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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Asters Tops the List of Ukraine's 50 Leading Law Firms in 2013

January 2014. Press Releases by Asters (view listing).

Asters has been ranked No. 1 Law Firm in Ukraine, based on its overall performance in 2013, according to the results of the annual research "50 Leading Law Firms of Ukraine" conducted by Yuridicheskaya Praktika (Legal Practice) Weekly jointly with Kommersant-Ukraine Publishing House and published on 10 December 2013. For the third consecutive year Asters maintains its top position in the national ranking of the leading law firms of Ukraine.

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Asters Advises EBRD, IFC and BSTDB on USD 180 million Financing to Petroleum Giant Galnaftogaz

January 2014. Press Releases by Asters (view listing).

Asters has acted as a Ukrainian law counsel to European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and Black Sea Trade and Development Bank (BSTDB) on the secured lending to Concern Galnaftogaz, a major Ukrainian petroleum distributor.

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Asters Advises Nadra Oles'ka LLC on the Production Sharing Agreement between Ukraine, Chevron and...

November 2013. Press Releases by Asters (view listing).

...Nadra Oles'ka LLC

Asters advised Nadra Oles'ka LLC regarding drafting, negotiation, and execution of the Production Sharing Agreement for hydrocarbons to be recovered within the Oles'ka block between the State of Ukraine, Chevron Ukraine B.V. and Nadra Oles'ka LLC executed in Kyiv on 5 November 2013.

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Asters Advises on Cross-border Corporate Restructuring and M&A Transactions

October 2013. Press Releases by Asters (view listing).

Asters has acted on three significant cross-border corporate restructuring and M&A transactions. 

The Firm advised Pfeifer & Langen Inwestycje Sp. z o.o. on acquisition of local sugar trading company and assets of the Chortkiv sugar plant from Kernel Group, a major Ukraine's agricultural holding. The Firm's role included deal structuring advice, full-blown due diligence, general advice on Ukrainian corporate law and real estate matters, preparation of the transaction documents, merger clearance and assistance at closing.

Asters acted as a legal counsel to Creative Group, one of the largest agricultural groups in Ukraine and a leader in Ukraine's fats and margarines market, on the exit of minority shareholders of the group's soybean business division. The Firm's role included preparation of the transaction documents, coordination of work of legal advisors in foreign jurisdictions and merger clearance.

Asters also counseled Ardis Group, a Ukrainian importer and distributor of food products, in connection with comprehensive corporate restructuring in foreign jurisdictions and reallocation of shareholdings.

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Thompson & Knight LLP and Asters Host Seminar on Oil and Gas Investment in Ukraine

October 2013. Press Releases by Asters (view listing).

On 25 June 2013 the law firms of Thompson & Knight LLP (Dallas) and Asters (Kyiv) hosted, with the support of the American Chamber of Commerce in Ukraine, a joint video seminar entitled "Algeria and Ukraine: Attracting Investment in Conventional and Unconventional Plays". The global seminar connected panelists in Dallas, Houston, London, and Kyiv, and a large number of the firms' oil and gas clients.

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Asters Advises on Ukrainian Merger Control Aspects of approx. USD 25 Billion Acquisition of Dell Inc

October 2013. Press Releases by Asters (view listing).

Asters provided legal advice to Silver Lake, Michael S. Dell and Dell Inc. on Ukrainian merger control law issues, including obtaining merger clearance from the Ukrainian competition authority for the approx. USD 25 billion acquisition of Dell Inc. by Michael Dell, Dell's Founder, Chairman and Chief Executive Officer, in partnership with global technology investment firm Silver Lake.

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Asters Launches First EBA Legal School

October 2013. Press Releases by Asters (view listing).

On 25 September 2013 the European Business Association held a presentation of Ukraine's first Legal School organized by Asters in cooperation with the EBA. The School's trainers include Asters partners and associates who will deliver lectures to the EBA members, in particular legal practitioners, in-house lawyers and managers wishing to improve their legal awareness or further enhance their legal knowledge.

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Asters Advises the State Aviation Administration of Ukraine on Implementation of the Cape Town Treat

October 2013. Press Releases by Asters (view listing).

Asters advised on a pro bono basis the State Aviation Administration of Ukraine on implementation of the Convention on International Interests in Mobile Equipment and the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, both signed in Cape Town on 16 November 2001.

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Asters Acts as a Counsel to the EBRD in Connection with its EUR 5.4 Million Loan to Teplodar PiVi LL

October 2013. Press Releases by Asters (view listing).

Asters acts as a Ukrainian law counsel to the European Bank for Reconstruction and Development (the EBRD) in connection with the financing package including 8-year EBRD loan of EUR 3.9 million and 15-year loan of EUR 1.5 million from the Clean Technology Fund (CTF) to Teplodar PiVi LLC.

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Asters Acts as a Counsel to the EBRD in Connection with its EUR 15.5 Million Loan to Biogasenergo

October 2013. Press Releases by Asters (view listing).

Asters acts as a Ukrainian law counsel to the European Bank for Reconstruction and Development (the EBRD) in connection with the financing package including an 8-year EBRD loan of EUR 9.9 million and a 15-year loan of EUR 5.6 million from the Clean Technology Fund (CTF) to LLC "Biogazenergo", a subsidiary of Ukraine's EIG Engineering.

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Asters Shortlisted for European Law Firm of the Year by The 2013 British Legal Awards

October 2013. Press Releases by Asters (view listing).

Hosted by Legal Week, The 2013 British Legal Awards has shortlisted Asters for the European Law Firm of the Year award. For the second consecutive year, Asters is the only Ukrainian law firm which has been honored to contest for the award with its 5 peers from the cream of the European legal market. Namely Asters will compete with Garrigues, Gomez-Acebo & Pombo, Magnusson, Miranda Correia Amendoeira, and Pepeliaev Group.

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Asters Successfully Represents Nidera in Debt Collection Dispute

March 2013. Press Releases by Asters (view listing).

Asters successfully represented Nidera, an international producer, trader and marketer of agricultural and bioenergy products, in a large debt collection dispute.

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Asters Acted as Ukrainian Law Counsel to VimpelCom on USD 2 Billion Eurobond Issue

March 2013. Press Releases by Asters (view listing).

Asters advised VimpelCom Holdings B.V., a leading international telecommunication company and parent of Ukrainian mobile telecom operator Kyivstar, on USD 2 billion Eurobond financing, including a RUB 12 billion tranche and two US Dollar-denominated tranches totalling USD 1.6 billion. The notes are guaranteed by VimpelCom Holdings' subsidiary OJSC "Vimpel-Communications" and are listed on the Irish Stock Exchange.

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Asters Shortlisted for Chambers Europe Awards for Excellence 2013

March 2013. Press Releases by Asters (view listing).

Asters is shortlisted for the Chambers Europe Awards for Excellence 2013 (Ukraine), organized by Chambers & Partners publishing house in association with the international law firms network Lex Mundi.

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Asters Acted as a Counsel to the EBRD in Connection with its USD 50 Million Loan to Novus

March 2013. Press Releases by Asters (view listing).

Asters acts as a Ukrainian law counsel to the European Bank for Reconstruction and Development (the EBRD) in connection with a long-term loan of up to USD 50 million to Novus. The financing will be used for the expansion of the Novus retail chain in Ukraine.

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Igor Svechkar Wins 2013 ILO Client Choice Award for Competition

March 2013. Press Releases by Asters (view listing).

For the third time in a row, Igor Svechkar, Asters' partner, has been named the exclusive winner of the Client Choice Award for Competition in Ukraine. The winners of the Awards have been announced by the London-based International Law Office (ILO) at the gala dinner on 27 February 2013.

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Asters Advises IFC in connection with USD 85 million Financing to Okkoskhidinvest

February 2013. Press Releases by Asters (view listing).

Asters acts as a Ukrainian law counsel to the International Finance Corporation, a member of the World Bank Group, in connection with USD 85 million financing to Okkoskhidinvest, a joint venture between a major Ukrainian petroleum distributor Concern Galnaftogaz and an investment fund managed by ADM Capital.

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Asters Advises Nadra Yuzivs'ka LLC on the Production Sharing Agreement between Ukraine, Shell and Na

February 2013. Press Releases by Asters (view listing).

Asters advised Nadra Yuzivs'ka LLC regarding drafting, negotiation, and execution of the Production Sharing Agreement for hydrocarbons to be recovered within the Yuzivs'ka block between the State of Ukraine, Shell Exploration and Production Ukraine Investments (IV) B.V. and Nadra Yuzivs'ka LLC executed in Davos on 24 January 2013.

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Asters Joins a Global Pool of Islamic Finance Law Firms

February 2013. Press Releases by Asters (view listing).

Asters has become a member of ISFIN, the world's leading platform of law firms specializing in Islamic Finance, investments from and to the Muslim world and the Halal industry. The alliance covers more than 40 jurisdictions around the world. ISFIN is composed by the most innovative and highly regarded independent law firms.

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Asters Advises State Road Agency of Ukraine on UAH 14 Billion Bond Placement

January 2013. Press Releases by Asters (view listing).

Asters acted as one of the legal counsels to the State Road Agency of Ukraine in connection with UAH 14 billion (approximately USD 1.75 billion) private domestic placement of bonds with 3, 5 and 7 year maturity. The issue has a coupon of 16.3% and was secured by Ukraine's sovereign guarantee.

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Asters Advises International Finance Corporation on USD 16 Million Financing to Agrofusion

January 2013. Press Releases by Asters (view listing).

Asters acts as a local transaction counsel to International Finance Corporation (IFC), a member of the World Bank Group, in connection with USD 16 million financing to Agrofusion (the "Group"), the largest tomato paste and industrial tomato producer in Ukraine with operational assets based primarily in Mykolaiv and Kherson regions.

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Asters Advises Coal Energy on USD 70 Million Financing from the EBRD

January 2013. Press Releases by Asters (view listing).

Asters acts as a Ukrainian law counsel to Coal Energy S.A. in connection with USD 70 million financing provided by the European Bank for Reconstruction and Development (EBRD). Coal Energy S.A. is a Luxemburg-based holding running ten coal mines and recycling and processing plants in Ukraine.

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Asters Honoured for Its CSR Activity at Pro Bono Awards 2012

January 2013. Press Releases by Asters (view listing).

On 12 December the Pro Bono Awards 2012 ceremony was held by Yurliga and Centre for CSR Development within the IV National annual contest of business cases in the field of corporate social responsibility (CSR). This contest is a unique Ukrainian initiative aimed at popularization of the best CSR practices.

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Asters Tops the List of Ukraine's 50 Best Law Firms in 2012

January 2013. Press Releases by Asters (view listing).

Based on its overall performance in 2012, Asters has been recognized No. 1 Law Firm in Ukraine according to the results of the annual research "50 Leading Law Firms of Ukraine" published by Yuridicheskaya Praktika (Legal Practice Weekly) jointly with Kommersant-Ukraine Publishing House on 11 December 2012. Asters preserves its top position in the ranking for the second consecutive year.

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Asters Advises Creative Group on USD 255 Million Syndicated Loan Facility

October 2012. Press Releases by Asters (view listing).

Asters acted as a Ukrainian legal counsel to Creative Group in connection with a USD 255 million syndicated loan facility from PJSC Ukrsotsbank, a member of Unicredit Group, VTB Capital PLC, Erste Group Bank AG and Societe Generale.

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Asters Acts as a Counsel to EBRD in Connection with Loan Facility to Alfred C. Toepfer International

October 2012. Press Releases by Asters (view listing).

Asters acts as a Ukrainian law counsel to European Bank for Reconstruction and Development (EBRD) in connection with a USD 50 million revolving loan facility to limited liability company "Alfred C. Toepfer International (Ukraine)", a member of Toepfer Group, which is one of the world's leading agricultural commodity trading companies specialising in trading of agricultural products.

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Asters Acts as One of the Counsels to the EBRD in Connection with USD 30 Million Convertible Loan...

October 2012. Press Releases by Asters (view listing).

to Prognoz Group

Asters acts as one of the counsels to the European Bank for Reconstruction and Development (the EBRD) in connection with a USD 30 million convertible loan to Prognoz group, the leading Russian software developer for business intelligence (BI) applications.

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Asters Acted as a Counsel to the EBRD in Connection with its First Solar Power Project in Ukraine

October 2012. Press Releases by Asters (view listing).

Asters acts as a Ukrainian law counsel to the European Bank for Reconstruction and Development (the EBRD) in connection with a EUR 5.7 million loan to Green Agro Service LLC. The financing is provided within the frameworks of EBRD's programme to support Ukrainian renewable energy sector and aims at the development, construction and operation of a 4.5 MW solar plant, which will be located in the Vinnitsya region of south Ukraine.

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Asters Advises RAG in Connection with Establishment of a Joint Venture for the Purposes of ...

September 2012. Press Releases by Asters (view listing).

Exploration and Production of Hydrocarbons in Western Ukraine

Asters advises RAG (Rohl-Aufsuchungs Aktiengesellschaft) in connection with establishment of a joint venture for the purposes of exploration, development, production, transportation and selling of hydrocarbons in Western Ukraine.

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Asters Advises PRADA Group in Connection with Opening of its First Mono-brand Boutique in Ukraine

September 2012. Press Releases by Asters (view listing).

Asters advises PRADA Group, one of the world's leaders in the design, production and distribution of luxury handbags, leather goods, footwear, ready-to-wear apparel, accessories, eyewear and fragrances, in connection with opening and operation of its first mono-brand boutique in Ukraine, located at the elegant Khreshatyk Passage in Kyiv, the top luxury shopping mall of the city.

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Asters Acts as a Ukrainian Law Counsel in connection with EBRD USD 10 Million Loan to a...

July 2012. Press Releases by Asters (view listing).

Ukrainian Shipping Company Yugreftransflot

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Asters Advises IFC on its First Sustainable-Energy Finance Loan in Ukraine

June 2012. Press Releases by Asters (view listing).

Asters acted as a legal advisor to the International Finance Corporation (IFC) on a USD 15 million loan facility to PJSC "Credit Europe Bank" (Credit Europe Bank).

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Asters Advised Belron on Franchising Matters in Ukraine

June 2012. Press Releases by Asters (view listing).

Asters acted as a Ukrainian legal counsel to Belron International Limited in connection with its entering into the Ukrainian market for the repair and replacement of automotive glass through the franchising arrangement with a Ukrainian counterparty.

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Asters Receives 2012 Law Firm of the Year Award

June 2012. Press Releases by Asters (view listing).

Asters received a barrage of accolades at the Legal Award ceremony held in Kyiv on May 29.

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Asters Successfully Represents Credit Agricole Credit and Investment Bank in a Large Debt Collection

May 2012. Press Releases by Asters (view listing).

Asters lawyers have successfully completed collection of a large debt on behalf of Public Joint-Stock Company "Credit Agricole CIB", the Ukrainian subsidiary of Credit Agricole Group. Credit Agricole CIB is one of Ukraine's most reliable banks and a leader in M&a deals in the country, according to Expert rating agency.

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Asters Advises EBRD on a Pioneering Loan to Finance Construction of a Wind Power Plant

May 2012. Press Releases by Asters (view listing).

Asters acted as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with financing arranged by EBRD for Eco-Optima to finance construction of a 12.5 megawatt wind power plant in Starosambirskyi district of Lviv region.

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Asters Wins a Prestigious Client Service Law Firm of the Year Award at the...

May 2012. Press Releases by Asters (view listing).

Asters received the Client Service Law Firm of the Year – Ukraine Award presented at the Chambers Europe Awards for Excellence ceremony held in Amsterdam on 10 May 2012.

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Asters Recognized for Excellence by The Legal 500 EMEA 2012

April 2012. Press Releases by Asters (view listing).

The Legal 500 Europe, Middle East and Africa guide has recently released its 2012 edition. The new edition contains glowing reviews of all of Asters’ key practices. Six of the firm's partners are mentioned as legal experts in the practice areas researched.

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Asters Tops the Ratings for Key Practices in Ukrainian Law Firms 2012: A Handbook for Foreign Client

April 2012. Press Releases by Asters (view listing).

The newly published Ukrainian Law Firms 2012: A Handbook for Foreign Clients (ULF 2012) highlights Asters' leadership in key industries and practices.

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Asters Advises Russia Partners on Acquisition of Into-Sana

April 2012. Press Releases by Asters (view listing).

Asters represented Russia Partners, a private equity investment fund having over USD 1 billion of assets under management, on acquisition of Into-Sana Group, a leading private healthcare and insurance service provider in Southern Ukraine.

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Asters Receives High Rankings from Chambers Global 2012

March 2012. Press Releases by Asters (view listing).

Asters maintains and expands its leading position in key practice areas according to the recently published Chambers Global 2012 Guide, an authoritative market research publication. This year the firm has once again secured high rankings for all practice areas researched and four individual lawyer rankings...

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Asters on the 2012 Guard of Social Responsibility

March 2012. Press Releases by Asters (view listing).

In March, the All-Ukrainian GVardia magazine presented the 2012 rating of the most socially responsible companies, with Asters being the only law firm incorporated into the Ukrainian ranking of openness and consistency in the CSR sphere...

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Asters Advises EBRD in Connection with UkrSibbank's UAH 1.36 billion Share Capital Increase

March 2012. Press Releases by Asters (view listing).

Asters acts as a legal counsel to the European Bank for Reconstruction and Development (EBRD) in connection with EBRD's participation in the additional placement of shares by Public Joint Stock Company UkrSibbank for the total amount of UAH 1.36 billion. UkrSibbank is a Ukrainian subsidiary bank of BNP Paribas Group. It is ranked ninth among existing Ukrainian banks in terms of overall assets as of 1 January 2012 according to the National Bank of Ukraine.

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Former AMC Commissioner and Member of Public Procurement Review Board Joins Asters

March 2012. Press Releases by Asters (view listing).

Oleksandr Voznyuk, a 16-year veteran of the Antimonopoly Committee of Ukraine (AMC), has joined Asters as Counsel to strengthen firm's competition practice. Mr. Voznyuk served as AMC Commissioner for last 7 years and was one of long-standing Members, and most recently the Chair, of the Public Procurement Review Board.

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Asters Shortlisted for Chambers Europe Awards for Excellence 2012

March 2012. Press Releases by Asters (view listing).

Asters has been shortlisted for the Chambers Europe Awards for Excellence 2012 for Ukraine. This selection was made by Chambers & Partners, on the basis of independent research carried out for its annual ranking Chambers Europe 2012. The Award is traditionally given to distinguish law firm's pre-eminence in key practice areas as well as notable achievements over the past 12 months, including outstanding work, impressive strategic growth and excellence in client service...

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Igor Svechkar Named ILO Client Choice Award Winner for Competition in Ukraine

March 2012. Press Releases by Asters (view listing).

Asters partner Igor Svechkar has been named the exclusive International Law Office (ILO) Client Choice Award 2012 Winner for Competition in Ukraine. This is the second time in a row Mr. Svechkar has been honoured with this prestigious accolade...

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Asters Advises the International Finance Corporation on a Cleaner Production Financing to Mriya

March 2012. Press Releases by Asters (view listing).

Asters acts as a legal counsel to the International Finance Corporation (IFC) in connection with a USD 5 million long-term financing to one of the largest agro holdings in Ukraine – the Mriya group of companies.

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Asters Becomes Warsaw Stock Exchange IPO Partner

February 2012. Press Releases by Asters (view listing).

Asters and the Warsaw Stock Exchange (WSE) signed a partnership agreement under the WSE's IPO Partner Program. As a result, the firm received an official certificate and confirming documents. According to the agreement, Asters becomes a WSE IPO Partner and can now offer consultations to Ukrainian companies wanting to place their shares on the Warsaw Stock Exchange.

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Asters Strengthens Tax, Corporate and M&a Practices

February 2012. Press Releases by Asters (view listing).

Asters is pleased to announce that Alexey Khomyakov has joined the firm as counsel specializing in tax, corporate and M&a practices.

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Asters Advises Česká Exportni Banka on the Loan Agreement with Ukrainian Glass Producer

January 2012. Press Releases by Asters (view listing).

Asters acted as a legal advisor to Česká Exportni Banka (CEB), one of the leading Czech banks, in connection with providing USD 11.5 million secured loan to Volnogorskoe steklo Ltd, a major Ukrainian glass producer.

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Asters Advises a Syndicate of Lenders on Interpipe's USD 887 Million Debt Restructuring

January 2012. Press Releases by Asters (view listing).

Asters acted as Ukrainian legal counsel to Barclays Capital, Citigroup, Credit Agricole Corporate and Investment Bank, Intesa Sanpaolo S.p.A. London Branch, ING Bank, N.V. and SACE, an Italian export credit agency, in connection with the restructuring of Interpipe's debt portfolio of USD 887 million. Interpipe is one of Ukraine's largest producers of pipe products and railway wheels, supplied to more than 80 countries all over the world through a chain of commercial offices located in Ukraine, Russia, Kazakhstan, Europe, the USA and the Middle East.

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Asters Tops the List of Ukraine's 50 Best Law Firms in 2011

December 2011. Press Releases by Asters (view listing).

Based on its overall performance in 2011 Asters is Law Firm No.1 in Ukraine according to the results of annual research "50 Leading Law Firms of Ukraine" published by Ukrainian weekly Yuridicheskaya Praktika (Legal Practice) jointly with Publishing House Kommersant-Ukraine on 6 December 2011.

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Asters Advises Etex Group on Acquisition of the Ukrainian subsidiaries of Lafarge SA

November 2011. Press Releases by Asters (view listing).

Asters acted as a Ukrainian legal counsel to Etex Group, a leading international producer of building materials and systems with headquarters in Belgium, in connection with its acquisition of ALC Lafarge Gips and LLC Lafarge Gips Ukraine, which are Ukrainian subsidiaries of Lafarge SA, a top-ranked French manufacturer of building materials, such as cement, concrete and gypsum. Asters' advice included a full-blown due diligence of the Ukrainian companies, structuring the transaction, drafting relevant documentation, and negotiation with the seller.

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Asters Advises Sintal Agriculture on Acquisition of Agrica Agriholding

November 2011. Press Releases by Asters (view listing).

Asters advised Sintal Agriculture, a large agro-industrial holding in Ukraine, on acquisition of 100% of the shares in Agrica agricultural company from Icon Private Equity, a direct investment fund. Asters, jointly with Visum Capital Investment Company, acted as a legal counsel to Sintal Agriculture.

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Asters Advises EBRD on USD 79 million Financing to EMSS

November 2011. Press Releases by Asters (view listing).

Asters advised European Bank for Reconstruction and Development (EBRD) with respect to a USD 79 million loan to EnergoMashSpetsStal (EMSS), one of Ukraine's major machine-building companies, which produces custom-made parts for wind and nuclear power generation units, the steel industry and shipbuilding.

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Vadym Samoilenko and Oleksandr Padalka Received State Awards

September 2011. Press Releases by Asters (view listing).

On 2 September 2011 the Ukrainian House in Kyiv hosted the National Forum and Honorable Reception on the Entrepreneur's Day under the auspices of the Ukrainian National Committee of the International Chamber of Commerce (ICC).

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Armen Khachaturyan, Oleksiy Didkovskiy, Igor Svechkar are Among the Most Renowned Ukrainian Lawyers

September 2011. Press Releases by Asters (view listing).

The newspaper Yuridicheskaya Practika published the 9th issue of the periodical "Ukrainian Law Firms 2011. The Annual Market Survey".

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Asters Advises PRAVEX-BANK on Agreement with IBM

September 2011. Press Releases by Asters (view listing).

Asters counseled PRAVEX-BANK regarding long-term agreement with IBM on maintenance services for a new data center based on an IBM Power® 780 server. Asters' lawyers in cooperation with PRAVEX-BANK legal department provided full-service legal support of the transaction both on the drafting and negotiation stages.

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Asters acted as Ukrainian law counsel to VimpelCom

August 2011. Press Releases by Asters (view listing).

By its subsidiary VimpelCom Holdings B.V.

Asters advised VimpelCom, a leading international telecommunications holding and Kyivstar's parent, on USD 2.2 billion debt financing with 3-year floating rate guaranteed notes, long 5-year guaranteed notes and long 10-year guaranteed notes, all guaranteed by VimpelCom Holdings' subsidiary OJSC "Vimpel-Communications".

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Asters advises PUMB on its merger with Dongorbank

July 2011. Press Releases by Asters (view listing).

Asters acted as a legal counsel to the First Ukrainian International Bank (PUMB) in connection with its merger with Dongorbank. The legal advice on the deal included consulting on the banks reorganization issues, drafting necessary documents, and assistance in coordination of the merger process.

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Asters is a General Partner of Investment Salon Kharkiv 2011

July 2011. Press Releases by Asters (view listing).

Asters acted as a general partner of the Investment Salon Kharkiv 2011 organized by Investment Group Avantazh Capital and Communication Group PRT on 9-10 June 2011. Baker Tilly Ukraine and the Warsaw Stock Exchange also acted as general partners.

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Asters Managing Partner Is On the List of Practitioners of Vienna International Arbitral Centre

July 2011. Press Releases by Asters (view listing).

Oleksiy Didkovskiy, Asters' managing partner, has been included into the List of Practitioners of the International Arbitral Centre of the Austrian Federal Economic Chamber (Vienna International Arbitral Centre – VIAC).

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Asters Partner Elected to the Board of the Ukrainian Bar Association

July 2011. Press Releases by Asters (view listing).

Vadym Samoilenko, Partner of Asters, was elected to the Governing of the Ukrainian Bar Association (UBA) at the General Meeting of UBA held on 10 May in Odessa within the framework of VIII Annual Legal Conference of UBA.

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Asters Advises Molson Coors on Carling Launch in Ukraine

July 2011. Press Releases by Asters (view listing).

Asters advises Molson Coors, a leading global brewer, on Ukrainian contract, IP, and tax law issues as well as currency control regulations pertaining to the agreement with Obolon brewery to brew, package and distribute in Ukraine the UK's most popular beer, Carling.

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Asters Attends the CEE IPO Summit in Warsaw

June 2011. Press Releases by Asters (view listing).

Dmytro Marichev, Counsel and Oleksiy Demyanenko, Associate with Asters attended the 1st Central and Eastern Europe IPO Summit.

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Igor Svechkar Wins the Best Competition Lawyer in Ukraine in National Legal Awards 2011

June 2011. Press Releases by Asters (view listing).

Igor Svechkar, Asters partner chairing the firm's competition practice, has been recognized as the best lawyer in competition by one of the most prestigious awards in Ukraine, Legal Awards 2011 reconfirming his preeminence in this area of practice.

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Asters Advises IFC on $10 million Financing to Euro Leasing

June 2011. Press Releases by Asters (view listing).

Asters acts as a legal counsel to the International Financial Corporation (IFC), a member of World Bank Group, in connection with $10 million long-term debt financing to Ukraine's Euro Leasing company. Euro Leasing is a leading private leasing company in Ukraine and part of Atoll Holding Group.

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Tamara Lukanina Joining Asters as Associated Partner

June 2011. Press Releases by Asters (view listing).

Tamara Lukanina has joined Asters as an Associated Partner at the Banking, Finance and Securities practice group.

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Asters Advises IFC on Financing to Agricultural Producer Mriya

June 2011. Press Releases by Asters (view listing).

Asters acts as a legal advisor to International Financial Corporation (IFC), a member of World Bank Group, in connection with providing a $35 million three-year renewable working capital facility to Mriya.

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Asters is the Most Popular Law Firm for Ukrainian Clients According to Building.ua

April 2011. Press Releases by Asters (view listing).

Voting results of Building.ua, real estate and construction Internet portal, acknowledged Asters as the most in-demand Ukrainian law firm for clients. Portal visitors gave Asters 21% of their votes, selecting the firm from the list of leading Ukrainian law companies operating on the market.


 

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Oleksiy Didkovskiy Recognized as One of Ukraine’s Top Managers

April 2011. Press Releases by Asters (view listing).

Oleksiy Didkovskiy, Asters' managing partner, has been simultaneously acknowledged in two ratings by the Ukrainian independent survey "TOP-100. Best Top Managers of Ukraine". This year the editorial staff studied key styles and distinctive characteristics of the local top-management. The winners were awarded at a gala ceremony in the Opera hotel on 19 April 2011.

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Asters Acknowledged Among Socially Responsible Companies in Ukraine

April 2011. Press Releases by Asters (view listing).

GVardia magazine rated Asters among most socially responsible companies in 2011.

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Asters Shortlisted for Chambers Europe Awards 2011

April 2011. Press Releases by Asters (view listing).

Asters has been shortlisted for the Chambers Europe Awards for Excellence 2011 as one of the leading Ukrainian law firms demonstrating remarkable work, excellent results in key practice areas, and outstanding client service during the past year. The winner of the award will be announced on 5 May 2011 at the Chambers Europe Awards ceremony in Amsterdam. Partner Mr. Igor Svechkar, a leader of firm's Competition practice will represent Asters on the ceremony

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Oleksiy Didkovskiy Nominated Person of the Year 2010 in Nationwide Program

March 2011. Press Releases by Asters (view listing).

Asters managing partner Oleksiy Didkovskiy was nominated in the Lawyer of the Year category of the national program Person of the Year 2010. The results of expert voting were tabulated and the laureates of this year's anniversary program were bestowed respective diplomas during a special reception conducted on 15 March 2011. The selections of those to become laureates are made by the High Academic Council of Ukraine on an annual basis.

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Ukrainian Parliament Passes Amended Procedure of Court Decision Enforcement

March 2011. Press Releases by Asters (view listing).

On 4 November 2010, the Ukrainian Parliament passed a restatement (the "Restatement") of the Enforcement Procedure Law (the "Law") that became effective on 9 March 2011. The Restatement aims at improvement of enforcement of court decisions and cures inconsistencies in the Law.

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Legal Developments by:
Asters

  • NBU Introduces Changes to Cross-Border Loan Registration Procedure

    On 15 June 2012, the Board of the National Bank of Ukraine (the "NBU") adopted Regulation No. 246 introducing amendments (the "Amendments") to the procedure of obtainment by residents of foreign-currency loans from non-residents and providing by residents of foreign-currency loans to non-residents (the "Procedure") set forth in NBU Regulation No. 270. The Amendments shall come into force 4 months after the date of registration by the Ministry of Justice, which occurred on 9 July 2012.
    - Asters

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.