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INTEGRITES forms New Department of Mediation and Restructuring

September 2009

The international law firm INTEGRITES established new direction – the Department of Mediation and Restructuring. Such decision was taken in order to enforce the Firm’s legal practice and extend the team of lawyers.

Within this direction INTEGRITES offers legal services in the sphere of mediation and restructuring, clients' interests intermediation in disputes and courts, related to fulfilment of debt obligations, including in international financial structures and state bodies. Combination of experience in corporate and financial practices, as well as in dispute resolution practice, offers the possibility for effective projects implementation in the sphere of business and debts restructuring.

The Department's team includes five legal experts with wide experience in the field. The Department is headed by the senior lawyer of INTEGRITES, Mr. Dmitriy Marichev. Mr. Marichev is an expert in the field of bank and finance law and has wide experience of cooperation with state structures and financial organizations. His experience in legal practice covers projects support in the sphere of bank and finance law, corporate law, dispute resolution. Before INTEGRITES, Mr. Dmitriy Marichev had been working in such companies as Asters and Beiten Burkhardt.
At present, the Department is supporting a range of projects, where the following companies are the parties: Bloomberg Finance L.P., Basell, Cersanit S.A., Bayer, National Westminster Bank, Tokyo Motors,  INTERPIPE NTZ, Velton Telecom.

The Managing Partner of INTEGRITES, Mr. Vyacheslav Korchev, while commenting on the formation of new department, mentioned that the development of that direction and creation of the Department of Mediation and Restructuring had been caused by market requirements: "The majority of domestic companies as well as their foreign counterparties, operating in Ukraine, have met with a problem of liquidity and total default in payment under contract obligations. It has influenced significantly over international trade, investments, project financing, construction, crediting, insurance and other branches. Considering the peculiar immediacy of these matters, the Firm decided to single out into separate practice all restructuring and alternative dispute resolution projects and to form the Department of Mediation and Restructuring".

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