Avellum advised Custos Invest & Finance Inc. on its sale of shares in independent Ukrainian telecom operator Datagroup to Horizon Capital, providing Horizon Capital with over 70% of the shares in Datagroup and operational control of the company. Baker & McKenzie advised Horizon Capital on the deal.
Vasil Kisil & Partners has advised Epicenter on its acquisition of a group of buildings of the former Alta Center Shopping Mall near the Petrivka metro station in Kyiv. The operations of Alta Center as a shopping mall have thus been terminated, and VKP reports that the buyer will use the vacated buildings and land plots to build its own hypermarket.
Sayenko Kharenko has represented shipping company V.F. Tanker in its successful challenge to special sanctions requiring the temporary suspension of its foreign economic activity in Ukraine applied by the Ministry of Economic Development and Trade of Ukraine upon the request of the Security Service of Ukraine. As a result of the firm’s work demonstrating there had been no violation by V.F. Tanker the special sanctions were cancelled by the Ministry.
CMS Cameron McKenna in Kyiv has announced that it advised PJSC Alfa-Bank (Ukraine) on the restructuring of a multimillion dollar financing of PJSC Toronto-Kyiv, which owns and operates a mixed-use real estate property called the Toronto-Kyiv Complex, located in downtown Kyiv. Alfa-Bank Ukraine acquired the original loan from Bank of Cyprus in the course of its exit from the Ukrainian market.
Integrites reports that it has "gained a convincing victory” for the Ukrainian division of the DHL logistics company in proceedings in the Court of Appeal and then in the Supreme Economic Court of Ukraine in a dispute with a client that for over a year "failed to fulfill contractual obligations in the total amount of UAH 10.6 million.”
Avellum has advised Allergan Inc. on Ukrainian matters related to its divestiture of its global generic pharmaceuticals business to Teva Pharmaceutical Industries Ltd. through a complex cross-border carve-out. Latham & Watkins acted as global employment counsel to Allergan Inc., with Cleary Gottlieb Steen & Hamilton LLP acting as global corporate counsel to the company on the approximately USD 40.5 billion transaction.
Axon Partners is reporting that the World Intellectual Property Organization Arbitration and Mediation Center (WIPO) has dismissed the complaint filed by Hromadske TV against its former CEO — and Axon Partners client — Roman Skrypin, granting him full and sole ownership of the “hromadske.tv” domain name.