On 24 November 2021, Ukraine launched a new law enforcement authority – the Bureau of Economic Security of Ukraine (“BES”). BES will focus on analytical activities aimed at early detection of risks in the economy, as well as pre-trial investigation of certain criminal offences.
Ukraine Adopts Mediation Law
On 15 December 2021 the Law of Ukraine “On Mediation” No. 1875-IX (“Law”) entered into force. The Law introduced mediation as a voluntary alternative dispute resolution method for the first time at the legislative level.
What’s Next on Ukrainian Capital Markets?
The capital markets in Ukraine have been a sleeping topic until recently. On June 19, 2020, the Ukrainian Parliament has restated the Law of Ukraine on Capital Markets and Organized Commodity Markets (Law). The restated Law became effective in July 2021, introducing a whole new framework for the issue of securities in Ukraine. It implements the most important EU capital markets regulations, including MiFID II, MiFIR, and CRD IV.
Sayenko Kharenko Advises Elementum Energy on Acquisition of Stake in Lymanska Wind Project
Sayenko Kharenko has advised Elementum Energy Limited on its acquisition of a majority stake in Lymanska Vitroelektrostantsiia from Ukraine Power Resources.
Oleksandr Markov Makes Partner at Redcliffe Partners
Oleksandr Markov, Head of Tax and Tax Litigation practice at Redcliffe Partners, has been promoted to Partner at the firm.
The Buzz in Ukraine: Interview with Illya Tkachuk of Integrites
Comprehensive legislative overhaul, thriving business sectors, and new opportunities for foreign investors – these are the hot topics in Ukraine right now, according to Integrites Partner Illya Tkachuk.
Mykyta Nota Makes Partner at Avellum
Head of Avellum's Competition practice Mykyta Nota has been promoted to Partner, as of January 1, 2022.
Arzinger Advises on Refinancing of King Cross Leopolis Mall in Lviv
Arzinger has advised Siriusproject Lviv on the refinancing of the shopping and entertainment mall King Cross Leopolis in Lviv.
Sayenko Kharenko Successful for Sistema Prosecco Before Supreme Court
Sayenko Kharenko, working with the Italian office of Bird & Bird, has successfully represented Sistema Prosecco before the Supreme Court of Ukraine in an unfair competition case over a Ukrainian wine producer using the Prosecco brand for its wines.
Dentons and BASEAK Secure Competition Clearances for Volkswagen’s Electromobility Joint Venture with Enel X
Dentons and BASEAK have assisted Volkswagen in obtaining antitrust and merger control clearances for a joint venture with Italian energy supplier Enel X.
Hillmont Partners Welcomes Valentyn Zasukha as Partner
Valentyn Zasukha has joined Hillmont Partners as Partner and Head of Corporate and M&A Practice.
Asters Advises Vitol on Sale of 50% of Shares in Geo-Alliance Oil-Gas Public Limited
Asters, working with Slaughter and May, has advised Arawak Energy Ukraine B.V., a member of the Vitol group of companies, on the sale of 50% of shares in Geo-Alliance Oil-Gas Public Limited to gas producer Geo Alliance Group Limited.
Yan Voinikanis-Myrskyi Joins Eterna Law as Partner
Yan Voinikanis-Myrskyi has joined Eterna Law as Partner and will head criminal law and public procurement practices.
CMS Advises Air Products on Joint Venture With ArcelorMittal
CMS has advised Air Products on the establishment of a joint venture with ArcelorMittal for the construction of a new air separation unit at the ArcelorMittal Kryvyi Rih steel plant in Ukraine. CMS has also advised the JV on securing a long-term loan of up to USD 81 million from the EBRD for the unit's design, construction, and operation.
Vasil Kisil & Partners Advises OCEA on Contracting Nibulon for Five Fast Patrol Boats for Ukraine
Vasil Kisil & Partners has advised OCEA on contracting the Nibulon Shipbuilding and Repair Yard for the construction of five OCEA FPB 98 MKI fast patrol boats.
Sayenko Kharenko Successful for Ultra Play and Kronospan in Anti-Dumping Investigation
Sayenko Kharenko has successfully represented Ultra Play and Kronospan UA in an anti-dumping investigation related to imports of Belarusian plywood into Ukraine.
Sayenko Kharenko Advises Avenga on Acquisition of Perfectial Group
Sayenko Kharenko, working with an international Allen & Overy team, has advised Avenga on the acquisition of the Perfectial Group.
Sayenko Kharenko Advises EBRD on EUR 10 Million Loan to Bank Lviv to Support Ukraine's MSMEs
Sayenko Kharenko has advised the EBRD on a EUR 10 million synthetic loan in local currency to Bank Lviv.