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In a follow-up to a story reported by CEE Legal Matters on April 23, Baker & McKenzie announced that it advised the Alfa group on its EUR 202.5 million acquisition of the Ukrainian assets of the Bank of Cyprus, including its Ukrainian subsidiary (PJSC Bank of Cyprus), its Ukrainian loan portfolio, and certain loans of the former Laiki Bank (Cyprus).  

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Asters has acted as Ukrainian counsel to the European Bank for Reconstruction and Development (EBRD) on secured lending of USD 40 million to the New Europe Property Fund, managed by NCH Capital.

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Chadbourne & Parke has represented the Bank of Cyprus Public Company on the sale of its Ukrainian subsidiary, PJSC Bank of Cyprus (and associated debt), to Alfa Group, Russia’s largest privately owned banking group, for  EUR 202.5 million (USD 280 million).

The Ukrainian office of Egorov Puginsky Afanasiev & Partners is sponsoring the Philip C. Jessup International Law Moot Court team from the Institute of International Relations at Taras Shevchenko National University of Kiev (IIRTSNU) in the upcoming White & Case International Rounds of the 2014 competition.


Morgan Lewis announced that it has advised Sberbank Europe, the Austria-based subsidiary of Sberbank of Russia, in the signing of its debut syndicated term loan facility for EUR 350 million equivalent. The loan has a tenor of 364 days with bullet repayment and carries a margin of 60 points over EURIBOR.


Vasil Kisil & Partners has announced that it has acted as legal advisor to the UBG Corporation in its February sale of shares in the Ukrainian Dobrobut medical clinic chain to Concorde Capital and Oleg Kalashnikov, the co-owner of the Luxoptica chain in Ukraine.

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