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10 MUZEYNY PROVULOK, 7TH FLOOR, 01001 KYIV, UKRAINE
Tel:
Work +380 44 499 6000
Email:
Web:
www.sk.ua
Sayenko Kharenko, Olexander Droug, Kiev, UKRAINE

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Olexander Droug

Tel:
Work +38 044 499 6000
Email:
Sayenko Kharenko

Work Department

International Arbitration, Litigation, Bankruptcy and Debt Restructuring.

Position

Olexander, partner at Sayenko Kharenko, specialises in dispute resolution and restructuring with a special focus on arbitration and commercial litigation. He advises local and foreign clients at all stages of dispute resolution proceedings, including complex multi-jurisdictional proceedings involving Ukraine, the UK, Cyprus, the BVI, Switzerland, The Netherlands and other fora, as well as commercial and investment arbitration under the arbitration rules of all major international arbitration institutions (LCIA, ICC, SCC), CIS-based arbitration institutions, ICSID Arbitration Rules and UNCITRAL Arbitration Rules. Mr Droug also advises clients on obtaining and implementing interim relief, including in support of arbitration proceedings and litigation, as well as on recognition and enforcement in Ukraine of arbitration awards and foreign court judgments.

Mr Droug has represented clients in proceedings relating to banking, financial services, securities, M&A, shareholders, trade, telecommunication, construction, energy, aviation, and product liability, as well as sports-related disputes. He also has significant experience representing both lenders and borrowers in financial restructuring and related disputes.

In March 2017, Olexander was added to the list of arbitrators elected to settle disputes arising in financial restructuring procedures.

Mr Droug regularly contributes to key legislation in the areas of arbitration, litigation and restructuring. For example, Mr Droug has recently been involved in drafting/amending the following draft legislation and/or regulations:

  • participating in the working group of the Ukrainian Arbitration Association on development of a draft law on improvement of judicial support for international arbitration by the Ukrainian courts;
  • advising the World Bank on the development of a draft law on financial restructuring (establishing a legislative framework for informal workouts and pre-packaged restructurings);
  • advising the EBRD on the development of a draft law on derivatives (addressing close-out netting).

Member

  • Turnaround Management Association
  • Board Member of Ukrainian Arbitration Association
  • Ukrainian Bar Association
  • American Chamber of Commerce in Ukraine
  • European Business Association
  • International Bar Association

Education

  • LL.M. from the Institute of International Relations at the Taras Shevchenko National


Ukraine

Dispute resolution

Within: Dispute resolution

Sayenko Kharenko has a strong practice with 'very patient and considerate lawyers who have vast knowledge of bankruptcy proceedings'. Sergey Pogrebnoy, Sergiy Smirnov and Olexander Droug are the key partners. The firm acted for Ostchem Holding in the enforcement of an arbitral award. Tatyana Slipachuk left to take up a government position.

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Legal Developments by:
Sayenko Kharenko

  • Sayenko Kharenko acts as legal counsel to DTEK Renewables for construction of Primorskaya WEP with a

    Sayenko Kharenko has acted as legal counsel to DTEK Renewables, which manages DTEK projects in renewable energy, on construction of Primorskaya Wind Electric Plant LLC (Primorskaya WEP) with a capacity of 200 MW. DTEK Renewables is currently one of the largest producers of renewable electric energy in Ukraine and accounts for about 10% of “green” capacities market.
    - Sayenko Kharenko

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