Aequo has advised BlaBlaCar on the acquisition of Ukrainian company Octobus, which has developed an inventory management system for the automation of bus passenger transportation.
Ukraine’s transport and infrastructure system plays a key role in the country’s economy, particularly with its role in export and trade in the agricultural, industrial, and other sectors. Ukraine is conveniently located on different transport routes. However, it does not fully capitalize on its geographical benefits and does not fulfill its potential as a transit country, as it is not yet well-integrated in international transport networks, lacks modern infrastructure, and has limited market opportunities in certain segments (for example, railway services).
Vasil Kisil and Partners has successfully represented commercial audio content provider PressCom and its clients Testi Food (which operates the KFC restaurants chain) and Bastet Fem (which operates the Pesto Cafe chain) in a lawsuit brought against them by the Ukrainian League of Copyright and Related Rights for lost profits allegedly arising from their use of PressCom sourced music in their restaurants.
With effect from 27 April 2021, the Ukrainian entities have been granted the right to make regular interest payments and final capital repayment under Eurobonds and other own debt securities traded on foreign stock exchanges in excess of a so called EUR 2 mln e-limit. In addition, the entities are now allowed to accumulate and periodically replenish foreign currency on the bank accounts in the amount of principal and interest due on the notes on the nearest repayment date.
On April, 6, 2021, CEE Legal Matters reported that the Esquires law firm had persuaded Ukraine's Sixth Administrative Court of Appeal to revoke an order of the Cabinet of Ministers of Ukraine dismissing former Deputy Head of the State Customs Service of Ukraine Denys Shendryk from that position. CEE In-House Matters spoke with Shendryk to learn more about the case.