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On September 19th, 2019 Verkhovna Rada of Ukraine has adopted the Law No. 1070 “On Amendments to Certain Laws of Ukraine on Improving the Procedure of Financial Restructuring” (the “Law”), which extends legal force of the Law of Ukraine “On Financial Restructuring” for another three years. The Law has been supported in the second readingby 300 deputies and on 23rd of September it  has been signed by the President.

Read more: President of Ukraine has Signed The Law which Changes The Procedure of Financial Restructuring of...

Kinstellar has acted as Ukrainian legal counsel to FMS-Wertmanagement AoR, a German federal institution established to wind up the risk positions of Hypo Real Estate Holding, in connection with the sale of debt owed by a shopping mall in downtown Kyiv under a USD 140 million credit facility agreement.

Read more: Kinstellar Advises FMS-Wertmanagement AoR on Sale of Kyiv Shopping Mall Debt

Avellum has advised Investment Capital Ukraine, ICU,  on the sale of its stake in several alternative energy projects in Ukraine it jointly developed with the VR Capital Group to its JV partner.

Read more: Avellum Advises ICU on Sale of Stake in Alternative Energy Projects in Ukraine

Integrites has successfully represented the interests of the Ukrainian state enterprise Ukrkhimtransamiak, an ammonia pipeline operator, in arbitration proceedings against Russian chemical giant Togliattiazot worth over USD 190 million.

Read more: Integrites Successful for Ukraine's Ukrkhimtransamiak in Arbitration Against Russia's Togliattiazot

Sayenko Kharenko has acted as Ukrainian legal counsel to the EBRD on its grant of an up-to EUR 5.3 million financial package to Bank Lviv under the EBRD's Women in Business Programme.

Read more: Sayenko Kharenko Advises EBRD on Loan to Bank Lviv Under Women in Business Initiative

Redcliffe Partners and Clifford Chance Amsterdam have advised the Netherlands Development Finance Company, the Green for Growth Fund, and the Norwegian Guarantee Institute for Export Credits on EUR 37.8 million financing to Scatec Solar for the construction of a 54 MWp solar PV plant in the community of Bohuslav, in the Kyiv region of Ukraine. Integrites and Trinity advised Scatec Solar on the transaction, which closed in July 2019.

Read more: Redcliffe Partners and Integrites Advise on Financing of Bohuslav Photovoltaic Power Plant...

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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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