Sayenko Kharenko has successfully represented the interests of the Auchan Group in what the firm calls a "high-profile case" involving the illegal alienation of ... land plots belonging to it worth USD 10 million in the Odessa region of Ukraine.
According to Sayenko Kharenko, the firm applied to Ukraine's Temporary Special Commission for the Protection of Investors’ Rights for relief. According to the firm, "during the consideration of the appeal, several TSC meetings were held, which resulted in a decision in support of the position of Sayenko Kharenko’s client."
According to Sayenko Kharenko Counsel Zlata Simonenko,“the decision taken by the TSC is an example of parliament providing crucial support to business in Ukraine. And when it comes to protecting the rights of a foreign investor and, as a consequence, increasing the investment attractiveness of the country, it is impossible to overestimate this support." Simonenko went on to thank the People’s Deputy of Ukraine and the head of the TSC, Halyna Yanchenko, "for her help and active position in considering our appeal." According to Simonenko, "it is too early to celebrate the victory, but I am sure that we are on the way to a successful resolution of the sensational case.”
In addition to counsel Simonenko, Sayenko Kharenko's team included Partner Sergiy Smirnov.
