Cai & Lenard is advising Ukrainian teenage dance troupe Light Balance Kids, on the next phase of what the firm calls its “creative development."
According to Cai & Lenard, “Light Balance Kids is a Hi-Tech neon and LED show with elements of acrobatic and dance choreography. The group was formed in Kyiv in late 2018 and consists of 13 dancers between the ages of 11 and 14.” Light Balance Kids recently performed on America’s Got Talent 2019, where they reached the top ten.
According to the firm, its advice included the "development of corporate structure (choosing proper forms of legal entities, advising on corporate governance and protection of shareholders matters), elaboration of legal framework for involving minors into the project (drafting respective agreements, advising on specifics and current practice of involving minors under Ukrainian and international laws), and tax consulting (review of the possible transactions within the project in order to implement more reasonable and legal instruments to decrease tax burden)."
Cai & Lenard’s team included Managing Partner Anton Lukovin and Counsel Dmytro Symanov.