Avellum > Kyiv, Ukraine > Firm Profile

Avellum
Senator Business Center, 12th Floor
32/2 Moskovska St.
01010, Kyiv
Ukraine

Ukraine > Banking, finance and capital markets Tier 1

Avellum

Practice head(s):

Glib Bondar

Other key lawyers:

Oleg Krainskyi

Testimonials

‘Glib Bondar is better than the opposition.’

‘Avellum has a great, highly-skilled and experienced law team, ready to help you almost 24/7 with high-quality results. They try to be useful to their clients and very honest with you even in a difficult situation, which helps to find solutions easily. It is nice to work with a team which thinks several steps ahead and gives you valuable advice.’

‘Glib Bondar demonstrates a very helpful strategic view in difficult situations professionally.’

‘Oleg Krainskyi is professional, and all contracts/transactional documents are prepared on time and without any issues. Great job.’

‘The team is ultra-professional, knows inside out the legal regime around Ukraine’s sovereign debt/treasury and debt management and handles smoothly all the internal/administrative processes associated with the borrower side of these processes. They are a reliable and long-term partner to our firm in our long-standing work together.’

‘Glib Bondar contributes effectively when required and has gravitas. Oleg Krainskyi is increasingly prominent and has taken on a more leading role very effectively. They are both highly engaged, responsive and co-ordinate the wider associate team effectively.’

Key clients

Ministry of Finance of Ukraine

National Power Company “Ukrenergo”

The State Road Agency of Ukraine (“Ukravtodor”)

European Bank for Reconstruction and Development

JP Morgan

Metinvest B.V.

Work highlights

  • Advised the Ministry of Finance of Ukraine, the State Road Agency of Ukraine and the National Power Company on their consent solicitations.
  • Assisted Ukrenergo with its issue of $825m worth of 6.875% notes guaranteed by Ukraine.
  • Assisted the Ministry of Finance of Ukraine with several long-term concessional loans from Canada, totalling $‎1.95bn.

Ukraine > Commercial, corporate and M&A Tier 1

Avellum

Practice head(s):

Mykola Stetsenko

Other key lawyers:

Yuriy Nechayev

Testimonials

‘The team’s market knowledge and expertise are huge. When it comes to complex and high-profile M&A deals, they are a top-choice law firm for me.’

‘Mykola Stetsenko is, without a doubt, the best M&A lawyer in Ukraine. He is an absolute troubleshooter in negotiations. Yuriy Nechayev has a strategic vision for all aspects of the deal. His advice is always clear, detailed and brilliant at the same time.’

Key clients

JSC “Kaspi.kz”

B.S.A. International SA (Lactalis)

Diligent Capital Partners

Myronivsky Hliboproduct

Volt Resources Limited

Concorde Capital

Kernel

Investment Capital Ukraine

Work highlights

  • Advised JSC Kaspi.kz on the acquisition of 100% shares in Portmone Group by Kaspi Pay, a wholly owned subsidiary of Kaspi.kz.
  • Advised Lactalis, a French multinational dairy products corporation, on Ukrainian law matters in connection with an acquisition of PJSC “Bel Shostka Ukraine”.
  • Advised Volt Resources Limited on the acquisition of 70% stake in the Zavallivskyi Graphite Group Volt.

Ukraine > Competition Tier 1

Avellum

Practice head(s):

Mykyta Nota

Other key lawyers:

Mykola Stetsenko

Testimonials

‘Avellum has a premium competition team with exceptional expertise and particular strength in competition litigation, merger control and investigations. The team handles highly complex matters with multiple stages and works very well throughout them.’

‘Mykyta Nota is an excellent competition partner with a very broad background. He has been instrumental in guiding us through some unique and complex issues clearly and concisely.’

‘Avellum has an excellent antitrust team – at the very top and with the best and unique expertise and experience, which are second to none. They can use their expertise and experience to provide practical and hands-on advice, which is very useful.’

‘Partner Mykyta Nota is a true professional, leads the team very well and is very helpful. He is an outstanding practitioner, with deep knowledge of the regulator’s practice, explores all possible aspects, provides possible solutions, and is outstanding.’

‘Avellum is one of the top-notch competition law firms in Ukraine. The team uniquely combines litigation and competition skills. The practice also provides sharp advice on the whole range of competition matters and is brilliant in handling high-profile and complex merger control filings. The team has great relations with competition authorities – understanding the way that they work.’

‘Mykyta Nota is doing a fantastic job. He brings incredibly comprehensive knowledge and knows how to handle delicate situations.’

‘Avellum enjoys a superb reputation for work across all aspects of Ukrainian competition law. The quality of advice is consistently excellent. The team offers exceptional merger control capabilities, often leading high-profile and complex filings. Also, the team has a market-leading competition litigation practice that distinguishes it from the rest of the market.’

‘Mykyta Nota has a wealth of experience in competition law. He is excellent in both his process and results. He has always been a key factor in our work with competition law. He has a keen sense for finding solutions for complicated situations.’

Key clients

Mondelez

The Saudi Agricultural and Livestock Investment Company

National Power Company “Ukrenergo”

Interstarch Ukraine

Quarter Partners

Ufuture

Continium Group Ukraine

JSC “Kaspi.kz”

Diligent Capital Partners

JSC “CNVCIF “Greenville” and NEST

Work highlights

  • Represented Interstarch Ukraine in case against the Antimonopoly Committee of Ukraine regarding the alleged abuse of dominant position by Interstarch Ukraine.

Ukraine > Dispute resolution Tier 1

Avellum

Practice head(s):

Kostiantyn Likarchuk; Vadim Medvedev; Mykyta Nota

Other key lawyers:

Andriy Fortunenko; Lyudmyla Volkova

Testimonials

‘Avellum dispute resolution team is best in class. They drive results in a highly professional manner and provide high-quality service on tight timelines to ensure the job is done properly.’

‘Firm’s main strength is its commitment to delivering the best possible results. They are always prompt and clear with their responses. They can deal with multi-jurisdictional issues. They can manage cases which involve both legal and financial issues.’

‘They can easily identify the key issues and know how to tackle any problems that may arise.’

‘It’s an outstanding firm with very experienced lawyers. The team always had the clients in mind and insisted on being involved even when Ukraine was at the early stage of the invasion.’

‘Mykyta Nota is an outstanding lawyer and excellent in evaluating new and sometimes game-changing aspects of a case.’

‘Cooperation with Avellum is always productive and helpful. As for me, their unique feature is the client-oriented approach, when a legal opinion is practical and relevant just to the client’s circumstances.’

‘Strategically focused and extremely clever. The Avellum team is superb and completely in tune with western practice and procedure.’

‘Avellum is a high-powered law firm with exceptional market presence in Ukraine, especially given the relatively young age of the firm and its principals.’

Key clients

Petro Poroshenko

Ministry of Justice of Ukraine

Ms Lesya Sofiyenko

Stockman Interhold SA

Ms Ganna Tigipko

Lanet Telecom

Mr Yakov Gribov

Prodigy Finance Ltd

Kernel

Shareholders of Fintech Band LLC

British American Tobacco Group

Group of shareholders of Fintech Band LLC (Monobank brand)

Nadezhda Group

Caterpillar

ILTA Origination LLC

LLC Urozhaina Kraina

PJSC Galicia Distillery

Miniso

Work highlights

  • Represented Petro Poroshenko, 5th President of Ukraine, in a high-stake cross-borderlitigation before the High Court of Justice.
  • Represented a group of shareholders of Fintech Band LLC in a complex dispute with their former business-partner Mr Dmytro Dubilet and his UK company Fintech Farm.
  • Represented Nadezhda group in a dispute with the AntimonopolyCommittee of Ukraine.

Ukraine > Employment Tier 1

Avellum

Practice head(s):

Mykola Stetsenko

Testimonials

‘The company employs professional employees, who are familiar with the peculiarities and subtleties of Ukrainian legislation. In addition to this, knowledge of EU legislation is also their strength.’

‘Our company works mainly with Bogdana Parkhomchuk, and we are completely satisfied with our cooperation. Bogdana always tries to help and provide comprehensive advice on our requests. Sometimes this happens even outside of working hours.’

Key clients

ClinTec International

Euromoney

Volt Resources Ltd

Adam Smith International

Work highlights

  • Advised ClinTec International, an international clinical research organisation, on all employment issues of its operations in Ukraine.
  • Advised Euromoney on various employment matters, including structuring the employment relations, establishing a remote work, relocation of their employees, etc.
  • Advised Adam Smith International on various matters related to establishing their presence in Ukraine and engaging Ukrainian consultants.

Ukraine > Private client Tier 1

Avellum

Practice head(s):

Vadim Medvedev

Other key lawyers:

Kostantyn Likarchuk; Anton Zaderyholova; Mykola Stetsenko

Testimonials

‘I would definitely recommend Avellum. They have a really great team of bright and experienced lawyers, who are always ready to help.’

‘I know for sure when I come to Avellum, my problems will be solved in the fastest and best possible way.’

‘No doubt, Anton Zaderyholova is the best tax professional in Ukraine! His client-oriented and problem-solving approach and creative thinking helps to successfully implement any project of any level of complexity.’

‘Avellum are competent cross-border tax advisors. I like their ability to handle international work. It is unbelievable how they manage to maintain their practice under the current circumstances.’

‘Anton Zaderyholova is the tax partner I have worked with. He responsively handles sophisticated international tax issues. Anton communicates very well in English which is critical to my clients’ dealings in that region.’

‘The most valuable characteristic of every person on the team is their dedication to the task and willingness to do more and go further. And their outstanding communication practices. They are always available. Shout out to Kostantyn Likarchuk and Vadim Medvedev.’

Key clients

Petro Poroshenko

Sequent

Ukraine > Real estate and construction Tier 1

Avellum

Practice head(s):

Maksym Maksymenko

Testimonials

‘I am very pleased with the level of service, attitude and ability to meet tight deadlines. They understand the local terrain and add value to our projects. I found them highly professional.’

‘Maksym Maksymenko is responsive and understands the client’s needs. He is a very solution-oriented lawyer who thinks outside the box and is good at identifying legal issues that could potentially arise.’

‘Our company always has extra important issues that need immediate resolution. Avellum lawyers are always open to active and effective cooperation in the shortest possible time. Avellum lawyers approach the project creatively, have deep expertise and are attentive to details.’

‘Maksym Maksymenko not only evaluates the issues from the side of legislative regulation but also evaluates how to effectively solve issues in the business sphere. Within an active discussion of the report on the results of legal services, Maksym Maksymenko will always point out the most important aspects so that the client can make the right decision on how to act in a problematic situation.’

‘Maksym Maksymenko showed himself as a client-oriented and dedicated lawyer. His organisational skills, along with his friendly personality and professionalism, make him the ideal lawyer for sophisticated and extraordinary assignments.’

‘One of the team’s greatest advantages is a comprehensive and deep understanding of the legislation governing real estate investments, including by-laws and local acts. It allows the firm to, firstly, asses all the potential risks and complications that might arise during the project with impressive precision and, secondly, develop effective strategies to fix or mitigate them. Avellum has a remarkable understanding of the current affairs in the real estate and construction sector.’

‘The real estate and construction team at Avellum has very strong expertise and market knowledge. They consistently provide clear and thorough advice. The team is particularly effective in the transactional context and has solid experience of working on complex transactions.’

‘Maksym Maksymenko is a very knowledgeable, proactive and client-oriented partner. He is always on top of things, able to provide exhaustive advice and come up with effective solutions to complex legal issues. Maksym Maksymenko is a strong negotiator and always excellent with clients.’

Key clients

The Ministry of Infrastructure of Ukraine

Lactalis

The State Road Agency of Ukraine

RIEL

Toppan Merrill GmbH

LLC “Masnavi Ukraine”

DTEK

Weisenburger Bau, Verwaltung GmbH

Work highlights

  • Advised Lactalis, a French multinational dairy products producer, on real estate matters related to the acquisition of Bel Shostka Ukraine.
  • Advised a Ukrainian high-net-worth-individual and investor on modular house construction in the Kyiv suburbs for those who had suffered as a result of the conflict.
  • Advising the Ministry of Infrastructure, on a pro bono basis, on the potential update of laws in order to booster real estate restoration processes after the conflict.

Ukraine > Tax Tier 1

Avellum

Practice head(s):

Vadim Medvedev

Other key lawyers:

Anton Zaderyholova

Testimonials

‘With this firm, I get the complete package – they are responsive, diligent, efficient, fast and super client-oriented. The very well-coordinated team helped us to determine all potential risks and find the most suitable solutions.’

‘Vadim Medvedev and Anton Zaderyholova are very skilled, serious and efficient. They are really strong both theoretically and practically.’

Key clients

The Ministry of Finance of Ukraine

National Power Company “Ukrenergo”

The State Road Agency of Ukraine

Lactalis

Work highlights

  • Advised National Power Company “Ukrenergo” on tax matters of its $825m of 6.875% notes guaranteed by Ukraine.
  • Represented the State Road Agency of Ukraine in tax matters of a debut $700m issue of 6.25% guaranteed notes due 2028 with a benefit of the sovereign guarantee.
  • Advised B.S.A. International SA (Lactalis Group) on analysing tax risks of the proposed deal structure related to the sale of some companies within the Bel Group to Lactalis Group.

Ukraine > Energy Tier 2

Avellum

Practice head(s):

Glib Bondar

Key clients

Ukrenergo

DTEK Group

EBRD

Volt Resources Limited

Work highlights

  • Assisted National Power Company “Ukrenergo” with its $825m of 6.875% notes guaranteed by Ukraine.
  • Advised DTEK Group on the debt restructuring under the two inter-conditional English schemes of arrangement for DTEK Energy B.V. and DTEK Finance PLC.
  • Advised EBRD on regulatory matters in connection with the updated model power purchase agreement circulated by State Company “Guaranteed Buyer”.

Ukraine > Intellectual property Tier 2

Avellum

Practice head(s):

Mykola Stetsenko

Key clients

Sulphur Mills Limited

Wizz Air Hungary Zrt.

GSH Trademarks Limited

Medi GmbH & Co. KG

Kaufland Dienstleistung GmbH & Co. KG

Burning Man Project

Miniso Hong Kong Limited

Roshen Confectionery Corporation

Kaspi.kz JSC

Lactalis

Work highlights

    Ukraine > International trade Tier 2

    Avellum

    Practice head(s):

    Vadim Medvedev

    Key clients

    Medi GmbH & Co. KG

    Miniso Hong Kong Limited

    Jacobs Ukraine

    Ferrit s.r.o.

    LLC Urozhaina Kraina

    MB Group

    Inditex

    Ukraine > White-collar crime Tier 2

    Avellum

    Practice head(s):

    Vadim Medvedev; Andriy Fortunenko

    Other key lawyers:

    Kostiantyn Likarchuk

    Testimonials

    ‘Avellum provides a prompt response with solid expertise.’

    ‘Andriy Fortunenko is a trustful advisor with a great friend expertise on anti-money laundering and fight against fraud.’

    ‘AVELLUM is a team of exceptionally bright lawyers who are practical, focused, quick to respond, and open-minded. They can structure things in simple ways.’

    ‘Andriy Fortunenko has a brilliant mind and always comes up with great ideas. He offers different strategies and always tries to achieve the best result. His performance and level of skills are high.’

    ‘They have in-depth knowledge of what is important in Ukrainian criminal cases and go to great lengths to achieve the client’s goals. They can handle tens of thousands of pages of documents and high workload in an efficient manner.’

    ‘Andriy Fortunenko has vast knowledge and experience with criminal issues relating to restructuring and international transactions. Very importantly, he also understands the connection between criminal law, civil and commercial law and economics very well.’

    Key clients

    Group of shareholders of Fintech Band LLC

    Uber

    Mr Mikhailo Zabrodskiy

    Admitad

    JSC Universal Bank

    888 Holdings

    Work highlights

    • Represented a group of shareholders of Fintech Band LLC in a case involving the allegations of theft of intellectual property rights.
    • Assisted 888 Holdings’s business model with a risk-based analysis of a compliance with the newly-introduced regulatory framework.

    AVELLUM  is a leading Ukrainian full service law firm with a key focus on  finance, corporate, dispute resolution, tax, real estate, and antitrust. Its aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions. The firm builds lasting relationships with its clients and makes them feel secure in new uncertain economic and legal realities. The firm’s partners take an active role in every transaction and ensure smooth teamwork. AVELLUM seamlessly cooperates with leading international law firms in course of multijurisdictional transactions.

    DepartmentNameEmailTelephone
    Corporate/M&A Mykola Stetsenkomstetsenko@avellum.com
    Banking & Finance Glib Bondargbondar@avellum.com
    International Arbitration Kostiantyn Likarchukklikarchuk@avellum.com
    Corporate/M&A Yuriy Nechayevynechayev@avellum.com
    Tax & Transfer Pricing Vadim Medvedevvmedvedev@avellum.com
    Capital Markets Glib Bondargbondar@avellum.com
    Competition Mykola Stetsenkomstetsenko@avellum.com
    Employment Mykola Stetsenkomstetsenko@avellum.com
    Energy & Natural Resources Glib Bondargbondar@avellum.com
    Litigation Vadim Medvedevvmedvedev@avellum.com
    Competition Yuriy Nechayevynechayev@avellum.com
    Private Client Vadim Medvedevvmedvedev@avellum.com
    Real Estate Maksym Maksymenkommaksymenko@avellum.com
    Restructuring Glib Bondargbondar@avellum.com
    Competition Mykyta Notamnota@avellum.com
    Litigation Kostiantyn Likarchukklikarchuk@avellum.com
    PhotoNamePositionProfile
    Andriy Fortunenko photoMr Andriy FortunenkoAndriy Fortunenko is a Counsel at AVELLUM’s dispute resolution practice. He focuses…
    Maksym Maksymenko photoMr Maksym MaksymenkoMaksym Maksymenko is a Partner at AVELLUM and the Head of Real…
    Vadim Medvedev photoMr Vadim MedvedevVadim Medvedev is a Partner with AVELLUM’s tax practice and specialises in…
    Anton Zaderyholova photoMr Anton Zaderyholova
    Partners : 7
    Counsels : 5
    Associates : 50
    English
    Ukrainian
    Russian
    American Chamber of Commerce
    International Bar Association
    International Fiscal Association
    US-Ukraine Business Council

    AVELLUM PROMOTES MYKYTA NOTA TO COMPETITION PARTNER

    AVELLUM is pleased to announce the promotion of Mykyta Nota to partner effective from 1 January 2022.

    AVELLUM ADVISES ON SUCCESSFUL PRIVATISATION OF BILSHOVYK PLANT

    AVELLUM acted as the legal counsel to the parties in connection with obtaining merger control clearance from the Antimonopoly Committee of Ukraine for privatisation of Joint Stock Company “First Kyiv Machine-Building Plant” (“Bilshovyk Plant”).

    AVELLUM’S COMPETITION PRACTICE WAS HIGHLY RECOMMENDED IN GCR 100 RANKING

    AVELLUM was ranked as a Highly recommended firm in the 2022 edition of Global Competition Review 100 (GCR 100), a comprehensive listing of the world’s best competition practices. 

    Buyers become more demanding with respect to potential targets, AVELLUM’s survey reveals

    AVELLUM for the second time researched how the coronavirus outbreak affected the plans of businesses to purchase or sell assets or companies in Ukraine in the next 6 to 12 months. We surveyed over 90 owners, top managers, and heads of legal departments of Ukrainian and international companies in 2021.

    AVELLUM advises MHP on investment into Foodz

    AVELLUM acted as the legal counsel to its long-standing client MHP in connection with investment into Ukrainian food-tech start-up Foodz. As a result of two rounds of funding, MHP received a minority stake in Foodz.

    AVELLUM advises world’s leading online gaming and betting company in connection with criminal investigation by Ukrainian law enforcement authorities

    AVELLUM conducted a risk-based analysis of the client’s business model in terms of compliance with the newly-introduced regulatory framework and criminal liability risks in Ukraine. The central issue was a criminal investigation into illegal gambling allegations targeting a number of international online gambling companies. Our advice included development of the strategy for liaison with prosecution (including through international legal assistance means) and challenge of web-site blockage orders imposed by Ukrainian courts.

    AVELLUM ADVISES KASPI.KZ ON ACQUISITION OF PORTMONE

    AVELLUM acted as the Ukrainian legal counsel to JSC “Kaspi.kz” (“Kaspi.kz”) in connection with the acquisition of 100% shares in Portmone Group (“Portmone”) by Kaspi Pay, a wholly owned subsidiary of Kaspi.kz.

    Ukraine makes headway with land reform

    The long-awaited Law of Ukraine “On amendments to the Land Code of Ukraine and other legislative acts to improve the governance of land relations and their deregulation” No. 1423-IX (“Law”) entered into force (save for certain provisions).

    AVELLUM advises A-Development on construction of multifunctional real estate complex in Kyiv centre

    AVELLUM acted as the legal counsel to A-Development – one of the leading Ukrainian developers – on the construction of a real estate complex in the centre of Kyiv in the form of a joint investment with a business partner.

    AVELLUM advises on sale of containerboard plant

    AVELLUM acted as legal counsel to investment company Concorde Capital and its partners on the sale of a 72% stake in a containerboard producing company.

    AVELLUM advises Ministry of Finance of Ukraine on EUR116 million financing to purchase patrol boats for State Border Guard Service of Ukraine

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with two loan agreements for a total amount of EUR116 million together constituting official financial support from France to Ukraine aimed at strengthening maritime safety and security of Ukraine.

    AVELLUM advises Diligent Capital Partners on acquisition of minority stake in Edinstvo Group

    AVELLUM acted as the Ukrainian legal counsel to its long-standing client Diligent Capital Partners (“DCP”), a private equity manager, acting together with the Dutch entrepreneurial development bank FMO (“FMO”), in connection with the acquisition of a minority stake in the leading Ukrainian feed producer Edinstvo Group. As a result of the transaction, Edinstvo Group obtained the USD20 million financing that it plans to use to construct a soybean processing plant, expand feed additives production capacity and install additional feed packaging lines.

    AVELLUM advises on Ukraine’s first notes issue listed on London Stock Exchange

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a USD1.25 billion notes issue with an 8-year maturity priced at 6.875% annual yield.

    AVELLUM advises on Ukravtodor’s debut USD700 million Eurobond issue guaranteed by Ukraine

    AVELLUM acted as the Ukrainian legal counsel to (і) the State Road Agency of Ukraine (“Ukravtodor”) on a debut USD700 million issue of 6.25% guaranteed notes due 2028 with a benefit of the sovereign guarantee, and (ii) the Ministry of Finance of Ukraine in connection with the sovereign guarantee. The notes were admitted to listing on the London Stock Exchange.

    AVELLUM advises DTEK on USD2 billion debt restructuring

    AVELLUM acted as the Ukrainian legal counsel to DTEK Group in connection with the debt restructuring under the two inter-conditional English schemes of arrangement for DTEK Energy B.V. and DTEK Finance PLC.

    AVELLUM advises Interpipe on USD300 million Eurobond issue

    AVELLUM acted as the Ukrainian legal counsel to Interpipe Holdings Plc (“Interpipe”) on USD300 million issue of 8.375% guaranteed notes due 2026. The notes were admitted to listing on the Luxembourg Stock Exchange.

    Ukraine makes headway with land reform

    The long-awaited Law of Ukraine “On amendments to the Land Code of Ukraine and other legislative acts to improve the governance of land relations and their deregulation” No. 1423-IX (“Law”) entered into force (save for certain provisions).

    AVELLUM advises A-Development on construction of multifunctional real estate complex in Kyiv centre

    AVELLUM acted as the legal counsel to A-Development – one of the leading Ukrainian developers – on the construction of a real estate complex in the centre of Kyiv in the form of a joint investment with a business partner.

    AVELLUM advises on sale of containerboard plant

    AVELLUM acted as legal counsel to investment company Concorde Capital and its partners on the sale of a 72% stake in a containerboard producing company.

    AVELLUM advises Ministry of Finance of Ukraine on EUR116 million financing to purchase patrol boats for State Border Guard Service of Ukraine

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with two loan agreements for a total amount of EUR116 million together constituting official financial support from France to Ukraine aimed at strengthening maritime safety and security of Ukraine.

    AVELLUM advises Diligent Capital Partners on acquisition of minority stake in Edinstvo Group

    AVELLUM acted as the Ukrainian legal counsel to its long-standing client Diligent Capital Partners (“DCP”), a private equity manager, acting together with the Dutch entrepreneurial development bank FMO (“FMO”), in connection with the acquisition of a minority stake in the leading Ukrainian feed producer Edinstvo Group. As a result of the transaction, Edinstvo Group obtained the USD20 million financing that it plans to use to construct a soybean processing plant, expand feed additives production capacity and install additional feed packaging lines.

    AVELLUM advises on Ukraine’s first notes issue listed on London Stock Exchange

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with a USD1.25 billion notes issue with an 8-year maturity priced at 6.875% annual yield.

    AVELLUM advises Dobrobut’s major shareholders on buyback of Dobrobut’s shares from Horizon Capital

    AVELLUM assisted with the preparation and negotiation of the transaction documents and coordinated completion of the entire transaction. Notably, AVELLUM team advised on the disposal of the stake to Horizon Capital in 2018-2019.

    AVELLUM advises EBRD on EUR50 mln financing of new metro cars for Kyiv Metro

    Proceeds from the EBRD loan will be used to finance the procurement of 50 new metro cars (as well as related services and equipment). These metro cars will carry passengers on one of the Kyiv underground rail network lines. Such an upgrade of the Kyiv metro rolling stock is expected to encourage more people to use modern and efficient public transport instead of their private cars, reducing traffic congestion in Kyiv.

    AVELLUM advises on sale of 3 wind power plants of 49.5 MW total capacity

    AVELLUM provided full legal support to the client in negotiating and drafting the transaction documents.

    AVELLUM advises Furshet on Ukrainian merger control aspects of Furshet’s acquisition by Fozzy Grou

    AVELLUM acted as the legal advisor to Furshet, a Ukrainian supermarket chain, on obtaining merger control clearance from the Antimonopoly Committee of Ukraine for the acquisition of control over Furshet’s retail assets by Fozzy Group.

    AVELLUM closes 2020 with 3 more successful Eurobond deals

    AVELLUM advised on all largest private and sovereign Eurobond issuances and liability management transactions out of Ukraine in 2020. Despite the global turbulence during the year, we are proud to close 2020 with the following successful Eurobond offerings and liability management transactions:

    AVELLUM advises Metinvest on USD333 million Eurobond issue and cash tender offer

    AVELLUM acted as the Ukrainian legal counsel to Metinvest B.V. on:

    AVELLUM advises on sale of AXDRAFT to Onit

    AVELLUM acted as the Ukrainian legal counsel to major shareholders of AXDRAFT, a Ukrainian document automation company, on its sale to Onit. We advised on tax and corporate structuring, as well as transactional matters pertaining to major shareholders.

    AVELLUM advises Nemiroff on first successful privatisation of Ukrspyrt’s alcohol production facility

    AVELLUM acted as the legal advisor to LLC “LVN Limited”, a part of Nemiroff Group (“Nemiroff”) on obtaining merger control clearance of the Antimonopoly Committee of Ukraine (“AMCU”) for the privatisation of a part of assets of Ukrainian State-Owned Enterprise of Alcohol and Liquor Industry “Ukrspyrt” (“Ukrspyrt”).

    AVELLUM advises on Ukraine’s USD2 billion senior notes issue and switch tender offer

     AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the issuance by Ukraine of its new USD2 billion 7.253% senior notes due 2033 (“New Eurobonds”). The new issuance was combined with Ukraine’s first ever switch tender offer in relation to its outstanding USD-denominated 7.75% senior notes due 2021 and USD-denominated 7.75% senior notes due 2022. The New Eurobonds were admitted to trading on the regulated market of Euronext Dublin.

    AVELLUM advises Argus Media Ltd on acquisition of Agritel International

    AVELLUM acted as the Ukrainian legal counsel to Argus Media Ltd on the acquisition of Agritel International, a subsidiary of Agritel, an expert provider of information, consulting, and forecasting on agricultural and agro-industrial markets.

    AVELLUM advises on over USD1.5 billion of Ukraine’s sovereign financings

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine in connection with:

    AVELLUM and AGA Partners represented major mining machinery producer in four disputes before ICAC

    AVELLUM jointly with AGA Partners successfully represented a major CEE-based mining machinery producer in four disputes with a Hong Kong company before the ICAC at the Ukrainian Chamber of Commerce and Industry. The disputes arose under four separate contracts for the supply of mining machinery and equipment to Ukraine amounting to a total of almost EUR6 million.

    AVELLUM has successfully defended its client in arbitration on jurisdictional ground

    AVELLUM successfully represented a Swiss agri-trading company (“Buyer”) in a London-based commodity arbitration initiated by one of major Ukrainian agricultural holdings (“Seller”). The dispute arose based on an Ex Works sale contract and concerned an alleged failure of the Buyer to make a payment.

    AVELLUM advises on acquisition of 33% stake in Ocean Plaza by UDP

    AVELLUM acted as the legal counsel to UDP, a leading Ukrainian development company, on the acquisition of a 33.35% stake in Ocean Plaza, one of the largest shopping and entertainment centres in Ukraine and Europe.

    AVELLUM advises BSTDB on secured loan to Prometey group

    AVELLUM acted as the Ukrainian legal counsel to the Black Sea Trade and Development Bank (“BSTDB”) in connection with a long-term secured loan to Limited Liability Company “Butsefal” and Prometey Swiss SA in the total amount of up to USD10 million.

    AVELLUM advises EBRD on EUR52.5 million loan facility to one of largest shopping malls in Odesa

    AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a long term secured loan to Limited Liability Company “Novi Biznes Poglyady” (“NBP”) in the total amount of up to EUR52.5 million.

    AVELLUM advises on Vodafone Ukraine aqcuisition and Eurobond financings

    AVELLUM acted as the Ukrainian legal counsel to:

    AVELLUM advises on Ukraine’s new benchmark euro-denominated notes

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the second breakthrough issuance of Ukraine’s euro-denominated notes.

    AVELLUM advises joint lead managers on USD100 million Tier 2 Eurobond offering by Ukreximbank

    AVELLUM acted as the Ukrainian legal counsel to J.P. Morgan Securities and Morgan Stanley acting as joint lead managers in connection with USD100 million Tier 2 Eurobond offering by the State Export-Import Bank of Ukraine (“Ukreximbank”).

    AVELLUM advises DTEK Renewables on Debut Green Eurobond Offering

    AVELLUM acted as the Ukrainian legal counsel to DTEK Renewables on a debut EUR325 million 5-year 8.50% green Eurobond offering.

    AVELLUM advises CHG Healthcare on acquisition of Modio Health

    AVELLUM acted as the Ukrainian legal counsel to CHG Healthcare,one of the largest healthcare staffing companies in the US, on the acquisition of Modio Health, a provider of technology solutions for the healthcare industry.

    AVELLUM advises Van Leeuwen Pipe and Tube Group on acquisition of Benteler Distribution Ukraine

    AVELLUM acted as the Ukrainian legal counsel to the Netherlands based Van Leeuwen Pipe and Tube Group on the acquisition of BENTELER Distribution Ukraine, a part of the international distribution division of BENTELER International AG.

    AVELLUM advises UFUTURE on merger control clearance for partial sale of its stake in LvivTech.City

    AVELLUM acted as the legal counsel to UFUTURE on obtaining a merger control clearance of the Antimonopoly Committee of Ukraine for the partial sale of its stake in LvivTech.City.

    AVELLUM advised Metinvest on dual-currency Eurobond issue and tender offer

    AVELLUM acted as the Ukrainian legal counsel to Metinvest B.V. on:

    AVELLUM advises MHP on USD350 million Eurobond issue

    AVELLUM acted as the Ukrainian legal counsel to MHP Lux S.A. (“MHP”) on USD350 million offering of 6.250% notes due 2029 (“Notes”). The transaction was structured as an offering of the Notes guaranteed on a senior basis by MHP SE and certain of its Ukrainian and Cypriot subsidiaries.

    AVELLUM is highly ranked in 20 practices by Ukrainian Law Firms 2019

    Our traditionally strong position in the Ukrainian legal market was reconfirmed in 2019 edition of the Ukrainian Law Firms. A Handbook for Foreign Clients by Yuridicheskaya Praktika.

    AVELLUM’s recognition in 2019 now extends to 20 researched practices compared to 16 practices last year. 9 AVELLUM lawyers were listed as leading individuals or notable practitioners. 


    AVELLUM advises EBRD on infrastructure financing to Negabarit-Service

    AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a senior secured loan of up to EUR2.6 million to Negabarit-Service LLC (“Company”), a Ukrainian leader in the oversized and complex auto cargo transportations.


    AVELLUM wins swaps case in GAFTA arbitration


    AVELLUM successfully represents the client in GAFTA appeal

    The GAFTA Board of Appeal satisfied in full the Client’s claim of approximately USD150,000 seeking compensation for damages specified in a washout agreement that were caused by the failure to comply with the contract.


    AVELLUM successfully represents international inspection company in ICAC arbitration

    AVELLUM secured a favourable award for the client in the International Commercial Arbitration Court at the Ukrainian Chamber of Commerce and Industry (“ICAC”) for a total amount of almost USD200,000.


    AVELLUM advises EBRD on senior secured loan to Kyiv Cardboard and Paper Mill

    AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a senior secured loan of up to EUR10 million (with an option to incease the loan up to EUR25 million) to Private Joint-Stock Company “Kyiv Cardboard and Paper Mill” (“KCPM”).


    AVELLUM and A.G.A. Partners announce combination

    AVELLUM and A.G.A. Partners announced that two law firms have agreed to combine effective 9 July 2018. This strategic combination brings together renowned transactional practice of AVELLUM and experienced dispute resolution practice of A.G.A. Partners.


    AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

    AVELLUM advises Nordcurrent on acquisition of Blam! Games Studios

    AVELLUM acted as the Ukrainian legal counsel to Nordcurrent on the acquisition of Blam! Games Studios. Nordcurrent is the largest game development studio in the Baltic region. Blam! Games Studios is a Ukrainian game development and animation studio, which has been cooperating with Nordcurrent since 2014.


    AVELLUM Advises Uber on Merger Control Clearance for Joint Venture with Yandex

    AVELLUM acted as the Ukrainian legal counsel to Uber on obtaining a merger control clearance from the Antimonopoly Committee of Ukraine for the creation of a joint venture with Yandex. The new company is valued at USD3.8 billion.


    AVELLUM Advises Ukrainian Investment Firm on Establishment of JV in Renewable Energy Sector

    AVELLUM Advises Ukrainian Investment Firm on Establishment of Joint Venture in Renewable Energy Sector

    AVELLUM acted as the legal counsel to Investment Capital Ukraine (“ICU”) on the establishment of a joint venture with VR Capital Group to develop a 63.8 MW solar power plant in Khmelnytskyi region.


    AVELLUM advises EBRD on UAH/EUR multi-currency loan to Nova Poshta

    AVELLUM advises EBRD on UAH/EUR multi-currency loan to Nova Poshta

    AVELLUM acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development (“EBRD”) in connection with a senior secured loan of up to EUR9.5 million to Limited Liability Company “Nova Poshta” (“Nova Poshta”).


    AVELLUM Advises Joint Lead Managers on Issue of Hryvnia Denominated Eurobonds by Ukreximbank

    AVELLUM Advises Joint Lead Managers on Issue of Hryvnia Denominated Eurobonds by Ukreximbank

    AVELLUM acted as the Ukrainian legal counsel to the joint lead managers with respect to UAH4.051 billion Eurobond offering by Joint Stock Company “The State Export-Import Bank of Ukraine (“Ukreximbank”).


    AVELLUM Advises MHP on USD550 Million Eurobond Issue

    AVELLUM Advises MHP on USD550 Million Eurobond Issue

    AVELLUM acted as the Ukrainian legal counsel to MHP SE (“MHP”) on USD550 million, 8 year, 6.95% Eurobond issue with the benefit of the guarantees from its Ukrainian subsidiaries. The joint lead managers on the transaction were J.P. Morgan Securities plc, London Branch of ING Bank N.V., and UBS Limited.


    AVELLUM Advises on Largest Refinancing for Metinvest

    AVELLUM Advises on Largest Refinancing for Metinvest

    AVELLUM acted as the Ukrainian legal counsel to Metinvest Group (“Metinvest”) on the successful refinancing of its USD2,271 million debt consisting of USD1,592 million issue of new eurobonds (“new eurobonds”) and the amendment and restatement of its pre-export finance (“PXF”) facility allowing to secure USD765 million in the PXF facility.


    AVELLUM Advises Horizon Capital on Disposal of Stake in Ergopack Group

    AVELLUM Advises Horizon Capital on Disposal of Stake in Ergopack Group

    AVELLUM acted as the lead legal counsel to Horizon Capital and certain individuals on the disposal of 90% stake in Ergopack Group in favour of Sarantis Group.


    AVELLUM Advises Ukrzaliznytsia on USD1 Billion Collaboration with General Electric

    AVELLUM Advises Ukrzaliznytsia on USD1 Billion Collaboration with General Electric

    AVELLUM acted as the Ukrainian legal counsel to Public Joint Stock Company “Ukrainian Railway” (“Ukrzaliznytsia”) on a USD1 billion collaboration with General Electric Company (“GE”). The project aims at renovating and modernising the locomotive fleet of Ukrzaliznytsia through a long-term joint collaboration for the supply of up to 225 new locomotives and modernisation of 75 currently operating locomotives. In 2018-2019, GE is expected to supply 30 new locomotives to Ukrzaliznytsia through a financial lease agreement with Joint Stock Company “The State Export-Import Bank of Ukraine”.


    AVELLUM Advises Ministry of Finance of Ukraine on State-Guaranteed USD250 Million Loan to Energoatom

    AVELLUM Advises Ministry of Finance of Ukraine on State-Guaranteed USD250 Million Loan to Energoatom

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the state-guaranteed USD250 million loan extended to State Enterprise National Nuclear Energy Generating Company “Energoatom”.=


    AVELLUM Advises Shareholder of PJSC “Commercial Bank “Center” on Increasing Its Charter Capita

    AVELLUM Advises Shareholder of PJSC “Commercial Bank “Center” on Increasing Its Charter Capital

    AVELLUM advised Public Joint Stock Company “Commercial Bank “Center” (“PJSC CB “Center”), a regional Ukrainian bank, and its sole shareholder Mr. Hamed Alikhani on increasing the charter capital of PJSC CB “Center” to UAH200 million. AVELLUM advised the clients on a number of corporate, regulatory, and securities issues related to increasing the charter capital, and on further acquisition of new shares in PJSC CB “Center”.


    AVELLUM Promotes New Partner and Counsels

    AVELLUM Promotes New Partner and Counsels

    AVELLUM is pleased to announce senior promotions.

    Yuriy Nechayev was promoted to a partner at Corporate/M&A practice. In his new role, Yuriy will continue focusing on M&A, corporate law, and private equity.


    AVELLUM Advises Deere & Company on Employment Issues Related to Acquisition of Wirtgen Group

    AVELLUM Advises Deere & Company on Employment Issues Related to Acquisition of Wirtgen Group

    AVELLUM acted as the Ukrainian legal advisor to Deere & Company (“Deere”) on Ukrainian employment matters related to the USD5.2 billion acquisition of the Wirtgen Group.


    Avellum Advises Ing On Usd100 Million Pre-export Loan Facility To Mhp

    AVELLUM ADVISES ING ON USD100 MILLION PRE-EXPORT LOAN FACILITY TO MHP

    AVELLUM acted as a Ukrainian legal counsel to ING Bank N.V. (“ING”) on a USD100 million secured pre-export revolving loan facility (“Loan”) to Myronivsky Hliboproduct Group (“MHP”), provided by ING together with Crédit Agricole Corporate and Investment Bank.


    AVELLUM Advises AGCO on Merger Control and Concerted Practices Clearances

    AVELLUM Advises AGCO on Merger Control and Concerted Practices Clearances for Acquisition of Precision Planting and Assets Owned by Monsanto Argentina and Monsanto Do Brasil

    AVELLUM Successfully Represents Česká Exportní Banka Before Ukrainian Courts

    AVELLUM successfully represented Česká Exportní Banka, a.s. (“ČEB”) in (i) a number of litigations against a Ukrainian corporate borrower in connection with attempts of illegal transfer of mortgaged real estate assets securing USD37 million loan and (ii) a sale of the relevant loan and security claims.


    AVELLUM Advises Coast2Coast on Acquisition of Household Products Producer Stella Pack

    AVELLUM acted as a Ukrainian legal counsel to Coast2Coast, a South-African investment company, on acquisition of Poland-based Stella Pack by Bounty Brands, a part of Coast2Coast portfolio. Stella Pack is a major manufacturer and distributor of household products.


    Financial Times Praises AVELLUM for Innovation in Dispute Resolution

    FT Innovative Lawyers 2017 recognised AVELLUM for pioneering the litigation strategy that helped to achieve a unique resolution from the Ukrainian court in favour of the bondholders of Ukrainian agricultural group Mriya.

    AVELLUM Advises on Ukraine’s USD3 Billion Sovereign Bond Issue and Tender Offer

    AVELLUM acted as Ukrainian legal advisor to the Ministry of Finance of Ukraine on its USD3 billion, 15-year, 7.375% Eurobond issue which was combined with the cash tender offer to the holders of the outstanding Eurobonds due 2019 and 2020. BNP Paribas, Goldman Sachs and J.P. Morgan Securities plc acted as joint lead managers on the transaction. The transaction is the first stand-alone sovereign bond issue by Ukraine since its 2015 sovereign debt restructuring.


    AVELLUM Advises Kernel Holding S.A. on Acquisition of Farming Business by Its Subsidiary

    AVELLUM advised its longstanding client Kernel Holding S.A. (“Kernel”) on the acquisition of 100% of shares in a farming business that manages over 170,000 tons of grain storage capacity and over 27,500 hectares of leasehold farmland by one of its subsidiaries. Total consideration of the deal amounted to USD43.3 million and was paid in cash.

    AVELLUM Advises Seller on Sale of Karavan Hypermarket Chain to Auchan Group

    AVELLUM acted as a legal advisor to the seller regarding the sale of Karavan Hypermarket chain to Auchan Group.

    AVELLUM Advises Investor on Acquisition of 99.91% Stake in Marfin Bank from Cyprus Popular Bank

    AVELLUM advised Saggarco Ltd on the acquisition of 99.91% stake in PJSC Marfin Bank (“Marfin Bank”) from Cyprus Popular Bank Public Co Ltd (“CPB”).

    We assisted our client with the due diligence of Marfin Bank, pre-transaction restructuring, transaction documentation, approvals of the National Bank of Ukraine and the Antimonopoly Committee of Ukraine.


    AVELLUM Advises MHP on Benchmark Eurobond Issue

    AVELLUM acted as Ukrainian legal advisor to MHP S.A. (“MHP”) on the benchmarck USD500 million, 7 year, 7.75% Eurobond issue with the benefit of the guarantees from its Ukrainian subsidiaries. The joint lead managers on the transaction were J.P. Morgan Securities plc and London Branch of ING Bank N.V.


    AVELLUM Advises Kernel Holding S.A. on Acquisition of a Large-scale Farming Business

    AVELLUM advised its longstanding client Kernel Holding S.A. (“Kernel”) on the acquisition of 100% of shares in a large-scale farming business that manages over 190,000 hectares of leasehold farmland and approximately 200,000 tons of grain storage capacity. The value of the deal was USD155 million.


    Avellum Advises Bondholders Committee On Metinvest Usd2.3 Billion Debt Restructuring

    AVELLUM ADVISES BONDHOLDERS COMMITTEE ON METINVEST USD2.3 BILLION DEBT RESTRUCTURING

    AVELLUM Contributed to an Amicus Curiae Brief for the Court Proceeding

    AVELLUM Contributed to an Amicus Curiae Brief for the Court Proceeding, Which May Have Considerable Impact on Enforceability of Foreign Awards in Ukraine.

    Mykola Stetsenko Became Member of the Public Council of the Antimonopoly Committee of Ukraine.

    AVELLUM's Managing Partner Mykola Stetsenko Became Member of the Public Council of the Antimonopoly Committee of Ukraine

    We are proud to announce that Mykola Stetsenko, Managing Partner of AVELLUM, was elected as a member of the Public Council at the Antimonopoly Committee of Ukrainе ("Public Council").


    AVELLUM Advised Deutsche Beteiligungs AG on Investment in Dieter Braun GmbH

    AVELLUM Advised Deutsche Beteiligungs AG on Investment in Dieter Braun GmbH

    AVELLUM acted as the Ukrainian legal counsel to Deutsche Beteiligungs AG ("DBAG") in connection with the EUR5.9 million investment in Dieter Braun GmbH ("Braun").


    AVELLUM Advised CPPIB on Acquisition of 48% Stake in GlobalLogic Inc. from Apax Funds

    AVELLUM Advised CPPIB on Acquisition of 48% Stake in GlobalLogic Inc. from Apax Funds

    AVELLUM acted as the Ukrainian legal counsel to Canada Pension Plan Investment Board ("CPPIB") in connection with the acquisition of an approximate 48% stake in GlobalLogic Inc. from Apax Funds.


    AVELLUM Advises Kernel on Debut USD500 Million Eurobond Issue

    AVELLUM acted as Ukrainian legal counsel to its longstanding client Kernel Holding S.A. ("Kernel") in connection with an offering of its USD500 million 8.75% guaranteed notes due 2022. The notes are expected to be rated B+ by Fitch and B by S&P, two notches and one notch above the Ukrainian sovereign respectively.


    AVELLUM Advises Bondholders Committee on DTEK Energy Long-Term Restructuring

    AVELLUM acted as a Ukrainian law counsel to the bondholder group composed of holders of senior notes (the "Notes") issued by DTEK Finance plc in connection with the long-term restructuring of the Notes as part of the long-term restructuring of the debts of the DTEK Energy group.


    AVELLUM Advises EBRD on EUR1.4 Million Secured Loan Facility to KHASK

    KHASK is a Ukrainian major producer and exporter of self-adhesive tapes and packaging materials. The loan facility is used to finance the purchase and installation of a solvent recuperation system, related general construction and energy efficiency capital investments.

    AVELLUM team was led by Senior Associate, Taras Dmukhovskyy, with significant support from Associates, Taras Stadniichuk and Orest Franchuk, under the supervision of Partner, Glib Bondar.


    AVELLUM Leads in the Largest Public Deals According to “TOP 50 Law Firms of Ukraine – 2016”

    AVELLUM leads in the number of the largest public deals аccording to the recently published "TOP 50 Law Firms of Ukraine - 2016" ranking. We have advised on 12 out of 50 largest public transactions, reported by this edition.


    AVELLUM Advised AGCO on Merger Control Clearance for Acquisition of Cimbria

    AVELLUM acted as the Ukrainian legal counsel to AGCO in connection with obtaining a merger control clearance of the Antimonopoly Committee of Ukraine for the acquisition of Cimbria for EUR310 million.


    AVELLUM Advises UniCredit on Disposal of Shares in PJSC “Ukrsotsbank” in Favour of ABH Holdings

    AVELLUM Advises UniCredit on Disposal of Shares in PJSC "Ukrsotsbank" in Favour of ABH Holdings S.A.

    Kyiv, 7 November 2016 - AVELLUM advised UniCredit Group ("UCG") on Ukrainian law matters in connection with the disposal of 99.9% shares in PJSC "Ukrsotsbank", an asset of UCG in Ukraine, in exchange for a minority stake (9.9%) in ABH Holdings S.A.