The Legal 500

Legal Developments in Ukraine

• AVELLUM advises Dobrobut on investment by Horizon Capital

  AVELLUM acted as the legal counsel to Dobrobut, the leading private healthcare services provider in Ukraine, and its shareholders on the disposal of a minority stake in Dobrobut to Horizon Capital.
  - Avellum

• AVELLUM advises EBRD on another large renewable energy financing deal

  AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”>) and Nederlandse Financierings – Maatschappij voor Ontwikkelingslanden N.V. (“FMO ”) in connection with a senior secured loan to LLC “Chysta Enerhiia-2011” in the total amount of up to EUR 24.5 million (and each 50%).
  - Avellum

• 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

• Sayenko Kharenko advises VR Capital on establishment of a joint venture to develop solar power plant

  Sayenko Kharenko has acted as Ukrainian legal counsel to VR Capital on the establishment of a joint venture with Volterra Energy Group, the developing partner. The joint venture company is set to develop a number of solar power plant projects throughout Ukraine.
  - Sayenko Kharenko

• Sayenko Kharenko advises EBRD on synthetic UAH loan facility to Ukreximbank to support small and med

  Sayenko Kharenko has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing a dual-tranche UAH-denominated loan equivalent to USD 25 million to JSC “The State Export-Import Bank of Ukraine”. The synthetic local currency loan provides access to UAH loan funds for eligible SME borrowers.
  - Sayenko Kharenko

• Sayenko Kharenko advises VR Capital on acquisition of 50% stake in 11 solar park projects

  Sayenko Kharenko has acted as Ukrainian legal counsel to VR Capital on the acquisition of 50% of shares in Nicken Holdings LTD from Investment Capital Ukraine (ICU).
  - Sayenko Kharenko

• Sayenko Kharenko advises Horizon Capital on Dobrobut investment

  Sayenko Kharenko has acted as legal counsel to private equity firm Horizon Capital regarding acquisition of a minority stake in Dobrobut, the leading private healthcare provider in Ukraine. Dobrobut operates a network of private clinics and hospitals in Kyiv staffed by qualified professionals and equipped with modern medical equipment, providing quality care to their patients.
  - Sayenko Kharenko

• Sayenko Kharenko advises on World Bank-guaranteed EUR 529 million facility to Ukraine

  Sayenko Kharenko has acted as Ukrainian legal counsel to Deutsche Bank as the lender and arranger of a EUR 529 million facility extended to Ukraine under a guarantee from the International Bank for Reconstruction and Development. 
  - Sayenko Kharenko

• AVELLUM advises ICU on sale of 50% stake in 11 solar park projects

  AVELLUM acted as the legal counsel to Investment Capital Ukraine (“ICU ”) on the complex M&A transaction involving:
  - Avellum

• Competitors as accomplices

  In 2019, it is getting apparent that violations of antitrust law, in particular in the area of ​​anticompetitive concerted actions (for example, price collusion of oil traders or food products wholesalers) not only become dangerous due to the sanctions of the Antimonopoly Committee of Ukraine (hereinafter referred to as the AMCU), but also add a competitive intrigue to the principle – who will be the first who declare to the AMCU.
  - DLF attorneys-at-law