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Asters Again Successful for PrivatBank in UAH 2 Billion Dispute

Asters Again Successful for PrivatBank in UAH 2 Billion Dispute

Ukraine
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Asters has successfully defended the interests of PrivatBank CB JSC in a dispute against Pivdenmedbiosintez Design and Survey Institute JSC before the Commercial Cassation Court of Ukraine's Supreme Court.

The current dispute arose from Pivdenmedbiosintez Design and Survey Institute's claim that PrivatBank CB JSC owed it UAH 2 billion. The Supreme Court's panel of judges dismissed the claim.

The court's judgment was the second Asters has obtained for PrivatBank against Pivdenmedbiosintez Design and Survey Institute in recent months, following a similar decision this past July as reported by CEE Legal Matters on July 9, 2018.

Asters' team in this recent case included Partner Andriy Pozhidayev, Counsel Oleg Lazovsky, and Associate Vira Baulina.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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