CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Avellum, working with Latham & Watkins, has advised Vodafone Ukraine on its consent solicitation regarding USD 500 million 6.20% loan participation notes due 2025. Sayenko Kharenko and Linklaters advised JP Morgan as the solicitation agent.
Redcliffe Partners Partners Denys Medvediev and Yuriy Terentyev talk about competition in Ukraine in 2025.
Avellum Managing Partner Mykola Stetsenko talks about M&A in Ukraine in 2025.
Sayenko Kharenko, working with Appleton Luff, has advised ArcelorMittal Kryvyi Rih in a sunset review of anti-dumping duties on steel concrete reinforcing bar imports to the United States.
CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Real Estate in CEE.
Contributed by Avellum.
On 11 February 2025, the Ukrainian Government adopted a resolution regulating various aspects of cloud and data center services (the "Services") provision and use. In particular, the resolution introduces:
CMS has advised Revolut on the launch of its banking and financial services for Ukrainian customers.
On 6 February 2025, the President of Ukraine signed Law No. 4213-IX dated 14 January 2025 "On Amendments to Certain Laws of Ukraine in the Field of Energy and in the Field of Heat Supply to Clarify Provisions Related to the Martial Law in Ukraine" (the Law).
In 2022, the Parliament of Ukraine passed legislation introducing an alternative method for recording and holding shares in limited liability companies (LLCs) and additional liability companies (ALCs). This development allows LLC and ALC shareholders (participants) to transfer recording of their shares from the State Register of Legal Entities, Private Entrepreneurs and Civic Associations (“State Register“) to the PJSC “National Depository of Ukraine” acting as the Central Securities Depository (“CSD“). This shift promises enhanced transparency, security and efficiency in share ownership, marking a new chapter for businesses and investors alike.
Sayenko Kharenko, working with Latham & Watkins and Westerberg & Partners, has successfully represented Ukraine before the Svea Court of Appeal in setting aside the challenge of a USD 6 billion Energy Charter Treaty award.
Avellum, working with White & Case, has advised the Ministry of Finance of Ukraine on a USD 20 billion loan from the U.S. Department of the Treasury provided under the EUR 45 billion G7 Extraordinary Revenue Acceleration Loans for Ukraine initiative.
Sayenko Kharenko has advised the Export and Investment Fund of Denmark on a EUR 3.17 million loan facility to Ristone Holdings.
Kyrylo Kazak has become the new Managing Partner of KPD Consulting, taking over from Ihor Kalitventsev.
Vasil Kisil & Partners has successfully represented Kamianske Agro, part of the Dnipro Agro Group, in a tax dispute exceeding UAH 18 million.
The Agreement on Conformity Assessment and Acceptance of Industrial Products ("ACAA") is an intermediary step for Ukraine to benefit from the mutual recognition of product quality between the EU and Ukraine until our country becomes a full EU Member State.
Eversheds Sutherland has advised the Foreign Expansion Fund 2 FIZAN of Polski Fundusz Rozwoju on debt financing to Euvic for the acquisition of stakes in five companies operating in the IT sector in Lviv, Kyiv, Kharkiv, and Vinnytsia.
Dentons has advised Guris on the connection of its solar power plant to the connection grid of its wind farm in Ukraine.
AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.
Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.
We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.
We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.
AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).
Firm's website: www.avellum.com
