DLA Piper Ukraine has advised and represented long-term client McDonald’s on the opening of a new restaurant in Kyiv.
According to DLA Piper, McDonald’s used the development of the Obolon Residences residential complex on the former site of the restaurant as an opportunity to move to a new building "with a brand-new format, unique architecture, and innovated design." According to the firm, "the new restaurant, [covering an] area of over 750 square meters, McDrive line, and a terrace was opened on November 8 at 26A Obolonsky avenue, close to the location of its recently closed restaurant."
The support provided by DLA Piper Ukraine included "legal due diligence, advice on various construction regulatory, tax, and land issues, structuring of the deal, development of transaction documents, negotiations with the developer and general contractor, assistance with title registration, and closing of the deal."
The firm's Kyiv-based team was led by Partner and Head of Real Estate in Ukraine Natalia Kochergina and included Legal Director Oleg Matiusha and Associate Ievgen Storozhenko. Head of Tax Illya Sverdlov and Senior Associate Dmytro Rylovnikov advised McDonald’s on tax-related matters.