CMS has advised the EBRD on a EUR 10.8 million loan to Serbian machine manufacturer Stax Technologies.
Ukraine: Government Approves New Procedure for Military Registration of Conscripts, Persons Liable for Military Service and Reservists
On 5 January 2023, the "Procedure for Organisation and Maintenance of Military Registration of Conscripts, Persons Liable for Military Service and Reservists," approved by the Resolution of the Cabinet of Ministers of Ukraine No. 1487 dated 30 December 2022 ("Procedure"), came into effect. The Procedure establishes changes regarding the military registration of Ukrainians, including new obligations for employers.
Former Osborne Clarke CEO Simon Beswick Joins Kinstellar
Former Osborne Clarke CEO Simon Beswick has joined Kinstellar’s Board of Directors as a non-executive member.
Asters Advises Ukrainian Railways on USD 895 Million Eurobond Restructuring
Asters, working with Dechert, has advised JSC Ukrainian Railways on the restructuring of two tranches of loan participation notes issued by Rail Capital Markets – one for notes due 2026 and another for notes due 2024 – in a total amount of USD 895 million.
Asters Advises BSTDB on Financing Novotel Construction in Ukraine
Asters has advised the Black Sea Trade and Development Bank on its EUR 8 million financing to the Real Estate Development Centre for the construction of a 128-room hotel in Lviv, Ukraine.
Asters Advises EBRD on EUR 10 Million Financing for Grain Alliance Group
Asters has advised the European Bank for Reconstruction and Development on a EUR 10 million financing for the Grain Alliance Group.
Ukraine: Diia City – A New Legislative Framework for IT Companies During the War
Despite the Russian full-scale invasion of Ukraine, IT remains one of the leading industries in the country. According to surveys, a bit more than 10% of IT specialists (mostly women, since a large part of men are not allowed to leave the country) have moved to other countries since the start of the invasion. Some of them were relocated to foreign offices of international IT companies or started working for foreign companies, while others keep working remotely for their Ukrainian employers.
(Business) Life Did Not Stop: A Buzz Interview with Taras Utiralov of Peterka & Partners
Despite missile strikes, businesses and society adapt to the new reality, with some non-war-related transactions in the works, according to Peterka & Partners Partner Taras Utiralov.
Ukraine Introduces E-Residence as A Special Tax Regime for Foreign Entrepreneurs
On April 1, 2023, the Law which enables foreigners to become e-residents in Ukraine (hereinafter “e-residence / e-resident”), will enter into the force (the “Law”).
Kinstellar Advises OTP Bank on Acquisition of Ipoteka Bank in Uzbekistan
Kinstellar has advised OTP Bank on its acquisition of Uzbekistan’s Ipoteka Bank. The White & Case London and Tashkent offices reportedly advised the seller.
Baker McKenzie Advises IFC on Channeling EU Funds To Restore War-Damaged Residential Buildings in Ukraine
The Kyiv office of Baker McKenzie has advised the International Finance Corporation on channeling up to EUR 25 million in EU funds to help Ukrainian homeowners' associations restore war-damaged residential buildings.
Dogus Gulpinar Joins Akinci Law Office as Partner
Former Nazali Tax & Legal Ukraine Partner Dogus Gulpinar has joined the Akinci Law Office as a Partner.
Ukraine: New Law Obliges Employers to Prevent Mobbing of Employees
On 11 December 2022, Law No.2759-IX of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Preventing and Countering Mobbing (Hostile Environment)" dated 16 November 2022 (Law) came into effect. Among other things, the Law: (i) provides the definition of "mobbing"; (ii) introduces new grounds for dismissal of employees in connection with mobbing; and (iii) guarantees compensation of moral damages for employees who have suffered from mobbing.
Sorainen Provides Pro Bono Advice to Entrepreneurs for Peace in Refurbishing Ukrainian Society of the Deaf Premises
Sorainen has provided pro bono legal advice to the Entrepreneurs for Peace foundation on repairing all the explosion-damaged windows at the Ukrainian Society of the Deaf educational and manufacturing company in Chernihiv and preparing the building for the winter.
Relearning Military Law in Ukraine: A Buzz Interview with Mikhail Ilyashev of Ilyashev & Partners
The War in Ukraine left no market sectors unaffected and, according to Ilyashev & Partners Managing Partner Mikhail Ilyashev, things were no different for lawyers.
Integrites Successful for Gradoliya Oil Extraction Plant in UAH 24.8 Million Tax Dispute
Integrites has successfully represented the interests of the Gradoliya Oil Extraction Plant in two stages of a tax dispute against the Main Directorate of the State Tax Services in the Kirovohrad region, Ukraine.
Illya Tkachuk Makes Senior Partner at Integrites
Integrites Partner and Head of Corporate/M&A and the firm's French desk lllya Tkachuk has been promoted to a Senior Partner in October 2022.
Ilyashev & Partners Successful for Association of Ukrainian Glass Producers on Import Duty for Belarus
Ilyashev & Partners has successfully represented the interests of Ukrainian glass-producer association Glass of Ukraine and its members in securing the introduction of provisional anti-dumping duty on imports to Ukraine of glass containers originating from the Republic of Belarus.