Sayenko Kharenko advises EBRD on EUR 15 million financing to OTP Leasing to support SMEs in Ukraine
Sayenko Kharenko acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development (EBRD) on providing a four-year loan of up to EUR 15 million equivalent to OTP Leasing. The loan will be available for disbursement as a UAH synthetic and/or a EUR denominated facilities. It will enable OTP Leasing to finance long-term …
Covid-19: Emergency Situation Regime in Ukraine
On 25 March 2020, the Cabinet of Ministers of Ukraine resolved at its meeting to introduce the emergency situation regime throughout the country for 30 days.
Force Majeure in Ukraine: Legal Aspects
On 17 March 2020, the Parliament of Ukraine adopted Law of Ukraine No. 530-IX On Amendments to Certain Legislative Acts of Ukraine aimed at Preventing the Occurrence and Spread of Coronavirus Disease (COVID-19). The Law also provides for interpreting the “quarantine” as the force majeure.
Company Liquidation: terminating an LLC in Ukraine
The company liquidation is a complex and often long-term process requiring the legislation knowledge and development of a clear and step-by-step plan for winding-up. The company liquidation period in Ukraine depends on just how each step is prepared and complies with the applicable legislation. When liquidating a legal entity, it should be noted that it …
Continue reading “Company Liquidation: terminating an LLC in Ukraine”
Company Liquidation: terminating an LLC in Ukraine
The company liquidation is a complex and often long-term process requiring the legislation knowledge and development of a clear and step-by-step plan for winding-up. The company liquidation period in Ukraine depends on just how each step is prepared and complies with the applicable legislation. When liquidating a legal entity, it should be noted that it …
Continue reading “Company Liquidation: terminating an LLC in Ukraine”
Land Market Opening in Ukraine
On 31 March 2020, the Parliament of Ukraine adopted the Law On Amendments to Some Legislative Acts of Ukraine on the Agricultural Land Circulation. This Law shall introduce the land market in Ukraine from 1 July 2021. Since the date of the Law coming into effect, agricultural land owners shall be entitled to sell their …
Sayenko Kharenko advices for the largest impact-investment pioneer project in Ukraine
Sayenko Kharenko has acted as legal counsel to Promprylad. Renovation, the largest impact-investment enterprise in Ukraine.
Sayenko Kharenko advises on disposal of majority stake in Luxoptica Group and creation of JV
Sayenko Kharenko has acted as legal counsel to OH Holding Limited in relation to the sale of a 51% stake in the Luxoptica group of companies (Luxoptica Group) and the creation of a joint venture with Essilor Nederland Holding B.V., a subsidiary of EssilorLuxottica, the world’s largest manufacturer of eyewear products.
Sayenko Kharenko represented a group of companies that owned one of the largest organic plants
Sayenko Kharenko successfully defended interests of a group of companies (the “Group”) owning one of the largest plants in Ukraine producing organic material used in the chemical industry and the fuel and energy sector.
Employment Relations in Ukraine at the Time of Quarantine
Since 12 March 2020, quarantine has been introduced throughout Ukraine to combat COVID-19. It will last for three weeks (it is quite possible that the quarantine will be extended) and will significantly affect the activities of most business entities.