Sayenko Kharenko has acted as legal counsel to Aegon Group, the Dutch life insurance business, on the sale of 100% of the shares in the Aegon Life Ukraine insurance company to the TAS Group. The deal was signed in Kyiv on September 21, 2016 and closed on December 16, 2016 after approval by Ukrainian regulatory authorities.
On October 5, 2016, representatives from the Ukrainian and Turkish business communities, from the Ukrainian Consulate-General in Istanbul, and from the co-hosting Gun + Partners and Vasil Kisil & Partners law firms met at the Gun + Partners office in Istanbul for a round table discussion, moderated by CEE Legal Matters, on the opportunities in Ukraine for Turkish investors.
Olena Omelchenko, Head of International Trade Practice at Ilyashev & Partners and Head of the Working Group on International Trade at the American Chamber of Commerce, has been elected by the U.S. Agency for International Development (USAID) to perform an expert examination of three draft Ukrainian laws governing the procedure of safeguard, anti-dumping, and anti-subsidy investigations.
In “The Buzz” we interview experts on the legal industry living and working in Central and Eastern Europe to find out what’s happening in the region and what legislative/professional/cultural trends and developments they’re following closely. Because the interviews are carried out and published on the CEE Legal Matters website on a rolling basis, we’ve marked the dates on which the interviews were originally published.
Asters and White & Case LLP (UK) have acted as legal counsels to PJSC Ukrzaliznytsia, the Ukrainian public railway company, in connection with the restructuring of USD 500 million 9.5 per cent loan participation notes due 2018. The reprofiling includes exchanging the 2018 notes for the new USD 500 million 9.875 per cent notes due 2021 and an amending of the loan agreement.
Avellum is announcing that it acted as Ukrainian law counsel to the EBRD in connection with a EUR 1.4 million loan facility to the Industrial Group KHASK.
Sayenko Kharenko's antitrust team has provided legal assistance in obtaining merger clearance with the Antimonopoly Committee of Ukraine (AMC) for the EUR 22.8 billion acquisition of Sanofi’s animal health business (“Merial”) by Boehringer Ingelheim through an asset swap in exchange for Boehringer Ingelheim’s consumer healthcare business. The transaction is expected to close in Q4 2016, subject to appropriate regulatory approvals globally.
Sayenko Kharenko has acted as legal counsel to Public Joint Stock Company "State Savings Bank of Ukraine" (Oschadbank) in connection with an uncommitted trade finance guarantee facility of up to EUR 50 million provided by the EBRD to Oschadbank as an issuing bank under the EBRD’s Trade Facilitation Program.
On October 31, 2016, CEELM reported that the Ukranian start-up eTachki had obtained USD 1 million investment from local capital fund TA Ventures. We asked the Head of Legal at eTachki, Marina Makarova, to tell us more about the deal and the structure of her in-house legal team.