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Eterna Law

SOPHIA BUSINESS CENTER, 6 RYLSKIY LANE, 01601 KYIV, UKRAINE
Tel:
Work +380 44 490 7001
Email:
Web:
www.eterna.law
Almaty, Kiev, Moscow

The firm

Eterna Law is a European full-cycle law firm with a strong CIS practice.

Since its foundation in 2002, the firm has grown rapidly and currently employs over 100 professionals and has five active offices (Kiev, Moscow, Almaty, Riga and Dusseldorf). The firm is consistently named among the leaders of the market for quality, responsiveness and reliability of service as well as for the depth of its expertise.

The firm is dynamic, client-oriented and solution-focused firm with a team of energetic, foreign-educated young professionals that provide concise and practical legal advice in a cost-effective manner, while not compromising on quality.

Eterna Law has an extensive history and experience in the CIS region. The firm understands these diverse markets that demand international experience in combination with knowledge of the local business realities and legal environment.

Being a full-service law firm, its counsel may cover any aspect of doing business. The principal areas of focus are dispute resolution, corporate, M&A, tax, international finance, compliance, regulatory enforcement, public-private partnership, intellectual property, capital markets, human rights, insolvency, construction, real estate acquisitions, oil and gas, transport and infrastructure.

Areas of practice

Dispute resolution: strategy elaboration; preparing claims, defences, counter-claims and all other types of judicial documents; representing interests of clients in the course of procedural hearings; finding witnesses and working with them; selection of experts; and assisting in procedures of setting aside and negotiation and enforcement of foreign arbitral awards.

Mergers and acquisitions, corporate: negotiations support; structuring advice and tax analysis; due diligence and vendor due diligence (full scope, ‘red flag’); pre-acquisition restructuring, tax planning and risk mitigation; advising on regulatory and licensing matters; obtaining necessary regulatory approvals; drafting transactional documents (sale and purchase agreements, shareholders’ agreements, escrow agreements) under US law or English law (with co- counsels); post-acquisition and integration support; and shareholders’ and other post-M&A dispute resolution.

Tax, restructuring and insolvency practice: advises on all aspects of business taxation including tax structuring of transactions, international tax planning, developments and investment, value- added tax, customs duties and tax finance. The taxation practice offers ongoing advice on VAT, corporate, profit tax, personal income tax and other tax issues.

Energy and resources: is one of the major focus areas for our company. Eterna law has been actively involved in the development of the new energy markets in the CIS countries which rapidly emerged from privatization of state energy monopolies and the introduction of new regulatory regimes in Ukrainian oil, gas, electric power, mining, and water supply sectors. Most we are involved in advice on corporate, tax matters and disputes. .

Banking and finance: advising on trade/project finance and loan transactions; legal assistance on debt restructuring transactions, assignment of receivables and payables; drafting syndicated loan agreements and structuring financial transactions; advising on international bond issues and advice on regulatory matters.

Real estate and infrastructure: the department has been involved in complex commercial and industrial real estate projects and transactions on the local, regional and national levels. Eterna law is an active team player in infrastructure projects. The firm advises a range of national and international investors in investments related to the port infrastructure in Ukraine and the realising of relevant projects.

LanguagesEnglish
French
German
Italian
Latvian
Polish
Russian
Spanish
Ukrainian

Other officesAlmaty
Dusseldorf
Moscow
Riga

Number of lawyers over 80

at this office about 50

Above material supplied by Eterna Law.

Legal Developments by:
Eterna Law

Legal Developments in Ukraine

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Employing Foreign Specialists in Ukraine – Rules of the Game Have Been Simplified?

    Following the strategy of the Government to improve the doing business climate in Ukraine, Parliament adopted the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Concerning Elimination of Barriers for Foreign Investments Attraction” dated May 23, 2017 (hereinafter – “the Law”), which came into force on September 27, 2017.  The Law with such an expressive name should have definitely removed the barriers for employment of foreigners, but what have we actually received? Putting the cart before the horse, the Law really significantly changed the procedure of obtaining work permits (hereinafter – “the Permit”) facilitating it essentially from the one hand, but introducing some questionable conditions from the other.
    - GOLAW
  • New Law on LLCs in Ukraine

    The Law of Ukraine On the Limited Liability Companies and Additional Liability Companies passed on 6 February 2018 shall come into force on 17 June 2018. The Law is a positive sign for doing business in Ukraine as it introduces significant changes and innovations in the legal regulation of the establishment and activities of limited liability companies, which are the most numerous and the most popular form of entrepreneurial activity in Ukraine (second only to individual entrepreneurs).
  • The Code of bankruptcy procedure in Ukraine: positives and negatives of the new document

    The Verkhovna Rada registered a draft law on the Code of Bankruptcy Procedure (No. 8060). Among other things, it is noted that such a document will increase the efficiency of bankruptcy procedures, the level of protection of the rights of creditors, improve the procedures for selling debtor property at the auction, increase the level of execution of contracts and court decisions. However, does the text of the document correspond to the stated purpose? 
    - GOLAW
  • CHANGES TO PPA: TO MAKE FINANCIAERS HAPPY

    Over the last few months before January 2018, when the latest changes to the power purchase agreements (PPAs) between State Enterprise “Energorynok” and producers of energy from alternative sources were adopted, more than ten agreements were signed with upgraded conditions set earlier in 2017. In the mentioned agreements, the changes to the PPAs were applied and helped bring Ukraine’s PPAs closer to international standards. Nevertheless, the revised PPAs still have a lot of issues that need to be clarified and further elaborated to make them perfectly bankable, and to make them properly executable.
    - GOLAW
  • Antitrust Compliance Program in Ukraine: Current Status and Development Prospect

    Mykola Stetsenko, Managing Partner, AVELLUM
  • Recent Legal Developments in Renewable Energy Sector

    Glib Bondar, Partner, AVELLUM
  • A Remarkable Year of Restructuring. What Next?

    What happened in 2015 in the world of Ukrainian corporate finance was a reflection of larger scale events in and around Ukraine. In this article, we will share our view of the key events in 2015 in the area of cor-porate finance, highlight the most important legislative and regulatory developments in finance and, based on our experience, make a few suggestions for creditors and debtors on how to navigate through 2016.
  • Enforcement in Ukraine of Interim Orders Issued by Foreign Courts and Arbitral Tribunals

    In the past few years Ukrainian clients have developed an appetite for solving their disputes abroad. Litigation and arbitration sagas involving Ukrainian parties or related to Ukrainian assets often spread across many jurisdictions. In many such sagas various interim reliefs were granted by courts and tribunals.
  • Applicable law in contractual disputes: recent arbitration practice

    AstapovLawyers Partner Eugene Blinov & the firm's Associate Roman Protsyshyn share their recent arbitration practice regarding applicable law in contractual disputes.
  • Disputes arising from finance arrangements: post-crisis phenomenon in Ukraine – read more!

    The 2008 financial crisis peak had hardly faded away, when another breaking news was brought to the surface in CIS countries: a significant part of the funds advanced during the pre-crisis period by banks and other financial institutions to support various businesses and commercial initiatives, flew beyond national frontiers to be found in Panama, BVI, Seychelles, Jersey, Cyprus and other offshore and onshore jurisdictions in the pockets of numerous private persons, mostly CIS nationals. No surprise this fact led to a tsunami of disputes, one way or the other related to repayment of loans and funds advanced under other types of finance arrangements. Many of those disputes are still pending, thus, keeping finance arrangements among the top-litigated issues within CIS borders.