For the purposes of this review below we assume a hypothetical scenario whereas a company is illegally deprived of assets or investments in Ukraine.
Sayenko Kharenko, Turcan Cazac, Linklaters, and Homburger have advised joint lead managers and bookrunners Citigroup, ING, and Renaissance Capital on the USD 400 million issuance of 8.45% secured notes due 2026 by the Trans-Oil Group of Companies. Gladei & Partners, Baker McKenzie, Arthur Cox, and Harneys Aristodemou Loizides Yiolitis advised the issuer and the guarantors.
On May 17, 2021, CEE Legal Matters reported that Asters had advised Ukraine Power Resources on the construction of the first phase of the Dnistrovska wind park. CEE In-House Matters spoke with Peter A. Gish, CEO at Ukraine Power Resources, to learn more about the deal.
11 June 2021 saw the published form of disclosing the legal entity’s ownership structure approved by Order 163 of the Ministry of Finance of Ukraine dated 19.03.2021 (hereinafter – the Order) pursuant to Law of Ukraine No. 361-ІХ “On Prevention and Counteraction to Legalization (Laundering) of Proceeds of Crime or Financing of Terrorism and Proliferation of Weapons of Mass Destruction” dated 06.12.2019. New requirements to the disclosure of the legal entity's ownership structure will apply from 11 July 2021. All legal entities incorporated in Ukraine must submit their ownership structures to the state registrar till 11 October 2021 in compliance with new requirements.