Amendments To Turkish Fx Rules Re. Contracts Denominated In Foreign Currency
2018 has been a turbulent year in the Turkish economy and by extension significant changes has taken place in the Turkish foreign exchange rules which was mainly triggered by the recent overshooting in the foreign exchange rates against Turkish lira.
Residential land amendments mark new era in New Zealand’s overseas investment regime
The Overseas Investment Amendment Bill (the Bill) was passed yesterday after its third and final reading. It is likely to receive Royal assent this month. Once that occurs, the provisions of the Bill that limit the ability of overseas persons to purchase residential property in New Zealand and the changes in the regime governing overseas …
Serbia Enacts a New Data Protection Law
In light of the new EU data protection scheme, shaped by the GDPR, Serbia has enacted a new Data Protection Law on 9 November 2018, with its' applicability postponed for 21 August 2019. The new law was long-awaited: it has been 10 years since the existing law was passed, which was even at that moment …
KFTC to Expand Scope and Penalties of Korea’s Antitrust Enforcement Regime
Korea’s competition authority, the Korea Fair Trade Commission (the “KFTC, has announced a proposal to expand its existing enforcement authority to the courts and prosecutors through a full-scale reform of the Monopoly Regulation and Fair Trade Act, Korea’s primary competition statute. If all proposed reforms are passed by the National Assembly as currently drafted, the …
Continue reading “KFTC to Expand Scope and Penalties of Korea’s Antitrust Enforcement Regime”
Maryna Hritsyshyna joins Sayenko Kharenko
Sayenko Kharenko’s energy practice acquired top industry talent to consolidate all of the firm’s work and expertise in the sector Maryna Hritsyshyna joins Sayenko Kharenko after spending almost seven years at WIND POWER LLC, sub-holding of DTEK RENEWABLES. Maryna specializes in renewables projects, energy market, and dispute resolution in the energy sector. Being responsible for …
Continue reading “Maryna Hritsyshyna joins Sayenko Kharenko”
Svitlana Musienko joins Sayenko Kharenko as a partner
Svitlana Musienko joins Sayenko Kharenko as a partner Sayenko Kharenko has strengthened its tax practice with a new partner hire. Svitlana Musienko brings 20 years of professional experience advising major international companies and the largest Ukrainian business groups on domestic and international tax planning, transfer pricing, tax issues, corporate law, and investment structuring. Prior to …
Continue reading “Svitlana Musienko joins Sayenko Kharenko as a partner”
Bribery And The Risk It Poses To Technology Companies
With Microsoft’s activities in Hungary having come underinvestigation, Nicola Sharp explains why those at the cutting edge oftechnology need to be aware of the age-old dangers of bribery.
Bär & Karrer Advises the Banking Syndicate in the Rights Offering of ARYZTA
On 19 November 2018, ARYZTA, a global food business with a leadership position in speciality bakery, completed a capital increase by way of a rights offering structured as a volume underwriting in the amount of approximately CHF 900 million. 97.4% of the shareholders of ARYZTA exercised their subscription rights in the rights offering. The new …
Continue reading “Bär & Karrer Advises the Banking Syndicate in the Rights Offering of ARYZTA”
Sayenko Kharenko advised on USD 2 billion dual-tranche Eurobond issue by Ukraine
Sayenko Kharenko advised on USD 2 billion dual-tranche Eurobond issue by Ukraine Sayenko Kharenko acted as Ukrainian legal counsel to BNP Paribas, Goldman Sachs, Citigroup and J.P. Morgan Securities, joint lead managers of USD 2 billion Eurobond issue by Ukraine. The issue comprises USD 750 million notes due 2024 and USD 1.25 billion notes due …
Continue reading “Sayenko Kharenko advised on USD 2 billion dual-tranche Eurobond issue by Ukraine”
Sayenko Kharenko advises AB InBev Efes B.V.
Sayenko Kharenko advises AB InBev Efes B.V. on mandatory tender offer and sell-out procedures with respect to SUN InBev Ukraine Sayenko Kharenko has acted as Ukrainian legal counsel to AB InBev Efes B.V. with respect to acquisition of shares of PJSC “SUN InBev Ukraine” from minority shareholders under the new procedures for mandatory tender offer …
Continue reading “Sayenko Kharenko advises AB InBev Efes B.V.”