Kinstellar has acted as Ukrainian legal counsel to FMS-Wertmanagement AoR, a German federal institution established to wind up the risk positions of Hypo Real Estate Holding, in connection with the sale of debt owed by a shopping mall in downtown Kyiv under a USD 140 million credit facility agreement.
According to Kinstellar, "the loan had the benefit of an extensive security package that included pledges over the shares, assets, revenue streams and bank accounts of the property companies."
The Kinstellar team in Kyiv was led by Counsel Andriy Nikiforov and included Counsel Oleg Matiusha, Senior Associates Ganna Kalinichenko and Oleh Andreikiv, and Associate Viktoriia Pysmenna.
Kinstellar did not reply to our inquiry on the matter.
