banks led by ING Bank on the extension of a pre-export facility for Ukraine’s Kernel Group as well as an increase in the credit facility to USD 420 million, with an in-built possibility for a further increase to up to USD 450 million.

Baker McKenzie has advised the shareholders of Depositphotos on the USD 85 million sale of the company to VistaPrint.

KPD Consulting has successfully represented Greentech in a dispute over the unlawful termination of its electricity supply by operator Zhytomyroblenergo.

The rights and obligations of virtual asset market participants, as well as the principles of state policy for virtual assets circulation recently came close to being set out in Ukrainian law. On September 8, 2021, the Ukrainian parliament, the Verkhovna Rada (the “Rada”) adopted the Law “On Virtual Assets” (the “Law”). The Law is designed to regulate legal relations arising in connection with the circulation of virtual assets in Ukraine.

Avellum has advised MHP on its investment in Ukrainian food technology start-up Foodz.

Asters has successfully defended PrivatBank before the Solomianskiy District Court against a claim of unlawful personal data usage by Igor Kolomoiskyi, seeking the invalidation of agreements between PrivatBank and the National Bank of Ukraine.

Over the past years, Ukraine expressed its intention to step on the energy transition pathway, develop energy efficiency measures, phase out fossil fuels, and switch to renewable energy sources (RES). The development of green hydrogen production (based on electrolysis of water using renewable electricity) is part of the chosen direction. Therefore, the Ministry of Energy of Ukraine and more than 20 Ukrainian companies have joined the European Clean Hydrogen Alliance to coordinate efforts to develop hydrogen energy.

Integrites Partner and Head of International Arbitration Olena Perepelynska has been appointed as a Member of the Baltic Litigation Fund Advisory Committee.

Equity has successfully represented former Ukrainian Minister of Infrastructure Volodymyr Omelyan before the High Anti-Corruption Court of Ukraine.

Esquires has successfully represented Solum before the Darnytskyi District Court of Kyiv in lifting the arrest imposed upon a 3,500-square-meter property purchased at public auction.

Avellum has advised Kazakhstan’s financial technology firm Kaspi.kz subsidiary Kaspi Pay on its acquisition of Ukrainian online payment platform Portmone from Ukraine-based 4i Capital Partners. Kinstellar advised the seller.

CMS has advised DAI Global and the National Securities and Stock Markets Commission of Ukraine on the rules for clearing transactions with securities and licensing terms for clearing institutions.

Kinstellar, working with DLA Piper's London office, has advised VF Ukraine on a consent solicitation related to the outstanding USD 500 million 6.20% loan participation notes due 2025 issued by VFU Funding plc. Slaughter and May advised VFU Funding plc, while Linklaters and Avellum advised J.P. Morgan as the solicitation agent.

Sayenko Kharenko, working with Linklaters’ Paris office, has advised the Bel Group on the completion of the disposal of its entire shareholding in PrJSC Bel Shostka Ukraine to Lactalis. Freshfields Bruckhaus Deringer’s Paris office advised Lactalis on the deal.

Integrites has represented SE Starokostiantynivskyy milk plant in a dispute against the Antimonopoly Committee of Ukraine.