New Law On Liability For Damages Caused By Defective Goods

The Ukrainian Parliament has recently adopted a new law on the Liability for Damages Caused by Defects in Goods (the "Law") which will enter into force on September 17, 2011.

The Law separates procedures for claiming damages caused by movable and immovable goods, and services (works), and respectively amends provisions of the Civil Code of Ukraine and the Law on Consumer Rights Protection. Any liability that does not fall under definition of the Law will remain subject to provisions of the Civil Code. In particular, liability for damages caused by defects in immovable property or services (works) will be governed by the Civil Code, as amended by the Law, while liability for damages caused by movable goods will be governed by the Law.