On March 26, 2015, CEE Legal Matters brought Senior Partners from the leading international, regional, and local law firms in Ukraine to Wolf Theiss’s office in Kyiv for a management-level Round Table conversation on the state of the Ukrainian legal market.
Egorov Puginsky Afanasiev & Partners Ukraine (EPAP) has acted as Ukrainian legal counsel to Avito Holding in the sale of torg.ua — Ukraine’s leading classifieds free ads site — to MIH Allegro, a part of the South African-owned Naspers media corporation. Sayenko Kharenko represented MIH Allegro on the deal. The purchase price was not disclosed.
The geographic footprint of Wolf Theiss covers 13 CEE/SEE countries, each with its own language, historical legacy, and stage of societal/governmental/economic development. This mixture of EU and non-EU countries, with a total population close to 200 million, challenges generalizations even from those of us who lawyer within it on a daily basis.
EPAP Ukraine has advised Intersystems Holdings in connection with its successful application for merger clearance with the Antimonopoly Committee of Ukraine following its acquisition by AGCO. AGCO’s acquisition of Intersystems, which closed on August 1, 2014, will expand AGCO’s grain handling and storage business in the off-farm segment.
DLA Piper has provided legal support to Discovery Communications, part of the Discovery Group — one of the world's leading documentary media groups, which broadcasts in Ukraine through the Discovery Channel — in obtaining merger clearance from the Antimonopoly Committee of Ukraine for the acquisition (made together with Liberty Group (which owns and operates cable networking in 12 countries across Europe)) of ALL3Media Holding Limited.
Baker & McKenzie acted as English and Ukrainian law counsel to Eurobank Ergasias in connection with entry into agreements with entities of the Ukrainian Delta Bank Group for the disposal of its Ukrainian subsidiary, PJSC Universal Bank and the transfer of certain Ukrainian assets for a total consideration of EUR 95 million.
Avellum Partners has announced that it acted as Ukrainian legal counsel to Ferrexpo in connection with three export financing credits, including a USD 14.5 million credit provided by Private Export Funding Corporation (PEFCO) to Ferrexpo’s Ukrainian subsidiary Ferrexpo Yeristovo Mining and a USD 15.8 million credit provided by PEFCO to Ferrexpo’s Ukrainian subsidiary Ferrexpo Belanovo GOK.
In mid-July it was reported that Partner Perry Zizzi would be leaving Badea Clifford Chance in Bucharest to return to Dentons, where he had worked (under the Salans brand) before leaving 7 years before. On August 4 the news broke that long-time Ukrainian expert Adam Mycyk had joined Dentons as well. Mycyk moved over from Chadbourne & Parke, as that firm winds down its operations in Kiev. We reached out to Zizzi and Mycyk to ask them about their decisions to join Dentons.
CMS Cameron McKenna has supported the European Bank for Reconstruction and Development in its loan of up to USD 60 million to Brooklyn-Kiev LLC, a leading private stevedoring company in Ukraine, for the development of a grain trans-shipment terminal in the Port of Odessa with an anticipated annual throughput capacity of up to 4.5 million tons of grain.