We set out below most recent changes in Ukrainian corporate
law:
- legislation on reorganization of legal entities was
modified;
- Ukrainian SEC explained the standard of compliance with the
duty of public companies to have their shares admitted to listing
on a stock exchange;
- Ukrainian SEC provided more details on the functioning of joint
stock companies; and
- On-line access to the Unified State Register of Legal Entities
and Individual Entrepreneurs was launched following the Order of
the Ministry of Justice of Ukraine.
Secondary Liability for Predecessor's Debts to Attach to
Reorganized Legal Entities
Starting from 16 October 2011 new rules apply to liability for
obligations of legal entities reorganized by way of merger,
acquisition, division, spin-off, or conversion. On this day
amendments to the Civil Code of Ukraine entered into force in
accordance with the Law of Ukraine "On Amendments to
Certain Legislative Acts of Ukraine as to
