The Legal 500

Legal Developments in Ukraine

• Antitrust Compliance Program in Ukraine: Current Status and Development Prospect

  Mykola Stetsenko, Managing Partner, AVELLUM
  - Avellum

• Recent Legal Developments in Renewable Energy Sector

  Glib Bondar, Partner, AVELLUM
  - 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.
  - Avellum

• 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.
  - Avellum

• 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.
  - Astapov Lawyers International Law Group

• 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.
  - Astapov Lawyers International Law Group

• Proper notices in arbitration – watch the details!

  Article V1(b) of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, better known as the New York Convention, provides that recognition and enforcement of a foreign arbitral award may be refused, at the request of the party against which it is invoked, only if that party furnishes proof to the competent authority where the recognition and enforcement is sought that it was not given proper notice of the appointment of the arbitrator or of the arbitration proceedings. However simple at first glance, the question of what constitutes 'proper notice' turns out to be less than clear in practice.
  - Astapov Lawyers International Law Group

• Is the Door to England Still That Wide Open for CIS Disputes?

  6 February has marked lawyers’ calendars with an important message from the UK Supreme Court: English courts will not accept the jurisdiction over a dispute having the “centre of gravity” in another country. AstapovLawyers' Managing Partner Andrey Astapov and Associate Anna Kombikova comment on a recent CIS precedent.
  - Astapov Lawyers International Law Group

• Time limit for forwarding arbitral award to parties extended

  The Presidium of the Ukrainian Chamber of Commerce and Industry (UCCI) recently amended Article 52 of the Rules of the International Commercial Arbitration Court (ICAC) at the UCCI. This article governs the procedure for forwarding an arbitral award to the parties to arbitration proceedings.
  - Astapov Lawyers International Law Group

• Enforcing arbitral awards against Ukrainian bankrupt companies

  Eugene Blinov and Anna Kombikova of AstapovLawyers ILG commented on peculiarities of enforcement of arbitral awards against Ukrainian bankrupt companies. The lawyers noted the risks connected with such cases and suggested possible solutions.
  - Astapov Lawyers International Law Group