Meet the team

Restructuring and Insolvency Team

Ario Law Firm

Kyiv 01011, Ukraine
+38 044 247 55 77
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Deals

SUPREME COURT RULING: ARIO LAW FIRM SUCCESSFULLY RESTRUCTURES $60M IN DEBT

The Ario Law Firm team has successfully led an individual client through a debt restructuring process exceeding $60 million.

Providing full legal support in an individual insolvency case, Ario’s lawyers secured the forgiveness of over 90% of the debt. With the restructuring plan now fully implemented, the Supreme Court has confirmed that no creditor claims remain.

The case was handled by Ario’s legal team, including Partners Oleksii Voronko and Julian Khorunzhyi, Senior Associate Mykola Sokolov, and Associate Serhii Bukhalenkov.

NORTHERN COMMERCIAL COURT OF APPEAL UPHOLDS THE PRE-BANKRUPTCY REHABILITATION PLAN FOR ELDORADO.UA IN INSOLVENCY CASE, REPRESENTED BY ARIO LAW FIRM

The appellate court has rejected the appeals of certain creditors of the Eldorado.ua household appliance chain, maintaining the decision of the Kyiv Commercial Court to approve the pre-bankruptcy rehabilitation plan in accordance with Article 5 of the Insolvency and Bankruptcy Code.

Notably, Eldorado.ua has been complying with the obligations under the rehabilitation plan, which was approved in April of this year, for the past three months. During this time, the company has repaid approximately 5% of the amount outlined in the plan.

Ario Law Firm’s team, led by Senior Partner Julian Khorunzhyi, provided legal representation in this case.

DEVELOPMENT OF A EUROPEAN INTEGRATION DRAFT LAW FOR THE IMPLEMENTATION OF THE EUROPEAN PREVENTIVE RESTRUCTURING MECHANISM INTO UKRAINIAN LEGISLATION

Senior Partner Julian Khorunzhiy took part in the drafting of the Eurointegration bill No. 10228 “On Amendments to the Code of Ukraine on Bankruptcy Procedures and other Legislative Acts of Ukraine regarding the Implementation of Directive 2019/1023 of the European Parliament and of the Council of the European Union and the Introduction of Preventive Restructuring Procedures,” and others.

Organigram

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Team Services

Areas of Expertise

  • Problematic Debt Resolution
  • Restructuring
  • Bankruptcy
  • Insolvent Banks
  • Development of New Legislation

Achievements

We’ve brought together some of Ukraine’s top and most influential bankruptcy specialists, as recognized by both national and international rankings. Since our firm’s inception, our aim has been to enhance transparency and public accessibility in the field of insolvency within our country. As a result, the Ario team was among the pioneers in bringing this sector into the public eye. To see our impact, simply search for cases like “Apartments for 1 UAH,” “bankruptcy of PJSC ‘MSZ ‘Ocean’,” “LLC Autodom,” and more.

Julian Khorunzhiy, Senior Partner at Ario Law Firm, has played a pivotal role in developing the Code of Ukraine on Bankruptcy Procedures and the Euro-integration draft legislation for implementing European preventive restructuring mechanisms into Ukrainian law.

Industries

  • Financial Sector
  • Manufacturing
  • Agriculture and Agribusiness
  • FMCG (Fast-Moving Consumer Goods)
  • Retail
  • Energy and Natural Resources
  • Oil Refining Industry
  • Construction and Real Estate

Testimonials

The team has consistently showcased their competence, deep commitment to the case, and an innovative approach to problem-solving

 

 

Ario Law Firm is prominent for its strong commitment to bankruptcy, restructuring, and debt settlement. The specialized team represents both creditors and debtors, managing liquidation procedures, and addressing related criminal issues within its practice.

Awards and Recognition

CHAMBERS EUROPE 2022

Chambers Europe 2022 recognizes Ario Law Firm as a leader in the "Restructuring/Insolvency Practice in Ukraine". Chambers Europe 2022 acknowledges senior partner Julian Khorunzhiy as top-tier lawyers in Ukraine. As per the findings of Chambers Europe, Ario Law Firm is recognized for its expertise in the field of insolvency and bankruptcy practices. "The firm also offers support in debt restructuring matters. Furthermore, Ario Law Firm represents clients in litigation pertaining to bankruptcy and liquidation, including criminal proceedings. The team caters to clients across a diverse range of sectors...

IFLR 1000

Ario Law Firm remains ranked among the top law firms for "Restructuring & Insolvency"

UKRAINE’S 50 LEADING LAW FIRMS BY YURIDICHNA PRAKTYKA

Bankruptcy In the field of Bankruptcy, Ario Law Firm and Senior Partner Yulian Khorunzhyi are ranked among the top three in the industry.

UKRAINIAN LAW FIRMS. A HANDBOOK FOR FOREIGN CLIENTS

Bankruptcy Ario Law Firm is ranked among the top 5 leading law firms in the bankruptcy sector. Julian Khorunzhiy, Senior Partner at Ario Law Firm, is recognized as one of the leading experts in insolvency and bankruptcy. Oleksiy Voronko, Managing Partner, is noted as one of the most prominent practitioners in the field of bankruptcy. Andriy Filyk, Partner, is also recognized as one of the standout professionals in insolvency and bankruptcy.