The Legal 500

Lavrynovych & Partners

41 SAKSAGANSKOGO STR., 01033 KIEV, UKRAINE
Tel:
Work +380 44 494 27 27
Fax:
Fax +380 44 492 99 97
Web:
www.lp.ua
Email:
Skokie, Odessa, Kiev

Lavrynovych & Partners Is Among Leaders According to Ukrainian Law Firms 2012 Research

May 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has been ranked top in the annual research of Ukrainian Law Firms 2012: a Handbook for Foreign Clients published on April 6.

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Lavrynovych & Partners Defends the Interests of Dalniy Kordon Hunting Enterprise

May 2012. Press Releases by Lavrynovych & Partners (view listing).

On April 10, 2012, lawyers of Lavrynovych & Partners Law Firm successfully represented the interests of Dalniy Kordon LLC at the Kyiv Administrative Court of Appeal in a case for the reversal of decision No. 5-14/VI of Cherkasy Oblast Council dated April 29, 2011, reversing the previous decision on granting 10,551 hectares of hunting lands for use.

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Lavrynovych & Partners Is Ranked in The Legal 500 for the First Time

April 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has been recognized one of the top legal advisors in dispute resolution according to research conducted by international legal guide The Legal 500: Europe, Middle East & Africa 2012, published on April 4. This is the first professional recognition of Lavrynovych & Partners by The Legal 500, one of the oldest and most reputable legal guide around the world.

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Stanislav Skrypnyck and Iryna Marushko Attend Presentation of the National Project «LNG-Terminal»

April 2012. Press Releases by Lavrynovych & Partners (view listing).

Partners of Lavrynovych & Partners Law Firm Stanislav Skrypnyck and Iryna Marushko attended a presentation of a feasibility study for the National Project «LNG-Terminal» conducted in Kyiv on March 30 by the State Agency for Investment and National Projects.

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Lavrynovych & Partners Advises Raiffeisen Bank Aval

April 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm advises to a new Client: Raiffeisen Bank Aval JSC. The companies signed a cooperation agreement on April 4, 2012. Legal support of the Client will be provided by a team of lawyers under the guidance of Stanislav Skrypnyck, Partner of Lavrynovych & Partners.

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Iryna Marushko Participates in the Kyiv Investment Forum

April 2012. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, took part in the First Kyiv Investment Forum held in Kyiv on March 29. The Forum was organized by the Foundation for Effective Governance in partnership with Kyiv City State Administration and the Financial Times, the world’s leading business newspaper.

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Lavrynovych & Partners Secures Cancellation of Tax Notices in the Amount of UAH 26 million

April 2012. Press Releases by Lavrynovych & Partners (view listing).

Experts of Lavrynovych & Partners Law Firm in March of 2012 successfully represented the interests of ArcelorMittal Kryvyi Rih PJSC in the Administrative Court of Appeal in two cases seeking to cancel tax notices in the amount of nearly UAH 26 million.

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Lavrynovych & Partners Wins in Five Categories of DealMakers Country Awards 2012

March 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has been named Ukraine’s best law firm of the year in Banking and Finance, Project Financing, M&A, Tax, Litigation and Arbitration according to The DealMakers Country Awards 2012.

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Iryna Marushko Has Been Re-elected to the IFA Ukraine Board

March 2012. Press Releases by Lavrynovych & Partners (view listing).

IFA Ukraine, the International Fiscal Association, announced on March 27 the new members of its Board for 2012-2014. Following the results of the voting that took place during March of this year, Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, has been re-elected as a Board member of the Association for the third time running.

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Maksym Lavrynovych Delivers a Speech at the First All-Ukrainian Civil Forum

March 2012. Press Releases by Lavrynovych & Partners (view listing).

Maksym Lavrynovych, Managing Partner of Lavrynovych & Partners Law Firm, delivered a speech entitled «Work performed by an advocate in preparing acceptance of complaints to the Supreme Court of Ukraine. Common Mistakes» at the First All-Ukrainian Civil Forum of the Ukrainian Advocates’ Association held in Kyiv on March 23.

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Maksym Lavrynovych Attends FORUM of Yuridicheskaya Praktika

March 2012. Press Releases by Lavrynovych & Partners (view listing).

Maksym Lavrynovych, Managing Partner of Lavrynovych & Partners Law Firm, attended the FORUM of Yuridicheskaya Praktika, a gala reception held in Kyiv on March 15 to honor Ukrainian lawyers.

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Roman Blazhko Delivers a Speech at Round Table Discussion “Administration of VAT as a Factor in...

March 2012. Press Releases by Lavrynovych & Partners (view listing).

the Development of Export Industries”

Roman Blazhko, Senior Associate of Lavrynovych & Partners Law Firm, delivered a speech at the round table discussion called "Administration of VAT as a Factor in the Development of Export Industries" held in Kyiv on March 5 under the support of the International Center for Policy Studies (ICPS).

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Igor Siusel Participates in Conference on International Dispute Resolution Involving Russian and CIS

March 2012. Press Releases by Lavrynovych & Partners (view listing).

Igor Siusel, Associated Partner of Lavrynovych & Partners Law Firm, took part in the International Conference entitled “International Dispute Resolution Involving Russian and CIS Countries”, which was held in London on February 23-24.

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Lavrynovych & Partners Is Awarded the ILO Client Choice Awards in London

March 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has been named Ukraine’s Best Law Firm of 2012 according to the ILO Client Choice Awards, a prestigious international ranking of law firms. The official awards ceremony took place at a gala evening at One Great George Street Hotel, London, on February 22, 2012. Iryna Marushko, Partner of the Firm, won a personal award in the GeneralCorporate category as Ukraine’s Best Lawyer of the Year in corporate law.

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Lavrynovych & Partners Law Firm Is Named Top Banking Law Firm by The DealMakers Law Awards...

February 2012. Press Releases by Lavrynovych & Partners (view listing).

for the Second Year Running

Lavrynovych & Partners has been recognized as Ukraine’s Best Law Firm of 2012 in the Banking Law category according to The DealMakers Law Awards, a prestigious international award. The Firm has been a leader in this category for the second consecutive year: as was mentioned before, the services of Lavrynovych & Partners in banking law had already been recognized by The DealMakers Law Awards 2011. 

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Lavrynovych & Partners Is Listed in International WHO'S WHO of Professionals

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm is now included in the International WHO’S WHO of Professionals directory: Maksym Lavrynovych, its Managing Partner, who was nominated for the directory in July of last year, became its full member due to the recommendations of the International WHO’S WHO Historical Society members.

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Iryna Marushko Participates in Banking Congress

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, took part in the Banking Congress held in Kyiv on February 15.

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Lavrynovych & Partners Wins in Four Categories of the DealMakers Global Awards 2012

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has been named the Law Firm of the Year in Ukraine in Banking and Finance, M&A, Taxes, and Court Practice and Arbitration according to the DealMakers Global Awards 2012.

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Maksym Lavrynovych Participates in the World Economic Forum

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Maksym Lavrynovych, Managing Partner of Lavrynovych & Partners Law Firm, visited on January 27 in Davos, Switzerland, the 8th Ukrainian Lunch entitled “Options for the Future”. The event included a discussion of Ukraine’s future prospects in the context of European and global development.

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Olena Zubchenko Receives an Advocate’s Certificate

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Olena Zubchenko, Senior Associate at Lavrynovych & Partners Law Firm, received on January 26 a certificate for the right to engage in advocate's activity.

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Lavrynovych & Partners Wins in the InterContinental Finance Magazine 2012 Continent Awards

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has been named the Most Trusted Ukrainian Law Firm – Europe according to the InterContinental Finance Magazine 2012 Continent Awards.

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Stanislav Skrypnyck Participates in the International Conference “Wealth Management and Private Ba

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Stanislav Skrypnyck, Partner of Lavrynovych & Partners Law Firm, took part in “Wealth Management and Private Banking in Russia & CIS”, a practical international conference held in Moscow on January 30-31.

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Andriy Moroz and Dmytro Symanov Participate in the II Competition Forum of Ukraine

February 2012. Press Releases by Lavrynovych & Partners (view listing).

Senior associates of Lavrynovych & Partners Law Firm Andriy Moroz and Dmytro Symanov participated in the II Competition Forum of Ukraine held in Kyiv on January 26-27 with official support of the Antimonopoly Committee of Ukraine.

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Lavrynovych & Partners Acts as Legal Adviser in the Process of Providing State Guarantees for...

January 2012. Press Releases by Lavrynovych & Partners (view listing).

Raising a Loan Facility by LisichanskUgol Open Joint Stock Company

Lavrynovych & Partners Law Firm acted as a Ukrainian law adviser in the process of providing state guarantees for raising an $85,000,000 long-term loan facility to reconstruct and modernize the mines of LisichanskUgol OJSC. The loan agreement was signed by China Development Bank, a state-run Chinese bank, and the Ministry of Finance of Ukraine on December 28, 2011. This is the first time in history that China Development Bank has extended a loan to a Ukrainian enterprise.

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Lavrynovych & Partners Wins a Court Case against a Well-Known Newspaper

January 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has successfully represented the interests of a client, the owner of one of Ukraine’s leading machine-building enterprises, in the case regarding a claim filed against the founder of the newspaper “Dzerkalo Tyzhnya. Ukraine” seeking protection of honor, dignity and business reputation, as well as recognition of the distributed information as inaccurate and refutation of such information.

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IFLR1000, International Legal Guide, Recommends Lavrynovych & Partners in M&A

January 2012. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has, for the second time this year, been recommended by IFLR1000, a leading international guide to financial law firms. In the 2012 issue, Lavrynovych & Partners is recommended in the field of Mergers & Acquisitions. 

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Lavrynovych & Partners is Ukraine’s Best Law Firm of the Year 2011...

January 2012. Press Releases by Lavrynovych & Partners (view listing).

according to Lawyers World Annual Jurisdiction Awards 2011 

Lavrynovych & Partners was announced as a Lawyers World Annual Jurisdiction Awards 2011 Winner in category Law Firm of the Year – M&A, Banking & Finance, Tax and Litigation & Arbitration in Ukraine.

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Awards for the Winners of Lavrynovych & Partners’ First Scholarship Contest

January 2012. Press Releases by Lavrynovych & Partners (view listing).

December 22nd saw the rewarding of winners of the First Scholarship Contest in the area of corporate law established by Lavrynovych & Partners Law Firm in cooperation with the Students League of All-Ukrainian Non-Governmental Organization “Ukrainian Bar Association”.

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Lavrynovych & Partners Takes Third Place according to...

January 2012. Press Releases by Lavrynovych & Partners (view listing).

World Tax 2012, International Ranking of Leading Tax Advisers

Having taken third place according to the international ranking of World Tax 2012, Lavrynovych & Partners Law Firm is among Ukraine’s leading tax advisers for the first time.

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Lavrynovych & Partners Wins a Major Land Dispute in Zaporizhya Oblast

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has successfully defended its client’s land interests at the Melitopol City District Court of Zaporizhya Oblast in a case regarding the recognition as unlawful and reversal of a resolution adopted by a governmental authority.

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Lavrynovych & Partners is Ukraine’s Best Law Firm of the Year 2011 according to ACQ Country Awards

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners has won in all six Ukrainian categories of this year’s international ranking of law firms according to ACQ Country Awards, whose results were announced on December 14.

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Lavrynovych & Partners among Ukraine’s Top 10 Law Firms again

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners has been rated seventh on the list of “50 Leading Ukrainian Law Firms” and has moved up two points in the ranking compared with the previous year. This is reflected in the results of the 15th Annual Survey “50 Leading Ukrainian Law Firms 2011” by the Yuridicheskaya Praktika and Kommersant-Ukrayina newspapers published on December 6.

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Maksym Lavrynovych delivers a speech at Ukrainian Conference in Switzerland

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Maksym Lavrynovych, Managing Partner of Lavrynovych & Partners Law Firm, delivered a speech at the conference called “Ukraine, where are you heading to?”, which took place on December 5 in Lugano, Switzerland.

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Iryna Marushko delivers a speech at IFA’s Regional CIS International Tax Conference

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, made a speech at the International Fiscal Association (IFA)’s Regional CIS International Tax Conference held in Kyiv on December 5-6.

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Lavrynovych & Partners successfully represents client’s interests in a case for recovery of debt

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm represented in the High Specialized Court of Ukraine for Civil and Criminal Cases the interests of a client in a case for recovery of non-accrued and unpaid interest exceeding UAH 540,000 under an agreement from a commercial bank.

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Roman Blazhko Participates in IFA Ukraine-Cyprus International Tax Seminar

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Roman Blazhko, a senior associate of Lavrynovych & Partners Law Firm, partook in the International Fiscal Association (IFA) Ukraine-Cyprus International Tax Seminar which was held in Kyiv on 25 November 2011.

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Iryna Marushko Delivers a Speech at the Third Annual National Forum

December 2011. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, made a speech at the Third Annual National Forum “Mergers and Acquisitions in Ukraine” held in Kyiv on November 24-25.

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Lavrynovych & Partners Defends Client's Land Interests

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has successfully defended at the District Administrative Court the interests of Chornobayivske hunting enterprise, one of Ukraine’s largest lessees of land, during the hearing of a case regarding the recognition as unlawful and reversal of a resolution adopted by a government agency.

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Lavrynovych & Partners Successfully Defends the Interests of Devilon Group

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm has defended the interests of Devilon Group LLC during the hearing of a case for vacating the illegally occupied areas within leased premises.

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Lavrynovych & Partners successfully represents the interests of Wenox Holdings Lіmited with respect

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners successfully represented the interests of Wenox Holdings Lіmited (Cyprus) at the Antimonopoly Committee of Ukraine with respect to granting a preliminary approval for concentration by purchase of shares of JSC Electrometallurgical Works Dneprospetsstal named after A. N. Kuzmin (Zaporizhya city), which ensured gaining more than 25% of votes in the issuer’s highest management body.

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Dmytro Savchuk and Olga Lyubun Attend Seminar “The Changing Domain Name Landscape and New gTLDs:

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Business Risk and Opportunity Management”

Dmytro Savchuk and Olga Lyubun, associates of Lavrynovych & Partners Law Firm, have attended a seminar entitled “The Changing Domain Name Landscape and New gTLDs: Business Risk and Opportunity Management”. The seminar was held with the support of the Ukrainian Bar Association, the Ukrainian National Committee of the International Chamber of Commerce and BASCAP initiative group in Ukraine.

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Igor Siusel and Artur Kiyan Participate in Kiev Arbitration Days 2011 Conference

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Igor Siusel, Associated Partner of Lavrynovych & Partners Law Firm, and Artur Kiyan, associate of the firm, participated in the conference “Kiеv Arbitration Days 2011”, which was held in Kyiv on November 17-18.

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Iryna Marushko Participates in the 6th Annual Ukrainian Banking Forum

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, participated in the 6th Annual Ukrainian Banking Forum, which took place in Kyiv on November 15-17.

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Iryna Marushko Participates in 18th Annual CEE Private Equity Forum

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, participated in the 18th Annual CEE Private Equity Forum held in London on November 3-4.

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Eugene Kolomiyets and Oleksandr Palamarchuk Participate in V Annual Corporate Law Forum

November 2011. Press Releases by Lavrynovych & Partners (view listing).

Eugene Kolomiyets and Oleksandr Palamarchuk, associates of Lavrynovych & Partners Law Firm, took part in the V Annual Corporate Law Forum held in Kyiv on October 28.

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Iryna Marushko Participates in EVCA Mid Market Forum in Budapest

October 2011. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, took part in EVCA Mid Market Forum held in Budapest on October 18-19. The forum was held with the support of Mid Europa Partners, a leading private equity investment firm.

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Lavrynovych & Partners Is Recommended by the IFLR1000

October 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners has for the first time been recognized by IFLR1000, a leading international directory of financial law firms. In IFLR1000’s 2012 edition published on October 14, Lavrynovych & Partners is recommended in the Banking and Finance area.

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Lavrynovych & Partners and UBA Students League Establish Scholarship Contest

October 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm and the Students League of All-Ukrainian Non-Governmental Organization "Ukrainian Bar Association” have established a joint Scholarship Contest in the area of corporate law.

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Maksym Lavrynovych Attends Russia Business Club Session in Zurich

October 2011. Press Releases by Lavrynovych & Partners (view listing).

Maksym Lavrynovych, Managing Partner of Lavrynovych & Partners Law Firm, attended a session of the Russia Business Club devoted to the topic of “East Experience”, which was held in Zurich, Switzerland, on October 11.

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Maksym Lavrynovych Wins All-Ukrainian contest “Lawyer of the Year 2011”

October 2011. Press Releases by Lavrynovych & Partners (view listing).

Maksym Lavrynovych, Managing Partner of Lavrynovych & Partners Law Firm, has won All-Ukrainian contest “Lawyer of the Year 2011” in the category “Lawyer, Representative of a Private Law Firm”. The awards ceremony took place in Kyiv on October 6.

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Kyiv-Based Office of Lavrynovych & Partners Broadens Its Opportunities

October 2011. Press Releases by Lavrynovych & Partners (view listing).

The year 2011 has been exceptionally successful for Lavrynovych & Partners Law Firm: it has attracted such clients as Japan Tobacco International, Prominvestbank, Allseeds Group, Winner Imports Ukraine, Alfa-Bank, Dneprovsky Iron & Steel Integrated Works n. a. Dzerzhynsky and quite a few other well-established companies.

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Iryna Marushko Participates in Korean-Ukrainian Business Forum

October 2011. Press Releases by Lavrynovych & Partners (view listing).

Iryna Marushko, Partner of Lavrynovych & Partners Law Firm, participated in the Korean-Ukrainian Business Forum held in Kyiv on September 30.

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Lavrynovych & Partners Becomes Legal Counsel of Dneprovsky Iron & Steel Integrated Works...

October 2011. Press Releases by Lavrynovych & Partners (view listing).

n. a. Dzerzhynsky

Lavrynovych & Partners and OJSC Dneprovsky Iron & Steel Integrated Works n. a. Dzerzhynsky signed a cooperation agreement on September 28. This customer will be supported by a team of lawyers supervised by Stanislav Skrypnyck, Partner of Lavrynovych & Partners.

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Lavrynovych & Partners Becomes Legal Counsel of Alfa-Bank

October 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners Law Firm and Alfa-Bank, a member of the Alfa-Group international consortium, signed a cooperation agreement on September 28. This project will be implemented by a team of lawyers supervised by Stanislav Skrypnyck, Partner of Lavrynovych & Partners.

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Lavrynovych & Partners Successfully Defended the Interests of Ukragroalliance LLC

October 2011. Press Releases by Lavrynovych & Partners (view listing).

In the Case Seeking Invalidation and Reversal of Tax Notification Decisions and Fines in the Amount of UAH 550,000

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Kyiv-Based Office of Lavrynovych & Partners Broadens Its Opportunities  

October 2011. Press Releases by Lavrynovych & Partners (view listing).

The year 2011 has been exceptionally successful for Lavrynovych & Partners Law Firm: it has attracted such clients as Japan Tobacco International, Prominvestbank, Allseeds Group, Winner Imports Ukraine, Alfa-Bank, Dneprovsky Iron & Steel Integrated Works n. a. Dzerzhynsky and quite a few other well-established companies.

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Lavrynovych & Partners successfully defends Ukrainian dairy producer Galakton PJSC

September 2011. Press Releases by Lavrynovych & Partners (view listing).

Lavrynovych & Partners has represented the interests of Ukrainian dairy producer Galakton PJSC in Ukrainian courts in a case based on a claim brought by the Kyiv environmental prosecutor in the interests of the state represented by the State Environmental Inspectorate seeking damages of UAH 5,753,801.16 caused to the state by a breach of the terms of a special water use permit.

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Maksym Lavrynovych named among Top 25 Ukrainian Lawyers

September 2011. Press Releases by Lavrynovych & Partners (view listing).

Managing Partner of Lavrynovych & Partners, Maksym Lavrynovych, has made his debut on the list of Top 25 Ukrainian Lawyers

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Lavrynovych & Partners acts as local adviser on government guarantees securing Air Express Project

August 2011. Press Releases by Lavrynovych & Partners (view listing).

Under an agreement with the international law firm White & Case, Lavrynovych & Partners has advised the Ukrainian Finance Ministry in the process of negotiating and signing a guarantee agreement for a USD 372,313,538 loan obtained by the state-run Directorate for Construction and Management of National Project "Air Express" and by other Kyiv regional infrastructure facilities from the Export-Import Bank of China.

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Lavrynovych & Partners acts as local adviser on government guarantees securing Ukravtodor's USD 376m

August 2011. Press Releases by Lavrynovych & Partners (view listing).

Under an agreement with the international law firm White & Case, Lavrynovych & Partners has advised the Ukrainian Finance Ministry in the process of negotiating and signing a guarantee agreement for a USD 376m (UAH 3bn) long-term loan provided by the Russian Sberbank for the Ukrainian state-run road construction company Ukravtodor.

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Maksym Lavrynovych nominated for International WHO'S WHO of Professionals

July 2011. Press Releases by Lavrynovych & Partners (view listing).

Maksym Lavrynovych, the Managing Partner of Lavrynovych & Partners, has been nominated for inclusion in the International WHO'S WHO of Professionals directory.

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Legal Developments in Ukraine

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • New Rules for Arrest of Sea-going Ships Effective in Ukraine

    On 16 May 2012 the International Convention for the Unification of Certain Rules Relating to the Arrest of Sea-Going Ships (1952), known as Brussels Convention, and implementing amendments to the procedural legislation entered into force in Ukraine.
    - Asters
  • Obtaining security measures in support of arbitral awards

    Article 15 of the Code of Civil Procedure provides that applications for recognition and enforcement of awards issued in international commercial arbitration are considered by the courts of general jurisdiction following the procedure set out in the code.
  • Securities Commission Adopts New Regulation on Consolidation and Subdivision of Shares

    On 13 April 2012 the new Regulation on Consolidation and Subdivision of Shares in Joint Stock Companies (the "New Regulation") adopted on 6 March 2012 by the Ukrainian National Commission on Securities and Stock Market (the "Commission") became effective and replaced the old Regulation on Registration of Shares in the Course of Change of Nominal Value and Quantity of Shares without Change of the Share Capital Amount approved by the Commission on 14 September 2000.
    - Asters
  • Securities Commission Adopts Rules for Acquisition of Professional Securities Brokers

    On 13 March 2012 the Ukrainian National Commission on Securities and Stock Market (the "Commission") adopted the Regulation (the "Regulation") on granting a permit (the "Permit") for equity acquisition in a professional securities market participant, such as a security broker, asset management company, custodian, depositary, etc., resulting in direct or indirect holding or control over 10, 25, 50 or 75 percent of equity (the "Significant Shareholding"). The Regulation will be effective upon its approval by the Ministry of Justice.
    - Asters
  • RECENT CHANGES IN UKRAINIAN LEGISLATION Reform of Railroad Transport in Ukraine

    On 23 February 2012 the Ukrainian Parliament adopted the Law of Ukraine “On the Specifics of Establishment of Public Joint Stock Company of Public Railway Transport” (the “Public Railroad Transport Company Law”), which became effective as of 22 March 2012, and the Law of Ukraine “On Amendments to the Law of Ukraine “On Railroad Transport” (the “Railroad Amendment Law”), which will become effective from the date of state registration of the Company according to the Public Railroad Transport Company Law.
  • Recent Court Practice Relating to Taking Security in Ukraine

    From May 2011 and until January 2012, as a result of unification effort against inconsistent practice of the lower courts,the Supreme Court of Ukraine (the “Supreme Court”) re-examined inconsistent rulings of Ukrainian cassation courts on disputes arising out of, inter alia, mortgage and suretyship agreements and made a number of important decisions providing guidance on application of the relevant legislation in similar cases.
  • New Tax Circulars

    Recently Ukrainian State Tax Service (STSU) published a number of tax circulars containing STSU's interpretations of the tax law. The above circulars cover a variety of issues. Some of the key points are as follows:
    - Asters
  • Amendments to the PSA Tender Terms for Oles'ka and Yuzivs'ka Subsoil Blocks

    On 6 February 2012 the Cabinet of Ministers of Ukraine amended its Resolutions No. 1297 and No. 1298, dated 30 November 2011 (the "PSA Resolutions"), which determine tender terms for conclusion of production sharing agreements ("PSA") on exploration and production of hydrocarbons, in particular non-conventional gas, in Oles'ka and Yuzivs'ka subsoil blocks.
    - Asters
  • VALIDITY OF LOAN AGREEMENTS UNDER UKRAINIAN LAW

    Oleksandr Aleksyeyenko, partner - oleksandr.aleksyeyenko@integrites.com
  • Royalties decrease in 2012

    On 13 January 2012 the Law of Ukraine "On Amending the Tax Code of Ukraine Regarding Review of Certain Tax and Duties Rates"(the "Amendments") became effective. The Amendments change the procedure for calculation of adjustment index used for royalties' calculation.
    - Asters