Ukraine's Sayenko Kharenko has entered into collaboration agreement with Andersen Global.

Romanian lawyer Zsuzsa Csiki, Ukrainian lawyer Iryna Nikolayevska, and Czech lawyer Karla Rundtova have been promoted to Partner at Kinstellar.

Marchenko Partners has helped Carlsberg Ukraine conduct a competition compliance spot check by reviewing numerous aspects of the company's commercial operations and providing recommendations on options available for the strengthening of its competition compliance system.

According to information posted on the official website of the State Enterprise "Guaranteed Buyer" (hereinafter - "Guaranteed Buyer"), as of April 01, 2020, the state enterprise had indebtedness to the producers of electricity from RES in the amount of approximately 34% for February 2020. Quite recently, the Guaranteed Buyer also had significant debt for the last months of 2019.

The State continues to respond to the situation with COVID-2019 and promptly adopt regulations to resolve the quarantine-related issues. On March 30, 2020, a law intended to provide for significant changes in the field of labor relations was adopted. Let us consider the major changes and their impact on employers and employees.

CMS has advised the Bank of Cyprus on Ukrainian law matters following its 2014 sale of the Ukrainian subsidiary of Bank of Cyprus and associated debt to Alfa Group and on the refinancing by the EBRD of a EUR 68 million facility for the construction of the “largest shopping, exhibition, and office centers in Odesa Riviera Property Complex owned by Ukrainian asset holding company Novi Biznes Poglyady."

“The Ukrainian Government is concerned with resolving the issues that arose following the outbreak of the pandemic,” says Armen Khachaturyan, Senior Partner at Asters in Kyiv. “This has led to many specific measures being adopted as a response to the new challenges that suddenly appeared, like postponing the deadlines for certain obligations and expanding interest loans to businesses, all of which are well-expected and, hopefully, efficient.”

Love them or hate them, conferences are a fundamental part of the successful commercial lawyer’s calendar. But time is precious. Those calendars are full. It’s vital for conference organizers to get them right, and critical for lawyers to choose wisely in determining which events to attend and which to skip.

In response to the coronavirus outbreak, most CEE/SEE countries have introduced provisions to close certain premises, while only some have banned the termination of leases in order to protect tenants who have lost revenues.

Ukrainian state authorities continue to generate new decisions for stabilization of economy of the country in the fight against coronavirus (COVID-19).

On 28 April 2020, the President signed the Law of Ukraine “On Amendments to Certain Ukrainian Laws on Agricultural Lands Turnover” (“Law”). The Law lifts a long-lasting moratorium on private agricultural land sale, but it also introduces and leaves intact certain restrictions and limitations for the argicultural land market.

KPD has advised Werner Wirth on establishing a joint venture in Ukraine with an unnamed Ukrainian partner and on making a cross-border intra-group loan to the joint venture.

Sayenko Kharenko has advised the EBRD on its provision of a four-year loan of up to EUR 15 million equivalent to OTP Leasing.

The Kyiv office of Baker McKenzie assisted with drafting new regulations of the National Securities and Stock Market Commission of Ukraine for the issuance of UAH-denominated bonds by international financial institutions in Ukraine.

A little more than two years following its establishment, the Ukrainian Supreme Court is undergoing significant reform of its role in delivering justice. As distinct from the massive judicial reform back in 2017, which was launched by a single comprehensive law, the new overhaul of the Supreme Court is happening gradually.

Sayenko Kharenko has advised the EBRD on its provision of an up-to-EUR 7.5 million synthetic loan in Ukrainian currency to Bank Lviv under the EU4Business-EBRD Credit Line. The synthetic structure of the loan provides access to long-term UAH funds to eligible SME borrowers of Bank Lviv.

Businesses that lease premises in malls and can not operate there because of the quarantine have a very logical question: do they have to pay for lease?

Sayenko Kharenko Partners Sergey Pogrebnoy and Michael Kharenko have joined forces with Ukrainian businessmen Vyacheslav Lysenko and Yuri Krivosheya to create the “Dyhai” Charity Fund dedicated to providing financial assistance to Ukrainian hospitals, doctors, and scientists combatting the Covid-19 crisis in Ukraine.