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CMS

19B INSTYTUTSKA ST., 01021 KIEV, UKRAINE
Tel:
Work +380 44 500 1718
Fax:
Fax +380 44 500 1716
Web:
cms.law
Aberdeen, Algiers, Amsterdam, Antwerp, Barcelona, Beijing and 70 more

Olga Belyakova

Tel:
Work +38044 391 3377
Email:
CMS

Work Department

Corporate/Commercial, Technology, Media and Communication, IP, Data Protection, Insurance

Position

Partner, Corporate/Commercial, TMC, CMS Cameron McKenna (Kyiv)

Career

Olga’s practice includes corporate, competition and general commercial issues, as well as TMC and data protection. As a competition lawyer, Olga advises foreign and local clients on merger control issues, concerted actions, and anti-competitive conduct on the market. Olga’s general corporate and commercial experience combines broad expertise in mergers and acquisitions and in negotiating various types of commercial contracts, including sale and purchase agreements, procurement agreements, distribution agreements, recruitment agreements and agreements relating to the advertisement of services.

With over 15 years’ experience in the TMC sector, Olga regularly advises multinational and local telecommunication, IT and other companies on regulatory issues, data protection, contract law matters, inter-operator relations, television related issues, acquisitions of telecommunication and technology companies, and the sale and purchase of telecom and technical facilities.

Olga is a recommended lawyer for IT and Telecommunications law by Best Lawyers 2015-2017 and by the Chambers Europe 2012-2016 edition in the field of competition law in Ukraine, which describes her as “knowledgeable, service-minded and extremely impressive.”

Languages

Ukrainian, Russian, English

Member

Co-Chairman of IT Committee at the American Chamber of Commerce (ACC)

Coach Within ECA Corporate Sector Crisis Management & Recovery Programme at International Finance Corporation (IFC)

Education

2011 - Postgraduate Diploma in EU Competition Law, King's College London, London

2003 - Admitted to Attorney at Law practice


Ukraine

Banking, finance and capital markets

Within: Banking, finance and capital markets

CMS has ‘a strong and experienced team that understands cross-border financing’. Anna Pogrebna, Olga Belyakova and senior associate Kateryna Chechulina are the key contacts. Clients include Deutsche Bank,

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Legal Developments by:
CMS

  • 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 Law on LLCs in Ukraine

    The Law of Ukraine On the Limited Liability Companies and Additional Liability Companies passed on 6 February 2018 shall come into force on 17 June 2018. The Law is a positive sign for doing business in Ukraine as it introduces significant changes and innovations in the legal regulation of the establishment and activities of limited liability companies, which are the most numerous and the most popular form of entrepreneurial activity in Ukraine (second only to individual entrepreneurs).
  • The Code of bankruptcy procedure in Ukraine: positives and negatives of the new document

    The Verkhovna Rada registered a draft law on the Code of Bankruptcy Procedure (No. 8060). Among other things, it is noted that such a document will increase the efficiency of bankruptcy procedures, the level of protection of the rights of creditors, improve the procedures for selling debtor property at the auction, increase the level of execution of contracts and court decisions. However, does the text of the document correspond to the stated purpose? 
    - GOLAW
  • CHANGES TO PPA: TO MAKE FINANCIAERS HAPPY

    Over the last few months before January 2018, when the latest changes to the power purchase agreements (PPAs) between State Enterprise “Energorynok” and producers of energy from alternative sources were adopted, more than ten agreements were signed with upgraded conditions set earlier in 2017. In the mentioned agreements, the changes to the PPAs were applied and helped bring Ukraine’s PPAs closer to international standards. Nevertheless, the revised PPAs still have a lot of issues that need to be clarified and further elaborated to make them perfectly bankable, and to make them properly executable.
    - GOLAW
  • Antitrust Compliance Program in Ukraine: Current Status and Development Prospect

    Mykola Stetsenko, Managing Partner, AVELLUM
  • Recent Legal Developments in Renewable Energy Sector

    Glib Bondar, Partner, AVELLUM
  • A Remarkable Year of Restructuring. What Next?

    What happened in 2015 in the world of Ukrainian corporate finance was a reflection of larger scale events in and around Ukraine. In this article, we will share our view of the key events in 2015 in the area of cor-porate finance, highlight the most important legislative and regulatory developments in finance and, based on our experience, make a few suggestions for creditors and debtors on how to navigate through 2016.
  • Enforcement in Ukraine of Interim Orders Issued by Foreign Courts and Arbitral Tribunals

    In the past few years Ukrainian clients have developed an appetite for solving their disputes abroad. Litigation and arbitration sagas involving Ukrainian parties or related to Ukrainian assets often spread across many jurisdictions. In many such sagas various interim reliefs were granted by courts and tribunals.
  • Applicable law in contractual disputes: recent arbitration practice

    AstapovLawyers Partner Eugene Blinov & the firm's Associate Roman Protsyshyn share their recent arbitration practice regarding applicable law in contractual disputes.
  • Disputes arising from finance arrangements: post-crisis phenomenon in Ukraine – read more!

    The 2008 financial crisis peak had hardly faded away, when another breaking news was brought to the surface in CIS countries: a significant part of the funds advanced during the pre-crisis period by banks and other financial institutions to support various businesses and commercial initiatives, flew beyond national frontiers to be found in Panama, BVI, Seychelles, Jersey, Cyprus and other offshore and onshore jurisdictions in the pockets of numerous private persons, mostly CIS nationals. No surprise this fact led to a tsunami of disputes, one way or the other related to repayment of loans and funds advanced under other types of finance arrangements. Many of those disputes are still pending, thus, keeping finance arrangements among the top-litigated issues within CIS borders.
  • Proper notices in arbitration – watch the details!

    Article V1(b) of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards, better known as the New York Convention, provides that recognition and enforcement of a foreign arbitral award may be refused, at the request of the party against which it is invoked, only if that party furnishes proof to the competent authority where the recognition and enforcement is sought that it was not given proper notice of the appointment of the arbitrator or of the arbitration proceedings. However simple at first glance, the question of what constitutes 'proper notice' turns out to be less than clear in practice.