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Newsroom
Our insights and press releases
Reconstruction of Ukraine by Kim & Chang and AVELLUM
Seoul, Korea – November 27, 2023 Kim & Chang, South Korea’s largest and most specialised law firm, in collaboration with AVELLUM, hosted a groundbreaking seminar in Seoul, focusing on the reconstruction efforts in Ukraine. The event aimed to facilitate discussions and provide insights for local businesses interested in investing in and contributing to the rebuilding […]
AVELLUM and Hillmont Partners to win in the Supreme Court, having successfully defended the US investors Argentem Creek Partners and Innovatus Capital Partners
Argentem Creek Partners (ACP) and Innovatus Capital Partners (Innovatus), a US-based investment fund and an asset management company, specialise in emerging market lending. ACP and Innovatus have invested hundreds of millions of US dollars in Ukraine in recent years. Hillmont Partners and Avellumwon in the Supreme Court, which ruled to uphold the bankruptcy proceedings against […]
AVELLUM team contributes to amici curiae brief at the request of the Supreme Court
AVELLUM Arbitration Practice, within the working group of the Ukrainian Arbitration Association, participated in drafting and submitting the Amici Curiae Brief to the Grand Chamber of the Supreme Court (“GC of the SC”). The Amici Curiae Brief addressed the issue of extending the applicability of an arbitration clause outlined in a contract to a dispute […]
NBU permits early repayment of loans to DFIs and ECAs
The National Bank of Ukraine (“NBU”) further relaxed currency control restrictions allowing Ukrainian borrowers to make early repayments of cross-border foreign currency loans extended after 20 June 2023 to development finance institutions (“DFIs”) and foreign export credit agencies (“ECAs”). To recap, back in June 2023, the NBU permitted the repayment of cross-border foreign currency loans to […]
Бізнес vs правоохоронні органи: на що чекати у 2024 році?
Запрошуємо вас взяти участь у вебінарі AVELLUM, під час якого ми обговоримо останні тренди кримінальних проваджень військового часу. Захід буде проводитися у закритому форматі за запрошеннями. Дата: 30 листопада 2023 рокуЧас та формат: онлайн з 11:00 до 12:00 Ми обговоримо: Мова вебінару – українська. Участь безкоштовна за умови попередньої реєстрації. Зареєстровані учасники зможуть поставити питання за […]
AVELLUM secures merger control clearance for acquisition of control over co-owner of Ocean Plaza
AVELLUM advised JSC Integrity Capital on obtaining merger control clearance from the Antimonopoly Committee of Ukraine for the acquisition of shares in LLC Lanita Invest. Lanita Invest is an indirect co-owner of Ocean Plaza – one of the largest shopping and entertainment complexes in Kyiv, Ukraine. Following this transaction, Integrity Capital has now become an indirect […]
Legal entities are obliged to register in Unified Judicial Information and Telecommunication System
On 18 October 2023, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Regarding Mandatory Registration and Use of Electronic Offices in the Unified Judicial Information and Telecommunication System or its Separate Subsystem (Module) Enabling Document Exchange” No. 3200-IX, dated 29 June 2023, will be enacted (“Law”). The Law introduces an obligation to […]
AVELLUM and Hillmont Partners to win in the Supreme Court, having successfully defended the US investors Argentem Creek Partners and Innovatus Capital Partners
Argentem Creek Partners (ACP) and Innovatus Capital Partners (Innovatus), a US-based investment fund and an asset management company, specialise in emerging market lending. ACP and Innovatus have invested hundreds of millions of US dollars in Ukraine in recent years. Hillmont Partners and Avellumwon in the Supreme Court, which ruled to uphold the bankruptcy proceedings against […]
AVELLUM team contributes to amici curiae brief at the request of the Supreme Court
AVELLUM Arbitration Practice, within the working group of the Ukrainian Arbitration Association, participated in drafting and submitting the Amici Curiae Brief to the Grand Chamber of the Supreme Court (“GC of the SC”). The Amici Curiae Brief addressed the issue of extending the applicability of an arbitration clause outlined in a contract to a dispute […]
NBU permits early repayment of loans to DFIs and ECAs
The National Bank of Ukraine (“NBU”) further relaxed currency control restrictions allowing Ukrainian borrowers to make early repayments of cross-border foreign currency loans extended after 20 June 2023 to development finance institutions (“DFIs”) and foreign export credit agencies (“ECAs”). To recap, back in June 2023, the NBU permitted the repayment of cross-border foreign currency loans to […]
AVELLUM secures merger control clearance for acquisition of control over co-owner of Ocean Plaza
AVELLUM advised JSC Integrity Capital on obtaining merger control clearance from the Antimonopoly Committee of Ukraine for the acquisition of shares in LLC Lanita Invest. Lanita Invest is an indirect co-owner of Ocean Plaza – one of the largest shopping and entertainment complexes in Kyiv, Ukraine. Following this transaction, Integrity Capital has now become an indirect […]
The Roman Ratushnyi scholarship widens its reach to empower more Ukrainian law students
There are never too many charitable initiatives. As the new academic year begins, we are delighted to draw attention to the scholarship program established in memory of Roman Ratushnyi by our esteemed partners and colleagues from Allen & Overy, Morgan Lewis, and Norton Rose Fulbright. Last year, we marked a solid start to this initiative […]
AVELLUM is highly recognised in the IFLR1000 ranking
We are thrilled to announce that AVELLUM has once again achieved outstanding recognition in the prestigious IFLR1000 rankings. AVELLUM is listed in the highest Tier 1 for Banking and Finance, M&A, Capital Markets, Restructuring & Insolvency, and Tier 3 for Project development work. We are immensely proud of the individual rankings garnered by our team: […]
Legal entities are obliged to register in Unified Judicial Information and Telecommunication System
On 18 October 2023, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Regarding Mandatory Registration and Use of Electronic Offices in the Unified Judicial Information and Telecommunication System or its Separate Subsystem (Module) Enabling Document Exchange” No. 3200-IX, dated 29 June 2023, will be enacted (“Law”). The Law introduces an obligation to […]
Law on regulation of digital content and digital services adopted
On 30 August 2023, the President of Ukraine signed Law of Ukraine “On Digital Content and Digital Services” No. 3321-IX (“Law”), designed to implement EU Directive 2019/770. The principal provisions of the Law enter into force on 2 March 2024. Key provisions of the Law Additional notes This LEGAL ALERT is issued to inform AVELLUM clients […]
Law of Ukraine on regulating activities of branch offices of foreign companies in Ukraine entered into force
On 3 September 2023, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on the Regulation of Activities of Separate Subdivisions of a Legal Entity Established in Accordance with the Laws of a Foreign State” No. 3257-IX, dated 14 July 2023 (“Law”), entered into force. The Law improves the procedure for state registration […]
Bankruptcy procedure adapted for martial law
Law of Ukraine “On Amendments to the Bankruptcy Code of Ukraine on the Application of Bankruptcy Procedures during the Period of Martial Law” No. 3249-IX dated 13 July 2023 (“Law”) entered into force on 29 July 2023. This Law aims to adapt specific bankruptcy issues to the realities of martial law. For the period of martial […]
Can the Ukrainian business be excluded from a global transaction to avoid the need for Ukrainian merger clearance?
Recently, the Ukrainian competition watchdog has made it clear that the answer is no. On 22 June 2023, the regulator imposed a hefty fine (around EUR 623,375) on Cheplapharm Arzneimittel for violating the standstill obligation and closing the acquisition of the Valcyte® business from Hoffmann-La Roche during the Phase II review. What happened? In December 2021, the parties asked […]
State register of sanctions will be created in Ukraine
On 29 July 2023, Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on the Application of Sanctions” No. 3223-IX, dated 13 July 2023 (“Law”), enters into force. The Law creates the State Register of Sanctions (“Register”), which will allow free public access to information on all entities subject to Ukrainian sanctions. The […]
COURT PRACTICE ON THE OBJECTS COMMISSIONING (ukr)
Інна Ербелідзе, Юлія Підлісна Введення в експлуатацію закінчених будівництвом об’єктів є завершальною і водночас найбільш проблемною стадією будівництва. Органи архітектурно-будівельного контролю (“Містобудівний Орган”) часто відмовляють у реєстрації декларації про готовність об’єкта до експлуатації (для об’єктів СС1) чи видачі відповідного сертифіката (для об’єктів СС2 та СС3), не аргументуючи такі відмови та обмежуючись загальними посиланнями на положення […]
СONSTRUCTION, RECONSTRUCTION, RESTORATION, REPLANNING, CAPITAL AND ORDINARY REPAIR: COURT PRACTICE (ukr)
Термінологія будівельного законодавства є широкою та, на перший погляд, може виглядати заплутаною. Так, за Законом України “Про регулювання містобудівної діяльності” від 17 лютого 2011 року № 3038-VI (“Закон про Містобудівну Діяльність”), основний термін “будівництво” включає в себе такі поняття як “нове будівництво”, “реконструкція”, “реставрація” та “капітальний ремонт”. Додатково до зазначеного вище, знаходимо термін “перепланування” у таких нормативно-правових актах: […]
FOR FOREIGN INVESTORS: PECULIARITIES OF SHARE TRANSFER IN UKRAINE
As a rule, transactions with securities, including shares in joint stock companies, require the engagement of an investment firm, in particular a securities broker. At the same time, the Law of Ukraine “On Capital Markets and Organised Commodity Markets”, which entered into force on 1 July 2021, provides for several exceptions to this rule. Indeed, […]
DIIA CITY LAW IN UKRAINE: IP
On 11 August 2021, the President of Ukraine signed Law of Ukraine “On Stimulating the Development of the Digital Economy in Ukraine” No. 1667-IX (“Law”). Most of its provisions became effective on 14 August 2021, introducing Diia City, a special legal regime for IT companies, and bringing changes beyond the IT industry. Background It is no […]
BUYERS BECOME MORE DEMANDING WITH RESPECT TO POTENTIAL TARGETS, AVELLUM’S SURVEY REVEALS
AVELLUM for the second time researched how the coronavirus outbreak affected the plans of businesses to purchase or sell assets or companies in Ukraine in the next 6 to 12 months.
STOP ON REQUEST (ukr)
Шахрайство — це прикрий тренд сучасності. За оцінками Асоціації сертифікованих спеціалістів із розслідування шахрайства (Association of Certified Fraud Examiners, ACFE), кожна компанія втрачає в середньому 5 % річного доходу через шахрайські дії свого персоналу. У ціновому вираженні збитки компаній за 2020 рік сягнули 3,6 мільярда доларів США. Водночас дослідження ACFE стосувалося випадків лише «внутрішнього» шахрайства (occupational fraud), виключаючи дії […]
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IFLR1000
AVELLUM is a professional firm with excellent attention to detail and good lawyers. They always perform well and are very driven in providing top service.
IFLR1000
Uniformly excellent. The best firm in Ukraine these days. Very strong across all practice areas, professional ethos and service culture.
Chambers Europe 2019
“An excellent combination of international experience and deep knowledge of Ukrainian realities”
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