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Eterna Law

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Almaty, Kiev, Moscow

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AstapovLawyers begins a series of workshops

July 2012

AstapovLawyers International Law Group held a seminar on “Peculiarities of disputes in Cyprus in post-M&A and shareholder disputes".

AstapovLawyers International Law Group held a seminar on “Peculiarities of disputes in Cyprus in post-M&A and shareholder disputes ". The event was held on July 19 in Kiev office of law firm.

The special guest of the event was Sotteris Pittas, managing director of Soteris Pittas & Co LLC. Mr Pittas is a high caliber litigator with over 25 years of experience in representing the interests of large-scale business oligarchs in the CIS and international corporations (such as “Ingosstrakh”, “Aerosvit”, “Microsoft”, “BTA bank”, etc.)

AstapovLawyers and Soteris Pittas & Co LLC have a long-standing history of representing clients in the corporate battles, including a major ongoing dispute between shareholders of well-known Ukrainian beverages producer.

In his speech, Sotteris Pittas,  as a key note speaker, focused on the basic mechanisms available in Cyprus – the disclosure of the beneficiary, chasing and arrest of assets and shares, derivative disputes, bans on corporate decision-making, changes in management, disposal of assets, as well as appointing a temporary receiver of the company on behalf of the minority shareholder. Practically all of the above mechanisms of interim measures are highly effective in corporate disputes and can be used in support of proceedings in any EU country, or international commercial arbitration. The result of these measures is safeguarding the assets of the defendant prior to the decision on a matter of fact.

The discussion of the main theme of the seminar was also attended by leading experts of AstapovLawyers.

Oleg Beketov, Partner at AstapovLawyers, reviewed the role and operation of Ukrainian legal counsel to the international judicial processes, which take place in Cyprus and other countries of English law. In particular, the issues of witness preparation were disclosed, preparation of technical experts and experts of the Ukrainian law. During his speech, he indicated the nuances of gathering evidence in Ukraine, which are necessary for the effective dispute resolution abroad.

In addition, Evgeny Blinov, Counsel at AstapovLawyers, spoke about the practical aspects of the work, bringing the example of cooperation between AstapovLawyers and Soteris Pittas & Co LLC in the context of a case-study of some disputes currently under review in several jurisdictions.

The discussion was moderated by Oleg Malsky, Partner at AstapovLawyers.

The event was attended by representatives of both state enterprises and leading private companies such as: "East one", "Dragon Capital", "A1", "Energoatom", "Continium”, "Energorynok”, “Delta Bank” and others.


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