Hillmont Partners and Avellum have successfully represented GNT Group's creditors and have stopped an attempted corporate raid.
According to Hillmont Partners, "the Anti-Raider Office of the Ministry of Justice of Ukraine has satisfied the complaint filed by Hillmont Partners on behalf of its client, Madison Pacific Trust Limited. Madison Pacific Trust Limited represents the US lender Argentem Creek. The complaint requested the cancellation of an illegal registration action to change the manager of Olympex Coupe International. In May 2024, the state registrar performed a registration action whereby the company’s manager was replaced with a person close to the former owners of GNT Group. This registration contradicted the Decision of the Western Economic Court of Appeal issued in April 2024 to appoint the insolvency receiver as the manager of Olympex Coupe International."
The Hillmont Partners team included Senior Partners Valentyn Zasukha and Andrii Nyzhnyi, Counsel Oleksii Miagkyi, Senior Associate Bohdan Novyk
The Avellum team included Senior Partner Kostiantyn Likarchuk, Partner Vadim Medvedev, Managing Associate Oleksandra Serova, and Senior Associate Kristina Mysenko.
