The Legal 500

CMS Cameron McKenna LLC

6TH FLOOR, 38 VOLODYMYRSKA STREE, 01034 KYIV, UKRAINE

What we say about the firm's legal practice in Ukraine

Banking, finance and capital markets

Within Banking, finance and capital markets , CMS Cameron McKenna LLP is a second tier firm,

CMS Cameron McKenna LLC’s Adam Mycyk and Peter Malecek are highly regarded. Recent work includes the cross-border financing of a large grain producer, and the development of enforcement strategies for non-performing loans.

Corporate and M&A

Within Corporate and M&A , CMS Cameron McKenna LLP is a second tier firm,

CMS Cameron McKenna LLC brought in corporate and private equity specialist Graham Conlon from London, who has extensive experience in Central and Eastern European deals, to join Adam Mycyk and Olexander Martinenko. The team advised Electrolux on a factory acquisition, and acted for Intel Capital and International Finance Corporation on the De Novo Data Processing Center joint venture.

Dispute resolution

Within Dispute resolution , tier 4

CMS Cameron McKenna LLC’s ‘vastly experienced’ senior partner Olexander Martinenko advised Krym Petroleum in a complex, multi-party ICC arbitration, and the state of Ukraine in a $23bn dispute with a Russian investor.

Intellectual property

Within Intellectual property , CMS Cameron McKenna LLP is a third tier firm,

Senior associate Oleksandr Molotai leads CMS Cameron McKenna LLC’s team, which represents clients in the pharmaceuticals, agricultural and automotive sectors in IP disputes, due diligence and trade mark protection.

Real estate and construction

Within Real estate and construction , CMS Cameron McKenna LLP is a second tier firm,

CMS Cameron McKenna LLC’s Daniel Bilak has ‘extensive knowledge of the local market’. His clients include foreign banks, large Ukrainian construction companies and a wind farm developer which he advised on a 200-ha lease.

Tax

Within Tax , CMS Cameron McKenna LLP is a third tier firm,

CMS Cameron McKenna LLC’s Adam Mycyk and Olexander Martinenko regularly advise large corporates on domestic and cross-border tax matters.


Further information on CMS Cameron McKenna LLP

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Hungary

Offices in Budapest

London

Offices in London

South West

Offices in Bristol

Legal Developments by:
CMS Cameron McKenna LLP

  • Access to justice: protective costs orders in planning challenges

    Third parties and competing developers have no rights of appeal to the Secretary of State against planning decisions. Disappointed applicants can appeal to the Secretary of State and can have the merits of the application reconsidered. The only remedy available to a disappointed third party is a challenge by way of judicial review in the High Court on a point of law. The sense of frustration and disempowerment this creates has not been helped by the increasing complexity of the planning process and the use of consultation to legitimise decisions that many perceive may already have been taken.
    - CMS Group

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